Sometimes success breeds anxiety, and the business leaders we serve worldwide are expressing both. On the success side, the U.S. is still enjoying the record-breaking stock market bull run that began in 2009, and most of our clients have profited from it.
If you haven’t abandoned performance reviews yet, you probably have the same reason as Facebook: “Critics of performance evaluations have suggested that ratings automatically produce a fight-or-flight response,” their executives write. “Actually, many people have stronger reactions to not being rated.”
Are you a new manager, or hoping to be one soon?
Unfortunately, most new managers are left to sink or swim when they get promoted into a leadership role. The data is concerning, 40% of new managers don’t last 18 months.
Six out of ten executives believe, according to the Harvard Business Review, that their enterprises make good decisions as often as they make bad ones.
That’s horrible. Can you imagine trying to get a degree with a record like that? What if every time you got an “A,” you got an “F” as well? You’d go insane. What about raising children? What if every time you managed to do something wise, you knew that your stupidity was about to land a punch as well? You’d go insane – and you’d be depressed.
As life seems to be getting busier, are you finding yourself running faster and faster just to keep up?
There's a lot out there about KPIs. We'll help you uncover everything you should know about KPIs.
1. Honestly, what is a KPI...
As a business leader, you need to think carefully about how you spend your most important resource – your time.
If you're not deliberate about how you manage your time, you can fritter it away doing “busywork” – e.g. responding to emails and reacting to what is going on around you. You may feel like you are working hard, but are you actually moving your company forward?
High performance leaders make time to plan ahead.
As I go about my daily work with business leaders, I find myself constantly encouraging them to plan ahead. Being reactive leads to them constantly “playing catch-up.” As a team leader myself, I find it is a constant challenge to be one step ahead of the team, to see what is coming next and to shape the future so I understand the challenge.