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| January/February 2009 |
Vol 2, Issue 1 |
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Leadership Central
Thoughts to accelerate your success |
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| Greetings! |
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As we move into a year of economic uncertainity, now is the time to focus on your top employees. These are the women and men who have proven that they deserve your attention. They have shown the initiative and ability to overcome adversity and have helped your company to meet and exceed customer, financial, and strategic goals.
This edition of our newsletter focuses on ways to retain your "A" players. They'll be the ones who help you survive and thrive in these difficult times.
Here's to accelerating your leadership success!
Beth Armknecht Miller
Executive Coach
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Developing Future Leaders- It's Imperative Not to Wait!
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Why is it important to develop future leaders within your company?
Continuity of company culture, labor shortages, and an unexpected death
of a senior manager are just a few important reasons.
In his book, Built to Last, Jim Collins describes the very
successful succession planning process that GE's CEO, Reginald Jones,
took to find a new CEO. The process involved 96 candidates over seven
years before Jones narrowed the candidates down to a single successor:
Jack Welsh.
GE's commitment to the succession process not only identified Jack
Welsh, but all of his predecessors as well. These leaders were
visionaries and change agents - an important, ongoing part of GE's
culture.
While you may not currently be in need of a successor, have you at
least identified some potential candidates? Who within your
organization has the potential to succeed you? And how long will it
take before they are prepared to take your seat? Read more...
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| A Reintroduction to a Great Assessment Tool |
| In the past, as an employee or company leader, you may have had the opportunity to take the Myers-Briggs Type Indicator (MBTI), the leading personality inventory assessment tool.
For almost 40 years, business leaders have used the MBTI to assist them with managing employees, developing leadership skills, coaching leaders, building teams, training management and staff, resolving conflicts, enhancing communications, motivating employees, and enhancing diversity training.
What is the Myers-Briggs Type Indicator?
The Myers-Briggs Type Indicator results in a personality inventory designed to make C. G. Jung's theory of psychological types more understandable and useful in people's lives. Jung's theory states that random variations in behavior are actually quite orderly and consistent over a long period of time. However, it is the basic differences in the ways individuals use both their perception and judgment that cause observable behaviors. Read more...
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| Driving Employee Engagement Through Coaching |
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In our last newsletter we discussed how important employee engagement is for retaining good employees, increasing customer satisfaction, and ultimately increasing profits. In First Break all the Rules: What the World's Greatest Managers Do Differently, Marcus Buckingham describes the factors which lead to an effective workplace and concludes that an employee's manager, not the company, is the critical link to employee engagement.
Of the 12 questions used in Buckingham's study, three questions directly correlate to the importance of coaching as an effective employee development tool:
- Is there someone at work who encourages my development?
- This last year, have I had opportunities at work to learn and grow?
- Does my manager, or someone at work, seem to care about me as a person?
So how does a manager encourage development, provide opportunities to learn and grow, and show employees they care? By coaching their employees. Read more...
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About Executive Velocity
Executive Velocity is a leadership development assessment and coaching firm committed to ensuring the success of top-level executives and business leaders of emerging companies in the professional services, technology, and healthcare sectors. EV leaders maintain certifications in such assessment tools as Myers-Briggs and Hogan. For more information, visit our website at: http://executive-velocity.com | |
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