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Showing posts with the label business leaders

Achieving Long-Term Performance in a Short-Term World

In a world that is evolving in so many ways, faster than ever before, CEOs, C-Suite leaders, and boards of medical device and diagnostics companies often find themselves in a challenging position. On the one hand, rapid changes in digital technology and societal expectations for healthcare delivery have resulted in unprecedented opportunities to innovate and transform for game-changing growth. On the other hand, investors and shareholders often demand consistent short-term returns, frequently quarterly. Many top leaders know about best practices and fundamental principles of leading to their companies' aspirational purpose, vision, and mission. However, despite this, they share with us that there can still be a gap between this aspiration and the reality of the sometimes "strange" responses that employees, partners, and other stakeholders may have to moving in a different direction to create long-term value. These dynamics can include persistent conflicts across the...

15 Daily Habits to Boost Productivity Among Leaders and Their Teams

Happy and healthy employees can help enhance a team’s overall productivity. The more productive and collaborative your team is, the more successful your business will be. As a leader, part of your role is to model good habits to increase productivity, whether it’s by making time for self-care routines or by creating the perfect organizational system that works for your team. Below, 15 Fast Company Executive Board members share the unique habits they believe can help boost the personal and professional productivity of staff members across the company. 1. Practicing self-care Self-care looks different for everyone but for me it includes things like observing a regular skincare routine, getting in a few yoga sessions per week, and switching to reading books when I realize I’m doom scrolling or watching too much trash TV. By taking care of yourself, you’ll have more energy to be your best self at work and you’ll be more empathetic to team members when they’re struggling. – Maddy O...

Effective Time Management for Leaders

Countless things can distract business owners and leaders from their primary roles. Often this is to drive sales and push their company forward. To succeed, however, you must manage and guard your time well. The key is not only getting everything done but also avoiding burnout and feeling satisfied and accomplished at the end of the day. With that said, check out these 12 tips for fresh ideas or reminders that will assist you in stepping up your time management game. And, in turn, become the most productive boss ever. 1. Pick your rubber balls and glass balls. Taking on multiple tasks at once can be detrimental to your productivity and health. Because of that, priorities are critical. And, to prioritize, you need to think in terms of rubber and glass balls. When you drop a glass ball on your team or business, you will suffer long-term consequences. You should take care of these ones by yourself if you don't want them broken. Rubber balls, on the other hand, can be ha...

Time To Lead: Is Leadership Success A Race Or A Journey?

Wolff Olins Myths and legends around leadership and what it takes to become a great leader are both powerful and enduring. Each generation grows up with its own version of what success looks like and what it takes to get there. Most recently, social media has fuelled the memefication for success and set the agenda in terms of what it means to succeed, including the need for speed. With the inspo quotes and life coaching offers coming thick and fast. All of which makes you wonder what part time plays in becoming a successful leader, and if this equates to becoming a great leader. The ‘30 Under 30’ achiever lists, social media influencer success stories and TikTok entrepreneur masterclasses fill our timelines, giving the impression that success should be instant and that falling behind is simply unacceptable. Meanwhile, Harvard Business Review writes this month about the traits looked for in CEOs of the future. There’s a heavy emphasis on social skills over technical know-how ...

Why It’s Time For Boards To Get Customer-Obsessed

Sara Richter is the CMO at omnichannel customer engagement leader Emarsys — part of SAP. The customer experience (CX) isn’t just a marketing add-on. In fact, many would say CX is the fundamental marketing objective. In a time when retention is the new acquisition, frankly, great customer experience has never been more important. That said, CX is far more than just a marketing tool. Business leaders who incorporate customer experience into every part of their organization will reap the benefits of more loyal customers and increased profits. In fact, it’s been shown that businesses adopting a “CX mindset” drive revenue 4% to 8% higher than their competitors. In related studies, 64% of “experience-led” businesses were found to trump their competitors on profits. This tangible business impact has not gone unnoticed by board members, who are now looking for new ways to seed CX from the very top of their organizations down. This is a shift that I personally know a lot about. The ...

Five Reasons Why Leadership And Management Skills Are Different—And Why It Matters

CEO of Sales Readiness Group (SRG), author and speaker with a passion for coaching teams to peak sales performance Leadership and management skills often get confused and interchanged when talking about developing more effective front-line sales managers (FLSMs). But there are some key differences. While one is not necessarily more important or better than the other, both need to be understood and developed in order to get the most out of your sales team. Managers often get trapped in the daily grind of running the day-to-day operations of their team. But understanding and executing key leadership principles enables them to look toward the future and inspire their team to achieve even greater levels of success. Here are five principles of being a good leader. 1. Leadership is about having a vision. Good leaders have a clear vision about where they want to take their team. Even within a small sales team, a good leader has a clear picture of what they can do to improve per...

How to Plan Your Curriculum as a Digital Coach

Every coach should have an online presence. But being a digital coach is not as easy as it seems. The biggest challenge a new digital coach faces is planning the curriculum. A curriculum should be set in a way that the students gain maximum knowledge, without a moment of dullness and at the same time stay connected. Within that connection, the concepts shared should be linked to one’s own experience to make the curriculum more profound. A coach should constantly keep their material and methods updated. The curriculum should be designed in a way that not only increases the completion rate but also provides certainty to the people signing up.  Research by Global Industry Analysts suggests that e-learning will be a $325 Billion industry by 2025. However, the industry average completion rate of e-learning courses can be as low as 5%. Nevertheless, I have cracked a methodology that has made my average completion rate 50%. With my experience, I recommend a six-step p...

It’s Important for Entrepreneurs to Not Fear Failure and Have the Will to Experiment’: Harsh Mariwala

Harsh Mariwala, founder and chairman of Marico, is a well-known name in the business world with his journey being an inspiration for all budding entrepreneurs. He founded Marico in 1987, a fast moving consumer goods (FMCG) company that now has operations in 25 countries across Asia and Africa. Since then, the company and its products have become a part of every Indian household. Encapsulating this success story is his book, Harsh Realities: The Making of Marico. In an exclusive conversation with indianexpress.com, Mariwala, who recently graced the stage of Tata Literature Live!, opened up about his book, business journey, Covid-19 lockdown, crucial entrepreneurship skills and more. Excerpts: What is the book all about, and what motivated you to write it? The book is about my own journey, from the time I was born to till today. It focuses mainly on my working life. While a small chapter covers my personal life, it is mostly about my business journey. Whenever I spoke at variou...

Cisco Launches First Global Hybrid Work Index Key Findings Reveal Hybrid Work is Powered by Mobile and AI Talent Sits Everywhere

SAN JOSE, Calif., Oct. 7, 2021 /PRNewswire/ -- News Summary: + New Index from Cisco -- based on millions of aggregated and anonymous customer data points - provides global insights on people's preferences, habits, and technology usage in the era of hybrid work + Over 200% growth in the use of AI capabilities shows people's desire for improved meeting engagement + On-the-go mobile meetings increase by 300% during pandemic + Security remains paramount: hybrid workforce was targeted with more than 100 million email threats daily in September 2021 alone Cisco (NASDAQ: CSCO) today unveiled its first Hybrid Work Index (HWI) based on millions of aggregated and anonymous customer data points. The Index, which will be updated quarterly, examines how people's habits and technology interactions have permanently reshaped work a year and a half into the COVID-19 pandemic. Findings show hybrid workers expect greater flexibility, accessibility and security, while businesse...

The Top Ten Mistakes Business Owners Make When Trying to Sell Their Business

June 29, 2021 13 min read This story originally appeared on ValueWalk Excerpt from EXIT RICH: The 6 P Method to Sell Your Business for Huge Profit (June 22, 2021; Fast Company Press) provided with permission by authors, Michelle Seiler-Tucker and Sharon Lechter. Q1 2021 hedge fund letters, conferences and more The 10 Mistakes Owners Make When Selling Their Business "Honesty is the fastest way to prevent a mistake from turning into a failure.” - James Altucher Sellers are typically experts at running their business. However, some business owners know every single intricate detail of running the day to- day operations, but they do not know and fully understand every intricate detail of selling their business. How could they? Selling a business is a complicated and extremely involved process. That process requires a tremendous amount of time, energy, effort, experience, and knowledge of the entire business sale process. In this section, we will cover the top...