By Beth Porter, Four Corners Broadcasting As you look forward to 2025, maybe start with a look back at your leadership practices. Especially as they pertain to decision-making within the organization. Decision-making means you choose from several options to achieve a desired outcome. Choose the wrong option and that desired outcome is just a distant memory. Decisions keep your organization moving forward…from strategic planning to daily problem-solving to performance. Like all leadership challenges, there are several ways to approach decision-making. These include:
Of course, procedures and policies can dictate that different types of decisions can be made using different styles. For instance, repetitive, routine, day-to-day decisions with well-defined procedures can use a simpler style than multi-faceted decisions like strategic planning or product development. Collaborative Decision-Making: the Upside When the situation calls for creativity or buy-in from stakeholders, a group perspective may be called for. The pros of group decisions:
When the team gets together to discuss a problem, they can work off of each other, sparking new ideas, new partnerships, and more creative solutions, especially when addressing a complex problem.
Complex solutions to complex problems usually mean lots of moving parts that need to be implemented. Getting the various stake-holders on board from the beginning should increase buy-in from all parties, leading to a smoother implementation.
Having an environment where everyone can voice their opinions and possible solutions can improve your team’s ability to communicate, which is a skill set that will work in almost all facets of business. It will also help increase understanding among the team.
And the Downside: No one method of decision-making is fool-proof. The drawbacks to collaborative decision-making can sometimes make it inappropriate to the situation. A strong leader needs a variety of skills to avoid the pitfalls of group decisions.
All that brainstorming to facilitate creative solutions, reviewing all the diverse viewpoints involved often take time in a group setting. Is the extra time arranging to meet, plowing through the details, hearing from all the stakeholders worth the benefits? Someone with a deft hand at time management and keeping the conversation on topic will need to be in control of the group interactions.
Opening up a discussion where people will present different opinions and view-points inherently opens up the potential for conflict. That means someone in the group needs to have strong conflict resolution skills and the necessary respect from the group.
Many of us do not like conflict and run from it at all costs! If the group is not open to new ideas or strong personalities tend to repress others from offering a differing viewpoint, the benefits of collaboration are suppressed, leading to poor decision-making.
Unless responsibilities for implementation and outcomes are clearly defined, or if there are people on the team who really don’t like the final decision, individuals won’t feel responsible for it during implementation. Once the ride has come to a complete stop, there needs to be the round up that clearly shows the next steps and who is responsible for what.
Like so many things, a strong moderator is needed when trying to reach consensus. That person needs to control the more vocal members and encourage those who are more timid to speak up. Otherwise, that valuable diverse input is lost. Which to employ? While individual decision-making may be faster, it carries the risk of personal bias. It also can come off as discriminatory, inequitable, self-serving or unsubstantiated. While collaboration can be messy, it offers up different insights, often leading to more well-rounded, relevant and apt solutions. Looking for an immersive experience in leadership development or to develop leadership skills for a team member? Consider Leadership La Plata, an excellent local resource. Check out www.LeadershipLaPlata.org for more information. Monthly Sponsor: By Beth Porter, Four Corners Broadcasting
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By Beth Porter, Four Corners Broadcasting It’s that time again, when holiday chaos reigns! We add holiday parties, crazy shopping sprees, travel and more…all in basically one month’s time! And that’s on top of our regular workloads that still need to get done, and get done well. How do you corral your team to maintain productivity without resorting to Ebenezer Scrooge tactics? Create a thoughtfully crafted agenda of highly organized priority setting and work-life balance tools. Here are some favorites from the Forbes Human Resources Council. Set Boundaries Let your team know that your policy is to respect personal time, theirs and yours, and let your family know that you have work obligations that you need to honor. Be sure you and your team fully disconnect during downtime and that there is time for rest and recharging as well. Everyone will enjoy their time more, improve well-being and boost productivity. Prioritize Meet with your team and communicate clearly the projects and tasks that really need doing. This includes reminding them that some of their everyday tasks may be repetitive, but they still need to be done well. Create hot, warm and cool lists, possibly reworking deadlines for warm and cool items to steer focus to those items that are most crucial. Focus Chaotic times are the worst times to multi-task! Handle one thing at a time; let that be your focus for that time period. It helps to stop to take a breath, decompress for a minute or two, before gathering your focus again to complete the task at hand. Ruthless Time Management We all practice some degree of blocking out specific times for specific tasks, but this is the time to really commit to those blocks. Schedule priority tasks or those that require the most focus during your most productive hours, while still treating your personal time blocks as equally important and inviolable. Keep in mind that breaking projects into smaller, easier to achieve tasks helps to create a clear timeline that will show where there’s some flexibility and give in the project. The 80-20 rule applies Yup, it bears out time and again…80 percent of high value outcomes result from 20 percent of your effort. Each day, focus on the top priority that makes the biggest impact. Peruse your to-do list (work and personal) and see if there are things you can delegate to colleagues with lighter work loads or family members who could use something to do. Flexible Scheduling and Planning in a Group Setting There are a lot of holidays between November and January! Is there a way to enable employees to take off a reasonable amount of time to enjoy those dates that are significant to them? Think shift-swapping, floating or comp holidays or other accommodations. Have a team meeting to get a sense of everyone’s schedules. If done in a collaborative setting, team members can negotiate with each other to be sure everything is covered. This effort will go a long way to helping your team maintain focus and keep up a positive attitude. While the team may not all be working at the same time, they are working towards the same goals. As long as you set clear expectations of outcomes, employees will feel connected to families and friends while still shouldering their piece of the work load. These are all steps that can help boost employee satisfaction and team productivity throughout the year. Implementing them now, in essence a trial by fire, can make the holidays more enjoyable for everyone, allowing time for personal and family time without sacrificing productivity. It’s a plan that even Ebenezer Scrooge can embrace….before and after his ghostly visitors. Wishing you all a happy, productive, family-friendly holiday season! Looking for an immersive experience in leadership development or to develop leadership skills for a team member? Consider Leadership La Plata, an excellent local resource. Check out www.LeadershipLaPlata.org for more information. Monthly Sponsor: Beth Porter is the Senior Marketing Consultant with Four Corners Broadcasting and an alumni of Leadership La Plata Class of 2015-2016.
https://www.forbes.com/councils/forbeshumanresourcescouncil/2024/11/15/20-ways-to-balance-work-and-personal-time-during-the-holidays/ Hopefully you’ve encountered businesses that just exude a positive attitude, with employees who seem to genuinely enjoy the work they do and the people they do it with. You know it from the real smile you receive when you walk in the door, to their obvious enjoyment in their work and often, to a feeling that this is a business that is successful and will be around for a long time! Usually this positive attitude goes hand-in-hand with a courteous environment. No, it’s not the high drama and frustration we see on office-based television shows. It isn’t the boss cracking the whip to push employees to their limit. But rather than creating a soft, squishy, negligent kind of power structure, courtesy and a positive attitude creates a dynamic that people want to buy from, invest in and work with. Enthusiasm, encouragement and confidence help others believe in you and what you’re doing. Employees are often more productive and make fewer errors. That increased productivity often leads to higher profits as well as reduced absenteeism and sick leave. Employees who feel valued and supported are more comfortable sharing new ideas, improving creativity and problem-solving. So how do you foster an environment of courtesy and positive attitude? It starts from within. It starts from a clear belief that a positive company culture is one that creates and reaps the rewards of collaboration, productivity and employee satisfaction. Managers trust their employees to produce quality work and to make good decisions. Employees respect each other and contribute to the team to complete projects and to get the day-to-day business done in a pleasant, effective manner. Employees are given responsibilities that play to their strengths. But how do you get there? Here are some ideas from Indeed.* Interact with colleagues Be the example and greet your colleagues when you see them in the office and say goodbye when parting for the day. This small interaction builds connections within the team. Check in when you’re together in the break room or passing in the hallway. Recognition for Work well done Offer appreciation for excellent work whenever you can, whether it’s an email blast or a shout-out during a staff meeting or a formalized incentive program where management or employees nominate a worker. Understanding their value Be sure employees understand the role they play in the company’s success. Understanding their value often increases their engagement. Support Though we all usually have full plates at work, foster the attitude of helping out coworkers who may be struggling with their piece of a project, or even when the office printer jams! Set Goals Create goals for employees that are attainable and important to the work at hand. Encourage employees to set their own goals as well, and give them appropriate tools to measure those goals. Encourage movement So much of our office work is in front of a computer screen or some other sedentary effort. Encourage short breaks every hour. Getting up and moving around, checking in with colleagues, clearing your brain for a few minutes are all mood boosters and help break up the tedium…much more effective than the secret breaks scrolling through social media! Community Service Many companies make allowances for employees to contribute to community-oriented programs. From hosting a donation drive for the local food bank to giving employees time to serve on non-profit boards, employees feel respected and connected. Stakeholders including customers, vendors and investors often appreciate businesses that are engaged with the community they live and work in. Professional Development An engaged employee often wants to get better at what they do, or acquire skills that allow them to move up within the company. Your organization may be large enough to conduct in-house training. Or do some research to see if there are webinars or conferences that address skills that you want in your employees. Ask employees if they have a class or event they’d like to attend. You get a more engaged employee AND an expanded skill set! These are just a few ideas of how to foster a courteous and positive workplace. Once you’ve baked these attitudes into your company culture, it will go a long way towards that positivity reflecting outward to customers, vendors, investors and the community. Looking for an immersive experience in leadership development or to develop leadership skills for a team member? Consider Leadership La Plata, an excellent local resource. Check out www.LeadershipLaPlata.org for more information. * https://www.indeed.com/career-advice/career-development/happy-workplace Beth Porter is the Senior Marketing Consultant with Four Corners Broadcasting and an alumni of Leadership La Plata Class of 2015-2016. By Beth Porter, Four Corners Broadcasting Conflict in the workplace. For many of us, just the phrase gives us the heebie-jeebies! The leader who expects the team to just work it out or get over it and get back to work is just passing the buck. Then that leader may very well find themselves butting heads with someone else. Conflict management is an incredibly useful leadership skill to achieve the holy grail, productive teamwork! It’s another of those power skills whose value to the organization is getting more recognition and more weight, especially as the term “toxic working conditions” gets thrown around more and more often. “Toxicity” is oftentimes the result of conflict and once the conflict is identified, parties can work to resolve it. There are several common scenarios where conflict arises:
There are several strategies for resolving conflict, though many are not productive when the stakes are high. Avoidance: this tactic does nothing to resolve the conflict or increase teamwork. Asserting dominance: in an emergency and a void of leadership, someone asserting their leadership may be crucial. But to build a stable team, fostering a culture of competition tends to create ill will, again eroding teamwork. Acquiescing: this strategy may keep the peace in the moment, however the person acquiescing may be left feeling less valued. Furthermore, the right solution may be left unspoken by someone who doesn’t want to rock the boat. Compromising: this one’s getting closer, though the disagreeing parties must both give something up. That’s why it’s known as a “lose-lose” strategy. However, if you apply big-picture thinking, swallowing your pride means you and the other person value the relationship and will make sacrifices to reach a mutually beneficial resolution. Collaborating: now we’re starting to cook up a win-win scenario! When you collaborate, all parties work together to find a solution that fulfills everyone’s goals! It allows you to harness the power of diverse skill sets and outlooks. Team members feel valued, which in turn can translate to loyalty. Improved, open communication leads to more efficient and effective meetings. How to get from conflict to collaboration
The pay-off for all this hard work? Working through the conflicts should eventually give way to ongoing, friendly communication, hopefully developing mutual respect for each other and an appreciation for a different viewpoint. All of that will lead to a much more collaborative atmosphere for a dynamic team! Looking for an immersive experience in leadership development or to develop leadership skills for a team member? Consider Leadership La Plata, an excellent local resource. Check out www.LeadershipLaPlata.org for more information. Monthly Sponsor: Beth Porter is the Senior Marketing Consultant with Four Corners Broadcasting and an alumni of Leadership La Plata Class of 2015-2016.
By Beth Porter, Four Corners Broadcasting Last month, I started delving into “Power Skills.” These are sometimes referred to as “soft skills.” They aren’t taught like engineering or acting. While we often think these are—or are not—a part of our nature, they can—and should—be developed by any leader. In August, we explored adaptability and resilience. This month, we’ll delve into creativity. In this instance, we’re referring to creative thinking and problem-solving as a means to innovation. On LinkedIn, creativity was identified as the most critical corporate asset out of 50,000 work-based abilities. According to an article in Forbes, a Future of Jobs study from the World Economic Forum cited creativity as one of the top five talents for the future. Innovation—or creativity--is crucial to solving the issues that our businesses and economies confront. Building creative thinking skills How do you develop and encourage creativity, within yourself and your team, to create value for your organization? Take a page from the Young Entrepreneur Council and incorporate these 8 steps to build creative thinking skills. Journal (by hand!) Journaling is freeing in its own right, from doodling to asking questions about the problem to bulleting the answers. Have fun with it! Use different colors. Many studies show that the act of moving your hand across paper will help you unleash your creativity. It’s a great way to jumpstart the process of coming up with new ideas. Immerse yourself in new experiences Creativity comes in large part from curiosity and exposure to new things. It opens up your mind to see new possibilities. Travel and experiencing different cultures is certainly one way to open up your thinking, but even walking a new route, exploring a different neighborhood, can spur a different perspective. Read books outside your comfort zone Usually reach for the new murder mystery? Instead, try historical fiction or maybe a self-help book for a problem you don’t have. Again, pushing boundaries and getting a peek at a different point of view can spark ideas and connections that you wouldn’t otherwise uncover. Brainstorming…a classic for a reason Brainstorming, especially with a group, really helps to unleash creativity! It’s a safe space where nothing is off the table and there’s no censoring. It’s fun, invigorating and often highly effective. There are no wrong answers. To be successful, everyone participating needs to just let the ideas flow. After you get a good list, start playing around with them to see if there are any connections that can be combined to form an even better idea! Encourage thinking outside the box…sometimes way outside the box. Join a mastermind group A mastermind group is a bit like a brainstorming session but with more focus. Mastermind groups meet on a regular basis and offer a combination of brainstorming, problem-solving and peer accountability. They are often made up of individuals from different industries, to bring diverse perspectives to the table. These groups require commitment, confidentiality and openness to new ideas and advice. When done well, they become catalysts for growth, play devil’s advocates and create supportive colleagues. Learn something new Each day, learn at least one new thing, whether it’s professional or interpersonal. This could be through reading, listening to a podcast from someone who comes from a different walk of life, or following that internet search down the rabbit hole! Ask questions When there’s a problem that needs solving, ask questions! What, how, why? What is your objective? How can you achieve it? Why is it important? Asking these open-ended questions help frame the issue and can be a great kick-start to a brainstorming session. Seek out new perspectives It’s easy to fall into the comfort of working with a group of like-minded individuals. But it can also be stagnating, as there’s no fresh new viewpoint to shine the light on a new path. Creative thinkers find a way to see problems from many different angles. For instance, if you have more of a driver personality, consult with people who are more attuned to and respectful of the emotional component of the situation. Granted, there’s a lot to unpack here. You may already do some of the steps. Try adding one new approach to boost your creative thinking game. It will bring value to your decision-making and to your business! Looking for an immersive experience in leadership development or to develop leadership skills for a team member? Consider Leadership La Plata, an excellent local resource. Check out www.LeadershipLaPlata.org for more information Beth Porter is the Senior Marketing Consultant with Four Corners Broadcasting and an alumni of Leadership La Plata Class of 2015-2016.
By Beth Porter, Four Corners Broadcasting
There’s a new term in the C-suite (or in the one-man shop!): Power Skills. Previously referred to as “soft skills,” Power Skills encompass emotional intelligence and people management skills versus “hard skills,” like technical prowess or scientific knowledge. Many of them are the skills your parents and teachers tried to drill into you:
It’s easy to dismiss these skills as personality traits…you’re born with them or you’re not. However, power skills can be developed. These skills help leaders develop the highest potential in their workforce by exercising empathy and empowerment, fostering curiosity, learning how to delegate and how to build a solid team. Adaptability and resilience Business is moving at a faster pace than ever and pivoting seems to be a daily occurrence. Adaptability is a skill that allows you to adjust to new situations, new circumstances. Resilience is a skill that allows you to overcome difficulties and quickly recover from setbacks. Building Adaptability:
Looking for an immersive experience in leadership development or to develop leadership skills for a team member? Consider Leadership La Plata, an excellent local resource. Check out www.LeadershipLaPlata.org for more information. Beth Porter is the Senior Marketing Consultant with Four Corners Broadcasting and an alumni of Leadership La Plata Class of 2015-2016. By Beth Porter, Four Corners Broadcasting Whether it’s local elections for plastic shopping bags or the polarizing 2024 presidential elections, political discussions in the workplace can disrupt team cohesion, cause tension to those not voicing their opinions and generally disrupt the office. How do you lead your team through this quagmire and what can you do legally? Surveys show that more than half of employees believe that their leader’s political beliefs influence their management styles and decision-making. Wow! In today’s scramble to attract and retain good employees, it matters that survey respondents revealed they have left or wanted to leave a position because of the boss’s politics, and 23 percent of potential job applicants decided not to apply because of a company’s perceived political stance. It’s probably unlikely that you can create your employee roster with people whose politics align with yours…and you’ll lose out on all the benefits that workforce diversity offer. What are the laws surrounding this topic and as a leader, how can you navigate these often incendiary discussions? Not a First Amendment Issue Employees do not have the constitutional right to express political beliefs in a private workplace. The First Amendment only applies to government actions that ban speech. In fact, private employers often can refuse to hire and even fire “at will” people because of their political views. However, depending on the interpretation of some labor laws, employers cannot restrict politics during non-work time, i.e. breaks, or in non-work areas, like break rooms. At times, labor laws under the NLRA conflict with state and federal EEO laws. You may want to review these laws as we are ramping up to a volatile political showdown. Create Guidelines and boundaries Regardless of the legal ramifications, how do you create an environment that give employees the strategies to avoid conflict over politics in a way that allows them to continue to work together amicably? A recent article in SHRM offers these guidelines:
Of course, some of this advice can apply to your next family gathering, too! An article in the Harvard Business Review also recommends you personally set the example. Set the tone during staff meetings by encouraging different views, demonstrating respect for others and showing a willingness to challenge your own assumptions. Here’s where the bumper sticker, Don’t believe everything you think, applies! Remind everyone that regardless of different voting records, it is still possible to care for and respect that person. Though tempting, it’s better to NOT ban political talk in the workplace. It’s just at the forefront of too many peoples’ minds. BUT make it clear that conversations should be between team members who want to participate. No one should be subjected to the discussion if they don’t want to be. Stress that communication should be based on curiosity and humility and that someone who was willing to banter yesterday may not be in the same headspace today to be interested or be able to exercise restraint. As a leader, it is also your responsibility to call someone out if they make an insensitive or inappropriate remark. Let the team know the comment was out of bounds. Follow up with the individual in private to be sure they understand you won’t allow employees to make offensive, hurtful comments. Whether it’s Red vs. Blue, Cats vs. Dogs or any other topic that people are passionate about, they have the potential to disrupt the team and workplace productivity. These guidelines can help you craft a work environment that encourages inclusivity, demonstrates respect for each other and challenges assumptions. Looking for an immersive experience in leadership development or to develop leadership skills for a team member? Consider Leadership La Plata, an excellent local resource. Check out www.LeadershipLaPlata.org for more information. ~~~~~~~~~~~~~~ https://www.shrm.org/topics-tools/news/employee-relations/political-discussions-workplace https://hbr.org/2020/10/managing-a-team-with-conflicting-political-views Beth Porter is the Senior Marketing Consultant with Four Corners Broadcasting and an alumni of Leadership La Plata Class of 2015-2016.
By Beth Porter, Four Corners Broadcasting We are in the midst of a fourth industrial revolution, fueled by data and emerging technologies. Like previous industrial revolutions, the cost of goods are falling with a concurrent increase in quality. Ease of transactions are evident in activities like organizing transportation, making a restaurant reservation, buying pretty much anything, online bill-pay, listening to music, reading books or watching your favorite show or sporting event on your laptop or phone. And of course, as with any change in business, leaders have to be on top of these new trends to understand how to leverage them for success and guard against becoming outdated and irrelevant in the eyes of their customers and other stakeholders. For the past few months, these articles have been inspired by a Forbes article outlining leadership trends for 2024. One of the trends we’ve already explored is adaptive leadership, meaning the ability to lead in unpredictable and ever-changing environments. The data and technology landscape is certainly one that needs constant observation and the ability to adopt those technologies that will serve the best interests of the business. While your business may not be data or technology driven in terms of products or services, all businesses are impacted by an increasing dependence on cyber security. Furthermore, good data can be invaluable for critical decision-making. Businesses with manufacturing capabilities need to be aware of existing and emerging automation technologies to stay current in the marketplace. For retail businesses, data literacy is used to understand customer data and take action in response to that data to bring new customers in and keep current customers coming back. That then leads to using data to understand and predict sales trends, manage inventory and understand market dynamics. Business leaders must understand current and emerging technologies and how to leverage data for critical thinking in making decisions. Being able to understand and adapt to evolving technologies and data sets are contingent on understanding digital tools and platforms, plus the ability to extract meaningful insights from that data. New advances in artificial intelligence, machine learning, and deep learning are happening daily. They will continue to impact our lives, from workplace automation to stores with advanced self-checkout to fully autonomous self-driving vehicles. These innovations mean leaders in all industries need to stay abreast of the latest technologies available as they will impact costs, workforce and customer expectations. Data is increasingly important in driving decisions. Understanding the data, how it is collected and collated, is key to making sound strategic decisions. Here’s where the adage bad data in, bad data out can mean the difference between a decision that leads to success and one that leads, well, elsewhere. What are some of today’s emerging technologies? If you’ve used digital street view or an interior decorator app to see what a paint color looks like in your living room, you’ve used augmented reality. Blockchain is a digital platform for recording transactions in a way that eliminates the need for third-party verification and also have an uncorruptible time stamp. Blockchain technology can be used for things as diverse as managing supply chains to protecting copyrights to managing clinical trials data and electronic medical records. Whether we want to or not, we are all using artificial intelligence (AI) in activities as common as Google searches for soil amendments! Being able to understand these technologies means being able to harness their potential to create more efficient processes and to improve overall productivity. Technology and data literacy means the ability to identify, understand, operate on, and use data and emerging technologies. This can be using data-based communication to bring clarity to enterprise-wide communications. Harvesting data from website traffic, transactions, social media and more to better understand customers and to harness new platforms to keep those customers engaged with your business. Using data to clarify and quantify for better decisions, essentially turning data into action. Adopting emerging technologies to increase productivity or enhance cyber security. Today’s leaders must stay abreast of new technologies and data usage to confidently lead their teams and to anticipate future breakthroughs. Looking for an immersive experience in leadership development or to develop leadership skills for a team member? Consider Leadership La Plata. Check out www.LeadershipLaPlata.org for more information. I see some of you rolling your eyes. Emotional Intelligence isn’t about pampering fragile personalities. After all, you don’t get much tougher than the United States Naval Special Operations Community. You know, the guys that can run a marathon with a 100lb pack on their backs and know how to turn an envelope into a machete. These elite warriors are also experts in navigating complex emotional terrains, a skill they consider necessary to success in the many missions. Why Focus on EQ? Think of some of the key things successful leaders do: motivate their team, provide feedback, manage stress, resolve conflicts and collaborate with others. All of these functions are going to be enhanced when the leader has the emotional intelligence to recognize and manage emotions. A leader who excels at managing conflict is able to bring a team together, reduce the water cooler complaints and boost motivation, all leading to more productivity. Now think about the flip side: without critical EQ skills, for instance the inability to recognize or understand emotions leads to workplace conflict. Without emotional awareness and the inability to practice empathy allows bad feelings to go unresolved and worse, fester. Beyond cases of hurt feelings, research by organizational psychologist Tasha Eurich shows that teams with members who lack emotional intelligence can cut a team’s success in half…yes, 50%! That’s a big number. Eurich’s research also shows the situation leads to increased stress and decreased motivation. The Hallmarks of Emotional Intelligence 1. Self Awareness and Self Regulation: Emotional intelligence starts with self-awareness and self-regulation. If your goal as a leader is team success due to collaboration and positive team dynamics, you must first understand and manage your own emotions. Do you understand your own strengths and weaknesses? Think about how an emotional reaction can impact the ability to make the right decisions, especially in a challenging situation. According to an article in the Harvard Business School Online Business Insights, there are 3 key ways to promote self awareness and self-regulation of outbursts:
2. Empathy Now think about how the ability to understand the emotions of others is going to affect communications whether team members, customers and stakeholders. How much better you would be at understanding how others may be making decisions based on their emotions. Leaders who excel at listening and responding with empathy are much better at coaching, planning, and decision-making. Empathy will also boost engagement and build trust, leading to higher morale and a more robust company culture. 3. Motivation As so beautifully illustrated by Ted Lasso, motivation is the ability to inspire yourself and others to action. These leaders care more about organizational goals than monetary ones. They stay optimistic when the wheels are falling off. It all leads to building team confidence. Researchers John Mayer and Peter Salovey first used the term Emotional Intelligence in 1990. Psychologist Daniel Goleman later was who brought the idea into popular awareness. In fact, he highlighted how important EI is in leadership in the Harvard Business Review saying, “The most effective leaders are all alike in one crucial way: They all have a high degree of what has come to be known as emotional intelligence. It’s not that IQ and technical skills are irrelevant. They do matter, but...they are the entry-level requirements for executive positions.” Looking for an immersive experience in leadership development or to develop leadership skills for a team member? Consider Leadership La Plata this year. Check out www.LeadershipLaPlata.org for more information. Monthly Sponsor: Thank you to our sponsors Forbes article: the Top 5 Leadership Trends that will Drive success in 2024:
https://www.forbes.com/sites/brentgleeson/2024/01/02/the-top-5-leadership-trends-that-will-drive-success-in-2024/?sh=257091393da0 https://online.hbs.edu/blog/post/emotional-intelligence-skills By Beth Porter, Four Corners Broadcasting Purpose-driven leadership and organizational identity used to be mainly for non-profit organizations. Running a business meant the bottom line, and profit dollars were the defining criteria of success. Sure, there’s a mission statement, but that defines how a business is going to make money. Company leaders made decisions that might be good for the bottom line, but negatively impacted employees, the environment or their communities. In one of my Leadership La Plata classes, I was introduced to the 3-P bottom line: a mission that strives to balance People, Planet and Profit. I was entranced by this idea, where every decision and action are weighed against how it will affect employees, the environment, as well as how it will impact profit. One of the 5 top trends identified by FORBES magazine in their article, “The Top 5 Leadership Trends that will Drive success in 2024” is Purpose-driven leadership. This means a company that aligns organizational goals with a broader sense of purpose and societal impact and leaders who prioritize values, ethics, and social responsibility in their decision-making. Some of the defining qualities of this leadership style include:
Some of the benefits of purpose-driven focus: Attracting, engaging, and retaining talent. Today’s work force, especially younger generations, looks for meaning in their work. Purpose can be of greater import than their financial compensation. Leaders who can communicate a sense of commitment to shared values help employees and other stakeholders to develop and maintain satisfaction with their efforts and with the organization. Ways to communicate purpose to employees:
Enhanced brand reputation As the world reads headlines of crisis after crisis, from natural to financial to political, business leaders are realizing that market value and brand reputation are becoming more closely connected. Brand value is enhanced by illustrating integrity through societal purpose, which in turn attracts more business opportunities. Studies show that companies employing and living purpose-driven leadership gain market share faster and grow on average three times faster than their competitors. Yes, consumers look at product quality and value for the purchase price. But they are becoming much more sensitive to doing business with companies that share their societal values. Increased Innovation When employees embrace and understand how their actions fulfill the company’s purpose, they become inspired to problem-solve, which by its very nature is innovation. When they get the “big picture,” they look beyond short-term sacrifices and keep working toward that larger than them, world changing shared goal. The true power of purpose-driven leadership is that defining how the company delivers value to the greater good inspires employees at every level to do their best work, and to feel energized while doing it. Prosperous companies have well-defined values, not a total focus on financial metrics, which guide their businesses. Looking for an immersive experience in leadership development or to develop leadership skills for a team member? Consider Leadership La Plata this year. Check out www.LeadershipLaPlata.org for more information. Monthly Sponsor: Beth Porter is the Senior Marketing Consultant with Four Corners Broadcasting and an alumni of Leadership La Plata Class of 2015-2016.
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