Are You Ready for that Promotion?

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3 Questions to Ask Before You’re Promoted One of the happier moments in a leader’s career is when you’re promoted.And one of the sadder moments in your career is when you realize the promotion isn’t what it was described to be.So who’s fault is that?Who cares?  Instead, let’s get on with how to avoid that from happening in the first place.If you’re going to buy a new mobile phone, you likely do…

Take 15 Minutes to Save Your Job

Take 15 minutes, and save your job, your department, and possibly, your company. How? You won’t need your smartphone, laptop, phablet, email, Facebook, Twitter, Snapchat, Periscope, text messaging, or IBM’s Watson for this. Just your head, a pen, a piece of paper, and 15 minutes. Now, think of the key roles in your team, department, and/or company. Got them? Good. Write them down in a column on the left hand…

Why the Universe Creates “Cry Potentials”

If I dropped a china plate on a tile floor, you’d expect to see it break and shatter into a million pieces. And if I waited for hours, you would never expect the fragments to re-assemble themselves back into the plate. Even if I waited years, you’d never expect that to happen. If you knock over a glass of milk, the milk naturally flows out and disperses. It never flows…

Study: Want to be a CEO one day? Then find your way to an HR role.

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New research from Ellie Filler of Korn Ferry and Dave Ulrich of U. of Michigan concludes that a stint as CHRO is great experience for those that aspire to be CEO. Interestingly, “except for the COO (whose role and responsibilities often overlap with the CEO’s), the executive whose traits were most similar to those of the CEO was the CHRO.” The rising status of HR leaders is not a surprise.…

David Moyes Now Truly Goes It Alone

David Moyes Earlier this month, I wrote about David Moyes, the embattled coach of the UK soccer team Manchester United.  Moyes had inherited the most successful team in the British Premier League from one of the most successful coaches, Sir Alex Ferguson.  In fact, Sir Alex had handpicked Moyes to succeed him. Last year, Manchester United won the championship under Sir Alex, but this year Man U is currently 7th, with…

Why and When Boards of Directors Let Their CEOs Go

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Sure, numbers matter. But not hitting your numbers is only one reason Boards fire their CEOs. Trust or confidence in the CEO is crucial. Employee relations (both the proper and the improper kind) is a key concern to Boards. And there is the matter of responsiveness to customers. All are considered by Boards when determining the fate of the incumbent. For more, click here for an interesting article from Wharton.

Succession Planning, Part 2: Remaining Basic Steps

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In the month since my post about Basic Steps for Effective Succession Planning, global economic issues have continued to ripple onto our shores, as we wrestle with our own economic concerns. Now more than ever, companies need great talent to lead them effectively, and smart leaders are doing all they can (as they did during better times) to ensure that they have a continuous supply of great talent. In this…

Succession Planning: Some Basic Steps

Even with the crummy economy and high unemployment, smart leaders are still concerned about the potential loss of great talent from their companies. Whether you’re running a company, division, department, or a team, you need to plan for your future talent needs. And the sooner, the better. In this month’s 60-Second Email (TM) , we outline the first steps you need to take for effective succession planning. And when you’re…

If Your Company Needs First Aid, Don’t Cry for Help.

A recent survey from OI Partners suggests that many companies are not adequately prepared when it comes to succession planning. And we’re not talking just at the C-level. This includes leaders and managers at other levels as well. One issue that many companies face is the fact that no one’s in charge or responsible for ensuring the company has enough successors for key positions. For more on this issue, please…

Is Failure Truly Not an Option?

“If an educated work force is the nation’s human capital, business is seeing a lot of subprime these days.” – from An Educated Workforce, Wall Street Journal, November 23, 2009 Recently the Wall Street Journal invited top CEOs and policy makers to Washington to discuss critical issues facing the United States. According to John Chambers, Chairman and CEO of Cisco Systems, and a Co-Chair of the assembled task force on…
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