How to make money and practice leadership- video podcast for your career, team or organization
Here is a lively video/ podcast for practicing leadership.
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Here is a lively video/ podcast for practicing leadership.
The acronym WYSIATI, or “what you see is all there is” was famously explained by Daniel Kahneman (the only psychologist ever to win a Nobel Prize in economics!) in Thinking Fast and Slow (2019).
The impact of his work on HOW we categorize behaviors is significant and important for ALL managers and consultants.
In this article, I briefly review some of the current models and suggest that my colleagues become familiar with the VIA Classification assessment tools, which offer an alternate vocabulary based on character strengths and new, globally validated research.
You can apply this article published in the Family Firm Practitioner to your consulting, managing or leadership. With any team. Today.
Please share this article, then contact me to discuss how your team or organization can leverage your strengths.
All your best, Doug Gray, PhD, PCC
Hello friends,
There is plenty of nonsense from online extremists. I’m sick of it. You may be frustrated too.
One of my clients said, “I’m just paralyzed. I’ve submitted my PPP application to Wells Fargo because I trusted them to deliver. Now they say I should consider a new bank. I don’t know who to trust.”
Another client said, “We have adopted new norms for remote work. Everyone has a laptop with a secure virtual private network (VPN). But, people are late for meetings. WebEx doesn’t work. We get interrupted by crying children and barking dogs. Our deliverables are down 20% in 3 weeks.”
That’s why I want to give you these 6 great resources:
Just thinking of you, today, at your best.
Respectfully,
Doug Gray, PhD, PCC
CEO, Action Learning Associates, LLC
704.995.6647 mobile, 615.236.9845 office. Calendar Me.
My top signature strengths: creativity, hope, perspective, honesty, zest
Hello friends,
Yesterday over 1,600 people registered for my webinar, and over 450 participated. Here is the content for your team.
Thanks for registering for our webinar on OKR Leadership Explained with Dr. Doug Gray.
Click the button below to access the recording of the webinar. Feel free to share it with your network! Below are resources for your continued learning:
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If you’d like to learn more about how 15Five can help unlock the potential of your workforce, click here.
P.S. 15Five’s Best-Self Conference is right around the corner. Come learn from industry experts such as Simon Sinek, Amy Edmondson, Julie Zhou, and Claude Silver. Reserve your ticket now!
Warmly,
Mitchell Yee Event Marketing 15Five |
Here is the PDF of the complete article
Here is the opening text…
Succession Planning requires OKR Leadership
At a recent meeting I asked, “What is your leadership succession plan?” After a blank stare from several business owners I heard:
“We don’t have one. What is it, exactly?”
“You’re looking at it. I’m all we’ve got.”
Family-owned business leaders are not alone. Business owners are not alone. As most FFI members know, family business leaders represent about 70% of the U.S. economy, and about 70% of new job creation. My experience is that 100% of family business leaders worry about succession planning. What about your clients?
This short article explains what succession planning is, and how OKR leadership can help your clients be more proactive than reactive. You have probably read that only 1/3 of family businesses survive from the first generation to the second. But the reason for that low success rate is because they are not well advised by FFI members. You, and your clients, can practice succession planning using OKR leadership. Think of this article as one more tool in your toolbox.
Definitions
Succession Planning is defined as a process for identifying and developing your next generation of key leaders. The goal of succession planning in family-owned businesses is to perpetuate your legacy and assets over generations.
Succession planning requires OKR Leadership. Let me explain. Objectives describe what to do (e.g., transition ownership and management to the next generation). Key Results (KRs) describe how you measure that objective (e.g., assess the strengths and weaknesses of each family member and director within the next 30 days).
OKR leadership is the process for managers and leaders to practice what matters. For example, if your business needs to develop a succession plan, then you may need to increase accountability and transparency using OKRs. At many of my client companies, OKRs are written by each director and each family leader. Those OKRs are reviewed monthly at family business meetings. You may know that OKRs have driven the largest migration of financial assets and technological innovation ever recorded in human history to Silicon Valley, California since the 1970s. OKR leadership is a radical process for top-down hierarchical organizations to implement, but it is attractive to many family-owned business leaders because it works.
Case study
Rick is an example…
Read the full article above for the case study.
For discussion about your family business or succession planning, please contact Doug Gray here.
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