How to make money and practice leadership- video podcast for your career, team or organization
Here is a lively video/ podcast for practicing leadership.
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
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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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.
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.
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.
On January 23, 2020 this article was published at Alister Paine. You may like it.
The link is https://alisterpaine.com/2020/01/23/why-millennials-demand-okr-leadership-from-managers-and-leaders/ .
The text of the article is here for you to share.
The first paragraph is here…
Millennials think they are unique. Just ask one. However, throughout history there have always been population surges after wars, diseases and migrations. So, what makes the current population of millennials, born in the U.S. between 1981-1996, truly unique? They represent over 75 million people, 25% of the U.S. population, a larger population surge than the post-war Baby Boom, 30% of the voting age, more diversity than any previous generation, and about 50% of today’s workforce (see Brookings.edu). These millennials are uniquely qualified to use new tools such as digital technology to communicate, social media platforms to influence consumers and public opinions, graphic images and visual memes, ethnic and racial diversity to describe more inclusive perspectives. The result is massive impact from countless millennials in every workplace and business sector. Examples include social protests, outrage, political discord, lawsuits, reputational attacks. Millennials are agile learners who demand to speak and be heard. That fact requires that learning managers and leaders respond differently than ever.
I enjoyed writing that article. Let’s continue the conversation. Here are 6 great resources for you, your team, and your organization.
All your best, Doug
Please share these podcasts with your friends and families.
Published on 1.3.20. Interviewer: Tayo Rockson. Title: 487: The Real Way To Cultivate Leadership With Doug Gray
Published on 1.22.20 on Business Talk Radio. Interviewer is Christopher Roberts.
The 8-minute interview is at https://businesstalkradio1.com/doug-gray-01-22-20-leadership-development/