Tag: leadership development

  • Tips To Using The Pandemic To Create Better Business

    Tips To Using The Pandemic To Create Better Business

    The Coronavirus pandemic’s complex economic and social scenario meant a turning point in many companies’ and organizations’ strategies at a local and global level. The adaptation to the new time represented a transformation that went from the adaptation of its internal processes to the design of specific solutions for the new needs of consumers. Now, businesses may need to scramble to catch up to ensure that they are on target for a prosperous 2021 and beyond. E-Commerce is the way forward and therefore should be carefully considered. 

    Ecommerce is picking up, according to the logistics.

    At this point, logistics plays a key role. 40% of users are willing to pay more for fast shipping, and for 78%, logistics services influence when choosing between one online store or another. 

    Even though logistics is gaining weight and that it is going to experience a massive change in the short term, sellers have little weight in logistics. Amazon has spoiled the user, and the rest of the players have to compete in the deliveries. Amazon has set a standard, and the rest of the logistics operators have to reach that level. Everything seems to indicate that the end of the year, with Black Friday or the Christmas Campaign, will be useful when it comes to electronic commerce. All the companies that can have to go into e-commerce should undoubtedly delve into this sector, showing the most signs of promise for 2021 and the digital era. It has never been so easy to sell online or internationalize the business now, and there are plenty of websites that assist brands with getting on their feet. 

    Due to the pandemic, many small neighbourhood businesses run the risk of not being able to withstand the crisis if they don’t change to digital. It may seem like a threat or being forced to remove themselves from the high street; however, it is a decision that business owners will have to face themselves if they wish to continue. It may affect your team members, who may worry about losing their jobs or unrest within your business. There may be arguments among staff who may worry their job isn’t as important as someone else’s, and therefore, resolving conflict in the workplace is vital. Here are some ways that can encourage success once again. 

    Having an expert team that guides the company in its leadership and management.

    Having a team that manages the company’s resources in an optimal way will make it possible to take advantage of each element and resource of the company so that a culture is created and promotes prevention and optimization of resources. Work alongside other companies that provide economic security and optimize the company’s resources to make them efficient and invest in cybersecurity. 

    In matters of financial resources, it is essential to have an expert who knows how to optimize all economic resources. They are counted and create strategies to save as much as possible in daily operations. This can only be achieved with experience and case studies of successes. 

    Adapting to new technological ways of operating and selling online.

    There will always be new ways of operating and generating sales. It would help if you kept an open mind, see how the market moves, the competitors, and the business sector in general. Providing clients and collaborators security when using online platforms to continue operating will be a significant step in evolving the company and growing. Optimize the documents that allow visualizing the company’s transparency before any legal, fiscal, and administrative meetings.

    Create supervision teams for each area that allow detecting any opportunity for growth or change to grow.

    Creating emerging work teams in times of pandemic or emergency will help the company supervise each work team. In this way, results are not compromised, and times are optimized. These teams are responsible for being aware of the needs of the active part of the company and optimizing processes. Establish short, medium, and long-term goals that allow you to measure optimally and continuously. The rhythm of work changes must be taken into account; based on this, it is essential to create new goals with exact periodicity and promptly monitor those who develop them not to compromise results. Goals must be clear to all parties and must exist in all areas and levels.

    Emergencies can arise at any time, with staff changes and the impossibilities of keeping up with industry demand during these times. However, it would help if you always considered looking at the relevant support. 

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  • Leadership Is Action… Not Position

    People respond to good leadership! Period! It is in all aspects of our lives, not just business. A mother is a leader in her home; a son may be leader of a team sport or a daughter the leader of the debate team. A group relies on the person in charge to actually lead them to success. A true leader is highly ethical, honest and respected.

    In our society we have leaders and followers. Are we born to one or the other? No! Can you hone your leadership skills? Absolutely!

    The leaders that I admire seem to have all of these in place:

    a) They think BIG! They don’t put a ceiling in place. Instead, no limit is set as to how big or how much better something can be.

    b) The goals are firmly set in place and the eye does not come off of it.

    c) They make known to all involved the final product that they are all going for, example, if you sell widgets, it takes x number of widgets to be affluent, or you want to win that football game and ultimately the title. Know what you’re going for.

    d) They can get compliance to orders.

    e) When goals are met they set new goals or raise the bar.

    People will follow your lead willingly if you are honest, ethical, if you are consistent and treat them with respect. Rewarding someone when a job is well done is always appreciated. A good leader will also off load someone who consistently hinders the group who is just not a team player.

    You can improve your own self- respect and become an inspiration to others. How great is that!

    Schedule your free discovery call to discuss leadership at lenabenjamin.com/call.

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    (Global multidisciplinary Plc engineering consultancy)

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  • Leadership Learning: The Real Costs Of Not Doing Leadership Training

    1427240658747A report from the Said Business School at Oxford University in the UK found that British businesses and public sector organizations are wasting almost $140 million on executive education programs that are poorly conceived and delivered.

    The study went on to say that 35 percent of HR directors and 21 percent of other executives believed that their current training and development programs were meeting corporate strategic objectives. The bulk of the money was being spent on individually developed courses for senior executives.

    If those businesses want to quit wasting all that money on bad management training, I know where they can get their money’s worth. And it doesn’t have anything to do with having more academics design special courses, events, and outings for senior staff.

    Here’s a novel idea folks. Why not spend your money on leadership training and development down in the trenches, where it will really do some good?

    Most companies don’t do nearly enough of that. In 2003, just 7 percent of training budgets in the US was spent on first line leaders and most of that was for learning administrivia and for prophylactic HR.

    The fact is that front line leaders don’t get much training at all and precious little of it is actually about leadership skills. Maybe that’s because companies think they’re saving money by not investing in front line leader training.

    True, there’s no budget line item absorbing funds that might be spent on the executive dining room, or art for the CEO’s office. But there are what economists call “opportunity costs,” the costs of not training front line leaders.

    There’s the opportunity cost of lost productivity. Good frontline leadership builds both morale and profitability.

    There’s the opportunity cost of lost leadership. Great companies develop most of their own leaders. If you have to go outside for leadership you incur recruitment costs and transition costs.

    Finally, there’s the cost of lawsuits. Good frontline leadership creates organizations where lawsuits are less likely. And, if the company is sued over a supervision issue, the defense will be easier if the leaders have been doing their jobs.

    How about your company? Do you develop your own leaders? Do you help them develop the skills they need to improve morale and productivity and avoid lawsuits? Think about that the next time you consider the training budget.

  • Inspiring People Through Leadership Development

    Leadership development is a process wherein the leadership skills of a person are enhanced through a set of activities. Today, more and more companies make it a point that their employees undergo through leadership development to ensure that they will realize the importance of being a responsible leader.

    Aside from enhancing the leadership skills of people, leadership development also serves as a way for people to reflect on their own sets of values towards work and their co-workers in general. It also paves the way for people to be inspired and motivated at all times despite challenging times and without depending so much on others.

    Experts say that leadership development is a very important factor in a leader’s life because this will help him or she see things in a positive way. This will also enable him or her to overcome challenges by developing an attitude that could withstand trials and failures.

    If a leader is inspired and motivated, he or she is able to develop a good outlook on life and this will pave the way for good leadership. In fact, he or she might even be surprised of the things that were able to accomplish in that span of time.

    Leadership Development through inspiration

    If you are one of those who is conducting leadership development, it would be best to include motivation in your talks and sets of activities. To help leaders who are being hindered by their personal issues, it would be best if you encourage them to:

    – re-assess themselves. Many leaders think that they know themselves already that is why they decline to do self-assessment regularly. Experts say that these people donít realize that the more that they decline doing self-reassessment, the more that they get stuck to their own routine which leaves them lesser room for improvement. During leadership development, make them understand that it is best for them to know themselves very well. If they know themselves well, they will know their weaknesses as well as their strengths. Once they were able to identify all of these, it will be easier for them to set goals for themselves that are within their reach and their capabilities.

    – start with small and simple goals. Tell them to not put too much pressure on themselves. If you are just adjusting in becoming a leader, it will be best if you tell them to start small and simple so they won’t feel defeated when they weren’t able to meet the standards the company has set for them. If they start with small and simple things, they are giving themselves the chance to accomplish bigger things ahead.

    – keep track of their progress. Monitoring how well or bad they are doing will help them maneuver things and find ways that would best work for them. For new leaders, it would be best to advise them to keep track of how they are doing while you are conducting leadership development. If you do this, they will know what the areas that they should improve on are and what are the things that they should continue doing.

  • Get The Best Out Of People Through Leadership Development

     

    leadership_team_leadStudies show that in organizations, a strong sense of leadership is a must for its operations to run smoothly. It is for this reason that many companies now offer leadership development to potential leaders in various business organizations and also for people who would want to discover the inner leaders in them.

    Leadership development pertains to activities that help a person enhance his or her leadership skills. This can either be through formal seminars or in other means such as a team building activity or a retreat. No matter what type of leadership development is preferred the formal or the laid-back setting experts say that there is one surefire way to get the best out of people. This is by helping them discover the power of self-motivation.

    A different leadership development approach

    Leadership is effective when an organization runs orderly and its people are working in a harmonious setting. This type of leadership, say, experts, can be achieved only if the leader is motivated towards one common goal to success.

    Studies show that leadership development that incorporates the concept of self-motivation is far more effective because it helps the person look forward to better things in life. These days, there are less effective leaders because many of them have lost their innate means of motivating themselves. When motivation to accomplish a certain goal has diminished, it would be easier for a leader or a potential leader to just give up and live a remorseful life filled with negative things.

    Today, more and more people who conduct leadership development try to incorporate motivating the participants because this is one of the keys in helping people get rid of negative emotions. When people are cleared from negative vibes, they will be able to think more clearly and would be able to see things in a positive way.

    Helping individuals discover the inner leaders in them

    One of the factors that hinder people to lead better is their personal issues and problems. If you are conducting leadership development, it would be best to address the problems of potential leaders and help them motivate themselves.

    You can tell them to slow down and set their own pace. Although it is sometimes healthy to be competitive in terms of achieving goals, there would always be times when people will get tired of running after so many things because they donít want other people to finish before they do. More often than not, people who compare themselves with others are the ones who are left behind without anything because they spend too much time thinking how they could outlast the other person, thus, neglecting his or her own priorities.

    To help that person motivate him or herself to be a better leader during leadership development, it would be best that they understand the importance of self-motivation so they wonít feel too much pressure. Tell them that this is beneficial for them because they can rest whenever they want to since nobody is breathing down their necks to finish something.

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I’m Lena Benjamin—global growth strategist and author of NIFTY, expanding into sustainable fashion and film. With 25+ years of experience in over 30 cities, I advise on UK buy-refurb-sell property ventures and have worked with startups, corporates, and SMEs. From Amazon interest to FT recognition—let’s unlock your next move.

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