Tag: leadership

5 Ways to Inspire Millennials at Work

 

Business leaders, entrepreneurs and other professionals often bemoan the apparent lack of commitment, loyalty and ambition present in Generation Y employees. Those 80s and 90s babies buck workplace convention. They talk back. They want to dress differently, are bored easily and come across as wanting life handed to them on a platter. Why is it that Millennials seem to want to frustrate us by constantly asking ‘Why?’

Isn’t this much the same way each new generation has been perceived by the one before it? How many lectures did you hear during childhood about how much ‘easier’ things are now? Didn’t your grandparents go on similar rants with your parents? Could it be that Millennials are unwittingly challenging us to …

10 Ways to Spot A Weak Finance Executive

My career in finance and accounting began in 1997 when I landed a job as an Audit Associate with Ernst & Young. In the years since, I’ve worked with three of the ‘Big Four’ accounting firms, as well as Financial Controller and CFO in several industries before removing my accounting hat to take on the role of General Manager.

The expectations of the role of the chief accountant, finance manager, financial controller, finance director and chief financial officer have evolved over the years. The accounting profession is no longer the realm of ‘bean counters’ in dark, dingy offices piled high with papers and over-flowing with adding machine tape. Today’s accounting professional is no longer just an administrator or cost cutter, …

11 Tips for Brand New Senior Managers

You’ve finally gotten the promotion you’ve dreamed of. You’re finally in charge. Being the new corporate head, division chief or general manager will be harder than you could have imagined. Here are ten tips to help you negotiate this unknown territory and remain grounded, while achieving the results you can be proud of.

1. Check Your Ego at the Door

You’ve gotten to where you are because you’re a superstar. You are brilliant. You worked harder than your colleagues and got promoted faster, too. Maybe you had passable technical skills, but excellent networking and people skills and brown-nosed your way to the top. None of that will help you now. It’s not about you any more. It’s no longer just …

Considering the Balanced Scorecard Approach

“When you can measure what you are speaking about, and express it in numbers, you know something about it; but when you cannot measure it, when you cannot express it in numbers, your knowledge is of a meager and unsatisfactory kind…” William Thompson

As the leader of a relatively young organizational unit, I am always looking for innovative ways to measure and improve overall performance and achieve strategic goals. A few months ago, I stumbled upon the Balanced Scorecard approach.

The Balanced Scorecard Approach in a Nutshell

The Balanced Scorecard approach was developed around 1990 and a result of the extensive research of Robert Kaplan and David Norton. They developed a methodology of translating organizational strategy into a balanced framework …

Leadership Lessons: Small Things Go A Long Way

Since most of us aren’t independently wealthy, we work in order to pay the bills and make steps toward building a secure financial future. If we are to do truly great work, however, we must feel both inspired and appreciated. That’s the really tough part. As the leader of a company, I spend a great deal of my time remaining committed to the part of my vision that aims to make it a great place to work. Actually, I use the word “love”. I aspire to lead in such a way that employees “love” working there.

I wrote in a previous post that employees want to feel special, to be treated like individuals, respected, and made knowledgeable. The big things, …

Leadership Lessons: Remember Everyone is Important


After a busy spate at work which lasted months, followed by a glorious week off in Toronto, I have finally gotten around to re-starting the next book on my leadership list: ‘Creating Magic: 10 Common Sense Leadership Strategies from a Life at Disney’ by Lee Cockerell. Lee Cockerell managed Walt Disney World resort operations for over ten years. He has won many leadership awards and crafted Disney’s ‘Great Leader Strategies’. “It’s not the magic that makes it work; it’s the way we work that makes it magic.” On a resort the size of San Francisco, with a staff complement of 40,000, Lee achieved one of the lowest turnover rates in the industry and created magic.

I have just finished Chapter …

5 Reasons Why Moving to Yahoo Was the Right Choice for Marissa Mayer

On July 16, 2012, Yahoo announced that Marissa Mayer would take the helm as its new CEO. The news of Marissa’s appointment shook the tech world, raising both eyebrows and hopes.

After finishing high school in the Midwestern town of Wausau, Wisconsin, Marissa headed to Stanford University where she specialized in Artificial Intelligence, and obtained both undergraduate and post-graduate degrees. In 1999, Marissa joined Google as its first female software engineer and quickly began her climb through its ranks. By 2001, she had already been promoted to Product Manager, and was promoted again less than two years later to Director of Consumer Web Services. By late 2005, Marissa was appointed VP, Search Products and User Experience, giving her full responsibility …

14 Leadership Principles from Steve Jobs

© Richard Davies

 

Like hundreds of thousands of Apple fans, I am fascinated by the incendiary brilliance of Steve Jobs and by the revolutionary products he created. I have no fewer than four Steve Jobs biographies in my library. I’ve read the unpleasant stories, and there are many: from Steve’s lack of basic hygiene in his youth, and his initial denial of paternity of his first daughter to the suggestion that he continually duped his long time partner, Steve Wozniak, the real brains behind Apple in its early days, but his luster remains. I am an admitted Steve Jobs junkie. Through his companies, Jobs transformed at least seven industries including animated movies, personal computing and music. I was delighted …

Today I’m Inspired by: Sheryl Sandberg

Sheryl Sandberg in Vogue

Sheryl Sandberg is the Chief Operating Officer at one of the most ubiquitous companies on the planet. Taking home over US$30 million in 2011, Sheryl is the highest paid person at Facebook. Second in command to founder and CEO, Mark Zuckerberg, Sheryl Sandberg developed the plan that took the social networking giant from 70 million users and almost no revenue to a user base of 850 million users and annual revenues of $3.7 billion in less than four years.

There aren’t that many role models for women in business. The self-made legends like Oprah and Martha Stewart stand out precisely because there are so few to name. Sheryl Sandberg first caught my interest when I came …

Nice Smart People Succeed

In January 2012 at the first weekly team meeting, I sat with my management team to outline plans for the new year ahead. Although this date did not coincide with our fiscal year end, the start of the calendar year always naturally brings with it an opportunity for resolutions and for renewal. I asked them to be brutally honest about the ways in which they felt I could improve my leadership skills. The ten-member management team jumped at the opportunity to offer candid, 360-degree feedback. I asked probing questions, took copious notes, and made a valiant effort to keep my pride under complete submission. Most of the team leaders left that meeting feeling refreshed, I left bloodied, bruised and limping.…

The Five Dysfunctions of a Team

Ants do it. Why can’t we?

In theory, we all know the value of teamwork. In childhood, grandma admonished that “many hands make light work”. Henry Ford provided sage advice, saying “if everyone is moving forward together, then success takes care of itself”. We have all seen the glossy motivational posters. So why is it so difficult to build strong and effective teams?

Two years ago, when I became a General Manager for the first time, one of the lessons I knew I had to learn fast was how to get the most out of my new team of managers and supervisors. Having spent almost my entire career in audit, accounting and finance positions, leading a multi-disciplinary team was new …