Mike Figliuolo's Blog, page 106

Balancing Risk and Empowerment in Decision Making

Decision making is a trade-off between risk and time. As leaders, we need to create an environment where our people feel free to make decisions but that we don’t let them create too much risk. As leaders, we say we want our people to be empowered and to go out and make decisions. We say […]



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7 Irrefutable Skills That Top Leaders and High Achievers Have Mastered

High achievers and top leaders share many traits like persistence, passion, purpose, principles, persuasion, and performance. Do you possess these qualities too? Today’s post is by Andreas Jones, author of Battle Tested Leadership (CLICK HERE to get your copy). Most leaders and high achievers are where they are today mainly due to the hard work […]



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How rigorous is your approach to pricing your products or services?

Our reader poll today asks: How rigorous is your approach to pricing your products or services? – Very — we’re pretty analytical and rigorous about it: 58% – Somewhat — we do some analysis and occasionally focus on it: 29% – Not very — we infrequently analyze and focus on pricing: 8% – Not at […]



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Protecting Yourself from Fraud and Identity Theft

You’re facing a much larger risk right now than you might be aware of. The odds of having your identity stolen and facing fraud committed in your name is at an all-time high. But you can do something about it if you act quickly If I told you someone was stealing money and harming your […]



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Increase Diversity by Focusing on Talent

In staffing a new facility, by emphasizing talent rather than experience, we eliminated a major barrier to employment and increased our diversity. Can you take the same approach and have the same impact on your organization? Today’s post is by Larry Sternberg, co-author of Managing to Make a Difference (CLICK HERE to get your copy). […]



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What is your preference with respect to leadership training?

Our reader poll today asks: What is your preference with respect to leadership training? – I’d like to attend leadership training in-person: 75% – I’d like to take leadership training by video course: 7% – I’d like to do “on the job” versus formal leadership training: 14% – I’d like to construct self-led leadership training: […]



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Getting Paid to Execute Your Strategy

If incentives aren’t aligned with your strategy, the likelihood of you reaching your objectives is pretty low. Be sure you clearly link your incentive plan to the strategic outcomes you’re trying to achieve. People do what they get paid to do. If incentives aren’t aligned with your goals and strategic outcomes, you’re not going to […]



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Overcoming Strategy Communication Pitfalls

Strategy execution is still a relatively new topic in business and leaders struggle how to do it. They face many execution challenges and the top one is communicating the strategy. If you understand the most common pitfalls in communication, hopefully you can avoid them. Today’s post is by Robin Speculand, author of Excellence in Execution […]



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How empowered do you feel to make decisions affecting your team?

Our reader poll today asks: How empowered do you feel to make decisions affecting your team? – Very — I’m in complete control: 21% – Mostly — I make all but a few key decisions: 39% – Not very — my leaders limit the decisions I can make: 26% – Not at all — I […]



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Leadership Lessons from Tragedies, Near-Misses, Hardships, and Mistakes

Great leaders learn from even the worst situations – perhaps especially the worst. Find out what some great leaders learned from holding a man’s hand as he took his dying breath at work, a falling crate smashing to bits on the factory floor a few feet from visitors, a painstaking walk across the entire country […]



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