The transition from being a manager to becoming business leader, is one that many new business owners will need to make.
Often, the success or failure of your business depends on how well and how quickly you can adapt to this fundamental role change. (more…)
Improving company culture is at the top of the agenda for most modern day businesses, as more employers are coming to appreciate the role it plays in attracting prospective employees.
However it is not as simple as placing a ping-pong table in the staff room; a company culture needs to be fostered over time. To foster a better culture businesses need to take a multifaceted approach that demonstrates genuine commitment to equality, transparency and valuing employees. (more…)
Ask a group business leaders, business owners, and entrepreneurs what their biggest business challenge is, and I’m confident you’d hear the same recurring thought: building their business in a sustainable, predictable, yet profitable way, quickly.
It’s a reality that most businesses never reach their full potential, always yearning for the thing that will catapult them into significance, but never really finding it.
So to help you in your business growth journey, we asked global growth authority, Royston Guest, to share his take on the ABC of business growth;
Most people have some opinions on what makes a good leader. High on the list in one form or another are “resolve” and “vision” – but these are pretty nebulous terms. How are aspiring leaders meant to achieve these qualities?
Neither quality guarantees success, and if a leader suffers setbacks, changes track or fails to provide the leadership they strive to, then that “resolve” and “vision” become harder to maintain. (more…)
We call the best leaders for the 21st Century, Transpersonal Leaders. They lead beyond their ego, are radical, ethical and authentic whilst emotionally aware and caring, yet focused on performance enhancement and sustainability.
There are many differences between being a senior corporate executive of a large company and running your own small business (I know, I have done both) – but leadership is not one of them. (more…)
The US Marines are world-famous for their exacting standards and ruthless efficiency. The conditions they operate under might be very different from those we see in the commercial world, but there are very valuable lessons that businesses can learn from the Marines.
Here, James Bowen and Brian MacNeice, authors of Powerhouse – Insider accounts into the world’s greatest high performance organisations – explain what your business can gain by studying the strategies and tactics of the US Marines. (more…)
Leadership is one of the most written about topics in business. You can be an ‘Authentic Leader’, a ‘Facilitative Leader’ or an ‘Agile Leader’, to select words from just three of the recently published leadership titles.
These words fast risk becoming clichés. Some may have currency, others do not. What is true is that there is no one, indisputable, formula for effective leadership. (more…)
So you’ve decided to take the leap and start your own business. Does this mean that all the leadership stuff you learned about on your mini-MBA gets tossed out the window?
Ah, the joys of throwing away the corporate policies manual, the bliss of not worrying about reporting lines and organizational structures.
Well, yes and no. Leadership structures are there for a reason. They might look like it, but they’re not just there to keep people in jobs. (more…)
Some people say that the ‘ideal leader’ is a myth. They argue that there are leaders that suit some situations but not others.
The notion of ‘good’ leadership is always relative to the need. There is no single ideal leader. Yet there is a common theme to good leadership: access to a particular set of energies and skill-sets.
None of us has all these naturally: becoming a leader means having to grow. But it means growing in a clear direction, acquiring certain qualities that we need but don’t have enough of.
Now more than ever, creative thinking and the ability to come up with innovative solutions to today´s challenges is crucial for business success.
With mindfulness being increasingly used to unlock creativity throughout businesses we’ve asked author Palma Michel, to share practical tips on how you can use mindfulness to improve your business:
Change is happening rapidly in the business world. Artificial Intelligence, Augmented and Virtual Reality, and ever improving technology at almost level are just a few of the new trends that business owners will need to deal with in the next five years.
With these trends being pivotal for businesses of every size, we asked Rohit Talwar and Steve Wells of Fast Future Publishing to highlight the 20 future factors that business owners will need to address as they chart their course to tomorrow;
Part 2 of; The Future of Business – 20 Key Trends leaders should know. (more…)
People learn through observing others – how they act, how they react, how they make others feel. They do it so they can work out how to be successful, or to survive. They do it so they can emulate them, or avoid their mistakes.
When we are leaders, it means they are observing us and making judgments about whether to be like us, or not.
As a business leader, your actions can have a profound effect on your business. Not only does it set the tone for your company culture but it shapes how you and your business are viewed by potential customers and partners.
You therefore need to ask yourself, ‘What can I do to be the kind of person that people want to emulate and do business with?’
Striving to find a meaning in life is the most powerful driving force in humans. Acknowledging this as the key motivator for everyone involved in your business will help you to nurture the best achievements and results.
Neuroscientific research taking place around the world is beginning to piece together connections between the brain and behaviour, especially at work. This research is providing valuable insights into how to be a more effective leader. (more…)
Having set up my company, I won a handful of decent clients and achieved an annual turnover of £500,000. Initially this felt good, but 2-3 years later it no longer did.
As many small businesses can find, it seemed like I was up against a glass ceiling and could not break through. I had problems finding quality staff and just like many entrepreneurs oscillated between feast and famine – masses of work for several months and then a gap with very little.
However, my situation changed when I began to understand the workings of the ego and how I was effectively blocking my own progress.
I learned several techniques for dealing with this and managed to implement them to positive effect. As a result high quality staff started to appear and we achieved year on year growth of +40%. The following is my own definition of the ego, and how to stop it from holding you, and your business, back.
These 7 Guiding Principles to business growth have been developed through my 20 years of experience in working with thousands of organisations. Their purpose is to stimulate your thinking about the critical challenges and opportunities in growing your business and how you can avoid some of the errors that might otherwise stifle your growth potential or, worse, derail your ambitions.
As you read through these Seven Guiding Principles, score the current performance of your business against each on a scale of 1–10. How does your business shape up? (more…)
Business sustainability is a great opportunity for start-ups and small businesses to focus on. Not only is it a way to create long-term, sustainable success, but it’s also a way to attract employees (younger generations expressly value sustainability), investors and business partners.
Let’s briefly look at what business sustainability is and then get into some practical tips for how to make it reality for your business. (more…)
Business owners and leaders looking to get the best out of themselves and their team will frequently spend a lot of time and effort searching for, and trying to improve on their weaknesses.
However, this is a completely counter-productive approach that can lower employee engagement and ultimately damage a business’ chance of success.
Here Jan Mühlfeit, Former Chairman of Microsoft Europe and author of The Positive Leader: How Energy and Happiness Fuel Top-Performing Teams explains why business leaders and owners need to stop focussing on fixing weaknesses; (more…)
As a business owner, you’re also a business leader. And therefore, in order for your start-up to grow and develop beyond a one-man-band, there will come a time when you need to be able to lead other leaders within your business.
To do this successfully, you’ll need to develop a whole new set of skills and ways of operating because leading leaders is not simply a question of knowing what needs to be done and telling others to do it.
Instead, you will have to guide those leaders and inspire them to inspire their teams to deliver the results you need. When you can do that – you are a Super Leader.
To help you become a leader of leaders, in this article, Jean Gamester reveals 3 key steps, you’ll need to take; (more…)
Your ability to be your most effective and successful is fueled by how inclusive you are as a leader in all aspects of your business – your supply chain, your workforce and how you take your products and services to market.
It’s likely that you have based your success to date on your intuitive grasp of key business issues, but if you rely on intuition alone, you could reach a plateau that will stunt your progress, and may well limit the level of creative and innovative thinking around you.
This isn’t a great recipe for sustainable business success, so here’s how you can avoid this stagnation and drive your business forward. (more…)
So you’re in charge: perhaps you started the company, maybe you’ve taken it over, or you were handed the top job and told to run the show. What next?
Every company is different. But while scale of the demands placed on the chief executive of a listed multinational may be different to those a small business owner faces, many of the major challenges business leaders face are similar.
After discussing such challenges with a wide range of entrepreneurs, investors, executives and analysts, I suggest they boil down to eight essential “acts” of leadership. (more…)
As a business owner, you will no doubt, face some of the common team challenges experienced by many businesses today. When you do face these problems, you will need to know how to overcome them if you want your team to deliver.
We all know that dysfunctional teams are not successful. They will become de-motivated and in turn deliver poor results.
So, here’s how to take the pain out of meetings, handle tricky conversations and solve those perennial communication problems once and for all. (more…)
Experience tells me that one of the reasons why people start up their own business is to be their “own boss”, and that means they don’t want to be constrained by petty, bureaucratic, small mindedness being meted out every minute of their working lives.
The reality is that we all need rules. In the words of Al Murray (“The Pub Landlord”) “Where would we be without rules? France!”
I am not going to inflict upon you here a doctrine of rule-bound obedience leading to business success, but rather propose a Ten Commandments of Behaviour which are intended as a benchmark against which to measure yourself.
You can use them when you feel that perhaps you’ve ‘missed the mark’ or, better still, use them today, right now, and see how a change in behaviour might benefit your business. So here are the 10 Commandments of Behaviour tablets, delivered to your door; (more…)
If you can create a culture of learning, not blaming, in your business, you are more likely to see your business grow and flourish.
If you allow a blame culture to take hold in a business, staff will tend to hide, or even cover up, any mistakes. This attitude can often compound problems further. On the other hand, a learning culture encourages errors to be highlighted so everybody can learn lessons from them.
To help explain the benefits a learning culture brings to your business, and how you can instil such behaviour in your team, we asked Justin Hughes, author of The Business of Excellence: Building high-performance teams and organisations to share his experiences and to explore a few of the key issues around a learning culture; (more…)
If you were to survey a group of entrepreneurs about why they started their business, I’m sure you would get a huge variety of interesting answers. Of course many of them will have been motivated by money, but I would bet that one of the most popular reasons would be a desire to create something meaningful for themselves.
The prospect of taking control of your own destiny and being your own boss is a powerful motivator. I personally spent years as a Wall Street trader but found that the money I earned and lost just became numbers that had very little meaning to me.
Chasing money felt like an empty pursuit, and deep down I really wanted to start and run my own business, be the boss, and build stuff that I could actually point at. (more…)
In years gone by, equality and diversity haven’t always been at the forefront of business owners’ minds. However, in recent years more and more business leaders are recognising that respecting equality and diversity make good business sense.
So, what makes equality and diversity increasingly vital when you are setting up and running a business? We asked entrepreneur and author, Jackie Arnold to explain; (more…)
Change is inevitable. And with change comes uncertainty. So, how can people in business, particularly those running a start-up or small business, which are often more sensitive to change, ensure they make the best decisions they can when so little is certain?
Here, John Reynard, author of ‘The Spiritual Route to Entrepreneurial Success” highlights 5 things you can do to help you make good decisions, even when there is confusion all around;
How do you describe yourself? Are you an entrepreneur, a technical expert, someone who is good at a specific task or a manager? Or are you a leader?
Whether you describe yourself as a leader or not, the chances are that your business needs you to show leadership at every stage of its development. So how do you successfully lead your business?
Here’s why great leaders do less, and the 6 key steps you need to take to transform yourself into a brilliant business leader; (more…)
As a leader, it’s your job to decide what kind of behaviour you would like in your organisation. But, how do you find your own style as a leader and set the tone for everybody who works with you?
Here, Kate Mercer, author of ‘A Buzz in the Building – how to build and lead a brilliant organisation’, looks at different styles of business leaders and explores the concept of partnership at work as a guiding principle…
As business owners we all make mistakes. It’s part and parcel of being an entrepreneur and taking risks.
Sometimes going wrong it’s part of the learning curve we all need to experience. However, there are some common pitfalls that catch many new business owners time and time again. They trip up the unwary, hold you back and stop your business from fulfilling its potential.
Knowing what these mistakes are will help you spot them before they ensnare you – saving you precious time, effort and money. Here, Shweta Jhajharia reveals the 6 leadership traps you need to avoid if you want your business to flourish.