Bain analyst: Manage people like you would money | Focusing on the details can get you ahead | Coach went small to survive
May 26, 2017
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Leading Edge
Bain analyst: Manage people like you would money
Talent's scarcity means companies should manage it like they would finances, writes Eric Garton of Bain & Co. Reliable measurement is key, he says, arguing that "[f]or human capital, we need to start thinking about the opportunity cost of a lost hour."
Harvard Business Review online (tiered subscription model) (5/24) 
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Focusing on the details can get you ahead
Everyone talks about the importance of the big picture, but sweating the details might be more advantageous, writes Michael Hyatt. This attitude extends to whom you hire and how you react to those people's successes or failures.
Michael Hyatt (5/24) 
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Strategic Management
Coach went small to survive
Coach went small to survive
Luis (Rabbani And Solimene Photography/Getty Images)
Coach has deliberately shed revenue and stores to improve its business health and to retrain customers to pay full price for its handbags and other products, writes Phil Wahba. Now, CEO Victor Luis is looking toward growth with a tender offer for Kate Spade that could position Coach as a "house of brands," Wahba notes.
Fortune (5/24),  CNBC (5/26) 
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Smarter Communication
Boundaries can help you communicate clearly
Productivity and communication decline when people fail to set boundaries and communicate how other people's actions and behaviors affect them, writes Mary Rezek, who coaches executives and TED speakers. Communicate what is out of bounds and never assume, she writes.
SmartBrief/Leadership (5/25) 
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When it comes to authority, fake it till you make it
How people project themselves can signal authority even when they lack the formal title or position, writes Michelle Smith, who shares advice from Jeffrey Pfeffer. "Because you may not see those you hope to influence every day, make sure you're 'on' whenever you are with them," Smith writes.
ERE Media (5/17) 
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Smarter Living
Get your mind and body right each Friday
Worrying might be healthy
Worrying too much might actually be a sign of good health, and according to recent research, chronic worrying shows us "there’s something we might need to be paying attention to and maybe do something about it," says study co-author Kate Sweeney. Dismissing people's worry, on the other hand, can come across as telling them they're "suffering in the wrong way," Sweeney says.
Quartz (5/22) 
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In Their Own Words
Athleta creates an environment of success through nurturing
Leadership is as much about nurturing as it is about power
Green (Neilson Barnard/Getty Images)
Athleta CEO Nancy Green runs a nearly all-woman team and uses her position to create an environment of female empowerment and acknowledgment. "I can be very demanding and I have extremely high standards, but I understand that people are human," she says.
Fast Company online (5/24) 
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Daily Diversion
Alphabet blocks were inspired by dice
The early inspiration for alphabet blocks was to combine learning with sport so children would be more engaged, writes Ernie Smith.
Tedium (5/16) 
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Editor's Note
SmartBrief will not publish Monday
In observance of Memorial Day in the US, SmartBrief will not publish Monday. Publication will resume Tuesday.
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The real fountain of youth is hidden in the imagination you draw upon to face everyday challenges.
Sophia Loren,
actress
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