Leadership tips from IMF chief Christine Lagarde | Advice on adapting from NBA executive Ryan Tanke | Why GE went into partnership with Quirky
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July 15, 2014
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Leadership tips from IMF chief Christine Lagarde
Good leadership is about encouraging people to do their best while also bringing them into alignment with collective goals, says Christine Lagarde, managing director of the International Monetary Fund. "People are motivated by the pride they take in the intellectual work they produce, and that's an important driver. A second important driver is the pride they take in serving the public good," she says. The Washington Post (tiered subscription model)/On Leadership blog (7/12)
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Advice on adapting from NBA executive Ryan Tanke
Good leaders know that sometimes you have to change your people, and sometimes you have to change yourself, says Ryan Tanke, chief revenue officer for the NBA's Minnesota Timberwolves. "You have to blend your old-school, proven tactics with a willingness to adapt. You don't want to become a dinosaur," he says. Ryan Estis & Associates/Leadership blog (7/14)
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Strategic Management
Why GE went into partnership with Quirky
General Electric has been teaming up with crowdsourcing company Quirky to help spur new products, writes Henrich Greve. That allows GE to retain its in-house expertise while developing ideas that might not have occurred to its lab technicians. INSEAD/INSEAD Blog (7/14)
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How neuroscience can help improve corporate culture
Breakthroughs in neuroscience can help leaders justify changing their organizational culture, write Jesse Newton and Josh Davis. One tactic is "pride building," in which leaders identify influencers and seek their input on improving performance. "If you're trying to instill this kind of organizational change in your company, then you face not just a logistical shift, but a cultural challenge as well," Newton and Davis write. Strategy+Business magazine (free registration) (Autumn 2014)
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Smarter Communication
How to take criticism on the chin
Receiving negative feedback positively and productively is crucial to being a leader, writes Naphtali Hoff. "Try to avoid sounding defensive. Leave your ego to the side and accept warranted concerns as well as viable advice," he advises. SmartBrief/SmartBlog on Leadership (7/14)
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Innovation and Creativity
Steelcase offers a getaway for introverts
Office design company Steelcase is selling "Quiet Spaces" -- enclosed rooms that can be installed in open-plan workplaces to offer employees a space to unwind, rest or simply escape the watchful gazes of co-workers. "Privacy has been the No. 1 issue for the past five years," says Chris Congdon, Steelcase's research communications chief. "It's the biggest gap between what workers have and what they want." Bloomberg Businessweek (7/10)
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The future of innovation is in your pocket
Innovators aren't running out of opportunities, says analyst Horace Dediu. The next wave of innovation will feature software-bolstered versions of conventional technologies, perhaps controlled by our smartphones. "There's tons of opportunities because you look at all these spaces where -- to put it bluntly -- software has not yet infiltrated," Dediu says. The Washington Post (tiered subscription model)/Innovations blog (7/14), 3 Pillar Global (7/11)
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Want a mentor? Try hiring a millennial
Millennials can be inspirational for the people who are managing them, writes Dana Theus. Young people are vision-driven, highly organized and believe in themselves -- all things that older leaders can learn from. SmartBrief/SmartBlog on Leadership (7/14)
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Daily Diversion
Anti-gambling ad predicted World Cup result
A recent anti-gambling ad in Singapore showed a small boy lamenting his father's decision to bet all the family's money on Germany winning the World Cup. The German victory has sparked concerns that the ad could actually encourage gambling. Reuters (7/14)
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SmartQuote
No person was ever honored for what he received. Honor has been the reward for what he gave."
-- Calvin Coolidge,
30th U.S. president
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