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July 20, 2012
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Leading Edge 
  • Foster employee loyalty by making work meaningful
    To keep employees loyal and engaged, managers should put them first, helping their staff members upgrade skills and find purpose in work, writes Shawn Murphy. When employees know they are valued and the office is a place of optimism and teamwork, they are more likely to stay. "If your employees believe in you and the meaning of their work, you can reverse the trend of waning employee loyalty," Murphy writes. The Leadership Advisor blog (7/19) LinkedInFacebookTwitterGoogle+Email this Story
  • Listen up: The skill the best leaders must develop
    The most essential skill that leaders need to develop is attentive listening, writes John Keyser. Even if we think we're already good listeners, studies show we forget 75% of what we heard just two days later. "By recognizing the importance of listening, and making a commitment to improving, the quality of your leadership and relationships will definitely improve," Keyser writes. Common Sense Leadership blog (7/16) LinkedInFacebookTwitterGoogle+Email this Story
Strategic Management 
  • Look to past performance when setting goals
    When setting strategic goals for the company or employees, leaders should review what has worked in the past, writes Timothy F. Bednarz. Compare and contrast leadership expectations with operational performance, along with examining what resources and finances are available. "This process is important for leaders to understand if they wish to motivate their subordinates to reach higher levels of achievement," Bednarz writes. Leaders to Leader blog (7/19) LinkedInFacebookTwitterGoogle+Email this Story
Innovation and Creativity 
  • Kickstarter's success may be in changing views of innovation
    Kickstarter may do more than help hopeful entrepreneurs raise money for their products, writes Felix Salmon. It's changing the way people relate to those products, and makes them more willing to shell out money on the "dream" of a product over its actual existence. While Salmon writes that he wouldn't spend $15 on a magazine, he has paid that much to help fund a startup magazine. "[I]t seems to me that one of Kickstarter's greatest successes is the way in which it has managed to change the way we think about cost," Salmon writes. Reuters/Felix Salmon blog (7/19) LinkedInFacebookTwitterGoogle+Email this Story
The Global Perspective 
  • The failure of Libor
    Should the London Interbank Offered Rate, or Libor, be replaced in the wake of Barclays' rigging and years of suspicion over its reliability? A better rate of measure may be government or corporate bond rates that are set by supply and demand. "The fundamental problem is that Libor is a hypothetical rate. ... It is not a transaction rate," said Wharton finance professor Richard J. Herring. Knowledge@Wharton (7/18), The Huffington Post (7/19), Bloomberg Businessweek (7/19) LinkedInFacebookTwitterGoogle+Email this Story
Engage. Innovate. Discuss. 
  • Poor employee performance could reflect poor leadership
    If employees are missing deadlines or not performing well, it could be a sign of a leadership problem, writes Mary Shaefer. Instead of assuming employees don't understand, leaders should check their own assumptions and make sure they have clearly communicated their goals and instructions. "Challenge yourself to take your ability to lead to another level. Find a way to advance understanding and inquire about how things are going to get done," Shaefer writes. SmartBrief/SmartBlog on Leadership (7/19) LinkedInFacebookTwitterGoogle+Email this Story
Daily Diversion 
 
Position TitleCompany NameLocation
Vice President of Enterprise Sales - Integrated Marketing ServicesMerkleNationwide, United States
Office of General Council - Director, IT AuditAARPWashington, DC
Senior Vice President Resort Operations Revel EntertainmentGreater Philadelphia Area, PA
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SmartQuote 
Plans are not a worthless set of documents to be viewed only once or twice a year: they outline significant milestones and detail what the unit needs to do to effectively operate throughout the year."
--Timothy F. Bednarz, author, writing at the Leaders To Leader blog
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