October 12th, 2008

Combat Economic Sluggishness with Adaptive Innovation

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Increasingly, I find myself working on various speaking, training and consulting engagements in Canada. During a recent dialogue with some colleagues and clients there, I asked about the health of their economy. One of the most interesting responses I heard was, “Unlike in the U.S., our media is not trying to drive us into a recession.”

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October 12th, 2008

Thought Leadership Teleforum, Oct. 30th, 1 PM

Marshall Goldsmith and Patricia Wheeler invite you to a Thought Leader Teleforum
on Thursday October 30th at 1 PM Eastern time. 

Please join us in a Thought Leader TeleForum for a discussion focused on “Social Networking and Leadership Strategy- The Bottom Line” featuring David Nour, moderated by Executive Coach Patricia Wheeler.

We’ll talk about tracking the quantifiable value of your most strategic – often your most valuable business relationships?  In a global economy which is becoming increasingly more disconnected, how are you prioritizing which relationships to invest in, for an extraordinary return?  Beyond your hard assets, are you measuring your return on influence?

David Nour is a social networking strategist, a thought leader on the quantifiable value of business relationships and author of the newly released book Relationship Economics.  David is a senior management advisor to Fortune 500 firms and a featured speaker for corporate, association and academic forums, where he shares his knowledge and experience as a catalyst for Relationship Economics - the art and science of business relationships.

During this 60-minute conference call we will be discussing the three points below plus fielding your specific questions:

1. The Quantifiable Value of Your Strategic Relationships

2. Leveraging Your Strategic Relationships to Combat Flight Risk

3. Social Networking Best Practices to Accelerate Adaptive Innovation

There is no charge for this TeleForum, which will be held at 10 AM Pacific/1 PM Eastern time on Thursday October 30th.  Please click here to register.  If this link does not work in your browser, you may cut and paste the following URL:  www.LeadingNews.org/signupgc.htm

To adjust for international time zones, you can visit World Time Converter.

 If you have further questions, please contact Patricia Wheeler at 404 377-9408.

 We look forward to your participation!

 Patricia and Marshall

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October 12th, 2008

Ten Ideas for a Relationship-Centric High Morale

In a relationship-centric culture – one that is unafraid of retribution and unafraid of failing forward, failing fast and failing cheap – and particularly in a sluggish economy, it is critical to keep overall morale high.

But with added pressure to execute, stress to reduce costs, and continued corporate cutbacks in various resources, this is easier said than done. Within the Relationship Economics framework, there are some very specific ideas you can implement.

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June 23rd, 2008

Do you know how to really vacation?

There is no question that many people are very good at staying heads-down and engaged on critical projects, strategic initiatives, and overall tasks at hand. But I can’t help but wonder, how many of this same group really know how to vacation.

Do you really know how to take a break from your company? When was the last time you got lost on purpose? I am not talking about moving your office outdoors, masked as a vacation where you spend most of the time working, but those getaways specially for Baby Boomers that really make you consider a permanent change in lifestyle.

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June 23rd, 2008

Seven Steps to Disciplined Creativity

As mentioned in the upcoming book, Relationship Economics (Wiley, 2008), I heard Bob Danzig, former chairman of the Hearst Newspaper Group, once call an organization’s high performers and high potentials its destiny shapers. Similarly, creative ideas within any organization become company, if not industry shapers, pursued at multiple levels within an organization.

As part of my due diligence for a keynote address to the Association for Financial Technology (AFT) executives, I quickly confirmed a fundamental belief that small companies have significant advantages over large corporations when it comes to innovation. Often, industry giants acquire more nimble entrepreneurial firms and unintentionally drive them away, only to have to buy them again three years down the road.

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June 19th, 2008

Intracompany Relationships

“I’m struggling currently in a work environment that has a lack of strong leadership, direction and employee support.  What advice do you have for me to maintain my enthusiasm and drive under these conditions?”

That was the gist of a nice thank you note after a recent keynote speech to a group of managers, directors and executives.  Here are my three recommendations for Terri:

1. Easy way out – find another job!  In this market where there is a constant battle for finding, developing and retaining top notch talent, if you possess the knowledge, experience, talent, and drive to make things happen, there is no reason to stay in an environment that is not supporting you.  Be gracious and never burn a bridge, but politely draft a game plan to move on.

2. Slightly more difficult – change the organization!  Identify internal sources of influence – managers who do get it and can, although slower than most of us would like, change the culture.  Support their efforts through small, SWAT-team approach create success stories of how strong leadership and direction, along with employee support create results, drive performance and deliver execution.

3. Most difficult – change yourself!  Introspective leadership is by far the most demanding and challenging for all of us.  We can complain about how the organization doesn’t support us and there is a lack of strong leadership – and in many instances, we’d be right.  But you know what; it’s near impossible to boil the ocean!  It is fairly easy to boil a cup of water!  Start with you – your business card says “Director”, which makes me assume some kind of a leadership position.  What are you doing to build a relationship-centric team?  How are you setting the example for strong leadership, direction and support of your subordinates, peers and superiors?  Your enthusiasm and drive has to come from within and depend less on external / environmental influences. 

Option one always works – for about 6 months!  As soon as the honeymoon period is over in the next job, you’ll realize that different organizations often have very similar set of challenges when it comes to building strong business relationships.  When was the last time you heard an organization offer a business relationship building course as part of the new hire training program?

Option two works – only if you can in fact identify a champion with enough reputation capital to make strides toward cultural change.  When you do find that person, become so indispensible in the value-add you create daily that they’ll never want to let you get away – see the article in the June issue of the Relationship Economics newsletter on “The Right Arm.”

Option three will be the most impactful.  Only by continuing to grow personally and professionally you’ll become a better manager, a better leader; a better human being.  Strong intracompany relationship begins with a healthy self – what can you do differently, because only a change in our behavior will have a lasting impact on our business.

One last piece of advice – read Marshall Goldsmith’s best seller – What Got You Here Won’t Get You There!

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