How Stephen Elop got Nokia's Workers Talking

Article Summary
Finns are notoriously taciturn, so when Microsoft executive Stephen Elop went to Helsinki to take over as Nokia’s CEO, he made a point of telling his team that long silences were no longer acceptable. To turn the struggling phone-maker around, Elop bombarded workers with e-mails demanding feedback and advice, and held soul-baring meetings at which managers were expected to speak up about their divisions’ strengths and weaknesses. “I’ve heard my colleagues speak more in the last four months than in the last 10 years,” says Mary McDowell, a senior executive. (summary & title from SmartBrief)

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Source: Bloomburg BusinessWeek

Has Success Eluded You Because You Eluded Failure?

Article Summary
Failure. Defeat. Collapse. Downfall. Rout. Wreck. Washout. And those are just the polite words.

Why are we so hard on ourselves when we fail? I find myself thinking back to classes that I took in college. The hard classes — the ones I had to struggle with — were always the ones that taught me something. The easy classes, the ones where I made effortless As, were nice, but they didn’t teach me a single thing. Yes, it’s a cliché to say that we must learn from our failures. Worse than that, it sounds like a consolation prize. That’s too bad, though, because the lessons we learn from failure are not consolation prizes — they are gold.

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Source: Great Leadership

Secrets Of High Potential Employee Development

Article Summary
If you’re lucky, you probably have a few crackerjack employees who go above and beyond. Maybe you can even see them taking over the business one day. But your satisfaction is clouded by worry. You may find yourself wondering…are they being challenged? What if they leave for a better offer? Do they know how much they’re valued? This is where high potential employee development comes in.

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Source: American Express

RBC Bank: Baby Boomers Taking The Plunge Into Succession Planning

Article Summary
The Baby Boomers, born from 1946-1964, have always made an unmistakable mark on our society. In 2011, the first Boomers turned 65, and officially became eligible for Social Security. There are a lot of Boomers coming right behind this first wave, as roughly 76 million kids were born in the United States during those post-WWII years and into the early 60s. That means a lot of Boomers are about to make a big splash in the business succession pool.

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Source: RBC Bank

Dick Parsons on Boards and Risk

Interview Summary
Dick Parsons, of Citigroup, and director on Citigroup’s board since 1996, reflects on board composition, the role of the board in addressing issues such as risk oversight, heightened regulatory requirements, the rise of shareholder activism, and the ultimate board responsibility – CEO succession.

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Source: Russell Reynolds Associates

Productivity Management and Leadership Development Improve Departmental Performance

Case Study Summary
A neonatal intensive care unit (NICU) at a 450-bed not-for-profit hospital in the south was struggling when its vice president of critical care services called on B. E. Smith for assistance. A departmental leadership gap had resulted in fragmented processes, misallocation of resources and a lack of professional accountability. With no succession plan in place for a NICU director, the department needed to chart a course for its future.

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Source: BE Smith

10 questions to Ask When Seeking Your Next Leadership Opportunity

Article Summary
Are you contemplating a career move? As an executive in a field as challenging and competitive as healthcare, finding the right fit is crucial to your long-term leadership success. Asking yourself these 10 questions will ensure you’re positioned to find that ideal match.

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Source: BE Smith

The Keys to Authentic and Effective Leadership

Article Summary
Effective leaders require both technical and people skills. Sad to say, the bulk of their training has been to ensure technical success instead of honing their people skills, which will in fact ultimately determine their success. There are many reasons for this asymmetrical development that are beyond the scope of this review. But consider the irony that the number one responsibility of leaders is to develop leaders. Research shows that the way leaders treat their subordinates is the number one reason this valuable talent leave the organization.

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Source: Great Leadership

Leadership Development

Article Summary
As it becomes increasingly complex to do business, organizations are undergoing rapid change; first-rate leadership development has therefore become a necessity. Capable, confident, and agile leaders are able to create a high-performance environment and ignite employee engagement. This kind of leadership permeates an organization with a winning spirit and leads to improved profitability.

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Source: Business Performance Improvement Resource (BPIR)

Leadership Caffeine: Coping with Workplace Critics

Article Summary
If you’ve ever found yourself suddenly under fire from one or more sources for an idea or program, you recognize how annoying and potentially destructive the criticism can be. And I’m not talking about someone offering a good, objective alternative viewpoint, I’m talking about the global criticism of your initiative and attempts to discredit you in the process.

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Source: Management Excellence