Saturday 28 February 2015

The Leadership Paradox




Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…

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The Leadership Paradox Peter Drucker, who many consider the...





The Leadership Paradox


Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership.




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The Leadership Paradox




Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…






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The Leadership Paradox Peter Drucker, who many consider the...





The Leadership Paradox


Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership.




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The Leadership Paradox



Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…





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The Leadership Paradox




Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…





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The Leadership Paradox



Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…

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The Leadership Paradox


Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…

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Weight-loss company agrees to pay refund to settle suit over its “Eat All You Want” ad slogan

A Salt Lake City-based company has agreed to pay refunds to consumers who purchased its weight-loss tablets to settle a class-action lawsuit that claimed its advertising slogan, “Eat All You Want & Still Lose Weight,” was deceptive.

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UK General Election 2015 Seats Forecast – Who Will Win?

This analysis continues from Part 1 (UK General Election 2015 – Forecasting Seats for SNP, LIb-Dems, UKIP and Others) that forecast the probable seats for the minor parties. This article (Part 2) concludes by forecasting the probable seats for the Labour and Conservative parties, and which is likely to form the next government. UK Political Party Funding Suggests Another ConLib General Election Outcome 2015 A recently published report by the Electoral Commission details fund raising by all of the major political parties for 2014, and allowing for expectations for a similar trend into the May 2015 general election means that significant differences in the funding of major parties election campaigns could result in a significant impact in this years too close to call probable hung parliament election.

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The Leadership Paradox



Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…

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The Leadership Paradox



Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…

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The Leadership Paradox



Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…

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March 01, 2015 at 12:36AM


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The Leadership Paradox



Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…

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Why Expectations for Future Global Business Activity are Plunging


Enjoy an excerpt from “The State of the Global Markets 2015 Edition,” a comprehensive report by Elliott Wave International Editor’s note: This article is excerpted from “The State of the Global Markets 2015 Edition,” a comprehensive report by Elliott Wave International, the world’s largest independent market-forecasting firm (data through December 2014). You can download the full, 53-page report here — 100% free.

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The Leadership Paradox




Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…



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March 01, 2015 at 01:12AM

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The Leadership Paradox



Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…

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The Leadership Paradox Peter Drucker, who many consider the...





The Leadership Paradox


Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership.




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The Leadership Paradox


Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…

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The Leadership Paradox



Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…

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10 Steps to Fight Inertia

Disruption seems to be proxy for the new normal today in nearly every industry. This is an uncomfortable state of affairs to many of us who are creatures of habit--which is most people, as scientists tell us that we are basically hardwired this way. Psychologists have given it a name: enculturation. Most of us would rather stay in our comfort zones than search for what is new, exciting and, just possibly, better.



What happens, however, when disruption lands on our doorstep, either at home or work? Do we pretend for a while that this disruption will not affect us? If so, this strategy usually only lasts for a short time until we can no longer remain in denial. Then we either wait for the meteor to strike or find a way to innovate and create solutions.



Organizations and entire industries are not so different from us in their response to change. Since many hiring managers hire in their own images, it's no wonder that companies and entire industries eventually find themselves facing a reality existing outside their comfort zones. "Thinking outside the box" workshops either have not been utilized or implemented over the past several decades.



Two options exist for companies and industries that are caught in this inertia trap: either maintain the status quo and hope that no Apple, Google or Facebook comes onto the scene to disrupt it, or fully commit to pursuing innovative, creative ideas that may even disrupt their tried-and-true business model.



It is tough to initiate the second approach, as we as a nation find it much easier to use the left-brain, linear and logical skills of strategic planning as it has been done for the past few decades, than to embrace the right-brain, intuitive "big picture" type of strategic thinking. (The higher up individuals are in the organizational chart, by the way, the more likely they are to opt to maintain the status quo.)



In some organizations today, it is even difficult to call for brainsorming sessions for new ideas and products, as past history from these brainstorming sessions indicates that often they did not produce the promised results. A reluctance to throw out specific ideas in fear of retaliation from senior managers present can hamper the brainstorming process, along with potentially good ideas having been lost in the process because the participants were all talking at the same time.

Once again, it's not easy to discard the complacent, habitualized, conventional thinking process and invent a new approach to brainstorming that will yield better results. I personally know that it can be done, however. I have facilitated sessions with both large and small, Fortune 500 and even global companies, where teams have activated neural pathways in their brains in a new, exciting way.



Scared of leaving your comfort zone?



If so, here are 10 actions you can take to dislodge your organization from its conventional thinking rut.



1. Identify and discuss the key problems your organization faces.



2. Frame these key problems into questions.



3. Send these questions to a disparate group of employees and customers to think about, and record their answers on paper.



4. Invite this group into an Ideation session (an improved version of brainstorming where key issues can be resolved).



5. Enlist the talents of a nonpartial, skilled problem solver to facilitate the process.



6. Make the process fun, collaborative and outside conventional boundaries.



7. Incorporate a strategic democratization by allowing participants to vote for the ideas they find most compelling.



8. Build task forces around these ideas.



9. Start small with pilot projects.



10. Review, ratify and implement the big, transformational insights.




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The Leadership Paradox


Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…

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The Leadership Paradox




Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…



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March 01, 2015 at 12:54AM

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The Leadership Paradox



Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…



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March 01, 2015 at 12:54AM

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The Leadership Paradox




Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…







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March 01, 2015 at 12:36AM



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March 01, 2015 at 12:54AM

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The Leadership Paradox




Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…



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March 01, 2015 at 12:54AM

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The Leadership Paradox


Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and…

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Why a cutback in oil production is sorely needed


How deep is the hole the oil industry is currently stuck inside? To figure that out, you only need to look as far back as last week, which saw another two trainloads full of oil derail and storage numbers that put U.S. crude stocks at record highs

Every new pipeline leak or train derailment puts the environmental risk of moving ever greater amounts of oil into even sharper relief. At the same time, storage tanks that are bursting at the seams say everything you need to know about the troubled economic returns currently plaguing the energy business.


Despite a falling rig count, U.S. oil production is now running at more than 9 million barrels a day, its highest level since the early 1970s. In Canada, where companies are also slashing spending plans, total output this year is still slated to increase by hundreds of thousands of barrels a day.


Not long ago, hearing about those types of production gains would be music to the ears of investors. Today, the tune is decidedly more bearish. Increased crude production from shale plays and Alberta’s oil sands is only compounding the problems of an already glutted world oil market.


By most estimates, producers are pumping around 2 million barrels a day more than is needed to meet global demand. According to a recent analysis by Bloomberg, more oil is now being held in U.S. storage tanks than at any point during the last eighty years. The refusal of high cost marginal suppliers to put the brakes on production growth, let alone actually shut-in any output, suggests that oil prices, already cut in half since last year, could have even further to fall.


The dismal outlook for North American producers is once again being reflected in the price differential between benchmark U.S. crude and world oil prices. The spread between West Texas Intermediate and Brent crude, which was narrowing, is now beginning to open back up. The gap is particularly challenging for Canada’s oil sands producers, who can charge even less for every barrel of hard-to-refine bitumen


The more output that oil sands producers manage to churn out these days, the less their bitumen is worth. It’s clearly not a business model the market finds too attractive. The cool reception to a $1.5 billion share offering just announced by Cenovus is hardly bullish for the prospects of future financings. The way falling commodity prices are putting a hurt on balance sheets that’s grim news for the other companies that will surely need to tap the public markets before this current downturn shows any signs of turning around.


Further production growth also means more hundred-car tanker trains will be rolling through suburban neighbourhoods across the continent. With each one comes a growing risk of derailment, as well as the accompanying explosions like those that happened last week in northern Ontario and West Virginia.


Among the more disturbing aspects of those accidents is the involvement of new-and-improved tanker cars that are scheduled to replace the aging DOT-111 models. While Ottawa has just announced new regulations to make rail operators more accountable for spills by raising minimum insurance levels and requiring the bulking up of a compensation fund, such initiatives still won’t do anything to prevent more derailments from occurring. Indeed, rail shipments of crude, which have already quadrupled in Canada in the last few years, are expected to more than triple to 700,000 barrels a day by the end of 2016.


Instead of loading more surplus oil onto rail cars to be hauled to already over-stuffed storage tanks, both investors and communities across North America would be better off seeing the industry cut back on production. For companies that have already sunk a lot of money into drilling programs, however, cutting production will put their cash flow position into an ugly place. Although they may realize that less production would be good for everyone in the long run, getting out of their own way is proving tough to do. For the industry as a whole that will only serve to draw out the time before prices start to firm up. For the rest of us it means more oil trains will continue to roll through our back yards.


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France and Italy are the Next Causalities of the Credit Bubble


Editor’s note: This article is excerpted from The State of the Global Markets Report — 2015 Edition, a publication of Elliott Wave International, the world’s largest financial forecasting firm. Data is updated to December 2014. You can download the full, 53-page report here.

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The Leadership Paradox



Peter Drucker, who many consider the father of modern management, once said, “We know almost nothing about management, that is why we write so many books on the subject.” The same might be said for leadership. There are more than fifty thousand titles available and hundreds more being published almost every month. Hundreds of millions of dollars are spent annually on countless workshops and courses to train leaders. The question is, with all of these writings, workshops and investments in leadership development why are there apparently so few leaders at the same moment the demand for leadership is increasing?

A cursory review of organizational and management theory and consulting industry offerings over the last 50 years will reveal a series of ideas, models and approaches for attempting to bring about changes in the ways people work: organizational culture, new ways of measuring performance, various systems for controlling people and processes, creating new ‘paradigms’, reducing costs, improving quality, reengineering, coaching and of course leadership. Most recently, the distinction ‘transformational’ leadership has become vogue along with various other ‘transformational’ approaches to change. There is a growing recognition of the need for breakthroughs, new ‘mindsets’ and the ever-popular call to ‘think outside of the box’.


It is easy to become cynical and relegate all of these conversations to being the ‘flavor of the month’ and explain them away as futile attempts to change human behavior or institutional ‘reality’. We might justify them as worth trying even if, in most cases, the investment falls short of the intended outcomes. The Wall Street Journal reported a number of years ago that in spite of billions of dollars invested, an estimated 70% of ‘reengineering’ projects fell short of expectations when implementing new designs, primarily because of ‘human and cultural’ resistance to change and/or a lack of leadership.


I have a radically different view. I believe and can make the case for most of these efforts having succeeded to one degree or another, and even those which failed having contributed to our understanding of what doesn’t work and more importantly beginning to show us the underlying paradigm that inherently blinds us to possibility and often thwarts change. True transformation occurs only when are able to create a new paradigm that includes but is not limited by the old. Doing so begins by calling into question the conventional wisdom we hold about leadership and challenging our existing assumptions about ‘causality’ in general and the source of leadership in particular.


In my experience a large part of the problem is that most of the books and models are attempting to describe or explain leadership and what leaders do after the fact. This would be analogous to attempting to understand coaching by looking at the score board. Very few academics and consultants have focused their inquiry on what was present before history and circumstance acknowledged a leader or created the ‘story’ of how an individual leader achieved success. Even though many leadership models will offer a list of qualities such as courage, charisma or perseverance as keys to being a leader they fail to show pathways for developing those qualities, which leaves the prevailing belief that at the end of the day, leaders are born differently than the rest of us or in one way or another are special or ‘gifted’.


I suggest we need to step back and consider leadership as a phenomenon, and ask what we mean when we use the term. For example, it is almost impossible to imagine a leader as a solitary entity — there are always others to follow. If this is so, then perhaps leadership is more of a social phenomena than the product of an individual’s vision or some set of competencies. Perhaps leadership is a product of relationship and shared commitments and concerns — the group calls forth its leader. Perhaps leadership is inherently paradoxical in that it is inclusive of both the individual and the group or team or community. If this is so, then leadership is a context, a powerful opening for innovation and something new to emerge. From this perspective, leadership isn’t about process, or technique, or some set of skills beyond the capacity to be authentic and committed to a possibility larger than oneself. Leadership from this perspective is about BEING a leader while surrendering to the power and possibility of those we lead.


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