Identifying High Potential Employees Hurts Businesses

Identifying High Potential Employees Hurts Businesses

What is deemed a “high-potential employee”? How does classifying your employees into high- or low- potential hurt your organization? Companies use performance appraisal systems for identifying high-potential employees. When an employee is “high potential,” it usually means they have promise for promotion because of their skillset and work ethic. However, “high-potential” people don’t matter in the long run. Here’s why you shouldn’t segregate your employees based on high or low potential.

How to Encourage Team Members to Perform Better

How to Encourage Team Members to Perform Better

Is your team falling behind at work? What can you, as a leader, do to get your team to perform at their best? Your team reflects how good of a leader you are. If your team is lacking in performance or isn’t showing improvement, you need to give them better feedback. According to Buckingham and Goodall, the authors of Nine Lies About Work, most leaders give exclusively corrective feedback, which puts people on the defensive. Instead, leaders should focus on highlighting what people are doing well rather than what they should improve. Here’s how to encourage team members to perform

What Qualities Make a Good Leader?

What Qualities Make a Good Leader?

Do you want your team to follow and respect you? What qualities make a good leader? In their book Nine Lies About Work, Marcus Buckingham and Ashley Goodall explain the traits that leaders should exhibit if they want to build a thriving organization. We’ve combined these traits into three core qualities that embody the freethinking leader, a person who values individuality and questions traditional systems. Keep reading to learn about the key qualities that make a good leader, according to Marcus Buckingham and Ashley Goodall.

What Does a Person Need to Succeed in Life?

What Does a Person Need to Succeed in Life?

What does a person need to succeed in life and in their career? What are easy ways to achieve success without getting distracted or discouraged? In Relentless, Tim Grover says that an urge to succeed is natural, and you should actually strive towards satisfying it. He offers three methods you must work on to ensure your success: make sacrifices, accept discomfort, and ignore judgments. Keep reading to learn what a person needs to succeed in life and become unstoppable in their journey.

Leaders Eat Last by Simon Sinek: Book Overview

Leaders Eat Last by Simon Sinek: Book Overview

What is Simon Sinek’s Leaders Eat Last about? What is the key message to take away from the book? In Leaders Eat Last, author and inspirational speaker Simon Sinek argues that a leader’s primary responsibility is to prioritize her subordinates’ needs above her own. In business, this usually manifests as a manager prioritizing her employees’ personal needs above immediate profit. Ultimately, this helps the company—and its leader—to be more successful. Below is a brief overview of Leaders Eat Last by Simon Sinek.

How a Resonant Leadership Style Promotes Harmony

How a Resonant Leadership Style Promotes Harmony

What is a resonant leadership style? How do resonant leaders affect their teams? Daniel Goleman, a co-author of Primal Leadership, coined the term “resonant leadership.” This means that an emotionally intelligent leader is able to influence their team’s emotions and lead them to success. Here’s how the resonant leadership style works and why team harmony is so important.

Daniel Goleman’s 6 Leadership Styles, Explained

Daniel Goleman’s 6 Leadership Styles, Explained

What are Daniel Goleman’s six leadership styles? How can you use these styles to instill harmony in your team? Daniel Goleman is an author, lecturer, and psychologist who focuses on behavioral science and the brain. In his co-authored book Primal Leadership, Goleman goes over the six leadership styles that can create group harmony. Here’s an overview of each one of the six leadership styles.

Elon Musk’s Attitude: The Importance of a DIY Mentality

Elon Musk

What kind of attitude does Elon Musk have? How do you apply Elon Musk’s attitude to your own work? Elon Musk’s attitude all starts with a do-it-yourself mentality. The ability to take on multiple roles in his companies makes Musk an exceptional CEO, although once in a while it comes back to bite him. Keep reading to discover how Elon Musk’s attitude impacts his work and management style.

The Principles of Management Accounting Are Outdated

The Principles of Management Accounting Are Outdated

What is management accounting? What are the three principles of management accounting? According to Mike Michalowicz, the author of Profit First, traditional management accounting has three basic principles. These principles have been used for years, and Michalowicz believes they are outdated. Here’s an overview of traditional management accounting principles, according to Michalowicz.