Friday, August 31, 2018

The Management Tip of the Day

August 31, 2018

Lead Confidently When You Aren't Feeling Confident

When faced with a tough challenge, it's normal to feel uncertain, and maybe even afraid. But it's hard to inspire your team to rise to the occasion if they sense that you're intimidated. You can project confidence by doing four things. First, demonstrate empathy for your team members. They want to know that you aren't out of touch with what they're feeling. Second, communicate your vision for the team — and that tough challenge. People need to have a clear sense of where they are headed. Third, set a direction for the team. Show them how you'll reach the vision together. Last, give people proof. They need a reason to buy in to what you're telling them, so offer evidence for your direction and optimism. Be specific, be personal, and reference the work that the team is already doing. This will build your team's confidence — and your own.

Adapted from "How to Lead When You're Feeling Afraid," by Peter Bregman


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Thursday, August 30, 2018

Finance and Economy: Landing Amazon HQ2 Isn't the Right Way for a City to Create Jobs. Here's What Works Instead.

August 30, 2018

Landing Amazon HQ2 Isn't the Right Way for a City to Create Jobs. Here's What Works Instead

By Amy Liu

A Blueprint for Digital Companies' Financial Reporting by Vijay Govindarajan, Shivaram Rajgopal, Anup Srivastava

The old way clearly isn't working.

3 Kinds of Jobs That Will Thrive as Automation Advances by John Hagel III

Are you a creator, a composer, or a coach?

Why the U.S. Trade Deficit Can Be a Sign of a Healthy Economy by Roger L. Martin

Plus: bonus historical trivia about Richard Nixon and the gold standard.

What MoviePass Can Teach Us About the Future of Subscription Businesses by Eddie Yoon

The company provides a cautionary tale about understanding pricing and demand.

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