Learning and development

A Key to Optimising Your Human Capital

The perpetual balancing act between selfishness and selflessness, or self-interest and group-interest, is evolutionarily fundamental. So much so that it has been described as “The Paradox of Being Human.” Thus, while I have written about it before, I have not stopped thinking about it and it remains integral to everything I do. Recently, I have been seeking a way to portray it more effectively, and, in the spirit of “a picture being worth a thousand words”, more graphically.

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Strategy and Your People: How to Sustain Success

Striding towards success 14815469_sRecently I came across an article in the July-August 2015 Harvard Business Review entitled, “People before Strategy.” (I am not sure the link will work, but you can try clicking here to read it for yourself.) I was particularly struck by the sub-title, “A New Role for the CHRO”, for my immediate response was “How many organisations have a CHRO?”

I guess to some extent that is the intended response. Certainly the useful summary table provided in the article infers this.

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The Power of Ownership

Ownership 33960354_s“Mine!”  Who hasn’t heard a young child say that? The concept of ownership is one of our most primitive senses.  Indeed, I once read that the difference between North American and South American history, (both colonised around the same time) could be attributed to the encouragement of land ownership stimulating the greater development of the North.    

Be that as it may, you would have some difficulty arguing against the idea that ownership is an integral part of capitalism. The concepts of limited liability and the lasting, legal persona of the corporation would not have been possible, or nearly as successful, without distributed ownership and the amelioration of risk it created. So much so, that you might even argue that ownership is the heart of capitalism. Which is why it is strange that so little has been done to make employees owners. Even stranger – and certainly ironic – is that efforts to encourage this are sometimes seen as socialism!  

In fact, making your employees co-owners of your business has to be the ultimate in capitalism. Why? Because it also gives them a stake in the outcome. This makes it more personal. It gives them the pride of possession. Now, instead of simply being ‘servants of the organisation’ they become ‘partners in our organisation.’

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Talking Heads or Turning Heads?

Of course you are not a talking head. But are you – or any members of your team – in danger of becoming one or being seen as one?

Talking Head 2 123rf.com_45293179_sA talking head is defined as “A person, especially a news reporter, an interviewer, an expert, etc., who appears on television in a close-up, hence essentially as a bodiless head.”  Unless you are a regular on the screen this might not seem to apply to you! Yet, as we all get so busy and obsessed with targets, deadlines and performance measures, heads start ruling hearts and we risk becoming metaphorical talking heads. This is not good.

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How Love at Work Transforms Performance

“Fortune favours the bold.” Or, perhaps Queen Elizabeth I’s legendary rendering of the sentiment as “Faint heart never won fair maiden”, may be more appropriate here. But, whichever statement you prefer, it’s true. After finally unveiling 'Love at Work' after hesitating for several months, I now question why I did. The response has been entirely positive.

That is not to say it has been overwhelming, but perhaps that is hardly surprising, if you fail to see the benefits immediately apparent. So let me take this opportunity to try to explain 'Love at Work' in a way that I hope will get you as excited about it as I am. The diagram should help, even though it does take some explaining.

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Why You Need Love at Work

The idea was novel.  It had promise. It was exciting. Yet part of me still baulked. “People won’t take me seriously.” “I will be ridiculed.” “It is too alien: no businessman would be interested.” Those were just some of the doubts that paralyzed me.

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Good Leadership and Organisational Well-Being

Well-being iStock-511789168Continuing with the last week’s theme and pursuing the subject of leadership and the question of whether or not you are a good leader, another area worth assessing is your organisational well-being. Is this a topic you ever consider and, if so, to what extent? Ideally you will regularly be asking yourself:

  1. What is the state of our organisational well-being?
  2. Am I doing enough or could/should I being doing more to improve it?

Yet you are perhaps unlikely to be doing so. Why? Because there does not even seem to be any generally accepted definition of organisational well-being!

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Pursuing Good Business Leadership

Lie detector 123rf.com_11185398_sImagine, right now, that you are attached to a lie-detector and you are asked, “Are you a good business leader?” How would you answer?   

If you are supremely confident, you might respond quickly, “Of course!” If you are more modest or less confident you might say, “I think so.” Either way, the likelihood is, like most executives and senior leaders, you are accustomed to empirical performance measures and will therefore have a reasonable basis for your answer.  Accustomed to being in control and, perhaps unwilling to come across as unsure, you would be unlikely to stall by asking, “What do you mean by good?”

Yet, ‘good’ is a subjective term, and you would be quite within your rights to seek further clarification, or even to pull out that old consulting chestnut by responding, “It depends.” The fact is, your answer might well depend on who is operating the lie-detector and what lies behind the question or where the emphasis lies. Hopefully, however, the pressure derives from the lie-detector and this is a question you regularly ask yourself anyway. (If it isn’t, you definitely have little right to answer positively. A good leader will always be questioning their performance and looking to do better.)

So let’s move on to take a look at what you are doing to assess your leadership, and perhaps identify pointers for improvement.

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Business Leadership: Modern Day Pioneering

You don’t have to be a leader to be aware of the pace of change and the challenges of competing and surviving in today’s global market. As a leader, however, you certainly face them every working hour; perhaps every waking hour and possibly even in your sleep. But then, no-one ever said survival was easy. On the contrary, you’ve always relished the fact it isn’t, and that is what has driven you.

Stormy seas 123rf.com_60638272_sEven so, there must be times when you feel like an early explorer and question why you ever embarked on your journey. If you do, there is no shame in admitting it. Those intrepid sailors must have had doubts in the face of severe storms miles away from anything familiar. And your situation is not dissimilar. You may not have left the shore, but you are just as much a pioneer, trying to map out routes for others to follow. No-one has ever before had to meet the challenges you do, on the scale you do, or with the consequences you face. Arguably, the risks are no less significant now than they were then.  

If you haven’t ever considered yourself in this light, perhaps now is a good time to do so. And to question how you are performing in the role.

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Put the New into the New Year

Planting 123rf.com_43790027_sWe are now well into the new year. As the days pass and you settle back into your routine, you may find yourself struggling to keep your resolutions. You may even already have broken them. Certainly all the promise of New Year is likely to have lost its lustre.

This a very human phenomenon.  At its core is humankind’s love of all things new. But, by definition, newness doesn’t last long. And, as the newness wears off, so does our interest and enthusiasm. We become bored and blasé. New Year perhaps epitomises this more than anything. But, is it a valid example?  

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