Tuesday, August 22, 2017

How to Inspire Those Around You Like the True Leader You Were Meant to Be

Even business professionals with the best of intentions often make the mistake of assuming that solid leadership is about one thing and one thing only: delegating responsibility. You've worked hard your whole life and you've ascended through the ranks - now is the time when people should start listening to what you have to say, right?



Yes, but not in the way you think.



You're the Inspiration



In truth, employees shouldn't be doing what you say just because you're the one saying it. They should be following your guidance because they want to, they're inspired to, and if given the opportunity, they'd be steering that proverbial ship in the same direction that you've chosen. To get there, though, you're going to have to do more than just bark orders. You're going to have to inspire. Here are a few key things to keep in mind when trying to inspire others.



Leaders Who Inspire Support Their Employees in More Ways Than One



One of the most common traits among leaders who inspire their workforce is that they tend to support their employees, both personally and professionally. After all, everyone wants to have meaning in their lives and wants to be encouraged to follow their passions.



To help support this, you need to create an environment where learning is encouraged and where everyone feels like you have your own personal interest in their success. You need to be a leader that fosters development - someone who looks for and utilizes every opportunity for a person to take a positive step forward. Doing this won't just inspire pride in one's work, it'll go a long way towards inspiring loyalty, too.



Inspirational Leaders Set the Tone



Another essential trait that you'll need to focus on to both inspire those around you and to become the true leader you were meant to be is to lead by example. This goes far beyond just "treat others how you want to be treated." You need to show that you're willing to do what you want others to do, too. Never ask someone to do something that you would never be willing to do yourself. Don't be afraid to get in there and get your hands dirty, so to speak. If you want your team to put in long hours and work hard on that next big project, you have to put your money where your mouth is and show that you're ready and willing to do the same.



Inspirational Leaders Value Trust Above All Else



A truly inspirational leader knows that human beings are exactly that - human. The road to success isn't going to be an easy one and if you aren't willing to trust the employees around you, they will soon recede into their comfort zone. They'll quickly start to feel like the risk of stepping outside that box isn't worth it and that the environment they're spending so much time in just doesn't support them in doing so anyway.



By trusting your employees (and being willing to accept that not every challenge is a simple one to overcome), you're creating a situation where people are more willing to take on challenges and risk any failures that come their way. You need to show people that even if something goes wrong, you believe in them and that you have their back. You need to make them believe that even when they have a setback, you'll still be by their side, urging them to move forward. Rest assured, at that point, they will.


Tuesday, August 15, 2017

Wish You Were More Productive? Try These 3 Tips!

Being productive means making room for the things you really want and uncovering new and innovative ways to work smarter, not harder. Thankfully, it's a lot easier than you probably think it is. If you want to become more productive, here are a few key traits you should focus on.



Take Frequent Breaks to Recharge Yourself



Although this may seem a bit on the counterintuitive side, studies have shown that taking frequent breaks throughout the day help to recharge yourself. Our "biological clock" has two basic forms that are dictated by our natural twenty-four (circadian) rhythms and our shorter than a day, but longer than an hour (ultradian) rhythms. Our ultradian rhythms essentially function in 90-minute intervals. This is why it's so easy to go from "firing all cylinders" to "boy I need a nap" and back again throughout the course of your work day.



Remember that managing your time and managing your energy are not mutually exclusive. Taking breaks will help get you over the hump and allow you to come back better and stronger than ever.



The Results Are All That Matters



In a piece originally published by Forbes on how to be a more productive manager, it stated how one of the key traits to focus on is leaning into the results, not the process. One of the reasons why we often feel overwhelmed at work is because we're just not getting the results we're after with a particular task. This causes our productivity (and as a result, our morale) to take a nosedive.



Because of this, it's important to make your number one priority a high-quality, consistent, and reliable output, rather than simply trying to do as many things at the same time as possible.



Discipline, Discipline, Discipline



According to the experts at PsychCentral.com, one of the essential things that you can do to become more productive at work is to maintain a strict sense of self-discipline at all times. Highly productive people aren't just able to eliminate tasks that are ultimately time-wasters - they also have a high degree of personal responsibility and are constantly looking for ways to improve themselves, both of which fall back under the distinct umbrella of discipline.



Hitting goals, meeting deadlines, fulfilling promises - these are the true goals behind that task you're trying to find the time to accomplish. Maintaining focus on these through strict self-discipline is the perfect way to suddenly find more time in each day.



These are just a few of the key traits that you can focus on to instantly become more productive at work. This was the good news - the better news is that gains like these in your professional life will undoubtedly have a ripple effect on your personal life, too. You'll be happier at home, and you'll have more time to spend with your loved ones. It really is a win-win situation.


Friday, August 11, 2017

Your Willingness to Accept Feedback Will Affect All Areas Of Your Business

Many people make the mistake of assuming that feedback automatically equates to complaining. After all, people tend to not speak up about issues unless the topic reaches a boiling point, right? In reality, feedback doesn't have to be like this at all. When given properly, feedback is constructive and can help to both reinforce what you're doing right and pinpoint what you may be doing wrong.



No one is immune from the concept of feedback because no one is perfect. When you learn to accept feedback (regardless of where it is coming from or how positive or negative it may be) it will have a dramatic effect on all areas of your business.



Accepting Feedback Helps Employees Feel Engaged



A willingness to accept feedback has a direct relationship with something all business leaders should be concerned about: employee engagement. Feedback goes beyond open and honest communication and enters into a realm where employees are free to speak their minds when they feel it is necessary to do so.



If employees don't feel like they can come to you with issues they see as essential, it can have a negative effect on your entire business. According to one study conducted by Execu-Search, 42 percent of all employees feel like company leadership does NOT contribute to a positive company culture. This goes a long way towards explaining why, according to a Gallup study, 51 percent of the U.S. workforce is not engaged.



The most alarming statistic of all is that these types of disengaged employees cost businesses between $450 billion and $550 billion annually. As a leader, this is the type of situation that you're creating for yourself by being unwilling to accept feedback from those around you. Even if you don't agree with something that an employee has to say, just the fact that you're willing to listen to them goes a long way towards keeping morale (and company culture) as strong as it can be.



Feedback Acknowledges the Importance of Continued Learning



Feedback is also critical to the modern business for the simple reason that it sets the tone for everything that comes next. It's less about your willingness to listen and more about showing that you're always looking for ways to improve, to do better, to make stronger decisions, and to increase your performance.



Luckily, it isn't hard to accept feedback at all, and you get can plenty of practice because it's around us all the time. Every time you're talking to an employee, or a customer, or a vendor, you're getting feedback. Going out of your way to hear it can help make employees feel more valued, which in turn motivates them to work harder. It can also make your customers feel more valued, which strengthens your long-term relationships.



This type of actionable information is crucial for you to make stronger, more informed decisions in your position moving forward. Going out of your way to get constant, honest, and (yes, sometimes) raw feedback helps make sure that your actions are aligned with the goals of your business.


Tuesday, August 8, 2017

The Rise and Fall of Nate Silver: A Lesson in Risk Communication

Political prognosticator and analytics guru Nate Silver rose to national fame by correctly predicting elections. But in 2016, Silver joined almost every other analyst by projecting a victory for Hillary Clinton over Donald Trump. Was Silver's good luck over?



Cognitive Bias and the "Failure" of Data



Actually, Silver's estimate for the 2016 election was closer to correct than almost anyone else's. He saw Clinton as a heavy favorite, but still gave Donald Trump a roughly one-in-three shot of winning. But the world didn't remember that part of the projection once the election results came in. They just remembered the part Silver got wrong. Nobel Prize winner Daniel Kahneman has an explanation: cognitive bias.



Kahneman studied how people make decisions and judgments, and he quickly discovered that they don't make any sense. People like to think of themselves as logical and rational, but they mostly use logic to justify believing whatever they want to believe anyway. And one thing people absolutely love to believe is that the future is certain. Human minds loathe uncertainty. Uncertainty breeds anxiety and fear--sometimes paralyzing fear. So when given a number like "one in three" or "ninety percent," they subconsciously convert the odds to "yes" or "no."



This cognitive bias is often very useful. You probably never consider the statistical chance that you'll be run over by a bus because if you did, you might never leave the house. It's far easier, and probably mentally healthier, to treat the risk of bus accidents as a 0. But the tendency to round probabilities up or down can be disastrous in the business world.



Communicating Risk



Have you told your boss that there's a 90% chance you'll make the sale? If the deal didn't go through, you were probably in a bit of hot water. Has a supplier ever told you her product's failure rate was less than 1%? You'd probably be pretty mad if your order was a dud. The problem with both of those statements of probability is that they do a poor job of communicating risk. They invite the mind's cognitive bias to take over and convert the estimate into a certainty. When that certainty turns out not to be so certain, it feels like a broken promise.



That's why the world decided Nate Silver was wrong. They had rounded up the probability of a Clinton victory to a guarantee. When Trump won, it felt like Silver had broken his word. His failure wasn't in the data--it was in the way he communicated the risk.



The lesson here is that quoting numbers won't save you. Don't just toss out percentages--put them in context. Visualizations are one useful technique. If a product will fail one time in a hundred, a graphic with 99 white shapes and one black shape gets the message across far more effectively than the numbers. Analogies are also effective. A 90% probability? That's about the same as the chance that an NFL kicker will make a 32-yard field goal. Anchoring the numbers to a familiar context creates a lasting impression. It forces the mind to acknowledge uncertainty.



In business and life, people care about honesty. But if your goal is to be trustworthy, it's not enough to state the facts. You have to make those facts sink into others' minds. When it comes to probabilities and risks, that task is taller than it looks.