Twenty-first Century corporate governance is a busy job.
Acting on behalf of shareholders, boards of directors are paying attention to an escalating list of risks and rewards from a company’s undertakings. Like many activities within any organization, “the squeaky wheels get the grease.”
Other than in desperate situations such as “turnarounds,” culture seldom ranks as a pressing matter in the boardroom. That’s a big mistake.
During my tenure as a CEO, my Board of Directors never posed questions pertaining to corporate culture. I wasn’t surprised in the least. Jacobs Suchard Directors expected me to run their North American operation as an entrepreneurial enterprise, and as long as the returns were favorable, they assumed I was doing just that. Read more…
The New England Patriots defeated the Indianapolis Colts in the AFC Championship game last weekend, earning them a trip to the Super Bowl this Sunday against the Seattle Seahawks.
Super Bowl XLIX (that’s 49 for non-Romans) will mark a major milestone in a historic journey by the Patriots team and their head coach, Bill Belichick.
Belichick stands to become the first head coach ever to appear in six (6) Super Bowls, and with a victory over Seattle, can become the only coach to ever win four (4) of them.
In addition, New England Quarterback Tom Brady will be making his record-breaking sixth start in a Super Bowl, and if he wins, he will join the elite ranks of NFL legends Terry Bradshaw and Joe Montana with four victories in pro football’s biggest game. Read more…
I spend a lot of time talking about what makes HR professionals fail, but I have strong opinions on the key attributes that make human resources leaders successful.
Here are four (4):
1. Great HR leaders are dependable and reliable
Everybody wants innovative and disruptive until you actually give them innovative and disruptive. Then they want steady and trustworthy. Read more…
People are promoted because they’re good at their jobs. Being in a leadership position is a very different job, for which most are not trained.
Why they’re not trained is a bit of a mystery. It’s as though colleges and professional schools don’t expect their graduates to move beyond the entry level.
Interestingly, well-intentioned managers, doing their best to be good organizational leaders, often repeat unhelpful supervisory practices experienced in their early careers, even if they disliked them at the time. Read more…
“My name is xxxxx — where are u headed?”
I replied that I was heading to Dubai and the conversation started (which was eased by the champagne served in business class).
My seatmate was from Russia. As the conversation continued, our other seat mate chimed in, she was from India. The couple sitting across from us was from Cape Town, South Africa. As I looked around the plane, it seems that we had a mini-UN of travel aboard. Read more…
Editor’s Note: Readers frequently ask about past TLNT articles, so every Friday, we republish a Classic TLNT post.
Are you a good boss, or a bad boss?
Sounds a little bit like The Wizard of Oz, we know. Similar to that classic story, what type of boss you are can determine if your people respond to you more like Munchkins or Flying Monkeys.
While we were writing this blog with our marketing partner, Preactive Marketing, we found something interesting while we researched this topic, and it made us raise an eyebrow. “How to be a boss” generates roughly 20 million monthly global hits, yet “How to be a good boss” generates only 33,000 monthly global hits. Read more…
While talent is valued, the Human Resources function is depreciated. Doesn’t that say something?
At the same time that society defends the right of individuals to display valuable aspects of their work history, the Human Resources profession seems to earn insults.
Maybe we deserve it, when you see companies restricting their employee’s right to brag about their service at a major firm. The employment contract imposed by HR in the referenced court case (Robert Half International v. Ainsworth) failed to pass muster in California, of course, where they have some of the most worker-friendly laws anywhere. Read more…
I believe that telling lies can render a person insane. Seriously.
When a person makes a habit of lying, they eventually begin believing their own lies, and then they become a little crazy, unable to distinguish fiction from reality.
And so it goes with HR folks who insist on perpetuating the lie that money doesn’t matter. Read more…
Great managers can help companies achieve around 150 percent higher earnings per share than their competition, and double the employee engagement levels.
On the other hand, bad managers cost businesses billions, increase turnover, and bring entire companies down, yet at least 44 percent of Americans have worked for one, and Gallup recently found that 82 percent of the time companies don’t choose managers with the right talents and skills for the job.
We all have an idea of the basic qualities that make a manager “great,” so why can’t we get it right? Read more…
I was delighted to recently attend an event at Chief Executive Group honoring our long-time client and my personal friend, L Brands CEO Leslie Wexner, with a lifetime achievement award.
There are many company and CEO awards, and Les has been the recipient of many, but this one stood out for me as deeply significant and highly deserving.
The day after this event, I was struck by the comment by Jim Cramer that Les is “Dean of Everything in retailing,” and the notion that he is certainly a leader with much to teach the world. Read more…