ConceptsNest

***Continued  from Part 01 Link to Part 01 ↘ Innovation: Brains Over Brawn Like any boxing match, the business landscape can be extremely unpredictable, requiring quick and effective reflexes that do not jeopardize the overall game plan. One minute, you are landing clients left and right; the next, you are up against a narrowing profit margin. The best executives are those who can swiftly adapt to harsh or changing conditions and pivot to creative solutions that are perfectly in line with management practices, brand messaging and core customer expectations. Like the most-revered boxers in history, ultimate respect, loyalty, and praise go to those leaders that can dodge and innovate under pressure , without abandoning familiarity or authenticity of style. ↘ Technique trumps brute strength. Boxing is all about technique. After all, they don’t call it the sweet science for nothing. The same is true in leadership. If we only rely on position and power to get things done, our ab

In response to the uncertainties presented by Covid-19, many companies and universities have asked their employees to work remotely. The new policies leave many employees — and their managers — separated from each other for the first time.  Common Behavioural Challenges of Remote Workforces Managers first ought to understand factors that can make remote work especially demanding. Both managers and their employees often express concerns about the lack of face-to-face interaction. Supervisors worry that employees will not work as hard or as efficiently (though research indicates otherwise, at least for some types of jobs).   Many employees, on the other hand, struggle with reduced access to managerial support and communication . Challenges inherent in remote work include: A)      Lack of access to information:   Newly remote workers are often surprised by the added time and effort needed to locate information from colleagues

BEHAVIOURS THAT HELP LEADERS MANAGE A CRISIS The roles and responsibilities of business leaders have dramatically changed in the past few weeks. Before COVID-19, leaders in high-growth companies were focused on fostering innovation, driving revenue, and gaining market share. Today, many of those same leaders must make rapid decisions about controlling costs and maintaining liquidity . They may encounter unforeseen roadblocks — supply chain issues, team shortages, and operational challenges — that drastically alter the scope of their roles and priorities. All the while, they and their teams are navigating health and safety concerns, working remotely, and supporting their families through the pandemic. Those in charge will be tested in areas where they have not fully developed their leadership muscles, and the learning curve will be steep.   To move forward in a crisis, leaders need to cultivate some behaviours in themselves and their teams. They must decide with speed