12 Core Competencies For Great Leadership

Lead Change Blog

At its root, leadership is a collection of competencies. This list outlines the most central of those competencies. With the right balance of internal and external leadership, you will be truly grounded in the core of leading. Leadership Development clarity Core Comptencies Encouragment Great Leaders Lead from within Leadership motivation Strategy talent Vision

Test Your Core Competencies

CO2

The harm comes from taking resources away from what their customers consider to be core offerings. I also like Hamel and Prahalad three-question test for helping clients determine if one of their capabilities is actually a core competency : Does the capability make a disproportionate contribution to the ultimate customer value, and/or does it allow the company to deliver value to customers in an appreciably more efficient way? by Gary Cohen.

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The Explainer: Core Competence

Harvard Business

What does your company do better than any other firm? Strategy Video

Competencies – are they dead? Or are we ignoring the true 3 core competencies?

Rapid BI

Competencies – are they dead? Are competencies and how HR (and managers/ professional bodies) often relate to them irrelevant in today’s business world? Do we actively ignore true core competencies? I was at a training workshop recently, and the trainer was talking about competencies. He was talking about the fact that the core competencies had changed […]. The post Competencies – are they dead?

6 Core Competencies of Margin Managers

The Kini Group

The post 6 Core Competencies of Margin Managers appeared first on The Kini Group. All margin managers would like to consider themselves in the top 1% of their profession. Unfortunately, reaching that level requires an enthusiasm for emerging responsibilities within the rapidly-changing role. The position is quickly expanding. It requires much more than developing the typical cost-cutting and margin improvement strategies.

Beyond Core Competence

Harvard Business Review

But it got stuck in its core competence of traditional film products and missed the rise of digital photography and printing. Prahalad and Gary Hamel's HBR classic Core Competence of the Corporation made popular the notion that knowing and mastering core business factors can be leveraged across products and markets. Companies that are too obsessed with design competence could suffer, especially in the developing markets.

Reinvention

Coaching Tip

The ability to pivot quickly, profoundly, and effectively might be the most important core competency for individuals and organizations to acquire with hope to prosper in the new economy," says Cragun. Books Business Coaching Current Affairs Failure Leadership Memes Safety & Security Skills Success Tips What is Work life core competency organizations shock waves

Delegation & Supervision: A book review by Bob Morris

First Friday Book Synopsis

Delegation & Supervision Brian Tracy AMACOM (2013) Absolutely essential core competencies for those who aspire to become great supervisors This is the latest volume added to The Brian Tracy Success Library. The others are Motivation and Negotiation, also published by AMACOM. Previously, Tracy has written one or more books on each of these and other […].

Paul Leinwand and Cesare Mainardi on “The Coherence Premium”

First Friday Book Synopsis

Bob''s blog entries “The Core Competence of the Corporation” Booz & Company C.K. Here is an excerpt from an article written by Paul Leinwand and Cesare Mainardi for Harvard Business Review and the HBR Blog Network. To read the complete article, check out the wealth of free resources, and sign up for a subscription to HBR email alerts, please click here. * * * Sustainable, superior returns accrue […].

Peter Skarzynski and David Crosswhite: An interview by Bob Morris, Part One

First Friday Book Synopsis

z SPX Corporation Steve Denning Strategic Innovation: Embedding Innovation as a Core Competency in Your Organization Strategies Tao Te Chin The Ducker Foundation the ideology of comfort and the tyranny of custom The Innovator''s Field Guide: Market Tested Methods and Frameworks to Help You Meet Your Innovation Challenges the Wall-Street Journal Tom Davenport Tom Kinisky U.S. Peter Skarzynski is a founder and Managing Partner of ITC Business Group, LLC.

Blogging on Business Update from Bob Morris (Week of 2/18/13)

First Friday Book Synopsis

I hope that at least a few of these recent posts will be of interest to you: BOOK REVIEWS Success Under Stress: Powerful Tools for Staying Calm, Confident, and Productive When the Pressure’s On Sharon Melnick The Score Takes Care of Itself: My Philosophy of Leadership Bill Walsh with Steve Jamison and Craig Walsh Who [.].

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Do Customers Even Care about Your Core Competence?

Harvard Business Review

Prahalad , the guru of “ core competence ,” doing a strategy audit for a huge Indian conglomerate. It needs to shed a few divisions and find and focus on an integrative core competence. “Actually,” the CEO responded, “we do have a core competence that unites us: we’re very, very good at winning government contracts.” The customer is the ultimate beneficiary of these enhanced core competencies—not the driver or determinant.

Goodbye Change Management Hello Navigating Flux

Rapid BI

In this piece we will look at the The 3 new competencies of success in modern business and society. Business Change ambiguity Change management competency flux navigation minifig new core competenciesCan we really say Goodbye Change Management Hello Navigating Flux? In the last 10 years there has been a lot written and spoken about change and change management. The fact that change is here and here to […].

How P&G Turned Acquisition into a Core Competency

Harvard Business Review

Lafley , former chairman and CEO of Procter & Gamble, led the company to think about fragrances in a new way and grew a successful new product line. He is the coauthor of the HBR Press book Playing to Win. Mergers & Acquisitions Procter & Gamble Product development

Brand Boring

Lead Change Blog

What unfolded during our conversation was a plan whereby their values, credo, code of conduct, and core competencies would converge into a leadership [.]. Posted in Leadership Development A prospective client asked to talk with me recently. (To To protect her identity, we’ll call her Lara.) Lara’s executives wanted to clarify and begin driving a leadership brand throughout the organization.

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Before You Tackle Your Next Upgrade, Make Sure You’ve Got Your Fundamentals In Place

First Friday Book Synopsis

One “synonym” of such basics is “Core Competencies.” From Wikipedia: A core competency is [.]. Starting points; basics; fundamentals… If you don’t start well, you’ll have real trouble ending up well. If you don’t get the basics right, then you’ll have real trouble moving beyond the basics effectively. There is a long, long list of basics. Randy's blog entries

Getting the Attacker’s Advantage

Leading Blog

Rao, who said, “Every bend in the road contains a message about a future growth trajectory that someone could explore and exploit if he or she looked at it through a different lens without being controlled by an existing core competency.” Charan notes that “seizing the attacker’s advantage is not the same thing as seeking new ways to use your core competencies.” Attachment to your core competencies interferes with your ability to see clearly and make the right choices.

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Conflict Without Casualties

Lead Change Blog

Learn how to detect and decode drama in yourself and others, three core competencies for compassionate accountability, and the formula for compassionate conflict. ?. Science tells us that satisfying three basic needs — for choice, connection, and competence — is essential to optimal motivation. When people misuse conflict energy, it becomes drama: they struggle against themselves or each other to feel justified about their negative behavior. The cost is staggering.

From the Rubble of Dreams: Resilience to Be Reborn

Lead Change Blog

Build on your strength and core competencies. I believe, like me, you will be awed by what one woman can do with her core competencies and with creativity, a willingness to ask for help, and endless curiosity about what might be next. At 5:50 AM on Feb 2, 2020, flames leapt from the 26,000 square foot building of a non-profit that provided training and work attire to over 105,000 job seekers in Orange County, CA, in their first 30 years.

LeadershipNow 140: September 2018 Compilation

Leading Blog

Tips to Spotlight Millennial Leadership Talents, Core Competencies & Passions by @DanitaBye. Here are a selection of tweets from September 2018 that you might have missed: Empathy and creative thinking are valuable skills in the workplace, but they’re hard to teach by @Lyndagratton Frustrated or Focused - Leadership Tips for Managing Emotions by @davidmdye. 5 Excellent Ways You Can Crush Negative Thoughts by @LaRaeQuy.

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Simple Steps to Embrace Ambiguity and Lead Significant Change

Lead Change Blog

Yet, embracing ambiguity is a core competency required to enact significant change. “Let’s wait until we know the outcome of the executive meeting in two weeks.”. This is a common and logical statement many leaders make when considering actions and decisions. It can be tempting to push pause on project implementation by falling into the thinking trap of, “This will probably change again tomorrow anyway.” That trap is a common symptom of a larger problem – embracing ambiguity.

How to Find Your Edge

Leading Blog

Creating an edge starts with pinpointing your basic goods and defining your circle of competence, and operating inside that perimeter.” Authentically delighting in situ requires you to be constantly fine-tuning, as well as constantly attuned to how you can shape situations to present the opportunity for your talents and core competencies to become apparent.”. W E’VE HEARD that hard work is the secret to success. But all too often we see that hard work is not enough.

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3 Strategies for Spectacular Leadership

Lead Change Blog

But in reality, there are three core competencies all leaders must have to be spectacular. Leading today isn’t easy. Changes abound. We work virtually. We work globally. Our hierarchies are flatter. Our environments are more collaborative. On top of that, there are so many different models of leadership out there. We need the right balance between authority vs. autonomy, consensus vs. direct decision-making, and friendly vs. firm.

Highlighting Our October Sponsor: Next Element

Lead Change Blog

Here is additional detail about their areas of work: Next Element’s Core Values. While we are excited about Next Element’s products, we also sense a strong alignment with their core values: Compassionate Accountability , including creating environments of safety, curiosity, and consistency. A Community of Support and Development , prioritizing a commitment to whole-person wellness, integrity and competence. The Core Values are Infused Throughout the Core Tools.

The Five Reasons Strategies Fail

Six Disciplines

There is a poor match between the strategy and the core competencies of the organization (16 percent). In a survey of 163 CEOs by Forbes Insights in conjunction with the Association for Strategic Planning and the Council of Public Relations Firms, chief executives report that one-third of corporate strategies fail, and they fail for five reasons. The five reasons why strategies fail are: Unforeseen external circumstances (24 percent).

Why Strategy Withstands the Test of Time

In the CEO Afterlife

Most of these opportunities fall outside of the core competency of the company and/or the positioning of the brand. Business Models Change and So do Core Competencies. Many, like Wal-Mart and Target, sourced the competency from 3 rd parties. Engagement is critical, but not at the expense of sticking to brand/company’s character and core positioning. How often have you heard people say, “Our strategy is to become the biggest and the best?”

World Innovation Forum - Clay Christensen

CEO Blog

One principle he calls scary is: "Focus on your core competency. Not Dell's core competence - so of course. What is not your core competency today can always be yours tomorrow. So I need to think about the future and what my core competency should be Today I am blogging live at World Innovation Forum (#WIF11). I have blogged before at this event. I love the stimulation I get from going to seminars like this.

Competing in the Age of AI

Leading Blog

Marco Iansiti and Karim Lakhani, professors at Harvard Business School, explore these changes in Competing in the Age of AI with examples of businesses in many industries. And thus, how we think about the work we do and how we compete in the marketplace. What is needed to compete in an AI-driven world has less to do with traditional industry specialization and more to do with a universal set of capabilities.”

Stop This Terrible Habit You Don’t Even Know You Have

Let's Grow Leaders

It’s a Winning Well core competency taken to extremes. How do I know you have it? Because I have it too. Most high-performers do. It’s a sneaky little bugger, because on the surface it really feels like you’re doing the right thing. And on most levels you are. But if you go too far, the stress will crush your spirit and undermine your confidence. It’s one more way great managers lose their soul.

What’s Your Leadership AQ?

Lead Change Blog

Companies with a high AQ are able to spot customer pain points and trends, and shift gears to create new opportunities that leverage the company’s core competencies and expertise. Professional Development leadership styles AQ Adaptability business leadership business model leadership competencies leadership qualities

‘You Can’t Handle the Truth!’

Lead Change Blog

It’s clear that truth telling is not a core competency for today’s organizations, based on our research and studies like the Edelman Trust Barometer. Or, can you? The headline is arguably the most memorable line in the 1992 movie, A Few Good Men. The line by Jack Nicholson’s character echoes what we’ve found is a common blind spot among today’s leaders: An openness to hearing the truth.

New eBook: How To Think Like A CEO

leaderCommunicator

Defining the organization’s core competencies. Understanding how others think is critical to influencing them and getting results. It’s the key to persuading people and moving them to action. My new eBook, How To Think Like A CEO , helps you look inside the brain of your CEO. Doing so will help you take stock of your own professional strengths and weaknesses. I’ve been privileged in my career to work with dozens of CEOs.

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The Boss Gives A Leadership Lesson In Self-Awareness

N2Growth Blog

Consider your core competency — what you do for your job. Beyond competency consider how you interact with people. “I wanted to be a voice that reflected experience and the world I live in. So I knew in 1972 that to do this, I would need to write very well and more individually than I had ever written before.”. That is Bruce Springsteen quoted in his autobiography, Born to Run.

Hiring in the World of HyperGrowth

Great Leadership By Dan

From my experience, high growth companies need people who are competent in embracing change, emotional intelligence and continuous learning. Understand the core competencies of the specific position and include these three competencies critical to companies with high growth: emotional intelligence, learning mindset, and embracing change. Guest post from Beth Armknecht Miller: Recently, I was working with an executive who shared a job description for a new IT position.

How To Build Accountability Into Your Organization

Six Disciplines

Understand your company''s core competencies. Many of the top-performing organizations we work with every day - have expressed a real need to build accountability into their organization. Take a quick minute – and consider the following key questions: Does each of your team members understand exactly what they are responsible for? Does your leadership team set consistent expectations for accountability? Do your new team members know exactly what’s expected of them – Day 1?

The Power of Walking-Around Management

First Friday Book Synopsis

“Walking around management” is one of several core competencies that are featured in Tom Peters and Bob Waterman’s business classic, In Search of Excellence: Lessons from America’s Best-Run Companies, published by Harper & Row (1986).

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Kraft-Heinz Merger. Déjà Vu all over Again.

In the CEO Afterlife

” In the interest of shareholder value, Kraft will not abandon its core competency — and that’s no longer food, it’s mergers and acquisitions. * * *. Kraft is a rather interesting case in shareholder value. For years management has failed to generate organic growth. So they’ve chosen the easier growth route of acquisitions, mergers, divestments, and more mergers. And through it all, shareholders have been rewarded with lucrative stock gains.

Avoiding The Big Leadership Mistake (or, You Can Lead a Team To Water But You Can’t Make Them Drink)

Terry Starbucker

When I say hire better , it requires the belief that right hiring decisions go well beyond core competencies, into those personality intangibles. Some days it’s really hard to be an optimist. Especially on that day when the Big Leadership Mistake hits you. Take a look at the illustration on the right ( or below, if you are looking at this on a handheld ).

Team 300

What Kind of Innovator Are You?

Leading Blog

Their core competency is imagination. The Athlete The Athlete competes to develop the best innovation. They are the people who first develop the crucial competencies and capabilities that endure for years or even lifetimes.” I N EVERYTHING WE DO, we bring with it our personal view of the world. That is both our biggest asset and contribution and our biggest obstacle.

Have You Found Your Passion that Pays?

Strategy Driven

To reach your full potential as a leader, you must understand your core competency and that of your firm. Core competency is what you do best and at what you’re most competitive. Your core competency is something you’d do even if you weren’t paid to do it. Knowing your core competency will help simplify your complex world into one basic, organizing idea. What are you deeply passionate about? At what can you be the very best in the world?

Leap: How to Thrive in a World Where Everything Can Be Copied

Leading Blog

Protecting a business begin first by knowing its foundational or core knowledge. In other words, core competencies turned into core rigidities, preventing the firm from responding appropriately to the strategic threat Yamaha posed.”. What is the core knowledge discipline that is most fundamental to your company and how widely available is it?

From Inside-out to Outside-in: the Leadership Mindset in the Age of Climate Emergency

Great Leadership By Dan

It is all about embracing a new mindset, one that starts by looking at the external environmental and societal challenges and then looks for a match internally with existing organizational competencies. Connecting such external challenges with internal core competencies may not be obvious or evident. She co-developed the Competency Assessment for Responsible Leadership (www.CARL2030.org).

Hiring And The Peter Principle: Square Pegs Really Don’t Fit Into Round Holes

Terry Starbucker

Now, 30 years on from that all-important 1 st lesson I have realized something else – right hiring decisions go beyond core competencies. Many (many) years ago at the beginning of my management career, my new boss asked (no, ordered) me to read the book “ The Peter Principle ”, by Laurence J. Peter , and report back to him the next day about what I learned. Aiming to please, I dutifully purchased it that evening and read it into the wee hours.

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