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The ROLE of Emotional Intelligence in Effective Leadership Today

The Center For Leadership Studies

Zig Ziglar is known for saying, “You must manage yourself before you can lead someone else.” At every level of the organization, EI’s pivotal role is to help the leader: Manage self. At every level of the organization, EI’s pivotal role is to help the leader: Manage self. Manage others. Manage work. MANAGE SELF.

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How Mature is Your Risk Management?

Harvard Business Review

For years, companies have been pouring money into people, processes, and technology that can help them manage risk. They clearly generate higher growth in revenue, EBITDA, and EBITDA/EV. Managers could keep the organization within acceptable tolerance ranges, driving performance to plan.

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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business Review

But having a grasp of terms like EBITDA and net present value are important no matter where you sit on the org chart. If your company offers internal finance training, take advantage of it. Identify a trustworthy operations or financial manager who can help answer your questions and serve as a sounding board. ” scenarios.

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Don't Anesthetize Your Colleagues with Bad Writing

Harvard Business Review

But if you also throw in acronyms such as ABC ("activity-based costing"), EBITDA ("earnings before interest, tax, depreciation, and amortization"), and VBM ("value-based management"), only the accountants in your audience will follow you — you'll lose everyone else. Small wonder, too. Never put your own readers through that.

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The INs and OUTs of Business Literacy

HR Digest

Without an understanding of basic financial concepts, executives are not well-equipped to make decisions related to financial management. managers are uninformed about the basics of financial literacy to face the challenges of the future. Why is financial literacy at all levels of management a basic need?

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Don’t Turn Your Sales Team Loose Without a Strategy

Harvard Business Review

This is ineffective deal management, and it eventually leads to loss of positioning with customers, and, over time, the nurturing of “commodity competencies.” At that point, Alphatech’s management reassessed its strategy and sales approach. Management first evaluated who were, and who were not, good customers.

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Shape Strategy With Simple Rules, Not Complex Frameworks

Harvard Business Review

Managers in these organizations translate corporate objectives into a few straightforward guidelines that help employees make on-the-spot decisions and adapt to constantly shifting environments, while keeping the big picture in mind. Its new management team took over an organization that was bureaucratic, overstaffed, and bleeding cash.