Grassroots Leadership through Social Power

Coaching Tip

The institutions of modern developed societies, whether governments or companies, are not prepared for this social power. And pragmatically, social power can help keep your company and community vital. . It's not about the top executive dictating what needs to be done and when, it's about providing individuals with the power to connect.". A Brewing Situation for Grassroots Leadership through Social Power.

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Leading Virtual Teams: 12 Powerful Ways to Lead a Team You Can’t See

RapidStart Leadership

As a friend of mine in the finance industry pointed out, successful teamwork under these conditions is all about finding creative ways to shrink the distance between you and the team. One of several fun ideas proposed by Lucid involves taking a picture of your shoes. The post Leading Virtual Teams: 12 Powerful Ways to Lead a Team You Can’t See appeared first on. How do you lead a team that’s not there?

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How To Make A Profit As A Small Business

Strategy Driven

Of the many reasons to work through a business plan, the main one is this; when you’re done, you’ll know whether or not your proposed business idea can be turned into a profitable small business. Track Your Finances Regularly.

“Goodbye Mr. Jones”: The End of the Dow as an American Index

Mills Scofield

This is taken from The Intercollegiate Finance Journal (IFJ) is an undergraduate student-run journal about how current finance, economics, business and technology issues affect students'' lives. The Dow has long been considered the showcase of American corporate power and the loss of one of its 30 members to the British would have been a huge blow to America’s corporate hegemony. Is the concept of national corporations and financial indices outdated? Perhaps!

Can You Really Power an Organization with Love?

Harvard Business

For centuries, outside the business context, we have heard about the power and virtue of love. What is more, love doesn’t replace the functional elements of strategy, finance, sales, product development and HR. Rather we propose it as the idealized operating system of an organization – let’s call it LoveOS. LoveOS supports the “apps” of strategy, finance, etc. Vincent Tsui for HBR.

Why HR Gets a Bad Name

Let's Grow Leaders

I spent the next decade keeping my HR and Finance partners as close as possible. And even letting one or two mediocre players hang on diminishes credibility for an organization proposing candidates or offering advice on performance management. Power trips. I’ve been noticing a pattern with some of my clients when I utter the word “HR”–the proverbial eye roll. “What does HR say?” ” Queue the eye roll.

Put Time on Your Team

Strategy Driven

The commitment of finances, organizational energy, and resources – human and otherwise – can be daunting. You will be facing a buyer network likely consisting of representatives from purchasing, finance, legal, and other corporate functions relevant to the organization’s specific needs. You must also understand what the real power of the legal and contracts team has in the process. The sales cycles can be long and drawn out when selling to large enterprise organizations.

Recommended Resource – Advocacy

Strategy Driven

Rather, reputation, relationships, timing, and persuasive messaging is needed to garner the attention and buy-in necessary to gain action on one’s proposals. These immediately implementable actions are supported by highly illustrative examples and tools/templates – everything needed to create and execute a plan to get action on one’s next proposal. Recommended Resource – Finance Without Fear. Advocacy : Championing Ideas and Influencing Others.

Google's Stock-split Plan Would Replace Stewardship with Dictatorship

Harvard Business Review

In West European countries where multiple-share classes are permitted, some governments have sought to reduce the "power distance" created by differential voting rights. Moreover, isn't Google's proposal analogous to the current discussions in the U.K. to give long-term shareholders greater voting power? to encourage investor "stewardship" differ from Google's proposal in two critical respects. Second, the proposals under consideration in the U.K.

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N2Growth Blog

Rankings, Lists and Recognitions The Power 150 – Top Marketing Blogs This list ranks the top 150 marketing blogs based on an algorithmic approach using Google page rank, Technorati rankings, Bloglines ranking and editorial quality. A virtual platform offering a network of services and proposes to bring contractors, property owners, finance, insurance, real estate and other pertinent services together.

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Who’s Better at Strategy: CFOs or CSOs?

Harvard Business Review

First, the finance chief is often first among equals on the board of directors and can help engage the board more productively on strategy. Working together, finance and strategy executives can forge better links between resource allocation and strategic goals. ensuring that strategy, budgeting, and capital allocation are fully integrated — a view you can only get if finance and strategy executives collaborate. Strategy Finance & Accounting Article


Understanding Financial Leverage

Harvard Business Review

"Leverage" is one of the more interesting and difficult concepts to fully grasp in all of finance, but it's important for anyone that borrows or plans to borrow money to understand. The first suggests strength: "power, effectiveness." Combining the two suggests that the party which borrows has the leverage — they have the power and advantage over others. However, there are two conditions necessary for financial leverage to actually become power. Finance

The Libor Scandal and the Price of Prosperity

Harvard Business Review

It's not even about power and privilege, corruption and compromise. Now, let me couch this for you in the human terms of political economy — the terms in which you and I should rightly conceive of an "economy" as the sum of the enduring human good; not merely as a set of pipes for the grease of finance to be injected into. For example, I've proposed redesigning the economy around the idea of a national balance sheet, which redefines profit and wealth to matter in human terms.

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Crowdfunding’s Big-Bang Moment

Harvard Business Review

But those impressive numbers may be eclipsed by a revolution in venture financing that is only being held back by final government approval: start-ups raising actual investment funds from individuals in exchange for equity or a share of profits. Securities and Exchange Commission took a major step toward allowing crowdfunded equity financing. In a 600-page proposed rulemaking , the SEC moved to implement key provisions of the 2012 Jumpstart our Business Startups Act (or JOBS Act).

How To Find “Hidden” Federal Contracts: Network :: Women on Business

Women on Business

In addition, when your bid is the first time a government agency learns of your company, you can be sure your proposal is heading for the bottom of the pile.

Why Labor Protests in France Won’t Stop Macron’s Reforms

Harvard Business

The protests have already cost the CEO of Air France his job : He stepped down after workers rejected his proposal of a 7% wage increase over four years (unions want a 6% immediate increase). This is not particularly surprising for a country known for powerful unions and a strong attachment to social rights. In 1995 a train strike paralyzed France and forced the government to back down from its proposed reform of the railway sector. ETIENNE LAURENT/Getty Images.

The (Many) Things Macroeconomists Don't Know

Harvard Business Review

But it was very interesting hearing them from someone who until recently was one of the most powerful economic policymakers on the planet — and one who has been criticized mainly (at least among English-speakers; the Germans have their own unique view ) for being too conservative , and too unwilling to jettison faulty models of how the world works. Economy Finance Recession

Idle Funds are the Devil's Playground

Harvard Business Review

Soros, while denying taking a position in the ringgit, stated that Mahathir's proposed trading ban was "unworthy of serious discussion.". For this he was sharply criticized by the IMF, whose proposal was to restore investor confidence in the ringgit by letting the currency fall and maintaining high in-country interest rates, both disastrous for the Malaysian on the street, whatever the boost to investor confidence. Finance Global business Venture capital

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Could the Middle East Fuel the Solar Industry?

Harvard Business Review

On display were wind turbines, systems to control homes and electric grids as one integrated entity, equipment to clean solar panels, and the like, in a space as large as a dozen football fields, lit by powerful LED chandeliers fifty feet above. I was there on behalf of Ernst & Young's Cleantech Center to lead a conversation about how a solar power industry could take shape in the Middle East. Few in this discussion saw much opportunity in solar power's engineered equipment.

The Importance of Testing in an E-marketing Campaign

Women on Business

Send the email you’re using now (this is your control, or “A”)) to 500 names, and send your proposed new email (“B”) to the other 500.

Is Economics Ready for a New Model?

Harvard Business Review

Summers, meanwhile, is the second most powerful economic official in the U.S. And economists are dubious of his proposals for massive agent-based computer models of the economy. Disruptive innovation Economy FinanceEconomic theories based on rational behavior have been called into doubt by recent events. A few maverick scholars "are stepping up the hunt for new models that could more accurately describe the real world."

What All Great Leaders Have In Common | N2Growth Blog

N2Growth Blog

In today’s post I’ll share my thoughts on the value of reading… If the statistics in the opening paragraph didn’t convince you of the power of reading, here are a few more telling observations for your consideration – according to our surveys at N2growth, a very large common denominator shared by executives who feel that they are not achieving the level of success they feel capable of, is that many of them are “too busy to keep up with their reading.”

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Rethinking "One Share, One Vote"

Harvard Business Review

Significantly, the Financial Times reported last week that the European Commission was preparing a proposal to give "loyal" shareholders extra voting influence. That respected commentators and policymakers are proposing apportioning voting rights unequally among ordinary shareholders — and high-profile companies have, in practice, been doing it — is remarkable. Boards Finance

Guest Post: Watch Out for Flying Monkeys!

Lead on Purpose

Maintaining a relationship with executive administrators, travel, finance, sales and development can provide valuable information on travel schedules, agendas and the details that will reinforce the emergence of Flying Monkeys. Leaders must be able to communicate their thoughts, ideas, visions and strategies clearly and succinctly, and in such a way that those listening are inspired to want to be part of the plans the leader is proposing.

What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

This small-numbers problem invalidates Adam Smith’s “invisible hand” mechanism in which good performance is supposed to be ensured by large numbers of competitors, none controlling more than a sliver of the market and none, therefore, with the power to jack up prices. In the aftermath of Dick Fuld’s refusal to agree with the terms proposed by the government to help bail it out, his net worth was estimated to have collapsed from close to $1 billion to about $100 million.

What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

This small-numbers problem invalidates Adam Smith’s “invisible hand” mechanism in which good performance is supposed to be ensured by large numbers of competitors, none controlling more than a sliver of the market and none, therefore, with the power to jack up prices. In the aftermath of Dick Fuld’s refusal to agree with the terms proposed by the government to help bail it out, his net worth was estimated to have collapsed from close to $1 billion to about $100 million.

The Battle Jamie Dimon Shouldn't be Fighting

Harvard Business Review

Investors in the bank have proposed splitting Dimon''s job and naming someone else chairman. The bank''s management has been lobbying big shareholders to vote against the proposal (the vote will be tallied at the company''s annual meeting, May 21). Day-in, day-out, the senior managers have far more power than the people they work for. Boards Finance Leadership

Do Commodities Speculators Make Things Cost More?

Harvard Business Review

Agricultural economist Holbrook Working proposed at the time that this presented the opportunity for a natural experiment: if onion prices were more volatile in the absence of futures trading, then the trading probably served a useful economic purpose. The Commodity Futures Trading Commission has started using new powers granted it under the Dodd-Frank Act to go after traders whose behavior it deems abusive. Ethics Finance Global business

Game Changers | N2Growth Blog

N2Growth Blog

Real game changers understand the power of people and relationships, and they embody this in both their construction and implementation. So let me propose the defining game changer which is one all good leaders practice regularly: know what you can do, what you cannot do, and know what you need to focus on to achieve your intended results. I also enjoyed your thoughts on the power of paying attention to the landscape.

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How CMOs Can Get CFOs on Their Side

Harvard Business Review

This lack of an analytical approach has traditionally formed a barrier between marketing and finance. CMOs need to redress that misperception and help CFOs understand how critical the brand is to financial impact by providing estimates of brand worth and investment proposals that build the brand based on hard data. As obvious as it may seem, CMOs should invite finance to participate in marketing’s planning process to build bridges and to benefit from financial expertise.


Throwing Out Insiders Won't Fix Corporate Boards

Harvard Business Review

Jensen and Meckling proposed a model of the firm in which the managers were agents and shareholders the principals on whose behalf the agents were supposed to be acting. On the other hand, maybe that's a good thing: maintaining a balance of power between trading and banking was long a key to Goldman's success. Boards Finance LeadershipEnron had quite an impressive board of directors.

A Shift in Leadership Can Make a Multi-Million Dollar Impact

Strategy Driven

We remained steadfastly committed to having all our staff from custodians, plumbers, and bus drivers to engineers, architects, and finance directors, trained in the culture we wanted to create and the culture we expected each of our people to honor. We also received powerful feedback that customers did not like working with us because of leader and staff attitudes.

Caption Contest 2010.3

Chris Brady

Posted by: Allan Gainer | February 23, 2010 at 01:41 PM Bubba says, "By golly Cletus, it's the making of the next Obamacare health care proposal." Posted by: JustinArndt | February 23, 2010 at 01:45 PM Bubba says, "By golly Cletus, it's the making of the next Obamacare health care proposal."

There's Still Time

Women on Business

If your mind is full of things you keep meaning to get done, your head won’t be in the game Do the hard stuff first: outbound sales calls, proposals, etc.

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Too Many Americans Suffer from Financial Instability. Their Employers Can Help Fix It

Harvard Business

It’s nonsensical to blame people for “poor choices” or a lack of financial literacy when their volatile economic circumstances would challenge the skills of a finance MBA. Building on the model of the proposed federal Schedules That Work Act , some advocates are also proposing that employees with caregiving responsibilities or who are enrolled in education programs be given even more protections. PM Images/Getty Images.

Zero-Based Budgeting Is Not a Wonder Diet for Companies

Harvard Business

ZBB has been around for decades, but is currently enjoying a revival driven by powerful investors like 3G Capital Partners, the force behind the 2015 merger of Kraft Foods and H.J. Simply imposing a cost-reduction target and walking away would accomplish little here, so we engaged finance, logistics and the senior leadership team in pursuit of a creative solution. In another company, commercial discounts was essentially a black box for the finance chief and CEO.

25 Years Ago I Coined the Phrase ?Triple Bottom Line.? Here?s Why It?s Time to Rethink It.

Harvard Business

With this in mind, I’m volunteering to carry out a management concept recall: with 2019 marking the 25th anniversary of the “triple bottom line,” a term I coined in 1994, I propose a strategic recall to do some fine tuning. To this end, if we reverse engineer today’s sustainability agenda, it is clear that a powerful element of its genetic code has been the Triple Bottom Line (variously rendered as TBL or 3PL). David Aubrey/Getty Images.

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Inequality Isn’t Just Due to Market Forces — It’s Caused by Decisions the Boss Makes, Too

Harvard Business

Scholars from a number of fields have offered explanations for this transition, including globalization, technological change, declining unionization, heightened product market competition, and the rise of finance. Additionally, there have been a number of proposals to curb the detrimental impact of short-term decision making on corporate strategy. These changes may provide a powerful incentive for corporate organizations to forge longer-term commitments with their workers.

Want Less-Biased Decisions? Use Algorithms.

Harvard Business

” At the heart of this work is the concern that algorithms are often opaque, biased, and unaccountable tools being wielded in the interests of institutional power. ” Lastly, by looking at historical data on publicly traded companies, a team of finance professors set out to build an algorithm to choose the best board members for a given company. This is not an argument for algorithmic absolutism or blind faith in the power of statistics.

Should Dual-Class Shares Be Banned?

Harvard Business

In our view, while the proposal to ban dual-class shares raises important issues, its implementation would do more harm than good, given the challenges from the digital revolution and the growing imperative for established firms to transform their business models. Companies with dual-class shares have two designations of common stock, typically A shares and B shares, with one class having more powerful voting rights than the other. CAPTION TEXT HERE/Getty Images.

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To Recover from Failure, Try Some Self-Compassion

Harvard Business

It is a powerful resource that helps people stay present and focused on the task at hand. Perhaps Anika in the finance department told you last year that her promotion was denied, and you noticed how angry she was and how she doubted her own worth. If a good friend tells you about an ordeal they’re facing or a mistake they’ve made, how do you typically respond?

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This Program Uses Lean Startup Techniques to Turn Scientists into Entrepreneurs

Harvard Business

He flew to New York to attend the Wearable Tech Expo and asked questions about who bought wearables, how the sales cycle worked, and what technical specifications he would need to achieve with regard to power consumption, accuracy, and robustness. That spring Rithmio won the COZAD New Venture Competition , and on the strength of that was able to secure $650,000 in angel financing. Cat Yu for HBR.

Research: Index Funds Are Fueling Out-of-Whack CEO Pay Packages

Harvard Business

We propose an answer to that question in our new research paper. These days, most firms’ most powerful shareholders tend to benefit more from the performance of the entire industry than the performance of an individual firm. Magnifying their already large individual power, large asset managers also appear to coordinate many corporate governance activities, including those regarding compensation. CEOs get paid handsomely.