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Now released! The
American Dream: A Tale of Leadership from the Founding Fathers
Buy it today from iUniverse.com
Advance praise for The American Dream
“The American
Dream is an inspirational story that teaches us the power and the purpose
of great dreams.” —Marcia Wieder,
America’s
Dream Coach, CEO and Founder Dream University®
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Three Ways to Stop Failure Before It Stops You!
Here's a staggering statistic: almost 500,000 people will
step into a leadership role in the next year - and over half of them will
fail.
Recently, I read in FORTUNE
magazine that if a new leader is hired from outside, there is a 40%
chance they will be ousted within 18 months. The cost of that failure is ten times
the leader's base salary, and that only includes the measurable costs.
According to Brad Smith's survey of 54 companies with failed leadership,
when both direct and indirect costs are included, the cost soars to 28 times
the base salary.
It's a wasteful, unnecessary cost
that hurts productivity as well as morale. The good news is it's
preventable. Here are three key ways you can stop these disastrous
results before they even begin to affect you as leader.
- Be coachable. Develop the ability to accept and
implement feedback from bosses, colleagues, customers, and others.
Hire a competent, certified coach to evaluate your skills and coach
you on ways to leverage your strengths. Partner with people whose
strengths complement your weaknesses. For example, if you're not a
detail person but you're great at the big picture, collaborate
closely with someone who loves the detail work. You'll be happier
and more effective, and so will they.
- Hone your emotional intelligence (EQ). Gain the ability to
understand and manage your own emotions and accurately assess the
emotions of others. Leadership IQ, a global leadership training and
research company conducted research with 312 business and healthcare
organizations. Of the over 5200 managers surveyed, coachability and emotional intelligence
alone
accounted for over 49% of the solution to leadership problems. I
coach my clients to get EQ training and have their teams trained,
too.
- Build key relationships. Stybel
Peabody Lincolnshire, a senior-level outplacement services company,
discovered that when relationships are weak, a leader begins to fail
within 15 days of taking their new role. One case study outlined a
company where the senior team sat less than 20 feet from the
employees and yet rarely did they come out of their offices and
interact with their teams. It's not surprising that the company is
failing fast, despite two new senior VPs in the last year. Step out
of your office once in a while and connect with your team.
You may think you have the skills
to be leader, but technical competence accounts for a mere 11%. What was
once touted as "soft skills" is now being recognized as
"critical skills" for successful leadership. You can pay 28
times an executive's salary or hire a coach, assess your EQ, and get to
know the people who work for you. The cost savings is up to you.
For more information about
assessments and coaching, you can contact GinaMaria directly at jerome@leadershipguild.com.
Copyright
© 2009. All Rights Reserved.
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Are you ready to set up and lead the way
in these transformational times? Executive coaching can make you a more
effective leader and communicator. When you experience coaching you:
·
Form strategies unique to you and your goals
·
Identify areas of strengths that you can leverage
·
Determine the changes you'd like to make and how to
make them
·
Create a support system of success
Sign up now for a strategy session and
get a free communication styles
assessment for you and your team. To set a date and time, email me at jerome@leadershipguild.com.
But hurry. I will only offer this for a very short time...
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About The Guild
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The Leadership Guild is committed to helping companies
find solutions that develop strong leaders through communication,
professional development, improved performance, and organizational
management. We offer expert resources, practical techniques, and
easy-to-use tools to launch your organization from where it is to where
you want to it to be. Our business solutions are designed to enhance
communication skills to develop a leadership mindset, outline goals, set
direction, execute plans, and achieve results.
Visit us at www.leadershipguild.com.
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The Leadership
Guild • 904.564.9070 • info@leadershipguild.com
Copyright © 2009
All rights reserved.
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