Today, we’re on the leading edge of a major change in how companies are managed. Strategic leaders are talking about social hierarchies and social, community-based styles of collaboration and goal-setting. Companies are engaging their internal information markets (private information of their employees) in grassroots versions of management, as opposed to purely executive-driven, inflexible, hierarchical management.
In 1907, an American engineer named Theodore Cooper was leading a project to build the Quebec Bridge. Once complete, it would be one of the largest and longest structures ever built, spanning the St. Lawrence River. It would provide an economic boost to the region, enabling goods to be shipped more easily by rail between the American New England states and the Canadian province of Quebec.
I don’t have to convince you of the power of a creating and maintaining a professional network, do I? Or that networking should be done not only inside your current company but also outside of its walls? Or that networking is often listed as one of the most important unwritten rules of success in business? And that research shows that your next business opportunity (and often, your next job) is more likely to come from a loose connection in your network than from a friend or close colleague?
Leaders have known the value of collaboration for years. They talk about the need for cross-functional teams to solve complex problems and to break down silos across the enterprise. However, many find that this level of collaboration—in which people quickly come together to create an environment of trust and safety, where people can share their different perspectives and create breakthroughs—is not the norm.
How effectively and accurately do you assess talent when you conduct job interviews and when you judge their abilities and make decisions about their careers? I find that two behaviors impede the ability to effectively recruit and hire global talent—interview bias and inaccurate talent assessments.
We are all prisoners of the familiar. Many things—the first iPhone, J.K. Rowling’s wizardly world, Lady Gaga’s sirloin gown—were difficult to envision until we encountered them. So it is with organizations.
One-size-fits-all principles of management don’t work. The strategies that help you excel may not help your colleagues or employees; what works for your boss or your mentor doesn’t always work for you. Personality matters.
When Jack Zenger and I discovered that what makes leaders great is the presence of strengths, not the absence of weaknesses, we shifted our view about how leaders can best improve. And when we teach people about building on strengths, many have an ah-ha experience that reinforces their intuition that our strengths make us successful.
One-third of employers globally are experiencing difficulty finding talent (per ManpowerGroup’s 2013 Talent Shortage survey). This is exacerbated in countries undergoing major demographic shifts—with either a surge in youth or a rapidly aging population.
Some 34 years ago, I last sat in Peter Drucker’s class at then Claremont Graduate School and heard him lecture on management. Living only 30 miles from him in Pasadena, California our relationship continued after I graduated with my PhD. So while my studies are over and Peter has left us, I continue to learn from him as I evaluate his ideas and what they mean for us.