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People are always looking to adopt famous leadership styles of various people, hoping to one-day mimic the success of respected business men and women who helped change the world. These people don’t fit the usual mold. They are independent, different, maybe even weird in some cases.
Mark Cuban doesn’t stray from the narrative of ingenious leaders that are, well, not like everyone else.
People outside of Dallas, TX probably know him best by his role as one of the sharks on ABC’s hit showShark Tank. Basketball fans know him as the crazy yet cool owner of the Dallas Mavericks.
There are many benefits to 360 degree feedback. However, a lot of 360 feedback projects can go wrong, which results in poor ROI and can give a bad impression of 360 feedback. It is unfortunate some perceive 360s in a… Continue Reading →
The Booth Company (TBC), a global assessment company with over 4 decades of experience, specializing in 360 degree feedback and survey customization, marks the fifteenth anniversary of trademarking the term “720 Feedback.” The term “720 Feedback” refers to the concept of a pre-post 360 assessment which obtains multi-rater feedback. 720 Feedback® provides a second assessment that allows participants to compare their results over time. The data from the comparison helps the participants visualize their own developmental progress.
For decades now, organizations both large and small have realized the benefits of 360 Feedback. And as talent management initiatives have become more sophisticated and strategic, 360s have remained an integral piece of the leadership development landscape. Companies recognize just how important it is to assess their employees, helping them to identify strengths and weaknesses that they can leverage or mitigate. “Supporting a pre/post, or 720 Feedback®, initiative not only provides valuable insight on goal progression, but also solidifies a company’s commitment toward employee development, which has shown a positive effect on talent retention rates.”, explains Derek Murphy, CEO of The Booth Company,
You know the old saying, “The only thing in life that is certain is death and taxes.” Well there is something else that is certain in life, change. It is inevitable, at some point we all face a change of some kind. This is a good thing. Change means we are learning, growing, and moving forward. Imagine if you never learned anything new or tried different things. You would still be at home, living with your parents, drinking from a bottle. Not a pretty picture. While this example is extreme the point is the same, growth is good. Change in business is also a given. It can include such things as new procedures, policy changes or new management. As a leader, how do you get your team excited about change?
“WE MUST PROTECT THIS HOUSE!” If you remember the commercials in which intimidating athletes stared at you with this declaration, then you remember when Under Armour started to dominate the athletic apparel, equipment and accessories market. Its CEO, Kevin Plank, is a leader that young entrepreneurs can take examples, advice, and leadership style tips from.
Here are a few reasons why Plank is an inspirational leader to learn from.
He Remembers the Past, Looks Clearly to the Future
Plank did not have success out of the gate. Shortly after college, he was at rock bottom and living in his grandmother’s basement. However, he worked hard and persevered, and now uses the methods of his football playing days to build his business for the future.
You don’t have to be a control-freak to have heard some truth in the phrase “if I want it done right, I have to do it myself.” While the base thought may indicate an admirable expectation of excellence, you – no one – can be everywhere and doing everything, either in their business or in their lives. There is no need to be a superhero. Besides, even Batman has Alfred and Robin.
The good thing is, you don’t have to do it all! Delegating to others is not only helpful, it is crucial for success.
Keep in mind, delegating is more than handing out “stuff off your to do list.” People want more than a salary from their jobs, they want satisfaction, opportunity, growth. Effective delegation not only helps you get things done, it also helps provide those who work with and for you opportunities for personal and professional growth, and increased job satisfaction.