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The percentage of companies confident in their succession strategy is in the single digits...

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Solutions 21 Weekly Insights

If you can only read one thing this week...

Four biases slowing your knowledge transfer efforts

by Albert Ciuksza | Posted on August 17, 2018

The percentage of companies confident in their succession strategy is in the single digits, yet a vast majority of companies aren’t investing – or aren’t investing the right way – in their leadership transition efforts. We have uncovered four biases that make leaders less likely to develop their next leaders in spite of the demographic certainty of the need. Read the rest at the Solutions 21 Blog >

Muscle Memory Challenge

Consider this: how many times a day do you walk into a meeting and the first thing you do is place your cell phone on the table? Whether you admit it or not, having that phone out - even if the screen is down - will take your focus away from the meeting at hand. For this week's MMC, try keeping your phone in your pocket or better yet, at your desk during meetings. Watch your attention to detail increase while you build this muscle memory habit. Give it a try this week and shoot us an email (newsletter@solutions21.com) to let us know about your experience with the MMC. Your stories may be published in next week's newsletter!

Great Reads from Around the Web

  • Making the Jump From Good to Great Leadership Starts With Mastering These 4 Habits
    Inc.
    Why you should read it: Because who doesn't want to go from good to great? "Making the jump from a good leader to a great one begins with a dedication to changing some basic habits." Check your pulse this Monday morning with these four habits that will take your leadership game to the next level. 
     
  • Here's why learning to delegate will make you a better leader
    Business Insider
    Why you should read it: Because "as the speed of business gets faster and faster, leaders are looking for ways to get their staff to take action." Many leaders "resist because of a lack of knowing how to delegate." Check out this delegation hack to get the most out of your staff and increase your organization's bottom line. 
     
  • This Is How Good Leaders Build Trust With Their Teams Every Time They Communicate
    Entrepreneur
    Why you should read it: Because "your relationship with your employees translates to their relationship with your customers,"and "a healthy relationship is not bought, but earned." Keep in mind these "six practical tips to help build and improve your relationship with your employees, teammates and colleagues." 

Quote of the Week

"The most dangerous leadership myth is that leaders are born-that there is a genetic factor to leadership. That's nonsense; in fact, the opposite is true. Leaders are made rather than born." — Warren Bennis

What We are Listening to This Week

  • "Top 5 Cognitive Biases in Decision Making" an episode from Tiny Leaps, Big Changes
    Leaders are faced with high pressure decisions on a daily basis. When making any decision, especially ones of high stress and emotion, our minds revert to cognitive biases. Combating these biases to make more effective decisions requires the understanding of what they are and how they impact our thought process. This episode examines five common cognitive biases and how to avoid falling a victim to the faulty decisions that they produce. 

 

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