Posts Tagged ‘Learning’

by Michael Schrage
Source: 
http://blogs.hbr.org/schrage/2012/10/do-your-employees-make-you-a-b.html

Successful leaders and managers alike constantly stress the importance of developing their employees. But do they appropriately recognize the importance of how their employees might develop them? One of the world’s top coaches thinks not.

While chatting about “coachability” with Sir Clive Woodward — who had coached England’s world champion rugby team and served as Director of Elite Performance for the wildly overachieving British Olympic team — he casually observed that, in reality, the best athletes he had invariably improved his abilities as a coach.

“My top performers ended up pushing me harder than I pushed them,” Woodward said, adding that you can’t help but learn from watching top athletes perfecting their craft.

This mutuality of professional development was a theme of his. Back in the late-nineties, Woodward was arguably the first coach of a national squad to give a laptop to every single player, insisting they be as world-class as IT users as they were as athletes. “Simply using it as a tool wasn’t good enough,” he insisted. “We wanted to be the best using IT.” That squad won a world championship.

Needless to say, Woodward learned a great deal observing how his players used their laptops to learn and make themselves more competitive. Those lessons, of course, made him an even better coach.

That truly great players make everyone around them play better is one of sports’ better championship clichés. But arguments that great players actually educate their coaches are considerably rarer. They’re just as rare in the managerial literature. Woodward and I were on a panel for Tech Mahindra’s European customer event in the U.K. In the panel’s aftermath, I messaged a few friends and colleagues. I asked them to name employees — not colleagues or bosses! — who had dramatically improved them as leaders and/or managers. The most common response was that they’d never been asked before. (One colleague who’d helped grow a start-up to a nine-figure sale responded with the name of a particularly gifted software development project leader who blew him away with his standards of excellence and expectations management.)

Clearly, there’s a “turning bugs into features” quality to this question. Often, coaches and managers learn the most from their most difficult, recalcitrant, or challenging charges. Not to diminish the importance of managing “talented temperamentals,” but that explicitly wasn’t Woodward’s focus. He thought it critical for his own professional development to learn from his players. Do most managers and executives similarly believe it critical to learn from their direct reports? The data suggest not.

Not a single member of my network — nor the organizations I’ve worked with — have a performance review question assessing whether — and how well — bosses improve their own performances by learning from their employees. That seems odd. Reverse mentoring by millennials (and talented college students) to help their 40+ elders acquire better Internet and social media expertise has become more common. Certainly, project managers and new product leaders observe best practices worth sharing.

But how well — and how often — do they monitor how their own management style and insight have been improved by their best people and performers? Our human capital and professional development conversations and evaluations should be more symmetrical. Yes, everybody can recall that boss that made a huge difference. But who celebrates the one or two employees that dramatically improved managerial verve and effectiveness?

Which employee had the biggest positive impact on who you are today?

More blog posts by Michael Schrage
Michael Schrage

MICHAEL SCHRAGE

Michael Schrage, a research fellow at MIT Sloan School’s Center for Digital Business, is the author of Serious Play and the new HBR Single Who Do You Want Your Customers to Become?

Source:
http://www.onlinebusinessdegree.org/2012/05/07/the-9-best-business-lessons-from-the-godfather/

Just what kind of business are you in that you want to model your professional actions after the greatest cinematic mob story of all time? Well, no matter. The Godfather is chock full of great advice, and there’s lots to learn from the themes of this classic film. Check out the nine best business lessons that we’ve learned from The Godfather, or you might be (metaphorically) sleeping with the fishes sooner than you thought.

  1. Make Them An Offer They Can’t Refuse

    Obviously. One of the best ways to get what you want in business is to tailor your product to your customer’s needs. And this works for managers, too. If you want to incentivize your employees, there’s often a way that you can make your request primarily beneficial to them and the company both. Barring using horse-headed death threats as a strategy, make sure that when you want a certain result, you make the incentive good enough to warrant it.

  2. Trust No One

    Whether you’re a bona fide wise guy or not, it’s wise to watch who you trust. That’s not to say that you should be suspicious of everyone all the time, it’s that the only person whose decisions and actions that you can safely rely on are your own. Even being in business with people for years doesn’t mean that you can trust them, but you can trust them to be themselves. And whether you’re running the underground or just the office, that’s another key lesson to learn.

  3. Keep Your Friends Close and Your Enemies Closer

    Well, maybe not your enemies. More like your competitors. It’s important to have a good idea the landscape of your market competition, both larger and smaller than you. And when there’s an industry-wide issue that could improve your field, do yourself a favor and be the one to lead the charge to unity. You’ll stand out among your competitors while also improving things for all involved when you’re the one to get a group to band together faster than you can say “five families.”

  4. Patience is a Virtue

    Don’t expect for things to blow up for you overnight — it takes time to build a mafia empire strong business. And this advice goes for both rookies and veterans: quality comes from patience, planning, and having a great product.

  5. Always Have A Plan

    When you’re running an international crime syndicate, you’ve simply got to have a plan. It’s not profitable to do things willy-nilly, with no discussion or lack of a business model. It’s probably best to avoid a business plan that involves gunning people down in the street, but appropriate foresight, planning, and action can lead to, ahem, legitimate business success.

  6. Learn from Your Failures

    Failure happens. Even to mafiosos. Let this fact lead you, and give yourself permission to fail. But also let yourself learn from your missteps, as it’s possible to turn any short-term failure into long-time success. If you lose some guys in a gun battle, or lose money from a dirty double cross, you know how crucial it can be to pick yourself up, dust yourself off, regroup, and move forward. Also, what kind of job did you say you had, again?

  7. Loyalty Matters

    One of the most important lessons to take from the Don is that loyalty is key. In this day and age, economic security is a spectre — but it’s paramount to remember never to bite the hand that feeds you. Whether you have a boss or have to deal with distributors, it’s always best to be loyal to your higher-ups and those who depend on you. It’s as simple as this: the better everyone does, the better everyone does.

  8. Respect Must Be Earned

    While loyalty is important, respect must be earned. Make sure that you’re commanding respect, and not just because of your great work product. If you act with dignity and put integrity first on your value list, you’ll see how easy it can be to build up mutual respect with co-workers, superiors, and those in other areas with whom you have to work. Additionally, take caution to respect respect: it’s easy to build up, takes time to cement, and can be gone forever in a flash.

  9. Business Is Personal

    Tom, don’t let anyone kid you. It’s all personal, every bit of business. Every piece of sh-t every man has to eat every day of his life is personal. They call it business. OK. But it’s personal as hell.And there you have it. Michael Corleone said it best, and it’s the honest truth: business is made up of people. People who care, people who create, people who perform, and everything in between. The great thing about a business is that the whole is greater than the sum of its parts, but its parts are people — and those are pretty great, too.