Several companies have in the past, genuinely tried to display virtuous business practices. A number of them in the 1980s for instance such as JC Penney, AT & T, GE, Hallmark, Sears and P & G tried to distribute corporate profits among their employees, thereby reducing inequality in society. They established stock ownership, corporate training programmes, job security and even pensions. Most of these practices disappeared by the turn of this century, replaced instead by environmental practices and transparency initiatives. But these too are likely to get dismantled sooner rather than later. Some exceptions to this general rule apply. The John Lewis Partnership, Lincoln Electric, WL Gore & Associates and the American Cast Iron Pipe Company are examples of virtuous companies. Unlike others, they have managed the succession planning better, thus avoiding discarding the very practices that made them famous. Such companies have a virtuous business philosophy, emanating from its very corporate strategy. Their governance structure is also varied, with greater amounts of enlightenment in them. And finally, the ownership means are unique, with more ethical entities in the pie.

Source:https://www.strategy-business.com/article/The-Short-Life-of-Enlightened-Leadership-and-How-to-Extend-It?gko=e7a6f

Uploaded Date:14 August 2019

In order to progress up in the leadership chain, professionals needto master several drivers, while also eliminating those that may be called the blockers. To ensure effective change, self- awareness has to be implemented at the heart. This exploration is of particular importance to professionals from the field of executive coaching, corporate training and leadership development. It includes several key questions that need to be posed to those aspiring to take up these programmes. A good one to start off, is to ask what kind of a leader the person aspires to be. Specific behaviours need to be attached that are the targets. Certain personal characteristics can go a long way in understanding the leadership type and potential. Positive emotions and thoughts are also part of the equation. One needs to harness both the conscious as well as the unconscious forces at play. Each individual is also fighting an unknown war to not let the blockers get too strong.

Source:https://knowledge.insead.edu/leadership-organisations/the-powerful-drivers-and-blockers-of-leadership-12086

Uploaded Date:13 August 2019

Beth Mooney is now the Chair at the Cleveland Clinic and the CEO of Key Corp, thus dabbling her expertise in both healthcare and in banking simultaneously. But it all started in Dallas in 1979, when she came to know of a management training programme with the Republic Bank. The bank has since been renamed as the Republic Bancorp, but she proved her mettle by not leaving until she was actually offered a position. Under her leadership Key Corp has been known to be a leader in digital transformation, with a strong presence in online and mobile banking. Mooney has also won acclaim for her role in ensuring equality for the LGBTQ rights. She mentions how having business leadership works well for non- profit firms too, as it helps in aligning the responsibilities. Trust matters equally high in both banking and healthcare. Culture is one thing that is at the core on institution building. Several upskilling programmes have been launched due to her initiative, especially targeted at older people, looking to enhance their digital skills.

Source:https://www.strategy-business.com/article/Leading-with-a-mission-mind-set?gko=195e4

Uploaded Date:13 August 2019

Some secrets have been revealed on how business intelligence captured can actually be executed. First of all, the insights captured need to be revealed in real time. The presentation of the same has to be attractive, so that the “aha” moments can be truly captured. Brain science has even revealed that new insights may be deemed as fragile. This has been amplified in detail by Jeffrey Schwartz and David Rock in the article The Neuroscience of Leadership. Another trick is to ensure that the personal systems so curated need to be rigorous about managing commitments and the glare. The “aha” moments spoken of earlier, need to be further reactivated through the frequent deployment of probing questions. One needs to work while keeping track of everyone’s deadlines, as this will ensure a tight work framework.

Source:https://www.strategy-business.com/blog/Four-Secrets-for-Turning-Insight-into-Execution?gko=3d8b9

Uploaded Date:13 August 2019