Business leaders have traditionally been advised to weed out any vulnerabilities within them. In case, it remains incurable, this vulnerability must not emerge out in the open. The term has always been used in negative connotations for business news headlines. Yet, a recent study by Emma Seppala claims that instead of hiding them, business leaders would be well advised to demonstrate their vulnerabilities in the open. Business research conducted by the Macquarie Graduate School of Management in Australia proves that such behavior inspires teams. Hiding information also goes against the principle of authenticity. Greater bonds are also fostered within the ranks by showing the true self. And unlike the usually held belief, team members tend to feel hopeful, not fearful, in front of vulnerable leaders.

Sourcehttp://www.cultureuniversity.com/vulnerable-leaders-inspire-with-authenticity-and-humanity/

Uploaded Date:09 January 2018

The best business books of 2017 have been identified for the Leadership segment. It mainly includes three books and each has come up with its own specific theme which is of critical importance to leadership practices in the coming years. The first such book mentioned is The Captain Class: The Hidden Force that creates the World’s Greatest Teams written by Sam Walker. This book analyzes leadership from the outlook of some of the greatest sports teams of all-time such as the NBA’s Boston Celtics, New Zealand’s All Blacks Rugby Union team, the French soccer team in the late 1990s and early 2000s and one of the Soviet Ice Hockey teams. The next one listed explores leadership maxims the business world has picked up from military practices. One Mission: How Leaders Build a Team of Teams by Chris Fussell demonstrates how talent management practices from the 20^th century such as vertical strategic alignment and Management by Objectives are bound to fall short in the digital age. Susan David’s Emotional Agility: Get Unstuck, Embrace Change, and Thrive in Work and Life speaks from a psychological point about the importance of being emotionally agile.

Source:https://www.strategy-business.com/article/Best-Business-Books-2017-Leadership

Uploaded Date: 09 January 2018

Several organizations nurture leaders who are known as the rock star bosses. They are the kind whose words will instantly motivate a group without ever sugar-coating the fails. In politics, business and military, such leaders still need to maintain an aura of authority. The true rock star who happens to be a boss is Bruce Springsteen. His lyrics have timely questioned societal values and where his nation is headed. He is now set to go on a solo show which will include readings from his autobiography- Born to Run. Some lessons may be gleaned from the trajectories of such inspirational leaders who combine art with business. First of all, in order to attract people’s attention, it is pertinent to cater to their imagination. Any art or craft one is in to, must be defined by a certain purpose. While love for an art is often the casus belli for eliciting some business innovation,one’s legacy will only get stronger through proper reflection.

Source:https://hbr.org/2017/09/bruce-springsteen-artful-leadership-and-what-rock-star-bosses-do?utm_campaign=hbr&utm_source=twitter&utm_medium=social

Uploaded Date:09 January 2018

The former Chairman and CEO of Medtronic shares his view from the top that business leaders like him must own up to mistakes gracefully in case they occur. A lot of CEOs’ reputations erode due to faulty or lack of apologies. A case in point is that of the CEOs after the environmental disasters resulting from activities of Exxon Valdez and Deepwater Horizon in 1989 and 2010 respectively. A similar case is that of Uber Founder Travis Kalanick whose talent management abilities came into question after his note to employees following the faulty handling of a disparaging video that went viral. Volkswagen has CEO Michael Horn has also been criticized for the faulty handling of the 2015 emissions test scandal where he put the blame on a few engineers rather than owning up. In contrast are the examples of Johnson and Johnson’s James Burke and General Motors’s Mary Barra in 1982 and 2014 respectively. In both cases, while they were not personally at fault, they apologized in public for a flaw by the companies they led. The brands thus returned stronger than before. Instead of covering up, CEOs must be prepared to offer honest apologies. Promises to never repeat also rarely work as such accidents can admittedly happen again. Instead of responding only during crises situations, companies must proactively try to prepare and keep a plan for such exigencies.

Source:http://knowledge.wharton.upenn.edu/article/honest-apologies-can-help-leaders-organizations-rebound/

Uploaded Date:14 December 2017