Business leaders can learn from professional sports coaches, who know strategy is just one aspect of success, notes John Baldoni in this blog post and video. Bosses and coaches "must learn how to bring out the best in their employees, manage up in order to achieve their objectives and engage with the community around them," he writes.
Leaders often feel isolated and unable to connect personally with employees, writes Art Petty. Finding avenues outside of work to discuss challenges and feelings can help, and so can practicing regular drop-ins to see how employees are doing, he writes.
Companies developing a new technology can make it more lucrative to larger businesses by building relationships with them early on, writes Kurt Estes. CEOs should also team with legal and financial experts during negotiations to assure they're positioned for the best offer and don't settle too soon, he writes.
Perfecting a punchline is a tall order, so try capturing the audience's attention with an interesting story or fact instead, writes Anett Grant. Audiences are seeking useful knowledge, not entertainment, and self-deprecating humor may undermine their faith in your information, she writes.
Letting the mind wander periodically could boost innovation and problem-solving by freeing more creative functions of the brain, according to research by business professor Erik Dane. Positivity helps, as daydreaming about worries won't be helpful for solving problems.
LinkedIn CEO Jeff Weiner recently told a graduating class about the importance of compassion, which he defines as "empathy plus action." This trait is especially important, he says, as our society becomes more divided socially, economically and politically.
Scientists have devised a timeline of ancient Rome's economic ups and downs based on remnants of lead pollution discovered in the Greenland ice sheet, writes Robinson Meyer. The lead pollution was a byproduct of the smelting process that produced coinage and thus can be a useful marker of Roman government and economic activity, according to a report in the Proceedings of the National Academy of Sciences.
General Electric has almost completed negotiations to merge its transportation unit with rail-equipment supplier Wabtec, sources say. The deal would be the biggest so far for John Flannery, named CEO in August with a mandate to increase the company's stock price and to cut costs.
American Indian tribes are among those angling for control of sports-betting revenue after the Supreme Court recently ruled that states could offer the activity. Agreements between tribes and state governments could determine who has the right to offer sports betting in states such as Connecticut, where the Mashantucket Pequot Tribal Nation and the Mohegan Tribe say only they may offer such gambling.
Leaders brave enough to act on their convictions will lead with integrity and earn trust in their vision, writes Shelly Francis. "Being willing to tackle hard conversations within an organization, to make room for honest debate and differing opinions, is an act of courage that requires and invites integrity," she writes.
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