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Client Views |
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Ten Tactics for Leading in Hard Times
Good times are a direct result of actions taken
during the bad times.
By
Phillip J. Harkins - CEO, Linkage
Through many years of consulting and coaching, we
have observed that smart, action-oriented leaders
who make good decisions rapidly can thrive in bad
times. These leaders quickly adjust, sometimes even
before markets shift. Anticipating the worst, they
focus on short-term wins and adapt their style to
the reality of the “new world” around them. They
lead by setting clearer direction and by stepping
away to enable passionate champions to drive results
and accept accountability.
In this way, they build a committed work
environment. Having been through it before, for
example, they spend their time talking to all levels
in the organization; particularly, they will go
directly to the front-line sales force and learn
more about what customers say they really want. They
talk to supervisors about what employees are
thinking, feeling, and needing. These experienced
leaders become sleuths and question everything.
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Partner's Perspective |
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Raincoat
for the Financial Storms
Financial Truth or Delusion! Financial Truth or
Dare!
By Steven
B. McKinney -
IMD International Search Group, South Korea
The Storm Is On
The
financial storm has hit our beaches and shores with
mighty force. We may not have made it, but we have
to deal with it. How we deal with it will be
different for each of us, of course. Each company
out there will have its own solution to the problem
of navigating the storm safely.
As always,
however, one thing will be constant – We must face
the truth with courage or we risk making more bad
decisions and worsening our problems rather than
fixing them.
Actually,
the credit crisis has been kicking up dust and rocks
for at least a year. One of the first early
indicators or high waves of the storm brewing was
the loss of the global stock markets between
December 2007 and February 2008. The Dow Jones was
down 9%, London was -12%, Tokyo was -16%, NASDAQ was
-16%.
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"Success is dependent
of effort."
~ Sophocles
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News |
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Executive
Xelleration |
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Senior HR leaders
from Fortune 500 companies recently met with the
Epsen Fuller/IMD partners for a Talent
Management Roundtable at their Morristown, NJ
headquarters.
Executives from
J&J, Oppenheimer, Merck, HSBC, GMAC , Realogy,
Tyco, and Travelport discussed the need
to integrate new leaders into roles and/or organizations
quicker and better. Epsen Fuller/IMD
recognizes that the key to long-tern success is
in the integration process and has has developed
the Executive
Xcelleration program to help
organizations and their new leaders mitigate
risk.
"Numerous research
shows 40% of new
executives last less than 18 months," says Tom
Fuller, general managing partner of the firm.
"With early communication, a focused plan and
continued support, a new leader will deliver
better results faster!" |
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Executive Moves |
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Paul Chew, M.D.,
appointed to Chief Science Officer/Chief Medical
Officer, for Sanofi-Aventis, U.S.
Sunita Holzer
named SVP of Human Resources for Chubb Group of
Insurance Companies.
Michael Jones
named Chief Operating Officer and Jason
Hirschhorn appointed Chief Product Officer for
MySpace.
Shira Goodman
appointed Executive Vice President of Human
Resources for Staples, Inc.
Craig Herkert
named CEO for Supervalu, Inc.
David Hunke was
appointed President and Publisher for USA Today.
Alan Ennis
promoted to President and CEO of Revlon, Inc. |
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