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Leadership News
Leadgrowdevelop
2h
178
Image Credit: Leadgrowdevelop
Top Strategies Wealth Managers Use to Maximise Client Portfolios
- Wealth managers employ diverse strategies, research, and forward-thinking to maximize returns and manage risks effectively.
- Diversification plays a critical role in wealth management, spreading investments across assets to mitigate risk and aim for steady returns.
- Asset allocation is customized based on clients' goals, risk tolerance, and time horizon, adapting as needed to align with financial objectives.
- Wealth managers employ risk management tactics like hedging, stop-loss orders, rebalancing, diversification, and defensive assets to safeguard portfolios.
- Regular portfolio reviews are crucial to assess performance, make adjustments, and ensure portfolios stay aligned with clients' evolving needs.
- Alternative investments like real estate and private equity offer diversification and potentially higher returns while managing portfolio volatility.
- Sustainable and ethical investing incorporating ESG factors allows clients to align investments with personal values without sacrificing returns.
- Wealth managers stay informed, adapt to market trends, and leverage tax-efficient strategies to maximize after-tax returns for clients.
- Personalized strategies are developed for each client's unique goals, focusing on achieving milestones such as property ownership or funding education.
- Successful portfolio management goes beyond investment selection and involves strategy, adaptability, and understanding clients' aspirations to empower their financial future.
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10 Likes
Leaderchat
11h
281
Image Credit: Leaderchat
Tired of Your Friend Complaining about “Entitled Workers?” Ask Madeleine
- A manager seeks advice from Madeleine about his friend's negative attitude towards his direct reports and complaints about entitled workers.
- The manager perceives his team as hardworking and attributes his positive experience to leadership training and resources provided by his company.
- Madeleine suggests that the friend's outlook is influenced by personal perspective, lack of curiosity, and the culture within his company.
- Research supports that investing in leadership training leads to empowered and motivated employees, unlike promoting solely based on individual contributions.
- The contrasting theories of Theory X and Theory Y in management suggest differing assumptions about employee motivation, impacting leadership styles.
- Madeleine emphasizes that a leader's attitude significantly impacts employee engagement and that focusing on positive reinforcement can drive desired behaviors.
- The manager is advised to consider influencing his friend or reconsidering their friendship if the negative attitude becomes burdensome, and suggests asking thought-provoking questions to initiate change.
- Madeleine concludes by highlighting the importance of addressing issues with friends for personal well-being and providing food for thought on leadership and relationships.
- Madeleine Homan Blanchard, a master certified coach, offers advice through Blanchard Coaching Services and aims to support well-intentioned managers in navigating challenging leadership situations.
- Madeleine's insightful advice column, 'Advice for the Well Intentioned Manager,' addresses leadership challenges and provides resources for managers striving to improve.
- Readers can submit questions to Madeleine for future advice columns, and although she cannot respond to all individually, she offers valuable insights for leaders seeking guidance.
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16 Likes
Medium
1h
54
Image Credit: Medium
Innovative Minds and Path to Social Impact
- The government cannot provide subsidies across the board, leading to the rise of social responsibility.
- Entrepreneurs with creative and resilient minds are capable of observing and solving social problems.
- A real-life example in England showcases a social entrepreneur who addresses unemployment through restaurants that provide employment and profit.
- The concept of social entrepreneurship focuses on defining and solving social problems to bring about positive change.
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3 Likes
Leadgrowdevelop
1h
92
Image Credit: Leadgrowdevelop
How Software can Help you to Manage Employee Scheduling
- Enhancing employee scheduling using software can offer multiple benefits including increased productivity, high staff morale, and reduced labor costs.
- Employee scheduling software allows tracking of employee preferences, making it easier to manage workloads and ensure fairness to the team.
- Open communication facilitated by scheduling software avoids confusion, reduces absenteeism, and improves overall employee happiness.
- Offering additional flexibility in working schedules, such as remote or hybrid arrangements, can improve recruitment, retention, and employee satisfaction.
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Leadgrowdevelop
2h
203
Image Credit: Leadgrowdevelop
How Lifestyle Changes Can Help Treat Common Sleep Disorders
- Lifestyle changes can help treat common sleep disorders.
- Stick to a sleep schedule and create a relaxing bedtime routine.
- Watch what you eat and drink, and get moving during the day.
- Make your bedroom cool and dark, and reduce stress and anxiety.
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12 Likes
Medium
10h
320
Image Credit: Medium
What ‘A Man Called Ove’ Taught Me About Product Management
- A Man Called Ove by Fredrik Backman is a masterclass in building great products through empathy, community, and resilience.
- The story revolves around a grumpy old man named Ove, shaped by loss and heartbreak, who finds purpose through the curiosity and support of his neighbors.
- The book highlights the importance of empathy in product management, transforming interactions and fostering a sense of community within teams.
- Product managers should prioritize the bigger goal and provide both tough feedback and genuine support to ensure product quality and team success.
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19 Likes
Medium
14h
69
Image Credit: Medium
Nothing breaks a developer’s soul like seeing the same retro item for the 10th time.
- Change doesn’t have to be massive to apply the Krüger Model.
- Every change starts with a clear diagnosis and objectives.
- Change requires a plan, convincing the team, and adaptation.
- Applying the Krüger Model can help change team culture without organizational power.
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4 Likes
Medium
19h
55
Building Smarter Products: My Take on Continuous Discovery
- Continuous discovery is about stacking the odds in favor by sharpening bets through customer needs analysis.
- The Opportunity Solution Tree framework helps map outcomes, opportunities, solutions, and tests for structured decision-making.
- Focusing on the 'why' before brainstorming solutions is key to identifying real customer needs and not just quick fixes.
- Stories from customers reveal deeper insights and needs that statistics may not capture accurately.
- Discovery should run in parallel with product development to maintain progress without major interruptions.
- Emphasizing small bets and constant testing helps teams stay nimble, customer-focused, and adaptable.
- Automating user interviews and integrating discovery seamlessly into workflow enhances efficiency and insights.
- Interviewing customers without rigid scripts and diving deep into their experiences uncovers valuable feedback and opportunities.
- Continuous discovery, focusing on outcomes, interviews, and tests, remains crucial for successful product development.
- Even small chats with customers can lead to significant revenue gains and product improvements when integrated into the development process.
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3 Likes
Medium
19h
144
Building High-Performing Teams: My Blueprint for Success
- First principles thinking - starting with the basics and reasoning up - unlocks breakthroughs.
- Ownership is built, not handed out. Carving out meaningful scopes and tackling big problems inspire teams.
- Leading by example and taking accountability from the top drives results and fosters a collaborative culture.
- Emphasizing first principles thinking and a growth mindset in the hiring process helps build high-performing teams.
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8 Likes
Hrdive
1d
308
Image Credit: Hrdive
Citi tosses diversity goals, DEI label
- Citi is abandoning its diversity, equity and inclusion initiatives due to pressure from the White House.
- The bank is dropping 'aspirational representation goals' and requirements for diverse candidate rosters and interview panels.
- Citi is rebranding its 'diversity, equity and inclusion' team to 'talent management and engagement'.
- Other banks and large companies are also walking back on DEI initiatives amid political pressure.
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18 Likes
Hrdive
1d
184
Image Credit: Hrdive
8th Circuit allows states’ lawsuit over EEOC abortion accommodation rule to continue
- The 8th U.S. Circuit Court of Appeals allows states' lawsuit against the EEOC abortion accommodation rule to continue.
- The court ruled that the states had standing to challenge the rule as they faced injury from the agency's inclusion of abortion as a "related medical condition" for which employers must provide accommodations.
- The decision allows the challenge to move forward, but the future of the rule itself is uncertain given the regulatory shifts by the incoming Trump administration.
- The states alleged violations of the rule being arbitrary, capricious, exceeding the agency's statutory authority, and violating the First Amendment guarantee of free speech.
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11 Likes
Gritdaily
1d
97
Image Credit: Gritdaily
Why Women Make the World Safer for Everyone
- 49 women-led organizations formed the “Peace for Sudan Platform”, demanding inclusion in formal negotiations.
- Women's representation in peace agreements and decision-making processes remains low, hindering global security.
- Research shows that societies with gender equity between men and women are more peaceful.
- To build a more secure future, proactive measures should be adopted to amplify women's voices and engage men as allies.
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5 Likes
Associationsnow
1d
356
The Case for a Meeting Critic
- A group of business scholars propose a “critical reviewer” to keep meetings on point.
- The critical reviewer challenges prevailing assumptions and encourages evaluating ideas thoroughly.
- Everyone in the room should feel empowered to question research, consider alternatives, and challenge assumptions.
- The role of a critical reviewer can help keep meetings focused and strategic.
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21 Likes
Hrexecutive
1d
91
Your Workforce’s Key to Financial Wellness? Pay Literacy!
- Financial wellness programs can go a long way in helping you keep more employees, reduce their stress and boost their loyalty.
- According to the Global Financial Literacy Excellent Center’s 2024 study, the average U.S. adult answered only 48% correctly in a test of their financial literacy.
- A focus on pay literacy — a vital piece of financial literacy — could help employers improve their workforce’s overall wellness.
- In this webinar, Jean Chatzky discusses ways to improve financial wellness with a foundation of pay literacy, how employees with high pay literacy help prevent manual work and time-consuming corrections for HR, and why it’s important to normalize conversations around what influences our pay.
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5 Likes
Leadershipnow
1d
201
7 Qualities that Drive High-Impact Teams
- Organizational teams face new challenges brought on by remote, hybrid, and in-person work environments.
- A study of 1,000 working Americans identified seven qualities of high-achieving teams.
- These qualities include accountability, addressing distractions, elevating direct communication, systemizing communication, understanding power dynamics, optimizing work environments, and promoting consistent high achievement.
- Creating highly effective teams is crucial for overcoming organizational challenges and driving results.
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12 Likes
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