Category: News

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1. Jotform’s weekly Demo Days: Jotform holds weekly Demo Days where cross-functional teams share projects without a single leader. This fosters collaboration across generations, giving everyone an equal voice. It’s a unique way to reduce generational friction and boost productivity by ensuring all employees, especially Gen Z, feel heard and valued.

2. Jotform’s Gen Z-led digital training: Jotform recruits younger employees to train senior colleagues on new digital tools. This not only helps older staff stay current but also engages Gen Z by recognizing their expertise. It creates a two-way learning environment, bridging generational gaps and making everyone feel important to the organization.

By Aytekin Tank | AUG 30, 2024
Read the original article at FORTUNE

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A study found that managers who self-promoted, believing they were better leaders, performed worse than those chosen randomly. These “lottery managers” were better at reading people and had stronger social skills, highlighting the risk of overconfidence in leadership.

Ben Weidmann from Harvard Kennedy School suggests that companies should promote managers based on their economic decision-making skills rather than just their eagerness to lead. This approach can uncover hidden talents and improve team performance by selecting leaders who are more resourceful.

By Natalie McCormick | AUG 28, 2024
Read the original article at FORTUNE

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1. Build Trust Through Listening: Regularly engage with your team on a personal level to understand their concerns and aspirations. Tara VanDerveer’s players performed better when they felt heard and valued. Implement one-on-one meetings to create a culture of trust and openness.

2. Prioritize Efficient Communication: In high-pressure situations, focus on the most critical issues first. VanDerveer’s approach to “putting out the biggest fire” during tight games can be applied to business by clearly outlining top priorities and assigning tasks quickly during crises.

By Matt Abrahams | AUG 27, 2024
Read the original article at FAST COMPANY

1. Leverage Complementary Skills: Combine the diverse strengths of co-CEOs to drive innovation. For instance, one co-CEO could focus on technology while the other handles finance, leading to more comprehensive decisions. This dynamic can outperform single leadership by tackling complex challenges from multiple angles.

2. Define Clear Roles: Prevent conflicts and confusion by clearly defining each co-CEO’s responsibilities. For example, assign one co-CEO to internal operations and the other to external relations. This clarity ensures smooth operations and leverages each leader’s strengths without overlap.

By Ash Wendt | AUG 26, 2024
Read the original article at ENTREPRENEUR

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1. GoDaddy created an AI Prompt Library to help small businesses with content creation and review responses. This free tool helps entrepreneurs save time and maintain consistent brand voice, even when competing against larger companies with more resources.

2. GoDaddy developed a logo creation tool that generates multi-colored, multi-dimensional logos based on simple prompts about a business. This allows small companies to create professional branding quickly and affordably, helping them compete with bigger brands visually.

By Emily Washcovick | AUG 26, 2024
Read the original article at ENTREPRENEUR

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1. Seize Opportunities Boldly: Kurt Geiger’s CEO Neil Clifford seized a rare opportunity to pitch his ambitions directly to the company’s top boss when his manager was on holiday. This bold move led to career-changing advice and propelled him from a small-town salesman to running a £330 million business.

2. Embrace Change for Growth: Walmart CEO Doug McMillon volunteered to take on extra responsibilities when his boss was out of town. By consistently stepping up, he made himself a “low-risk promotion” candidate, rising from a $6.50/hour warehouse worker to CEO of one of the world’s largest retailers.

By Orianna Rosa Royle | AUG 26, 2024
Read the original article at FORTUNE

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1. Target Your Audience Narrowly: Warren Buffett’s success comes from focusing on a specific audience, like Berkshire Hathaway’s loyal investors, instead of trying to please everyone. This targeted approach can actually attract a broader, more dedicated following over time.

2. Avoid Assumptions: Buffett warns against making assumptions about a broad audience. Instead, CEOs should deeply understand their core customers’ needs. Trying to appeal to everyone can lead to misconceptions and weaken the connection with your primary audience.

By Bill Murphy Jr. | AUG 25, 2024
Read the original article at INC