Rethinking Manager Promotions: The Dangers of Overconfidence and the Power of Insightful Selection

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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Leveraging Analytical and Problem-Solving Skills for Finance Leadership Success

FORBES – Engineering expertise can be effectively applied to finance leadership roles by leveraging analytical and problem-solving skills for data-driven decisions. Managers should prioritize continuous learning and stay updated with industry trends. Building strong cross-functional relationships fosters collaboration, while clear communication translates technical details into strategic insights. These practices help influence stakeholders and guide the organization toward its objectives.

By Jack McCullough | JUN 25, 2024

Read the original article at FORBES

Warrior Leadership: Blending Strength, Integrity, and Compassion for Success

The “Amare warrior leader” fosters open dialogue, values diverse opinions, and seeks to understand challenges deeply before acting. They handle failure as a learning opportunity, turning setbacks into comebacks. This is a shift from top-down, aggressive leadership to collaborative, thoughtful decision-making.

Inspired by the Bushido code, modern leaders embrace principles like honor, loyalty, and kindness. They defend their integrity and stand up for their principles with respect, transforming challenges into opportunities for growth, rather than approaching leadership with unyielding force.

By Moshe Engelberg | SEP 18, 2024
Read the original article at INC

Managing Overload: Strategies for Prioritizing and Protecting Your Time as a Manager

1. Discuss Priorities: Identify and write down your top priorities with your managers to align goals. This helps in making informed decisions about meeting requests. For example, if a manager prioritizes completing a project, they can decline a non-essential meeting to focus on important tasks.

2. Protect Your Time: Set boundaries for focused work by blocking calendar time and updating your status on communication platforms. For instance, a manager can block time for deep work and set their Slack status to “In deep work mode from 2-4 PM, expect delays,” helping minimize interruptions and improve productivity.

By Stella Garber | JUL 29, 2024
Read the original article at FAST COMPANY

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