Seizing Opportunities: How Retail Giants’ CEOs Climbed from Entry-Level to Executive

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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How Introverted Leaders Can Use Personal Stories to Connect and Engage Audiences

Virtual Consulting’s CEO, Gideon Malherbe, suggests introverted leaders start presentations with a personal story from their early life. This humble approach warms up employees, making it easier to deliver corporate messages with higher emotional engagement. It’s a simple yet effective way to connect with the audience and overcome nervousness.

At DoSo! Coaching, Dorota Klop-Sowinska advises embracing nervousness instead of fighting it. She recommends sharing a personal story to connect with the audience emotionally rather than logically. This strategy helps introverted leaders appear more relatable, authentic, and memorable, even when competing against larger, more outgoing competitors.

By Expert Panel® | SEP 25, 2024
Read the original article at FORBES

Innovative Strategies for Managing Challenging Employees: O.I.R. and C.T.R.M. Frameworks

A unique management strategy for dealing with toxic employees is the O.I.R. approach: Observations, Impact, and Redirect. This method involves having a one-on-one conversation with the employee, focusing on observed behaviors, their impact on the team, and ways to improve. Unlike confrontational methods, this approach emphasizes listening and understanding, helping managers address issues without making employees defensive.

Another unconventional leadership strategy is the C.T.R.M. framework: Clarity, Training, Resources, and Mindset/Motivation. This helps managers systematically address employee issues by ensuring they’ve provided clear expectations, adequate training, and necessary resources before addressing mindset and motivation. This structured method can help companies of all sizes improve employee performance and workplace culture, giving them an edge over competitors.

By Vincent Sanderson | OCT 08, 2024
Read the original article at FAST COMPANY

Strategic Ways to De-Risk Your Business From The Outset

FORBES – To de-risk a business from the beginning, entrepreneurs should focus on validating their business model, securing diverse funding sources, and building a resilient team. Validating the business model involves rigorous market research and testing to ensure product-market fit. Securing diverse funding, including venture capital and customer pre-sales, reduces financial dependency on a single source. Building a resilient team with diverse skills and a shared vision strengthens the company’s ability to navigate challenges. Implementing these strategies helps mitigate risks and sets a solid foundation for long-term success.

By Lewis Schiff

See full article at Forbes

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