Tag: Leadership

Skill Perception Gap: How Workera and LinkedIn Expose

Workera, a skills development platform, conducted an analysis revealing that 56% of employees underestimate their skill levels, while 32% overestimate. This insight challenges traditional self-assessment methods in workforce development. By recognizing this trend, organizations can implement more accurate skill evaluation strategies, potentially outperforming larger competitors in employee development and task allocation.

LinkedIn’s 2024 Workplace Learning Report found that only 4% of organizations have reached the measurement phase for large-scale upskilling projects. This surprising statistic highlights a significant gap in skills assessment practices. Businesses that prioritize objective, data-based skill measurements could gain a competitive edge over larger organizations by more effectively aligning employee skills with needs and optimizing training resources.

By Bernardo Nunes | OCT 07, 2024
Read the original article at FORTUNE

Transforming Leadership: How Emotional Intelligence and Purpose Boost Success

Tiffany Gaskell, CEO of Performance Consultants, worked with an aerospace company to train leaders in coaching skills. One sales leader, faced with a multimillion-dollar customer complaint, used these skills to manage his panic, explore the customer’s view, and save the sale. This highlights how emotional intelligence can turn crises into opportunities by understanding and addressing customer concerns.

Johnson & Johnson created an innovative tool called the “Purpose Planner” to help employees define their aspirations and personal purpose. By aligning work with individual values, the tool increases employee engagement and excitement. This unconventional approach motivates people to bring passion to their jobs, leading to higher job satisfaction and performance.

By Rodger Dean Duncan | SEP 27, 2024
Read the original article at FORBES

Bold Moves and Inclusive Leadership: How United Airlines Navigated the Pandemic

1. Molly Fletcher emphasizes resilience as a critical management strategy. Her “Next Play Mentality” advises leaders to move quickly past setbacks, focusing on future actions rather than dwelling on mistakes. This mindset helps companies stay agile and bounce back stronger.

2. Fletcher highlights that discipline, not talent, is the true engine of success. For CEOs, instilling a culture of hard work and accountability, even when motivation is low, ensures consistent performance and long-term growth, regardless of industry competition.

By Natalie McCormick | SEP 9, 2024
Read the original article at FORTUNE

Relentless Leadership and Golden Handcuffs: Nvidia’s Unique Approach to Employee Growth and Retention

1. Nvidia’s CEO and Relentless Belief in Employees Nvidia’s CEO, Jensen Huang, pushes his employees hard, believing they can always improve. Rather than firing people, he keeps them to help them reach their potential, creating a demanding but growth-focused environment. This intense work culture is rare and unconventional.

2. Golden Handcuffs at Nvidia Nvidia offers employees a generous stock purchase plan, creating wealth-building opportunities that make it hard for employees to leave. While many stay due to financial rewards, they endure long hours, turning the incentive into a unique retention strategy for mid-sized companies.

By Chloe Berger | SEP 6, 2024
Read the original article at FORTUNE

Building Trust and Legacy Through Kind Leadership

1. Leo Burnett’s John Sheehy: John regularly gave handwritten notes for both big and small accomplishments. This simple act of kindness left a lasting impact on people, building trust and deep connections, which are crucial for strong team dynamics and leadership.

2. Edelman Chicago: The president held open Q&A town halls, answering any question unless legally restricted. This transparency cut through office gossip and built genuine trust, ensuring employees felt valued and engaged.

By Rachel Winer | AUG 29, 2024
Read the original article at FAST COMPANY