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Ray & Brene: the art of difficult conversation

“Vulnerability and courage allow you to have difficult, uncomfortable conversations with colleagues—and almost any company culture could improve by having more difficult discussions.” Brené Brown

“Don’t hire people just to fit the first job they will do; hire people you want to share your life with.” Ray Dalio

To many these two authors might not have much in common but for me when I hear one I think of the other.

Ray Dalio’s new book and the related discussions of his radical transparency, the importance of open failures and the value of candor is starting some great discussions. Radical it most certainly is but so much of the principles make sense that we could all challenge ourselves and our cultures to move even a little in his direction.

For his ideas to work or to fully understand how to embrace them I suggest turning to Brené Brown. Her Tedtalk is one of the most heard because she is nothing short of brilliant. Often not focused on business but it is not a coincidence that life lessons and success closely correlate. Her concepts on courage (the better business word?) & the tied vulnerability are essential to leadership.

And at the core all of these build stronger connection – which is at the intersection of success, health and happiness. Connection relies on vulnerability and honesty and transparency.

Two great, & surprisingly similar, reads:

https://business.linkedin.com/talent-solutions/blog/talent-connect/2017/why-being-vulnerable-at-work-can-be-your-biggest-advantage-according-to-brene-brown

https://mobile.nytimes.com/2017/09/04/business/ray-dalio-book-bridgewater.html

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Digging at the root

They say “don’t sweat the small stuff” & “pick your battles” but over time the build up of unnecessary small inefficiency can really drag your team down.

The balance of freeing your time as a leader and taking advantage of your opportunity to delegate versus getting to the root of over-complication is a balancing act.

“a good manager only has 2 main priorities: 1. Remove all unnecessary obstacles from your subordinates’ path so that they have a greater chance for success 2. Make available as much support (time, resources, effort) as possible to increase your teams’ chances for success. Every other priority should support these first 2 or else they are just distracting the team from what is important.”

This conclusion in the linked article is supported by some harsh checks.

It is an interesting perspective especially when you consider the truth behind the sayings “don’t sweat the small stuff” & “pick your battles”. And while those priorities may be perfect and simple for a manager there is much more to consider as a strategic leader.

At a minimum it is a good reminder for us as leaders as we influence others today and coach managers.

https://lnkd.in/g5xRxNJ

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Innovation through Collaboration

Innovation through Collaboration – love the concept.

Keynote speaker at a conference this week was founder Graham Sherman who spoke about the collaboration within his industry.

I’ve been at many conferences where the Toolshed story was on stage but this was the first time I had the chance to sit down and hear the whole speech.

Worth the time today. Favourite quote was “Don’t fight for a slice of pie. Build a bakery…. unlimited pies” (that was supplemented with an Oprah reference… always inspiring!).

Previous post on a similar topic:

https://connectionattheintersection.blog/2018/05/09/gold-rule-growing-the-market-and-elon/

Great related article I’ve also shared before: https://www.brandingstrategyinsider.com/2017/03/strategy-is-not-about-the-competition.htmlStrategy Is Not About The Competition | Branding Strategy Insider

And did you know? https://www.cbc.ca/amp/1.2415432

Revenue focus achieves growth so bring the CFO into that conversation

www.cpacanada.ca/en/news/accounting/the-profession/2018-05-22-five-secrets-to-success-for-modern-cfo

“Companies strive, more and more, to grow the top line. What are the new profit pools?” In this world, a CFO is doing more predictive work, more modelling, to get the required growth.”

This article also talks about not succumbing to the status quo. Status quo in the area of priorities and new ideas can be dangerous and too comfortable.

Companies generally grow by focus on revenue and prioritizing the top line. It is encouraging that CFOs are shifting away from costs alone towards this growth engine of the top line.

Deloitte has a trend report that further supports: https://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/deloitte-cfo-signals-survey-first-quarter-optimism-swells-in-wake-of-us-tax-reform.html?_lrsc=9e498321-e344-4298-8c2e-c6bc1950f557&id=wl:2sm:3li:4elevate:5awa:6oth:111829:319850


Leadership listening – road trip byproduct

www.linkedin.com/feed/update/urn:li:activity:6405060572043452416

Many amazing leaders speak vulnerably about their experiences and their ups and downs.

I highly recommend hearing the insights throughout but if you can’t afford to give all the episodes a go consider prioritizing “https://lnkd.in/gJasHaT.” A dozen years as CEO at a company with more power and influence than some of the world’s countries Indra Nooyi from PepsiCo has an amazing story and an exceptional following. Her journey & results would be one to tell irregardless of her diversity.

Long weekend driving and business road trip to Edmonton allowed me the time to be introduced to this amazing CEO series and I recommend it for anyone interested in leadership listening.

https://lnkd.in/ghhjJ3F