C-Suite Insights 29th March 2021

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TOP INSIGHT


 

How self-awareness produces good leadership

Business News Daily

Self-awareness is the ability to monitor your own emotions and reactions, and studies have shown that it is a characteristic demonstrated by the most effective leaders. The following behaviours help improve self-awareness:

  • Keep an open mind. To be a successful leader, you need to be curious about what people have to offer.
  • Be mindful of your strengths and weaknesses. This means that you know when to reach out for assistance.
  • Stay focused. Train yourself to focus for long periods of time without getting sucked into social media, emails and other small distractions.
  • Set boundaries. Be warm toward others, but say no when you need to.
  • Know your emotional triggers. Self-aware individuals can identify their emotions as they are happening. Don't repress your emotions or deny their causes; instead, be able to bend and flex with them, and fully process them before communicating with others.
  • Embrace your intuition. Successful people trust their instincts and take the risks associated with them. Your instincts are based on the survival of the fittest and the need to succeed.
  • Practice self-discipline. Good leaders tend to be disciplined in every area of their life.

 

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​​​​FURTHER INSIGHTS


Experiments for post-COVID-19 work arrangements

 

MIT Sloan Management Review

 

Leaders and employees are wondering what work and business will be like after the pandemic ends. What will the attributes of the business environment post-pandemic be, and how will we decide on them?

 

This article suggests that organisations should try experimentation, and outlines the components of successfully adopting this approach. A culture of experimentation is a major component of data-driven management, and learning from tests should become a key component of the “new normal” business environment.

 

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Reinventing through automation

 

Bain & Company

 

Many executives are so accustomed to thinking of automation primarily as a cost-saving tool that it can be difficult to broaden their outlook to the other opportunities it affords. Three principles can help adopt a mindset that looks for more from these technologies.

  1. Assess whether automation will be a threat, opportunity, or both to the business. Executives should explore the role that automation could play in reinventing customer experiences and business models within their industries, just as it has in cloud computing.
  2. Reinvent business processes with automation rather than finding lots of individual tasks to automate. While automating a single task can yield savings, doing so is often too fragmented to have a real impact.
  3. Treat automation as a major change to manage actively from the start. The barriers to automation are falling, but that doesn’t mean companies can cut corners in planning and executing their automation strategy. Successful automation requires strong C-level sponsorship so that it remains a priority and everyone is held accountable.

 

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