Posts Tagged ‘leadership’

Being Made Redundant? Powerful Strategies For Success in New Business Ventures

Thursday, August 5th, 2010

When being made redundant and looking to start a new business venture, do you worry about being one of the many new start ups who fail within the first few years? Do you wonder what action others’ have taken to ensure success?

Remember the secrets of success are not the same for everyone, and will depend on your own very individual set of circumstances. Take Linda for example, she has recently recovered from a long period of illness and rather than go back to paid employment, felt the time was right to start her own business. An old hobby of Linda’s was aromatherapy massage, so she took a refresher course to brush up on her skills and updated some of her equipment.

Linda started very slowly, initially working with a maximum of one or two clients per week, taking plenty of rest in between times and gradually building up her appointments. This was to ensure that the pressures of handling a new venture, in addition to very physically demanding work would not give her a relapse and make her ill again.

By working to one of her strengths – engaging people, Linda was able to generate business during these tough times. Linda is one of those people who is very good at talking to strangers as though they are long lost friends, and if you are with her in a wine bar or restaurant, she will have the waiter sit down and talk through the menu, whilst at the same time extracting his or her life story.

Linda had some leaflets and business cards printed, and spent a couple of days going around the local hairdressers and hotels in her area, telling people what she was doing and asking whether there was any way she could work with the establishments to their mutual benefit. Just two weeks of doing this and she had the offers of spaces in three different businesses, with invites to two trade fairs where she could set up a stall. Now six months later Linda has a thriving aromatherapy massage business and she is getting ready to diversify in to other areas.

Now this approach would not have suited everyone – it was only Linda’s natural flair for getting on with people that made this a success. For someone else, extensive advertising may have been the right route. Or getting a piece printed in a local paper. The point is that one of the keys to YOUR success is working to your strengths, and tailoring other success factors to your own individual set of circumstances.

Are you working to your strengths?

Allison Galbraith is the owner of Macintosh Wright, a broad-based personal development and business coaching organisation.

Allison is a qualified Management and Leadership Coach with qualifications from both the LCH and the Institute of Leadership.

Her background is in financial services. She is a Chartered Insurer and has a Key Account Management Diploma from the Institute of Sales and Marketing Management.

She has extensive experience of managing teams of various shapes and sizes. Visit her today at http://www.macintoshwright.com.

Article Source:

http://EzineArticles.com/?expert=Allison_M_Galbraith

See original here: Being Made Redundant? Powerful Strategies For Success in New Business Ventures

Will You See the Opportunities?

Friday, June 18th, 2010

By Chris Makell

As a long term corporate employee for a Fortune 20 company, I’ve witnessed the demonstration of many levels of leadership, from the top of the corporate ladder to the new hire attempting to step into a new leadership position. I’ve had the pleasure of experiencing it myself. I can tell you that it’s not easy. There are good days, there are bad days. But the measure of a true leader is that they know and acknowledge this dichotomy and adjust accordingly.

Leaders have recently been faced with some interesting days. This is not just in the financial sector where we’ve seen historic changes, but the auto industry, the travel industry and as business goes the impact to downstream business is also felt. I contend however, that there has never been a better time for high caliber leaders to excel.

In times of flux and crisis, true leaders recognize that cooler, more authentic heads prevail. You’ll see it around you and if you don’t see it – you’re in big trouble. True “power” as a leader will come from knowing who you are and where you stand in your purpose for being a leader. It’s about being that eye in this current storm and the only thing swirling is the myriad of opportunities this climate presents. Here’s just one example.

Right now many businesses and business owners are retreating in their business development and marketing areas. They think, and based on the onslaught of media reports, that people (customers and consumers) are fearful and only focused on the economic crisis – therefore not spending. But we all know that this is cyclical. And consumers still want their families to enjoy the holidays, regardless of what the news reports say. Visit your local Walmart, Target, supermarkets and malls. The parking lots are no less empty, the lines still long. Everyone wants some sense of normalcy in this “crisis”. Those who stop, look for and recognize the opportunities to create something of value, will lead the upturn when the shift occurs.

High Caliber leaders step into the “eye” using the calm to give them access to the possibilities and opportunities others are missing. (Perhaps it’s the sand and dirt from the swirling winds!) Remember that even during the depression, fortunes were being made and the groundwork for future opportunities were being laid. Are you laying your groundwork?

Your key strategy:

Step into the “eye” by taking some time each day to quietly look around you and using a notebook or online document, jot down what you’re observing. Once you begin to look for the opportunities, you’ll see them everywhere. Think RAS – the reticular activation system – this means that if you want to buy a particular brand of car and you start seeing it everywhere. This concept will kick in when you begin to look for opportunities.

Do this for just one week, then on the next weekend, review your notes. What have you observed/learned that would add value to you, your team, organization or business/company?

What would this generate sales revenue, profit or increased marketshare; save in terms of costs, time, and money;?

Select one idea that yields the most benefit and take action on Monday to implement it.

About the Author: Chris Makell is the founder and President of High Caliber Leadership. She works with leaders to effortlessly transition in their personal and professional careers by co-developing their powerful Leader Transition System™ which accelerates their success. In partnership with corporations, she delivers unique and customized leader transition and development programs.
Want to learn the tips, tools and strategies to ensure your transition success? Subscribe to the Visible Difference newsletter and receive a free gift that delivers your leader’s edge at =>
http://www.HighCaliberLeadership.com

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