Archive

Embrace the highs and lows

Gary Vaynerchuk, a bestselling author, quotes, “The skill sets it takes to be a successful entrepreneur, a successful marketer, or a relevant celebrity is a different skill set than you needed ten years ago, even though that was the skill set that mattered for decades.” In this age of rapid digitization, network marketers are required to keep up with technology, more so, social media. Building the right relationships or networking is critical as the connections created largely determine the opportunities available. Jennifer Turnage and Megan Sumrell, authors of Honey, You Got This! Technology Made Easy for Network Marketers make known the trending concept of network marketing and how working smarter and not harder is made possible with technology.

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‘Leaders’ of a different kind

At an organizational level, in a sense, millennials are change-makers. While not taking the expected course, they demand a relook at many aspects, hitherto considered beyond the scope of change. For instance, they bring home the fact that impactful leadership, in no context, can operate within a command and control paradigm; it has to be democratic, and involve guiding, coaching, supporting, and facilitating.

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Fight it young

According to a research study report by Chestnut Global Partners India and SHRM India, chronic, and lifestyle-related health issues are growing rapidly among the so-called ‘Young India workforce’. It is predicted that by 2025, India will have more than 57 percent of the population suffering from diabetes.1 Another study by the Mental Health Foundation revealed that millennials joining the workforce felt more under pressure at work than their baby boomer colleagues, with 28 percent stating that working through stress was expected in their job.2 Arianna Huffington founded Thrive Global to eradicate stress from organizations by providing science-based solutions. In an exclusive interview with The Smart Manager, Dr Marcus Ranney sheds light on workplace stress for millennials and how organizations can enhance productivity by prioritizing individual
well-being.

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Entitlement, a millennial problem?

“It’s easy to measure diversity: It’s a simple matter of headcount. But quantifying feelings of inclusion can be dicey. Understanding that narrative along with the numbers is what really draws the picture for companies.”*
What is the true measure of inclusivity, especially when multiple generations are at work? How can businesses stop lamenting over the lack of sameness and start leveraging the strength of differences?

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Dive deep

‘Generation gap’ has always been a hard reality. It is then intriguing why there is so much talk only about millennials. Perhaps, because the differences are more stark—globalization, technological advancements, and social media have shaped their minds and lives in a totally different manner. Unfortunately, many organizations fail to understand and accept this. They perceive millennials as a puzzle and while attempting to engage them, try to fit them into the straitjacket of an old order. As Dr Debashish Sengupta points out, understand the core of Ys before engaging them.

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Break down barriers

In You Can’t Google It! The Compelling Case for Cross-Generational Conversations at Work, Phyllis Weiss Haserot writes, “I have seen tensions, frustrations, misunderstandings, disconnects and unnecessary divides develop among age cohorts at work. And it’s unnecessary, avoidable, and costs organizations money, talent, and clients/customers.”
Organizations should promote and foster cross-generational communication as it is key to productivity and profitability.

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One small step, one big change

The image of women being caught in a stifled existence does not come as a surprise to most of us. In many cultures, they continue to be the less privileged, their basic needs unaddressed, and their ambitions and goals put on the back burner.
What can effect a transformation? Where does one start? Perhaps, with an individual or a small group, and then replicate the success on a larger canvas.

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Blow with the wind

A company’s response to change determines its chances of survival—as Jonathan MacDonald writes in his recent book, “When the winds of change blow, some people build walls and others build windmills.”

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Creative core

A company’s most important asset isn’t raw materials, transportation systems, or political influence. It’s creative capital—simply put, an arsenal of creative thinkers whose ideas can be turned into valuable products and services. Creative employees pioneer new technologies, birth new industries, and power economic growth… If you want your company to succeed, these are the people you entrust it to. That much is certain. What’s less certain is how to manage for maximum creativity.*
Creative management is a complex process, but mastering it is imperative for those who want to deliver true value.

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Bright leaders, right opportunities

In an earlier interview with The Smart Manager, Rita McGrath, author of The End of Competitive Advantage, said, “In organizations, we always think the sins of commission are the ones that might be punished. In smart companies in the future, we are also going to think about sins of omission—not taking the appropriate chances or pursuing the appropriate opportunities for the future.” Consciously looking for opportunities and leveraging the best among them defines the path to survival in the long term.

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