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Top 10 Leadership and Business Strategy Tips

Here are my top 10 leadership and business strategy tips that resonate strongly with me. These principles drive growth, foster collaboration, and inspire transformation. Whether you’re a seasoned executive, an aspiring leader, or an entrepreneur looking to make your mark, I hope you’ll find these strategies valuable and transformative in your leadership journey.

Top 10 Leadership and Business Strategy Tips

1 . Lead with purpose: Articulate a compelling vision that aligns with the organization to inspire and motivate others.

2. Communicate Effectively: Clearly convey your vision, expectations, and feedback to your team.

3. Set Clear Goals: Establish specific, measurable, action-oriented, risky, timely and time-bound, exciting, and relevant (SMARTER) goals.

4. Lead by Example: Exemplify professionalism and integrity to inspire your team and set a high standard.

5. Foster a Positive Culture: Encourage a supportive, respectful, and positive workplace culture.

6. Delegate wisely: Assign tasks based on team members’ strengths, provide guidance, and empower them.

7. Develop Effective Project Management Skills: Build a foundation of project management expertise to ensure efficient execution and delivery of initiatives.

8. Provide Constructive Feedback: Offer specific, timely, and actionable feedback to help your team grow.

9. Lead with Empathy: Understand and support your team members’ needs and challenges.

10. Develop your Emotional Intelligence: Cultivate self-awareness, empathy, and relationship-building skills.

I encourage you to focus on at least three of the above leadership and business principles that resonate with you. Interested in learning more? Read my Top 55 Leadership and Business Strategy Tips.

Remember, embrace the brilliance of those around you and never stop learning and evolving!

If you have any questions about these strategy tips or want to learn more about the powerful benefits of executive coaching to elevate your leadership success, please reach out to askme@jennyreilly.com and book a complimentary 30-minute strategy session.  If you want monthly leadership tips, sign up for my JRC newsletter.

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Five Strategies to Help Break Free From Imposter Syndrome

Imposter syndrome is a common experience many people face at some point in their careers. Have you ever found yourself overwhelmed by worries such as:

  • Feeling the constant pressure to do and be better.
  • Fearing that your colleagues think you shouldn’t have received your promotion or be in your current role and dreading the thought of being exposed.
  • Doubting your qualifications and believing you lack the necessary experience for your job.
  • Feeling like you’re faking it, convinced you don’t possess the skills, knowledge, or confidence required for your position.

If these fears sound familiar, let me assure you that you are not alone. Imposter syndrome is a phenomenon where doubts and self-questioning arise, making you question your achievements and worthiness. It’s the nagging feeling that maybe luck, chance, or accident played a more significant role in your success than your actual abilities.

Even at this stage in my career, I pause and recalibrate when I find myself caught in the vortex of feeling like an imposter. It’s something many of us go through. In fact, one of my clients recently shared that even after owning and leading an exceptionally successful company for over 30 years, he still experiences these feelings.

According to an article published in the Harvard Business Review, an estimated 70% of adults experience imposter syndrome at some point in their lives, no matter their background, education or experience. I’ve worked with numerous individuals who have an impressive list of accomplishments and are undeniably successful, and yet, they still struggle with feeling like frauds or undeserving of their success.

Continually second-guessing yourself and your actions can completely derail your path to success. If you find yourself on a cycle of setting impossible goals, sacrificing work/life balance, constantly questioning your judgment, or sabotaging your success, it’s time for a reboot.

“Not everything that is faced can be changed, but nothing can be changed until it is faced.” – James Baldwin

Five Strategies to Help You Navigate Imposter Syndrome

  1. Review your goals:  Ensure that your goals are “S.M.A.R.T.E.R” – specific, measurable, actionable, risky, time-bound, exciting, and relevant. Identify each goal’s “what, why, how, and when” and start tracking associated tasks. Tools like Asana can help you stay organized and on top of your goals and projects.
  2. Watch for red flags: Be aware of unsustainable work habits, withdrawal from collaboration, hesitancy to speak up or ask questions, and the use of endless excuses when timelines are not met. These behaviours can be indicators of imposter syndrome affecting your performance.
  3. Address imposter syndrome head-on: When these feelings arise, try to detach yourself from the emotions and focus on the facts of the situation. Challenge negative self-talk and remind yourself of your accomplishments and capabilities.
  4. Evaluate your growth objectively: Instead of constantly comparing yourself to others, review your performance growth in objective terms. Embrace the evidence of your capabilities and the value you bring to your role. Look at how far you’ve come and the progress you’ve made, independent of competitive comparisons.
  5. Share your insecurities: Opening up and sharing your imposter syndrome feelings with trusted colleagues or mentors can help normalize what you’re experiencing. It often reveals that others have faced similar challenges and can provide support and guidance.

 

If you have any questions about Imposter Syndrome or want to learn more about the powerful benefits of executive coaching to elevate your leadership success, please reach out to askme@jennyreilly.com and book a complimentary 30-minute strategy session.  If you want monthly leadership tips, sign up for my JRC newsletter.

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Tactics to Help You in Periods of Professional Transitions

Do you find yourself answering “YES” to any of the questions below?

  • Are you making or thinking about a career transition this year?
  • Are you in the process of turning your business, department, or team around?
  • Have you recently been promoted and struggling to determine what to focus on first?
  • Are you considering a move into a different area of the business or a geographical move in your job?
  • Are you in the position where you now lead some of your former peers?

Your professional life is made up of one transition after another. All professional transitions provides you with the ability to shine, falter or fail. Shine, and you will advance. Falter, and you may lose the credibility and trust of your colleagues. Fail, and you may not recover if you don’t have the right attitude or outlook to learn from your mistakes and move forward.

‘What got you here won’t get you there.’
~ Marshall Goldsmith

 Steps to Help During Professional Transitions

  1. Determine what you need to learn – fast. How does the company, unit or team operate? Who has influence and why? What internal and external alliances can help support you in your role?
  2. Identify your ‘A’ priorities. Along with A priorities, integrate changes that need to be made in the structure and processes to increase efficiency, productivity and the triple bottom line.
  3. Outline your vision, goals and strategic intent in the position. Be communicative and transparent.
  4. Build your team. If you are taking over leading a team, evaluate your people. Determine if they are in the right seat, need development or are not a good fit.
  5. Focus on early wins. Identify the most pressing weaknesses and make the necessary changes to turn those around. This will help you build credibility in your position.

‘ You only know what you know.’
~ Loretta Swit

If you have any questions about professional transitions or want to learn more on the powerful benefits of executive coaching to elevate your success, please contact us or reach out directly to jenny@jennyreilly.com and book a complimentary 30-minute strategy session.

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PROJECT SUCCESS AND FAILURE POST-MORTEM

Institute a systematic project success and failure post-mortem after every project. The post-mortem is a critical component of a project life cycle. The review should stimulate discussion around six recommended questions:

  1. What was the project’s objective, and what did we set out to do?
  2. What actually happened during the project?
  3. Why did the project go the way it did?
  4. What are the top three things we would do again in the same situation?
  5. What are the top three things that did not work in the project that we would not do again?
  6. What lessons can we take from this experience to the next project?

 

‘Not everything that counts can be counted, and not everything that can be counted counts.’
– Albert Einstein

 

FAIL FAST AND LEARN

Failure is derived from a Latin word that can be interpreted as ‘to stumble’ or ‘to trip.’ An essential capacity for individuals and companies to develop is the ability to learn from failures.

For many of us, COVID forced us to look at different ways to provide our services, manufacture our products, connect with our clients, conduct business remotely and operate under challenging restrictions.

We had to experiment and do things differently, some options worked, and some failed. Inevitably failures are a consequence of doing something new, and critical lessons can provide a complete picture of the costs and benefits related to assets, liabilities and the bottom line.

COSTS

  • What were the labor, material, and production costs?
  • What were the internal costs to the failure, the effect on morale or any fallout?
  • What were the external costs reputationally with our customers or on the market?

CUSTOMERS

  • What assumptions did we make around our customer’s needs?
  • What assumptions need to be updated?

TEAM

  • How effective were we working together?
  • What processes, structures or cultural items need our attention?
  • What skills do we need to focus on improving or gaining?

TRENDS

  • What did we learn about trends that directly affect our business?
  • What forecasts need adjusting?

BOTTOM LINE

What were the critical business insights learned?

WHAT HAVE YOU LEARNT OVER THE FIRST SIX MONTHS OF 2022 regarding your:

  • Business culture
  • Current organizational direction and strategies
  • Customers dynamics
  • Future trends
  • Processes, and
  • The changing market

 

‘ All organizations are perfectly designed to get the results they are now getting. If we want different results, we must change the way we do things.’
– Tom Northup

 

BUSINESS BOOK OF THE MONTH

CEO Excellence

 

 

 

CEO Excellence: The Six Mindsets That Distinguish the Best Leaders from the Rest
By Carolyn Dewar, Scott Keller, and Vikram Malhotra
Senior partners at McKinsey & Company

 

 

 

 

If you want monthly leadership and professional development tips, sign up for my JRC newsletter or check out my social media on Instagram for top leadership advice throughout the year. For any questions regarding conducting a project success and failure post-mortem, please feel free to reach out. Connect with me.