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At LeadershipNow, we want to change the way you think about leadership. It is not about position. Leadership is everybody's business. It is for men, women and children. It is for families, business and communities. It is for you.
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 |  | Leaders aren't born, they're developed. Continue your development with the leadership books and resources found at the LeaderShop!
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  |  | June 29, 2009
The Upside of the Downturn
While we recognize that nothing good can be said about the misery that people are experiencing as a result of the current financial crisis, it is a “rare moment when we all face the greatest possible opportunity to make ourselves winners for a long time to come,” says Geoff Colvin in The Upside of the Downturn.
In his standard brisk, clean and engaging style, Colvin argues that the recession has created a new world in which the U.S. economy will be less consumer driven and consumer focused, social attitudes toward working, saving, spending, and borrowing will shift, the world economy will become less U.S. centric, investors will remain spooked for a long time, and, as you might expect, government will play a much larger role. He contends that the best companies will respond in ten particular ways beginning with resetting your priorities. To borrow from Max DePree, "the first responsibility of a leader is to define reality" and then to understand exactly what that means for you and your organization or as Colvin puts it, “to understand the challenges of what you see, is the first crucial step toward finding opportunities in this recession.” Read More... |  |
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 |  | Designing Incentives: What Are You Rewarding?
19th century palaeontologists traveling to China used to pay peasants for each fragment of dinosaur bone (dinosaur fossils) that they produced. They later discovered that peasants dug up the bones and then smashed them into multiple pieces to maximize their payments.
SOURCE: Bill Bryson, A Short History of Nearly Everything (2003) |  |
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