Leaders in title only are costly

Help your passionate employees unleash their energies | Leaders in title only are costly | Corporations can become addicted to debt Created for {EMAIL} | [Web Version] June 28, 2016 CONNECT WITH SMARTBRIEF  [LinkedIn] [Facebook] [Twitter] [Google+] [Â] [SmartBrief on Leadership] Innovative Ideas. Ahead of the Curve. [SIGN UP] ⋅ [FORWARD] Leading Edge [Help your passionate employees unleash their energies] Forward-thinking leaders recognize that companies should place passionate, driven team members in roles where their hard work and dedication will be rewarded. "Discretionary effort unleashes a level of enthusiasm and productivity that a company can't afford to pay for," writes Alaina Love. [SmartBrief/Leadership] (6/27) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] [Leaders in title only are costly] Many so-called leaders have a title but won't take risk, Steve Keating writes. They are expensive in two ways: costing more today than someone without the title would and costing more tomorrow because they don't develop anyone, he writes. [LeadToday blog] (6/26) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] From Great Idea to Successful Mobile App Whether you're the founder of a startup or a product strategist at a Fortune 500 company, this ebook will help you create an app that delivers real value for your business and your customers. From strategy through design and engineering, [get the valuable insights you need before you start any project.] ADVERTISEMENT Strategic Management [Corporations can become addicted to debt] Shareholder pressure, government policy and other factors lead companies to take on unhealthy levels of debt, [say researchers] from Stanford University and Germany. Heavily leveraged companies are less inclined to invest in projects even if they aren't financially at risk, the researchers argue. [Stanford University Graduate School of Business] (6/17) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] [High drug prices? Big data might be able to help] Pharmacy benefit managers are taking advantage of the prescription data at their disposal to control costs -- identifying generics that can substitute for expensive brand drugs, for instance. "Sometimes we're looking at patterns at a very broad-based level, sometimes at an individual level," says Andrea Marks, chief analytics officer at OptumRx. [Bloomberg] (6/27), [Consumer Reports] (8/2016) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] 5 Ways to Grow Your Online Business Your e-commerce site is up and running. Now it's time to attract new customers to your site, turn them from browsers into buyers, and keep them coming back. [Get the guide now] ADVERTISEMENT Smarter Communication [Using positivity to deal with negativity] Try dealing with negativity by focusing on positive and generous actions rather than your feelings about the person, psychiatrist Dr. Mark Goulston says. "The people who truly are negative may come around, at least a little. And the people who aren't truly negative ... will respond to your new behavior with relief, gratitude, and warmth," he says. [Business Insider] (6/22) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] Innovation & Creativity A weekly spotlight on making the next big thing happen [The formula for fostering innovation] When Jeff Immelt became General Electric CEO, he decided the company's path to growth was to task executives with an annual goal of a few ideas that could each bring in $100 million or more in incremental growth. Immelt's plan is a good example of a balanced challenge, one that pushes people without being impossible, Amantha Imber writes. [SmartBrief/Leadership] (6/27) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] SmartPulse How authentic are you as a leader? Very -- My team knows the "true" me with a few exceptions 53.96% Extremely -- Everyone knows pretty much everything about who I am 28.47% Kind of -- My team knows me but not as well as they could 13.61% Not very -- I tend to wear a "work face" most of the time 3.22% Not at all -- I'm a totally different person at work than who I really am 0.74% Show them the real you. Authenticity boils down to stripping away pretenses and making yourself vulnerable. Until your people know the real you, they won't fully trust you. Take a risk. Share something personal. Tell them about a time you failed, things you're afraid of, and what you feel strongly about. Don't let them walk around thinking you believe you're infallible because we all know every one of us has flaws and failings. Strip out the buzzwords and eliminate the "corporate aura" if you want to [make powerful connections] with your team members. If you're afraid to try this, start small. Tell them about a failure and see how the conversation goes. It'll be more impactful and hurt less than you think. -- Mike Figliuolo is managing director of [ThoughtLeaders] and the host of the upcoming [Executive Insight 16], a leadership conference being held in New York City this November. How do you view deferring important training to future dates? [Vote] [Totally unacceptable: When there's a skill gap, fill it immediately.] [Vote] [Not a good idea: Only defer training if there's a critical reason.] [Vote] [Not a big deal: It's OK if it's deferred. We'll get to it eventually.] [Vote] [Totally fine: Training is pretty low priority.] [Vote] [Who cares? Training is just a waste of time.] In Their Own Words [Mindy Kaling is not her character] Mindy Kaling of "The Mindy Project" knows that people see her television character and make judgments about the actress and showrunner's professional capabilities. People "think I just show up and vamp around and wear lipstick and make a couple of pop-culture references, then get in my convertible and drive back to my Barbie mansion," she says. [Elle magazine] (7/1) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] Daily Diversion [Why thieves target large food shipments] Law enforcement officials say thefts of large food shipments are more common than people realize, as it's hard to track stolen food and the penalties for food thieves are relatively lenient. Sizable attempted food thefts in recent years include a shipment of 42,000 pounds of Muenster cheese valued at more than $200,000 and a shipment of shrimp valued at $158,000. [Eater] (6/22) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] Managers are people who do things right, and leaders are people who do the right thing. Warren Bennis, business consultant [LinkedIn] [Twitter] [Facebook] [Google+] [Email] [Sign Up] [SmartBrief offers 200+ newsletters] [Advertise] [Learn more about the SmartBrief audience] Subscriber Tools: [Manage Subscriptions] [Update Your Profile] [Unsubscribe] [Send Feedback] [Archive] [Search] Contact Us: Jobs Contact - [jobhelp@smartbrief.com] Advertising - [Laura Thompson] Editor - [James daSilva] Contributing Editor - [Ben Whitford] Mailing Address: SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004 © 1999-2016 SmartBrief, Inc.® [Privacy policy] | [Legal Information] Â