Decisions need a clear decision-maker

How building trust can improve the economy | Decisions need a clear decision-maker | What is noise, and why does it matter for strategy? Created for {EMAIL} | [{NAME}]( at [{NAME}]( [For more relevant content - Update Your Profile]( | [Web Version]( May 25, 2021 CONNECT WITH SMARTBRIEF  [LinkedIn]( [Facebook]( [Twitter]( [SmartBrief on Leadership]( [SmartBrief on Leadership]( Innovative Ideas. Ahead of the Curve. [SIGN UP]( ⋅ [SHARE]( ADVERTISEMENT Leading Edge [] [How building trust can improve the economy]( Trust is a powerful concept that affects business' ability to invest, to increase productivity and ultimately to improve GDP, as seen in examples such as trusting workers to be productive at home, more ambitious R&D projects and decentralized corporate structures, write Deloitte Touche Tohmatsu economists Ira Kalish and Michael Wolf, and Jonathan Holdowsky of Deloitte Services. "Trust has clear implications for the macroeconomy, but that trust is built from the actions taken by businesses and the leaders that guide them," they write. Full Story: [Deloitte]( (5/20) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] [Decisions need a clear decision-maker]( Decision-making is more effective when the desired outcomes are clear and it's known who makes the final decision, write Karin Hurt and David Dye. "You also empower your people to be more influential because when they know who owns the decision, they also know how to share their information," they write. Full Story: [Let's Grow Leaders]( (5/24) [LinkedIn]( [Twitter]( [Facebook]( [Email]( Great Leaders Start Here! Sounding Board helps companies accelerate leadership development with a network of world-class coaches and an integrated technology platform designed to make professional coaching easier to manage, measure and scale. To support your leaders, [click here]( ADVERTISEMENT: [] Strategic Management [] [What is noise, and why does it matter for strategy?]( Noise within organizations isn't just the literal sound levels, but also the variability in the information received, interpreted and acted upon by organizations and individuals. A book by Daniel Kahneman, Olivier Sibony and Cass Sunstein investigates the three main types of decision-making noise, discusses the disastrous effects of underestimating noise and offers a guide to improving "decision hygiene" at your organization. Full Story: [Strategy+Business (free registration)]( (5/19) [LinkedIn]( [Twitter]( [Facebook]( [Email]( Indeed Hiring Platform, an All-in-One Recruiting Solution Introducing Indeed Hiring Platform, a comprehensive recruiting solution that lets recruiters and hiring managers manage the hiring process — from posting a job to interviewing the candidate — [directly on Indeed, with no additional software](. ADVERTISEMENT: [] Smarter Communication [] [5 ways to get more from remote meetings]( Leaders can minimize the frustration of online meetings by guiding the flow, learning more about how participants show engagement and checking in outside of meetings to get feedback, writes Alaina Love. "Navigating a digital communications void demands that leaders more frequently acknowledge and thank employees for their efforts to prevent them from feeling undervalued," she writes. Full Story: [SmartBrief/Leadership]( (5/24) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] [Read more]( from Alaina Love on SmartBrief on Leadership [] [One easy way to improve your next speech]( Speaking more slowly is a simple and effective way to improve the quality of your speeches and presentations, writes Gary Genard. Try filming yourself, review the tape, and try again while being deliberate about your speed and your transitions. Full Story: [The Genard Method]( (5/23) [LinkedIn]( [Twitter]( [Facebook]( [Email]( Recovering from a Year of Burnout Providing employees with support, appreciation, and connection is more important than ever before. Here are [4 tips to reverse workplace burnout]( at your organization. [Read more](. ADVERTISEMENT: Free eBooks and Resources Free eBooks and resources brought to you by our partners - [The Ultimate Excel Resource Guide]( - [Tips & Tricks Guide - Microsoft Excel 2019 Intermediate - Quick Reference Guide]( - [Microsoft Teams - Free Reference Card]( - [Microsoft Excel 2019 Advanced - Quick Reference Guide]( - [EBOOK: Time Management - You're Doing it Wrong]( [] SmartPulse [] How collaborative is your team? Extremely: Everything we do is a team effort 14.62% Very: We generally help one another out and put team before self 35.82% Somewhat: We'll collaborate on important tasks but that's it 20.78% Not very: It takes a crisis and a strong push to drive collaboration 15.32% Not at all: It's every person for themselves 13.46% [] Where's the collaboration? It's a bit unnerving to see that 50% of you are on teams that are "somewhat" or less than that in terms of being collaborative. If you're leading one of these teams, ask yourself what the barriers are to collaboration. Is it trust? Are incentives not aligned? Are there personalities that simply clash? Whatever the source of the lack of collaboration, attack it vigorously. Your team is the biggest impediment to its own success in these situations. If you're not the team leader, but you're a team member, surface these issues to your leader. You have a responsibility to help fix them and, in doing so, you'll be doing something to make your own work life more satisfying. Collaboration is the very definition of a team. If it's not happening, there's no more important business challenge for you to tackle. Right now. -- Mike Figliuolo is managing director of [thoughtLEADERS](, which includes TITAN -- the firm's e-learning platform. Previously, he worked at McKinsey & Co., Capital One and Scotts Miracle-Gro. He is a West Point graduate and author of three leadership books: ["One Piece of Paper,"]( ["Lead Inside the Box"]( and ["The Elegant Pitch."]( [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] POLL QUESTION: Have you ever had a manager you absolutely hated? [Vote]( [Yep! And I work for them right now]( [Vote]( [Yes, but they're in my past]( [Vote]( [No, I haven't had that misfortune]( Sick of biased news? 1440’s got you covered 1440 is the fastest way to an impartial point-of-view. The team at 1440 scours over 100+ media sources ranging from culture and science to sports and politics to create one email that gets you all caught up on the day's events in 5 minutes. It's 100% free, [so sign up for 1440 here.]( ADVERTISEMENT [] In Their Own Words [] [How these 2 companies build resilience in a pandemic]( Building company resilience encompasses everything from supply chain and finance to communication and employee safety and empowerment, says Zoetis CEO Kristin Peck and Don Allan, president and chief financial officer of Stanley Black & Decker. "You really need the two-way dialogue -- not just what we're telling them but also what we're hearing from them -- and to change course based on feedback," Peck says. Full Story: [The Boston Consulting Group]( (5/18) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] Daily Diversion [] [Photos capture humorous moments in nature]( Entries are coming in for the seventh annual Comedy Wildlife Photography Awards, including images of a laughing lion, kangaroos that appear to be dancing, and penguins, a baby rhino and springboks at play. "People love to see these beautiful creatures in these silly situations -- it reminds us that we're not too dissimilar," says contest co-founder Tom Sullam. Full Story: [My Modern Metropolis]( (5/21) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] About The Editor [] James daSilva James daSilva Hi, it's your SmartBrief on Leadership editor! I've had the great fortune of editing this email for nearly 10 years. Before that, I was a copy editor, including at a small daily newspaper in upstate New York. Thank you for reading and subscribing. I know you don't need to read SmartBrief on Leadership. Rather, you're here because you're on the lifelong journey of being a better leader, communicator and thinker. If this newsletter helps you, please tell your colleagues, friends or anyone who can benefit. Forward them this email, or [send this link](. What topics do you see in your daily work that I should know about? Do you have praise? Criticism? A favorite story from The Onion? [Drop me a note.](mailto:jdasilva@smartbrief.com) [LinkedIn]( [Twitter]( [Facebook]( [Email]( Sharing SmartBrief on Leadership with your network keeps the quality of content high and these newsletters free. Help Spread the Word [SHARE]( Or copy and share your personalized link: smartbrief.com/leadership/?referrerId=japnABMSAp [] [] The power of visibility can never be underestimated. Margaret Cho, comedian, actor, musician, writer May is Asian American and Pacific Islander Heritage Month [LinkedIn]( [Twitter]( [Facebook]( [Email](   SmartBrief publishes more than 200 free industry newsletters - [Browse our portfolio]( [Sign Up]( | [Update Profile]( | [Advertise with SmartBrief]( [Unsubscribe]( | [Privacy policy]( CONTACT US: [FEEDBACK](mailto:leadership@smartbrief.com) | [ADVERTISE](mailto:lengel@smartbrief.com) SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004