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Why courage is the key to managing risk

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leadership@smartbrief.com

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Fri, Sep 17, 2021 02:25 PM

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How curiosity can build trust for leaders | Leaders who stop paying attention will hemorrhage talent

How curiosity can build trust for leaders | Leaders who stop paying attention will hemorrhage talent | Read more from Lead Change authors on SmartBrief on Leadership Created for {EMAIL} | [{NAME}]( at [{NAME}]( [For more relevant content - Update Your Profile]( | [Web Version]( September 17, 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 curiosity can build trust for leaders]( Leaders can build trust by being curious about people, asking what kinds of help they need to be more effective, what their goals are and how they want to be rewarded, writes Steve Keating. "You cannot lead people who do not trust you," he writes. Full Story: [LeadToday]( (9/16) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] [Leaders who stop paying attention will hemorrhage talent]( Hearing a young financial leader's story of ill treatment and imminent departure to the competition reminded Michelle Ray that leaders must regularly invest in talent and encourage organizational transformation. "Whether it is a lack of gender or cultural diversity, a massive generational shift or your employees' voices speaking up on a host of social and economic issues, you need to pay close attention to the new realities," writes Ray, CEO of Lead Yourself First Enterprises. Full Story: [SmartBrief/Leadership]( (9/16) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] [Read more]( from Lead Change authors on SmartBrief on Leadership Powering the data explosion with Alphawave IP's IPO The high-speed connectivity solutions provider debuted on the London Stock Exchange with a landmark IPO, expediting growth and expansion from Canada into the UK. [See how Barclays helped]( ADVERTISEMENT: [] Strategic Management [] [Use this system to go beyond traditional budgeting]( Some companies are exploring budget methods besides the traditional model of setting targets, making forecasts and allocating resources, whereas the Beyond Budgeting approach does include those factors but approaches them in more holistic, dynamic and data-driven ways, write Sebastian Stange, Bjarte Bogsnes and Hardik Sheth. This is a change management process that requires persuading executives and the board that, "while having the next year described with accounting precision might sound safe, the only thing we know for sure is that the budget will be wrong," they write. Full Story: [The Boston Consulting Group]( (9/13) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] [Why courage is the key to managing risk]( In the wake of the pandemic, boards and company leaders will need the courage to expand their thinking, make mistakes, and choose progress over perfection, write Michelle Daisley and Lucy Nottingham. "You can broaden your awareness of risk, but channel that worry into a disciplined process that can generate upside too," writes Jonathan Brill of Resilient Growth Partners in a separate essay. Full Story: [NACD BoardTalk]( (9/16), [Corporate Board Member]( (9/8) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] Smarter Communication [] [Why CEOs now have to be storytellers-in-chief]( CEOs have become the chief storyteller of their companies because of changing social norms and new technologies that connect all of us more closely, writes Nick Morgan. "We're finally beginning to let go of the idea that you must be 'male, pale, and stale' to be allowed to run anything real in our culture," he writes. Full Story: [Public Words]( (9/15) [LinkedIn]( [Twitter]( [Facebook]( [Email]( Free eBooks and Resources Free eBooks and resources brought to you by our partners - [Google Chrome Quick Reference Guide]( - [Guide - Uncommon To-Do Lists for Productivity]( - [eBook - 67 Habits of the World's Most Successful People]( - [Best Practices - 5 Ways to De-Stress in Less than 2 Minutes]( - [Guide - Quiz - Are You Burnt Out?]( [] Smarter Living Get your mind and body right each Friday [] [Why "better mistakes tomorrow" is a hopeful mindset]( Morning exercise, learning to break bad habits such as chewing her nails and living by the motto "Let's make better mistakes tomorrow" has helped Women's Health editor-in-chief Liz Plosser stay focused and happy. "I love the idea that we can always start again tomorrow -- a reset awaits every 24 hours," she says. Full Story: [Gretchen Rubin]( (9/16) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] In Their Own Words [] [How a silent retreat helped this leader]( A 33-day silent retreat helped entrepreneur and philanthropist Vijay Eswaran realize that leaders should speak much less than they look, listen, observe and breathe. "When I observe these silences, I find myself going inward, which is very critical because it allows me to create a buffer between myself and the world," he says. Full Story: [BOSS Magazine]( (9/15) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] Daily Diversion [] [Canadian pedestrian bridge is named world's longest]( A pedestrian bridge in Pickering, Ontario, has been declared the longest enclosed bridge of its type, measuring at just over 820 feet. The bridge was built three years ago. Full Story: [CTV (Canada)]( (9/14) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] Editor's Note [] [What are you reading today?]( What are you reading today? Every Friday, we chat on Twitter about the books that are making a difference in our leadership journey. Please [respond to this tweet with your #FridayReads fave](! [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] About The Editor [] James daSilva James daSilva Hi, it's your SmartBrief on Leadership editor! 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? [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 most valuable possession you can own is an open heart. Carlos Santana, guitarist, musician National Hispanic Heritage Month is Sept. 15 to Oct. 15 [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

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