Why wise CEOs embrace both risk and diversification | 15 ways to cultivate inner peace as a leader | Key considerations to form innovation partnerships
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[] Leading Edge
[] [Why wise CEOs embrace both risk and diversification](
Mature CEOs are not afraid of pursuing multiple avenues of growth and have developed a tolerance for risk and potential failure, writes Gregg Johnson, CEO of Invoca. "You can't innovate and lead a market if you won't accept the risk that a new product or project might fail," Johnson writes. Full Story: [Chief Executive]( (7/19)
[LinkedIn]( [Twitter]( [Facebook]( [Email]( [] [15 ways to cultivate inner peace as a leader](
Leaders can create peace around them when they cultivate it inside themselves by practicing gratitude, creating relationships based on trust, taking responsibility and seeking the best for everyone, writes Frank Sonnenberg. "Seek areas of common interest, where everyone can benefit, rather than on optimizing your individual situation," Sonnenberg writes. Full Story: [Frank Sonnenberg Online]( (7/19)
[LinkedIn]( [Twitter]( [Facebook]( [Email]( [] Strategic Management
[] [Key considerations to form innovation partnerships](
Companies can effectively tap into the talent and potential of innovation ecosystems by following the proper framework, according to Philip Budden and Fiona Murray with the MIT Sloan School of Management. "To achieve their goals for innovation, companies need to take a systematic approach to identifying and securing competitive advantage from working with these innovation communities," they write. Full Story: [MIT Sloan Management Review (tiered subscription model)]( (7/20)
[LinkedIn]( [Twitter]( [Facebook]( [Email]( [] Smarter Communication
[] [This "magical question triangle" can spur curiosity](
Asking questions can help leaders gather information, solve problems more effectively and create a sense of connection with those around them, writes Pia Lauritzen, co-founder of Qvest. Lauritzen outlines the six components of "the magical question triangle," which lies at the heart of an inquiry-driven culture. Full Story: [Strategy+Business]( (7/20)
[LinkedIn]( [Twitter]( [Facebook]( [Email]( [] [A little praise goes a long way in employee satisfaction](
A report from Achievers Workforce Institute found that 90% of employees believe they work harder after being recognized for their efforts, and Laura Weisberg, associate professor at Duke University, says leaders should look for more opportunities to praise others. "It gives us a nice hit of something positive that contributes to us continuing to make an effort, as opposed to when we feel like we're doing our best but it's in a vacuum and nobody sees us and nobody recognizes us," Weisberg says. Full Story: [Duke Today (Duke University)]( (7/20)
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[] [Coach K to leaders: You won't get to the destination alone](
Mike Krzyzewski, who has retired from his position as Duke University men's basketball coach after becoming the coach with the most wins of all time in Division I, says the best piece of leadership advice he ever received was from his mother. "Only let good people on your bus because you're never going to get to your destination alone," Krzyzewski says, quoting his mother. Full Story: [Duke University Fuqua School of Business]( (7/20)
[LinkedIn]( [Twitter]( [Facebook]( [Email]( [] Daily Diversion
[] [The Chainsmokers plan performance 20 miles above Earth](
The Chainsmokers have signed with space tourism business World View to be part of the company's inaugural flights in 2024 and will perform their songs about 20 miles above the Earth. World View CEO Ryan Hartman says he was inspired to pick The Chainsmokers for the mission after hearing his son sing their lyrics. Full Story: [The Associated Press]( (7/18)
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