What Roman emperors can teach CEOs about succession

What happens when companies value money over people | Are you stalled, stuck or stale in your leadership? | Read more from Steve McKee on SmartBrief on Leadership Created for {EMAIL} | [{NAME}]( at [{NAME}]( [For more relevant content - Update Your Profile]( | [Web Version]( December 8, 2022 CONNECT WITH SMARTBRIEF  [LinkedIn]( [Facebook]( [Twitter]( [SmartBrief on Leadership]( Innovative Ideas. Ahead of the Curve. [SIGN UP]( ⋅ [SHARE]( ADVERTISEMENT Leading Edge [] [What happens when companies value money over people]( Companies that value profits over training and treating their people well are less innovative, have trouble engaging and retaining employees and damage their reputation, writes Lolly Daskal. "Prospective employees and even clients and investors will avoid a poorly rated company," Daskal writes. Full Story: [Lolly Daskal]( (12/6) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] [Are you stalled, stuck or stale in your leadership?]( Leaders can judge where they are at any given moment by asking this question: "Am I on my heels, standing still or leaning forward?" writes Steve McKee. Paradoxically, you may be in one or all three states at the same time in different areas of leadership, but McKee writes that it's important to find even the smallest way to move forward because "nobody will follow a leader who's standing still." Full Story: [SmartBrief/Leadership]( (12/7) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] [Read more]( from Steve McKee on SmartBrief on Leadership Helping workers who are also caregivers Employers, here's a way to show your support for workers who are also family caregivers. The on-demand Prepare to Care Workshop offers tips and resources and can make caring for a loved one more manageable. [Ask your employees to register today.]( ADVERTISEMENT: [] Strategic Management [] [What Roman emperors can teach CEOs about succession]( CEOs seeking a successor can learn lessons from the so-called Five Good Emperors of Rome, who carefully adopted and groomed those who came after them to carry on their legacy, writes Michael Nathanson, CEO of The Colony Group. CEOs, Nathanson cautions, "have an obligation not to compete with their potential successors but to view them as guarantors of organizational continuity and their own individual legacies." Full Story: [Chief Executive]( (12/6) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] [Why loyal customers are key to riding out a bad economy]( The basic guideline "that it costs five times more to win a new customer than to keep a current one" is a reminder to companies to make the sometimes counterintuitive move of redirecting resources to loyal customers during economic turbulence, writes ChurnZero CEO You Mon Tsang. Certain steps can minimize customer churn, including engaging with at-risk customers and creating "repeatable solutions" to keep them. Full Story: [Harvard Business Review (tiered subscription model)]( (12/5) [LinkedIn]( [Twitter]( [Facebook]( [Email]( Elevate your skills with SHRM Education Stay current on the latest trends and get the tools you need to profoundly change your workplace with SHRM educational programs. [Register today.]( ADVERTISEMENT: [] Smarter Communication [] [Why apologizing is a leadership superpower]( Apologizing for a mistake builds a leader's credibility, deepens trust and relationships with the team and creates a culture of caring and accountability, writes Terri Klass. "Our colleagues will value our leadership if they feel we are willing to hold ourselves accountable for our actions and words," Klass writes. Full Story: [Terri Klass Consulting]( (12/4) [LinkedIn]( [Twitter]( [Facebook]( [Email]( The Growing Role of Private Capital The size and influence of private capital on the global economy today is staggering, and the resulting transformation is opening new investment opportunities — and new risks — for institutional investors. Learn more in PGIM's latest Megatrends research, The New Dynamics of Private Markets. [Learn more]( ADVERTISEMENT: Free eBooks and Resources Free eBooks and resources brought to you by our sponsors - [4 Simple Productivity Improvement Points To Dominate Your Day]( - [The Ultimate Guide To Developing Self-Discipline]( - [30 Life Lessons Learned in 30 Years]( - [How to Find Average Salary Information for US Workers]( - ["I Will Teach You to be Rich" Book Summary]( [] In Their Own Words [] [How the best leaders use crises to become resilient]( The best leaders are those who can see difficulties such as layoffs or illness as opportunities "to look deeper into themselves and build resilience and emotional intelligence," says Bill George, former chair and CEO of the medical device company Medtronic. His advice to Generation Z leaders is "not to get stuck in the reel world and be more part of the real world," by going back to the office to connect with colleagues and senior leaders. Full Story: [Forbes (tiered subscription model)]( (12/7) [LinkedIn]( [Twitter]( [Facebook]( [Email](   [] Daily Diversion [] [NYC seeks big cheese to eradicate city's rodents]( If you have a "virulent vehemence for vermin," along with experience in government and urban planning, you could be New York City's next big cheese as the director of rodent mitigation, charged with ridding the Big Apple of rats. The top candidate, according to [the job ad](, will have a "swashbuckling attitude" in addition to "stamina and stagecraft." Full Story: [CNN]( (12/3) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] Editor's Note [] More insights from SmartBrief SmartBrief publishes original analysis and insights in addition to its more than [200 free email newsletters](. Here's what you might have missed: - [Building a culture of gratitude]( - [What's ahead in health and wellness in 2023?]( - [How to use AI-based translation in your marketing strategy]( [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] SmartBreak: Question of the Day [] POLL QUESTION: Who was Mexican muralist Diego Rivera, born this day in 1886, once married to? Check your answer in [Rivera's bio](. [Vote]( [Georgia O'Keeffe]( [Vote]( [Frida Kahlo]( [Vote]( [Mary Cassatt]( [Vote]( [Yayoi Kusama]( [] The answer to Wednesday's quiz: Who was the last human to stand on the moon 50 years ago today? Eugene Cernan was the mission commander on Apollo 17, the last manned mission to the moon in 1972, and was the last to climb back aboard the capsule for the journey home. [See how your fellow readers answered](. Sharing SmartBrief on Leadership with your network keeps the quality of content high and these newsletters free. 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