This Week on Great Leadership’s 5 Min Leader Series 📷

We dive into the nuanced differences between collaborative leadership and seeking consensus. While both terms often appear together, understanding their distinct roles can profoundly impact your leadership effectiveness.

The No. 1 skill companies are hiring for is also the hardest to find, according to new research. The skill is... WORK ETHIC!!!!

cnbc.com/2024/05/03/no-…

It's no wonder that one of the things Gen Z is looking for most is job stability. The past few years have been anything but stable and 2024 and beyond is all about getting back to basics in the workplace.

When you find yourself in a new role or unfamiliar situation, take the time to listen to people who have more experience in that area. Think about their advice and learn from it. This will help you become more skilled and confident in your new position.

How do you lead when everyone doesn't agree? While it's important to gather feedback, consensus isn't always effective. Leaders sometimes have to make tough calls alone. My article features a story related to this crucial leadership topic, get the full scoop here:

When leaders are up front about their vulnerability, others are more willing to speak up and step up to address the challenges that lie ahead.
Amy Edmondson, Harvard University Professor of Leadership

The drug company Bayer is looking to get rid of middle managers and 99% of their internal rule book which is almost 1,400 pages long. This is supposed to save the company over $2 billion during the coming years.

Their CEO Bill Anderson wants the nearly 100,000 employees to self

In today's tech-driven market, successful leadership means mastering four key phases: Architect, Organize, Accelerate, and Monetize. Innovation Expert & Dartmouth Professor Vijay Govindarajan, and I discuss this on Apple Podcast. Check it out here:ow.ly/ToEQ50RGQnx

Just wrapped up an incredible talk in Chicago with 600 Cornerstone customers, and a key topic kept coming up: How can leaders use AI tools like ChatGPT to enhance performance reviews & employee feedback? I explore this in my new article on Substack here:

From Gallup:
The Data: For the third consecutive year, Americans cite inflation or the high cost of living (41%) as their family's primary financial issue.

Top Five: Other major financial worries include the cost of homeownership (14%), personal debt (8%), healthcare costs (7%)

Understand the difference between feeling vulnerable and displaying vulnerability. Feeling vulnerable means something you feel inside and can keep to yourself. Showing vulnerability means openly sharing your fears and doubts with others.

Big impact for employees who are now looking for stability in their jobs as opposed to the land grab we have been seeing during Covid where employees were trying to take advantage as much as possible.

Some leaders can give great advice but struggle to follow their own. That's known as Solomon's paradox. I explore this in this latest Substack article and share a simple technique to break free from it, with insights from psychologist Ethan Kross. Check it out here:

We are in the people-business, and we have over a million entrepreneurs around the world. Our relationship with them is the most important. Being vulnerable creates those relationships, and it’s who we hire, how we grow, and how we have achieved success.
Milind Pant, CEO at Amway

On May 23rd I'll be speaking at the Workleap 'Moments That Matter Summit.' It's a free virtual event and I'll be exploring employee experience and the power of moments. Specifically:

-How we got to where we are
-What employee experience is
-Different types of moments that

When you openly share your vulnerabilities, it makes communication easier and changes your role from just being 'the boss' to being a fellow learner.

Before, technology helped make tasks easier to do; right now, it's part of a company's business strategy. Are you ready for this change? If not, you need to check my latest interview with Innovation Expert & Dartmouth Professor Vijay Govindarajan on Apple Podcast!

This week, my team and I are celebrating a fantastic year at greatleadership.substack.com!

Here’s what we’ve achieved together:
🥳Over 1M views!
🥳Grown to 40,000+ subscribers!
🥳Published over2 00 insightful posts!

For only $9.99/month, our paid subscribers enjoy exclusive perks:

Big thanks to Bill Bailey, Senior Vice President - Global Talent and Learning at Sompo International., for the feedback on my Substack! Happy to know that our content is hitting the mark and sparking real changes in the business world. Your support is everything. Thank you!

Did you know 85% of employees perform better when they're motivated? Proper motivation boosts their performance significantly. Yet, many companies still miss the mark on effective motivation strategies. Here are a few ideas on how to motivate your team.