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Stunning Stats On Executive PayPosted in Leadership on January 25, 2012 by Dawn Sillett So while the great and good enjoy the sun, snow and schmoozing in Davos, I can’t help but wonder what they’ll have to say about executive pay. We’ve been hearing a lot about fat cats, bankers’ bonuses and spreading perceptions of inequality, even protests. But is it really that bad? Should you know anyone who’s going to the Swiss speech-fest, here are a few stats to enliven the conversation. According to research by the University of Exeter Business School, executive pay is a 'potential timebomb'. Professor Annie Pye’s study reports that the average annual salary for a CEO of a FTSE 100 listed company was £150,000 in 1987. Today that figure is £4million. Tags: directors' salaries, reward, executive pay, dstc, dawn sillett, leadership Who Wants To Be The CEO? Why CEOs Are Packing It InPosted in Leadership on December 21, 2011 by Dawn Sillett Top corporate recruitment firm MBS Group has talked to CEOs who have made the switch from running ‘Big Corp’ to smaller concerns. It makes for insightful reading. MBS Group’s report cites six key reasons why CEOs are packing their bags:
So what’s to be done? Tags: MBS Group, pressure, exhaustion, CEOs, development matters, dstc, dawn sillett, leadership Presentation Tips: Lessons From The AncientsPosted in Presentation Tips on July 27, 2011 by Dawn Sillett “What, presentation tips from my Gran?!” No. Not quite. Presentation tips from the ancient Greeks: specifically for this post, from Aristotle (384 - 322 B.C.). The philosopher has some handy presentation tips for us that have survived remarkably well down the years. To influence and persuade an audience, he said, we need to achieve the winning combination of Ethos, Pathos, and Logos. Those words sound so familiar: they show up in much contemporary vocabulary. So, in this context, what do they mean? Ethos - is about credibility with our audience; the reasons why they could and should respect what we have to say. This might be based on our expertise, track record, qualifications, experience and achievements. It’s also about our integrity: ever heard a credible speaker, who knew their stuff, but something just didn’t connect with you? I know I have. And that was probably due to a lack of integrity, or Ethos. Rather than blandish your track record about at the beginning, you can gain credibility subtly through the examples and anecdotes you use to bring your presentation to life. As Aristotle said, “Character may almost be called the most effective means to persuasion.” Tags: development matters, personal effectiveness, dstc, dawn sillett, leadership, presentation skills Ask A Coach: I’ve Been Told To ‘Raise My Profile’ – Help!Posted in Ask a coach on July 20, 2011 by Dawn Sillett Ah yes. The ‘raise your profile’ objective. This comes up in quite a few appraisals. Indeed, long long ago and far away, I think it may have figured in one of mine. At the time I thought, “OK, yeah, raise my profile, right”. Then as the days and weeks went by, I realised I had so little idea of what it actually meant that I had zero idea of what to do. All I knew was my profile had been deemed low, and up until that point I’d been completely unaware of it being an issue. So offered below are some thoughts to help you handle the sticky business of profile-raising: As with all vague goals and objectives, we are doomed to fail unless we get some more specific detail. So the first step is to ask the goal-setter(s) how they will know you’ve succeeded in raising your profile. Keep questioning until you’re getting some tangibles on this. Clue: metrics and verbs are good. Waffle and adjectives such as ‘gravitas’, ‘proactive’, and ‘strategic’ are far less helpful as they’re open to misinterpretation. How will people know you’re being proactive, strategic or have gravitas? What will you be doing, saying - and not doing, saying? And what super-objective will be served by you doing all this? More projects, revenue, opportunities? Tags: leadership, dawn sillett, dstc, coaching, development matters, Personal branding Nurture Your Personal NetworkPosted in Career Planning on July 13, 2011 by Dawn Sillett The old adage, “It’s not what you know, it’s who you know”, still holds true, even in this hooked-up-to-everyone-I’ve-ever-known age. But now that we can have thousands of ‘friends’ and be ‘liked’ by people we’ve never met, how can we ensure our personal network is working for us? Here are some tips for nurturing your personal network:
Tags: personal network, Personal branding, development matters, coaching, dstc, dawn sillett, leadership Ask a coach: how can I boost my personal branding?Posted in Ask a coach on July 07, 2011 by Dawn Sillett Good question. And I can’t help wondering if ‘personal branding’ is a term you’ve heard in an appraisal or read online or in the press recently. There’s a lot of it about at the moment, along with its close relative ‘reputation management’. Can the thinking and frameworks that underpin a successful detergent, car, computer or retailer really translate to an individual living being? Yes. If you think about your favourite brands, there’s a lot that can be applied on a personal level. Much of what makes a brand successful is how it appeals and delivers on a human level. Look in the literature and you’ll often find ‘brand’ defined as a promise, a contract with the buyer. This isn’t just a slogan or strapline: the best brands manifest their promise in every aspect of what they do. So let’s tackle you as a brand, which means doing a ‘brand audit’.
Tags: Personal branding, development matters, career planning, personal effectiveness, personal development, leadership, Ask a coach, Management development Leading TeamsPosted in Managing Performance on June 29, 2011 by Dawn Sillett If you’re a team leader, you need to understand the dynamics at play in teams. Or more accurately, the interplay between the different individuals in a group. Unless and until the group has progressed through the initial stages, it actually isn’t functioning as a team at all, even if it’s called one. Right from the start, the purpose of the team needs to be articulated, and people will need reminding of it from time to time. In most workplaces, it’s good practice to link the team’s goals to those of the broader organisation. When everyone knows why they are there and how their team contributes to the bigger picture, the team is starting to progress. Tags: teams at work, development matters, coaching, dawn sillett, goal setting, leadership Ask A Coach: What Can I Do About Conflict In My Team?Posted in Managing Performance on June 21, 2011 by Dawn Sillett Well, it depends. If your team is healthy, there will be different approaches, diverse ideas and challenges to the status quo. Managing these differences is what makes for a strong team. Whereas weak teams lack diversity: it’s all vanilla. See my previous post on ground-rules for teams. However, some conflict is not so healthy:
So what can you do? Tags: teams at work, development matters, coaching, dstc, dawn sillett, leadership Establish Team Ground RulesPosted in Managing Performance on June 16, 2011 by Dawn Sillett So your team has now got clear goals and clear roles (see previous post on sports teams). So now what? It’s time to get the ground rules out in the open. These are the often hidden traps that bedevil new joiners and the organizationally unwary - it’s all about “how we do things round here”. Create some team ground rules and, whatever you do, make this a team effort. Imposed ground rules smack of confining institutions, not collaborative organizations. Gather the team and ask everyone to contribute. Tip: get everyone on their feet and equipped with pens to write on walls, boards, flip charts. The minute one person stands at the front playing scribe, or worse, editor, you're doomed. Generate group thoughts about the team's values and from there you can work through to behaviours that align with these. Beware waffle and keep it real. Tags: teams at work, development matters, dstc, dawn sillett, leadership Sports Teams And Work Teams - Does The Theory Work For Both?Posted in Managing Performance on June 14, 2011 by Dawn Sillett There's a lot written, and a great deal said, about what organizational teams can learn from sports teams. Much of it is inspirational, some of it is useful, and some just doesn't travel into your average workplace at all. That's because there are some fundamental, but often overlooked, differences - beyond the obvious dress code issues.
Clarity of goals and timingTags: teams at work, development matters, coaching, dstc, dawn sillett, leadership |
