A Newsletter for the Friends and Clients of Turning Point, Inc. June 2008, Vol.1


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LEADERSHIP NEWS YOU CAN USE
This issue's article is from the Top Echelon Knowledge Base.

"For the Sudden Leader: A Crash Course in Managing People"
By Bruce Tulgan
(from the Top Echelon Knowledge Base)

With all the turmoil in the workplace right now, some people are experiencing a strange side effect of downsizing: Sudden promotions. Already in a cost-cutting mode, however, the organization may not devote sufficient time, energy, and money to teach the new leaders the basics of managing people. So here is a back-to-basics crash course in managing people.

1. Empower People Through Effective Delegation

There is no such thing as 99% delegation because there is no such thing as 99% responsibility. It's 100% or nothing. Keep that in mind whenever you are handing out assignments. Always clarify goals. Exactly what is this person going to be 100% responsible for? Remember, goals without deadlines are only wishes. So attach a concrete deadline to every goal. And spell out the guidelines and specifications up front.

2. Listen Carefully and Offer Coaching Style Feedback

Pay close attention to the verbal and non-verbal expressions of your employees. You have to stay in tune with employees in order to provide effective, instructive, ongoing, informal feedback. Give your employees feedback every day, but choose your words very carefully. And always point to concrete next steps: "You did a great job on this. Here's what I want you to do next… by Tuesday at 2:00pm… and it has to be smaller than a refrigerator."

3. Celebrate Success, and Reward Good Performance

Constantly remind people of the performance you require: How much work? How fast? What quality? And hold people accountable. Give people credit for their achievements, no matter how small. Pay people in financial and non-financial rewards for good performance, but only when they deliver on their goals.

4. Be a Model of Respect, Empathy, and Trust

Create opportunities for employees to contribute their ideas. Try to imagine where each person on your team is coming from. Value employee input on matters that affect them. And let them know where you stand. Take responsibility for everything you say and do, hold yourself accountable, and never make excuses. Always honor your word and your agreements.

5. Do Some Reading - Right Away

For an instant MBA, read Stuart Crainer, The Ultimate Business Library: 75 Books That Made Management (Capstone, 2000); and Des Dearlove, The Ultimate Book of Business Thinking: Harnessing the Power of the World's Greatest Business Ideas (Capstone, 2001). For no-nonsense career advice, read Anne Fisher, If My Career's on the Fast Track, Where Do I Get a Road Map? (William Morrow & Co., 2001). For cool quotient, read Michael Lewis, Next: The Future Just Happened (WW Norton, 2001). And keep this one on your desk for just about everything: Bob Rosner, Allan Halcrow, and Alan Levins, The Boss's Survival Guide (McGraw-Hill, 2001).


Turning Point, Inc.
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TURNING POINT PLACEMENTS!
Recently, Turning Point has filled the following positions:
-Regional Vice President with a successful Life Settlement Firm.
-Both the Regional VP, Practice Management & the VP Sales & Public Relations for a successful, respected, Iowa-based Broker-dealer.

We send our heartfelt thanks to our clientele and hope we can continue to serve your mission-critical hiring needs in the future! 

TURNING POINT Partnership
Turning Point's President, Mitch Vigeveno, is a Consulting Fellow with Tiburon Strategic Advisors.  CLICK HERE to sign up to receive the Tiburon Research Releases.

CANDIDATES
:
Looking for some great people?  We have placed quality professionals in all the positions listed below as well as many others. Call us at 800-598-3366 and let us help you find exactly the right professional for that critical position with your company!

Salaried / Sample Positions
  • President
  • Vice President
  • CEO
  • CFO
  • Chief Marketing Officer
  • Regional Sales Director
  • Wholesaler
  • Customer Service Manager
  • Not-for-Profit Executive Director
  • COO/Operations Manager
  • CCO/Compliance Officer
  • Chief Lending/Loan Officer
  • Branch Manager
  • Recruiter/Business Development
  • Portfolio Manager
  • Financial Consultant/Advisor
  • Registered Representative
  • Director of Development/Advancement
Contracting Services
Need some temporary expertise?  Turning Point, Inc. can help you find it.  Please review our services for Contract labor services by clicking
HERE.

Quote of the day:
 
"A wise man should have money in his head, but not in his heart."
Jonathan Swift (1667 - 1745)
 
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