August Management Journey Carnival

The Management Journey Carnival is published on the third Monday of each month. Each Carnival consists of 21 insightful articles from the web that contributors submit or that I select for inclusion. Welcome to the August 2012 edition of the Management Journey Carnival.

Although August is usually a month when work slacks off some, thought leaders continue to share their management insights in articles around the web. This month’s Carnival provides insights on behavioral styles, innovation, communication, performance measurement, business strategy, human resources, marketing and other topics.

Let’s begin with an older post that is helpful in understanding what it takes to create a culture of innovation.


An Oldie But Goodie

This month’s classic post comes from Chuck Salter of Fast Company. Chuck interviews Marissa Mayer. (Marissa is a former executive of Google and the new CEO of Yahoo.)  In this article, Marissa shares her 9 Principles of Innovation. Given the success of trailblazers like Google and Marissa, it’s wise to review her list.


 

stereo and computer speakers

Featured Podcast

Featured Podcast

It is obvious that we live in volatile times. Change is now a constant.  What does it take to be resilient (the ability to maintain or restore core purpose in the face of disruption) in these times? This is the topic of discussion in this month’s featured podcast interview with Andrew Zolli, Resilience Strategies for a Volatile World from Harvard Business Review.


 

man typing on a laptop

Articles

Featured Articles

Leadership lessons are everywhere, providing we look for them! The Olympics, where the best at what they do dominate their sport, are a rich learning source. In his article, Marcus Buckingham of Bloomberg Businessweek provides Olympic Lessons for Corporate Managers.

It takes an effective leader/coach to bring together the top talent in an industry and forge them into a high performing team. Having a shared vision with the team members is critical and so too is having the sense to get out of their way and let these talented team members do their job! In his article, Picking the Man Who’d Lead Basketball’s Dream Team to GoldJeffrey Cohn of Harvard Business Review explains why Olympic basketball coach Jerry Colangelo is such a leader.

Any strength that is overdone becomes a weakness! (Alright, if you’re a reader of Management is a Journey you know this is a pet peeve of mine!) Positive thinking and an upbeat management style have their limitations as well.  Too much of these attributes is bad for business as David Collinson of Strategy+Business explains in his article, The Weakness of Positive Thinking.

Introverts (those people who get energy from being alone ) sometimes clash with extroverts (those people who get energy from being with people). It makes sense.  They are wired differently!  Sophia Dembling of Psychology Today helps to bridge this gap in her article, Seven Things Extroverts Should Know About Introverts (and Vice Versa).

When employee engagement suffers who is to blame? While it is easy to blame external business pressures or bad hires, the reality is that often the fault lies with management. In his article, Exposing Management’s Dirty Little Secret, Gary Hamel of CNNMoney explains why “management systems are more likely to frustrate extraordinary accomplishment than to foster it.”

Innovation and organizational learning occur when businesses see mistakes and failure as opportunities.  The flip side of this truth however is that certain mistakes and failures can put a company out of business as well. How can companies find the right balance between these opposing truths?  Tim Kastelle of the Innovation Leadership Network provides some help in his article, Mistakes versus Experiments.

Not all organizational problems can be solved with accepted management practices! This is true for business strategy as well. Sometimes you just have to shake things up and challenge the status quo! In their article,  Blank Checks: Unleashing the Potential of People and BusinessesSanjay Khosla and Mohanbir Sawhney of Strategy+Business show the power of thinking differently.

It’s no doubt that social media with its emphasis on peer influence is drastically changing how businesses operate.  Whether it is the customer relations or human resources, social media is definitely having a significant impact. Marketing is not exempt either as Bill Lee of Harvard Business Review explains in his article, Marketing is Dead.

What’s fair depends on who you are asking?  This is something we learn early in life. Does this mean that managers should just operate ethically and ignore how others feel about their actions? As I explain in my Management is a Journey article, Equity Theory – Why Employee Perceptions About Fairness Do Matter, it is bad for business when managers ignore their employees’ feelings about fairness.

There’s More on Page 2

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