How the Best Leaders Energize People Every Day

leaders unlock potential

How the Best Leaders Energize People

If you want to be a great leader, you must be a great communicator. The Inspiration Code: How the Best Leaders Energize People Every Day  explores the link between leadership and communication.

Kristi Hedges is a leadership coach specializing in executive communication. You may have read one of her articles in “Forbes” or encountered her other book, The Power of Presence . Her extensive research and survey into what inspires people was fascinating. I recently asked Kristi about her latest work on inspiration in the workplace.

 

“When we highlight potential, we boost confidence.” -Kristi Hedges

 

4 Factors to Enhance Your Inspirational Effect

Tell me more about the four factors that enhance our inspirational effect, what you call the Inspire Path.

The Inspire Path puts a structure to the research I found that uncovers what communication behaviors inspire others. It’s a guide to increase inspirational impact. While we can’t force someone to be inspired—and if we try to push, it backfires—we can create the conditions that foster inspiration. People are most often inspired through certain types of conversation with others. If we want be more inspiring, we should focus on being:

 

“What we concentrate on gets stronger.” -Kristi Hedges

 

PRESENT: investing our full attention and letting conversations flow

 

PERSONAL: speaking genuinely, listening generously, and acknowledging the potential of those around us

 

PASSIONATE: exhibiting sincere emotion and exuding energy attuned to the situation

 

PURPOSEFUL: helping others find meaning and see their place in the bigger picture

 

Copyright Kristi Hedges, All Rights Reserved. Used by Permission.

 

“Our choices bring our purpose in sharp relief.” -Kristi Hedges

 

How do you train Type-A, driven, device-obsessed executives to be more present?

7 Reasons Why You Should Improve Your Public Speaking

Improve Your Public Speaking

 

Over ten years ago, I found myself in a class for leaders and managers. After building rapport and working to create a safe environment of trust, the class facilitator decided to have us go around the room and share our insecurities and fears. The coach was specifically homing in on our weaknesses and asking for us to be transparent with others in the room.

As we worked around a small circle, one woman was visibly nervous. When it was her turn, it was as if someone flipped a switch and turned her red. She stumbled over her words as she explained how fearful she was to speak in public. Even in a safe situation with supportive friends, she still was nervous to share. We learned that she even had nightmares where she was in front of a room, perched behind a podium, and she misplaced her notes and looked out at a sea of unforgiving faces. Another attendee encouraged her and told her that she was better off avoiding these events so she didn’t trigger her fears.

The fear of public speaking grips many people who avoid it at all costs.

I want to share why this “avoidance thinking” is toxic to aspiring leaders.

 

“Fear the fear of public speaking and do it anyway.” –Arvee Robinson

 

Recently, I spoke to my local chapter of Toastmasters and shared 7 reasons why learning to speak in public is vitally important.

 

1. Overcome your fear.

There’s enormous power in mastering and overcoming a fear, whatever it is. I can recall the smile on a new rock climber’s face when he conquered his fear. “I have never felt so alive and free,” he said to me soon after completing his climb. That same feeling happens if you overcome a fear of public speaking, and – at least to me – it’s a whole lot easier than climbing a mountain.

 

“Courage is what it takes to stand up and speak, and to sit down and listen.” –Winston Churchill

 

2. Boost your self-confidence.

When you not only are able to overcome your fear but also become proficient at it, then your confidence soars. Confidence is often more compelling than competence. I don’t know what happened to the nervous woman after the class ended, but during the few days of our classes, she saw remarkable improvement. You could feel her confidence building.

 

“Competence without confidence just doesn’t cut it.” –Derek Lewis

 

3. Attract opportunities.

Great public speakers attract opportunities. Why? Speaking makes you visible. You’re in front of the room, so that’s rather obvious. But the fact is that your credibility is enhanced. You become an expert.

 

“It’s all right to have butterflies in your stomach, just get them to fly in formation.” –Rob Gilbert

 

4. Influence others.

Leadership is all about influence, about persuasion, about taking people from one point and moving them to another. Speaking is part of that process of persuasion and often the most powerful part. Anything that helps increase your influence is generally a good move.

 

“All the great speakers were bad speakers at first.” -Ralph Waldo Emerson

What a Coaching Conversation Should Look Like

This is a guest post by Gregg Thompson. Gregg is the author of THE MASTER COACH:  Leading with Character, Building Connections, and Engaging in Extraordinary Conversations and President of Bluepoint Leadership Development.

(Note: in this article, Talent refers to the person being coached.)

Be A Great Coach

At the risk of sounding too idealistic, there are few things in life that are more rewarding or more meaningful than being instrumental in helping others have better lives. I often refer to coaching as a calling or mission because I believe there is something inside each of us that comes alive when we have an opportunity to be of real service to others. One of the key foundation stones upon which successful coaching is built is conversation – the dialogue you have with the people you are coaching.

But this conversation involves much more than just talking with others about their goals and dreams. As a coach, your job is to create a space in which other people will regularly have conversations that not only uncover new ideas and generate innovative solutions, but that result in entirely new attitudes and behaviors, and that forge commitments to make significant, sustained personal changes.

However, while rich dialogue can uncover new ideas and generate innovative solutions, this kind of interaction alone is not coaching. Where dialogue pursues new ideas, coaching pursues entirely new attitudes and behaviors. Dialogue is the talk; coaching is the walk. How many conversations do you have during an average day? How many of them really matter? The great coach understands why some conversations matter and some conversations do not. Most on-the-job conversations involve the exchange of information, instructions, advice, and opinions and have relatively predictable outcomes. While these conversations are quite suitable for normal business transactions, they are quite ineffectual in the coaching process.

 

“A coach is someone who can give correction without causing resentment.” -John Wooden

 

Elements of a Great Coaching Conversation

How to Manage A Players

How to Manage A Players

Whether you’re leading a football team or an entrepreneurial venture, you want to hire the best and the brightest.

You want A Players.

 


“On average, an A Player produces at least two times the work of the B Player.” -Rick Crossland

 

Hiring A Players is only the beginning. Keeping them engaged and performing at the highest level is a leadership challenge.

In this short video interview, I speak with Rick Crossland about A Players and how to manage and lead A Players.

I previously interviewed Rick on How to Become an A Player. In today’s interview, I asked him about leading and managing A Players.

Rick is an author, speaker, and consultant. His nearly three decades of experience developing, recruiting, and leading high performers is evident in every chapter of his new book, The A Player: The Definitive Playbook and Guide for Employees and Leaders Who Want to Play and Perform at the Highest Level.

We discuss:

 

3 Definitions of an A Player:

  1. Top 10% of industry
  2. Employee you would enthusiastically rehire
  3. An employee that makes you say “wow!”

 

How to Manage an A Player

“Leaders must be a step ahead.”

 


“Leaders must be a step ahead.” -Rick Crossland

 

How to On-Board the A Player

How Innovation Really Works

U.S. Companies are failing at innovation!

That bold statement was at the top of a letter I received, and it got my attention. I started to read about the reasons many organizations are struggling to innovate. It led me to the research by Anne Marie Knott, PhD. She’s a Professor of Strategy at the Olin Business School of Washington University. She was previously an Assistant Professor at the Wharton School. Her research is focused on innovation ranging from entrepreneurship to large-scale R&D. Her new book is How Innovation Really Works: Using the Trillion-Dollar R&D Fix to Drive Growth .

I followed up with her to talk about innovation, R&D, and what can be done about the current problem.

 

Companies Have Become Worse at Innovation

You say that companies have become worse at innovation despite the fact that it’s more important than ever. Why is this?

While companies have become worse at innovation, I don’t actually argue that innovation is more important than ever. It has always been the chief source of companies’ as well as the economy’s growth. I think the reason if feels innovation is more important is that companies’ R&D is only 1/3 as productive as it was in the past. Therefore, they need to do three times as much to generate the growth they used to enjoy–actually more than three times because each additional R&D dollar is less productive.

 

Research: Companies’ R&D is only 1/3 as productive as it was in the past.

 

What’s RQ?  

The catchy answer is that RQTM (short for research quotient) is the company equivalent of individual IQ—it’s how smart companies are.  The precise answer is that RQ is the percentage increase in revenues a company gets from a 1% increase in R&D investment.  So companies that have high RQs derive more revenue, profits and market value per dollar of R&D than low RQ companies.

 

How was it developed?

I didn’t set out to develop RQ (though I knew I needed such a measure from my time in industry).  I actually stumbled upon it while trying to solve an academic puzzle, in much the same way that Percy Spencer stumbled on microwave cooking while working on combat radar systems for Raytheon.

Once I discovered RQ, however, I went through a similar process companies go through with their R&D.  I worked out the theory to characterize how it related to growth; I tested alternative versions; then I validated that the current version matches theoretical predictions using 47 years of data across the full spectrum of US companies conducting R&D.

 

What are its implications?

RQ has a number of implications.  First, by tracking their RQ over time, companies can determine whether their R&D capability is improving or deteriorating.  If companies could have done this 30 years ago, it’s likely R&D capability wouldn’t have deteriorated so much.  Second, because RQ is derived from economic theory, companies can use RQ to determine how much an additional dollar of R&D should increase revenues, profits and market value—this helps them set their R&D budgets.  Third, RQ provides investors a way to value R&D, so now even Warren Buffet can invest in technology firms.  More importantly, when investors know how to value R&D, they won’t pressure companies to cut R&D in pursuit of current profits

 

Why Most Companies Fail at R&D

Why do most companies fail at R&D?
“Failing” probably applies more to projects than to entire R&D systems (which is where RQ applies), but if you’re asking why companies have gotten worse at R&D, I have a few thoughts.  I’m going outside the range of my evidence with this answer, but I believe the demise began with the “financial management” trend in the 1980s.  This was the idea that any company could be managed by anyone simply by controlling “the numbers” (think T. Boone Pickens and Carl Icahn). “The numbers” meant cost reduction in the case of operations and rank ordering investments by ROI (return on investment) in the case of new investment.  R&D can’t be managed that way.  A good R&D system has many longshots.  On average Industrial Research Institute (IRI) member companies report that it takes 125 funded projects to achieve a single commercial success.  The problem is that no “number” can identify the single success up front.  Companies have to carry portfolios of projects with the hope that that the “1 in 125” is in there.  If you throw out all the projects whose ROI can’t be quantified with confidence, you throw out all the lasers, geosynchronous satellites, and other exciting things we developed at Hughes.

 

“The most widely held misconception is that R&D should be more relevant.” -Anne Marie Knott

 

Your book walks through several misconceptions about innovation. Let’s talk about just one.

The most widely held misconception (80% of consultants and 90% of investment analysts/managers) is that R&D should be more relevant. This seems completely plausible.  After all, who wants to be “irrelevant.” The problem with that logic is best captured by the Steve Jobs quote, “A lot of times, people don’t know what they want until you show it to them.”  He’s entirely correct, as the iPod, iPad and most especially iPhone attest.  Work done by researchers at Duke supports his intuition.  Ashish Arora, Wes Cohen and John Walsh found that while customers are the most prevalent source of external ideas, those ideas have the lowest ability to increase sales.

 

“People don’t know what they want until you show it to them.” -Steve Jobs

 

Companies need more radical innovation. Would you share some context about this misconception?