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Oil Prices and Competition Bugs Textile Firms ssage: Something is brewing that is so bad that the boss is afraid to talk about it.The Rs.1,30,000 crore Indian textile industry is concerned of rising crude oil prices and fierce competition from China in world trade. The textile industry is less optimistic over their performance in coming quarter than it was in the July-September quarter. This is revealed by the third consecutive survey on Business Confidence of Indian textile industry for the quarter October to December 2005, conducted by YarnsandFibers.The man-made fiber industry, in particular, is worried on the crude price front while cotton textile segment is content with the bumper cotton crop and low fiber prices. However, the entire textile segment is worried over competition from China, as it has cost advantage over India. Textile companies want Government policies to be favourable a That, surely, is not what the boss intended. Indeed, Jane was doing everything she could to make sure her team, her direct reports, would continue to have a key role and that the lives of her employees would not be disrupted. The lesson: A great leader is able to put herself in someone else’s shoes—to see how certain actions (or a lack of actions) look from the employee’s point of view. We call this empathy. In being empathic, the leader creates a sense of calmness and control that sustains a sense of forward movement, security and direction. Unless the leader sets a clear and explicit context for this type of communication and communicates oft Characteristics of High Performance Teams What’s the biggest threat to your company? Competition? Regulation? Changing technology? Maybe you should put fear on your list. Fear is a small word that somehow touches our lives in a big way. Fear of danger is a survival mechanism. Fear of the change and the unknown is a destructive force that can consume workplaces and degrade the performance of our companies. As leaders, one of our most important jobs is to ensure that fear does not take root.Abstract: Based on significant research, Entelechy has defined characteristics of effective teams.Entelechy reviewed over 50 studies on high performance teams and compiled a list of high performance team characteristics. We grouped characteristics into eight categories as indicated on the graphic below.Participative LeadershipAligned On Purpose And VisionTask Focused Shared Responsibility Innovative Problem Solving Strong Communication Responsive Self MonitoringSee if your team shares characteristics of High Performance Teams. Circle the characteristics that describe your team; cross off those that don't describe your team.PARTICIPATIVE LEADERSHIPEnvisioning leadership and organizing le The way to diminish fear in the workplace is direct and clear communication. This is often more easily said than done however. Even leaders with the best intentions wind up sending mixed messages, what experts in organizational behavior call meta messages. How so? The way in which you couch the message itself—the words you use, your manner of speaking—communicates additional, sometimes conflicting information. Whom you communicate with sends another message—and whom you exclude sends still another. For example, Jane became VP of a small consulting team after a merger. She was well respected for her leadership and determined to make the integration as smooth as possible. She assured team members that she would meet with them and keep everyone in the loop. Soon, however, Jane was being pulled into meetings with her new boss, leaving her direct reports without a leader. She was also traveling more. She sent emails, assuring everyone that all was well and promising to get back to them later. Jane thought she was being a good leader. She was absorbed by what she felt was the most important priority – getting the story of the new merger clear with her boss. But the mixed message of assurances to her direct reports and her unavailability proved destructive. Within a short time, her team was disconnected from the acquisition activities. They started to talk to people throughout the company, and got more mixed messages about what was going on. Within a few months, rumors of worst-case scenarios (bad acquisition; culture conflicts) began to circulate. As fear took hold, employees: - Began to distrust Jane’s leadership capability - Turned to other leaders outside her team for advice and information - Created concentric circles of communication (gossiped), building mountains out of molehills As a further consequence: - Performance in the team went down - Jane felt disappointed - Jane grew angry with team members whom she perceived as no longer committed to their jobs - What Jane overlooked is that our sense of security and well-being is profoundly affected by how much we are kept in the loop; in the absence of clear, consistent and regular communication from the leader, fear takes over. Employee fear takes hold when people in positions of authority are suddenly behind closed doors, speaking in hushed tones, refusing to address rumors directly and so on. Ironically, this attempt to avoid communication conveys a very clear message: Something is brewing that is so bad that the boss is afraid to talk about it. That, surely, is not what the boss intended. Indeed, Jane was doing everything she could to make sure her team, her direct reports, would continue to have a key role and that the lives of her employees would not be disrupted. The lesson: A great leader is able to put herself in someone else’s shoes—to see how certain actions (or a lack of actions) look from the employee’s point of view. We call this empathy. In being empathic, the leader creates a sense of calmness and control that sustains a sense of forward movement, security and direction. Unless the leader sets a clear and explicit context for this type of communication and communicates ofte High Definition Update: Paul Wheeler Interview h the message itself—the words you use, your manner of speaking—communicates additional, sometimes conflicting information. Whom you communicate with sends another message—and whom you exclude sends still another.High Definition Update - Paul Wheeler InterviewIn July 2005, I wrote an E-Zine with the headline “High Definition – When?” At the time we saw little demand for HDCAM equipment aside from some clients in the U.S. Seven months later, the situation has changed dramatically. We added two Sony HDW-F900 HDCAM camcorders (Sony’s top of the line HDCAM camera for television and/or cinema) to our stock in January 2006 because of growing demand and see this as the beginning of a trend. And we have just taken a booking for a multi-camera shoot in March with six HDW-F900s.Interview With Paul Wheeler – Soon Available on DVDWith this increase in demand, we recently hired Paul Wheeler BSC, a highly experienced film and digital cinematographer who wrote the book, “H For example, Jane became VP of a small consulting team after a merger. She was well respected for her leadership and determined to make the integration as smooth as possible. She assured team members that she would meet with them and keep everyone in the loop. Soon, however, Jane was being pulled into meetings with her new boss, leaving her direct reports without a leader. She was also traveling more. She sent emails, assuring everyone that all was well and promising to get back to them later. Jane thought she was being a good leader. She was absorbed by what she felt was the most important priority – getting the story of the new merger clear with her boss. But the mixed message of assurances to her direct reports and her unavailability proved destructive. Within a short time, her team was disconnected from the acquisition activities. They started to talk to people throughout the company, and got more mixed messages about what was going on. Within a few months, rumors of worst-case scenarios (bad acquisition; culture conflicts) began to circulate. As fear took hold, employees: - Began to distrust Jane’s leadership capability - Turned to other leaders outside her team for advice and information - Created concentric circles of communication (gossiped), building mountains out of molehills As a further consequence: - Performance in the team went down - Jane felt disappointed - Jane grew angry with team members whom she perceived as no longer committed to their jobs - What Jane overlooked is that our sense of security and well-being is profoundly affected by how much we are kept in the loop; in the absence of clear, consistent and regular communication from the leader, fear takes over. Employee fear takes hold when people in positions of authority are suddenly behind closed doors, speaking in hushed tones, refusing to address rumors directly and so on. Ironically, this attempt to avoid communication conveys a very clear message: Something is brewing that is so bad that the boss is afraid to talk about it. That, surely, is not what the boss intended. Indeed, Jane was doing everything she could to make sure her team, her direct reports, would continue to have a key role and that the lives of her employees would not be disrupted. The lesson: A great leader is able to put herself in someone else’s shoes—to see how certain actions (or a lack of actions) look from the employee’s point of view. We call this empathy. In being empathic, the leader creates a sense of calmness and control that sustains a sense of forward movement, security and direction. Unless the leader sets a clear and explicit context for this type of communication and communicates oft Background Search g a good leader. She was absorbed by what she felt was the most important priority – getting the story of the new merger clear with her boss. But the mixed message of assurances to her direct reports and her unavailability proved destructive.The Internet is fast becoming as much of a mode of communication as a way of getting knowledge and entertainment in a faster and easier way. Many friendships first started out as instant message chats or chance meetings in chat rooms. Background searches are one of the latest ways of taking a peek at a person's past, with or without him or her knowing it.Though people can rely on their own good sense regarding business dealings or personal relations over the Internet, one should definitely use background searches before taking any further steps.A background search is a tried and tested way of finding out necessary and common details about friends, acquaintances and romantic partners.A lot of details can be found through various background searches. Within a short time, her team was disconnected from the acquisition activities. They started to talk to people throughout the company, and got more mixed messages about what was going on. Within a few months, rumors of worst-case scenarios (bad acquisition; culture conflicts) began to circulate. As fear took hold, employees: - Began to distrust Jane’s leadership capability - Turned to other leaders outside her team for advice and information - Created concentric circles of communication (gossiped), building mountains out of molehills As a further consequence: - Performance in the team went down - Jane felt disappointed - Jane grew angry with team members whom she perceived as no longer committed to their jobs - What Jane overlooked is that our sense of security and well-being is profoundly affected by how much we are kept in the loop; in the absence of clear, consistent and regular communication from the leader, fear takes over. Employee fear takes hold when people in positions of authority are suddenly behind closed doors, speaking in hushed tones, refusing to address rumors directly and so on. Ironically, this attempt to avoid communication conveys a very clear message: Something is brewing that is so bad that the boss is afraid to talk about it. That, surely, is not what the boss intended. Indeed, Jane was doing everything she could to make sure her team, her direct reports, would continue to have a key role and that the lives of her employees would not be disrupted. The lesson: A great leader is able to put herself in someone else’s shoes—to see how certain actions (or a lack of actions) look from the employee’s point of view. We call this empathy. In being empathic, the leader creates a sense of calmness and control that sustains a sense of forward movement, security and direction. Unless the leader sets a clear and explicit context for this type of communication and communicates oft Why Your Profit Margin Is Not Important f communication (gossiped), building mountains out of molehillsProfit margins seem to be main focus of executives and small business owners.Everyone from the CEO of General Motors to your average eBay seller is focused on it.But think fo what a profit margin actually represents. It’s not an indication of how much money you are actually making, it’s only a figure that tells what the profit portion is as a percentage of the total sale.In other words a $10 profit on a $100 sale means that your profit margin is 10%.Now let me ask you this, let’s assume your average profit margin is 100%. That type of profit margin would make any business owner envious. But what if the total sale was only $2? Your actual profit would only be $1, even though you are working a high profit margin.I am sure you realize As a further consequence: - Performance in the team went down - Jane felt disappointed - Jane grew angry with team members whom she perceived as no longer committed to their jobs - What Jane overlooked is that our sense of security and well-being is profoundly affected by how much we are kept in the loop; in the absence of clear, consistent and regular communication from the leader, fear takes over. Employee fear takes hold when people in positions of authority are suddenly behind closed doors, speaking in hushed tones, refusing to address rumors directly and so on. Ironically, this attempt to avoid communication conveys a very clear message: Something is brewing that is so bad that the boss is afraid to talk about it. That, surely, is not what the boss intended. Indeed, Jane was doing everything she could to make sure her team, her direct reports, would continue to have a key role and that the lives of her employees would not be disrupted. The lesson: A great leader is able to put herself in someone else’s shoes—to see how certain actions (or a lack of actions) look from the employee’s point of view. We call this empathy. In being empathic, the leader creates a sense of calmness and control that sustains a sense of forward movement, security and direction. Unless the leader sets a clear and explicit context for this type of communication and communicates oft Small Business Ideas - Phases and Basics ssage: Something is brewing that is so bad that the boss is afraid to talk about it.Most small business ideas are born out of inspiration, frustration, circumstances or almost any reason other than well thought-out logic and plenty of pre-planning. How about your small home based business idea?As a result, the ever cycling phases of plan, finance, start, run, grow, sell are random and chaotic. Each phase is dealt with, if at all, in a reactive mode rather than a responsive mode. This pattern seems to work as long as you see your small home based business as a source of wages versus a business entity responsible for making a profit with your %u201Cwages%u201D being paid as part of the business%u2019s employee overheadA few small business owners eventually break out of this mode and into a true business ownership role where they begin to, a That, surely, is not what the boss intended. Indeed, Jane was doing everything she could to make sure her team, her direct reports, would continue to have a key role and that the lives of her employees would not be disrupted. The lesson: A great leader is able to put herself in someone else’s shoes—to see how certain actions (or a lack of actions) look from the employee’s point of view. We call this empathy. In being empathic, the leader creates a sense of calmness and control that sustains a sense of forward movement, security and direction. Unless the leader sets a clear and explicit context for this type of communication and communicates often, employees are left with little choice but to create their own “worst case scenarios.” What elevates Fear? - Lack of shared focus, purpose and vision. This creates confusion - Lack of company-wide communication, which opens the door to paranoia (the ultimate fear response). - Lack of interpersonal communication causes a negative emotional response on the part of the individual. If you can’t speak directly to every worker, make sure a supervisor does. Business leaders make a mistake when they don’t take into account the emotions of their staffs. Positive emotional connection isn’t just something that feels good, it is good for business. Negative emotional response is destructive. - Lack of respect for others within the organization. That undermines security, causing resentment--another form of fear. - Failure to develop team agreements, strategies and decision-making policies. This increases isolation and leads to fear. - Negativity and complaining, which become both the cause and effect of fear TIPS FOR LEADERS: When having vital conversations about the future and the organization’s direction, make sure you are listening. Repeat what employees say and ask questions. Listen to the logic and the emotion (pay attention to their mixed messages!). Pay attention to the subtext—what is implied by the questions. Become an expert at clarifying what employees are saying before drawing conclusions and making assumptions that may be erroneous. Keep asking questions until you get to the real message that the employee is trying to convey. Keep an open mind. Even if you disagree with what is being said, your listening shows the employee respect and helps you understand employee concerns. Remember emotions don’t always reside in logic. Fear is an emotional response that you can avoid. Evaluate information without bias Respond rather than react. Show the employee that his or her concerns are valid. Accept responsibility for the impact of the way you are communicating with others WALK the TALK. Say what you mean and MEAN what you say. That will build trust and eliminate fear. Understand how unspoken fear can affect your business and deal with it by unraveling meta messages. It will have an immediate bottom line payoff. Employees who know where they stand can accept whatever reality the ups and downs of business bring to your company—and they can be OK with that.
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