Tag Archives: business

A New Post on Dave’s Blog – Dave Starts Planning for Self-Employment But What About June?

Dave starts planning for self-employment but what about June?

There is a new post on Dave’s Blog at this link. He has designed his own checklist for starting a business! But of course there is June to consider – she isn’t enthusiastic.

Dave has been a regular on the Leaving The Public Sector site and in future he will be appearing here.

Dave was a fairly average kind of UK Civil Servant and last year he took voluntary retirement.  But he didn’t really choose to go.  He was “persuaded” by his senior managers to make the move.

Dave has been following our advice on finding a way to his new future.  But it has been a rocky road.  His wife, June, and the rest of his family have not liked what the change has meant for them!

It is now over a year since Dave left his Civil Service job and he still hasn’t found the right role! But now he thinks he knows what he wants to do!  You will find the early part of his story at the bottom of his blog.

We are giving Dave advice, but you can advise him too using the form below!

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Managing People – Know Yourself!

Managing People – Know Yourself!

Knowing yourself is the beginning of all wisdom. Aristotle

N-Plants

I’ve been writing a lot recently about the personal development mindset.  A key part of the mindset is self-belief.  But before you can believe in yourself, you need to understand yourself; particularly your strengths, your weaknesses and your personality.  This is particularly important if you want to be successful at managing others!

I have important news for you – there are no perfect managers.  Managers have strengths and all of them have weaknesses too.  You are no different to the rest.  There will be things that you are good at and there will be other things that you might prefer not to talk about, or even to admit to yourself.  And every one of us has our own quirks of personality.  Believe me, you need to understand yours!  If you want to succeed as a manager, you need to be honest and, not least, with yourself.

Being a good manager doesn’t mean you need to be perfect or to know everything.  But, you do need to be good at covering the gaps; that only works if you know where the gaps are.  Then you have options.

You can:

  • Put together a team that includes people who are what you are not and can do what you cannot. Sometimes this can be a challenge – often our first instinct is to recruit people just like us! If you are putting together a team for an important, business critical, task,  you need to have all the bases covered,
  • Outsource/buy in the ability you need, when you need it, for example, HR advice when faced with a large-scale organizational change.
  • Adapt the task so that it uses the skills and experience you have available. This may be negotiable more often than you think.  But without an honest appraisal of your own strengths and the strengths of the team, that would not be possible.

If you would like to understand yourself better then “Personality: What makes you the way you are” by Daniel Nettle comes well recommended.  Also, there are lots of free personality tests on line – HumanMetrics provides one of the more widely used ones.

If you would like to work with a coach on strengthening your understanding of yourself, my email address is below and I’d be very happy to work with you by Skype or email.

Wendy Mason is a Life and Career Coach. She helps people have the confidence they need to be successful at work and to change career while maintaining a good work/life balance. You can email her at wendymason
@wisewolfcoaching.com

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Leadership Tips from Bill Gates – still the greatest!

Image representing Bill Gates as depicted in C...

 

 

Some 12 years ago Bill Gates wrote a book Business @ the Speed of Thought: Succeeding in the Digital Economy. To say it was influential at the time is an understatement.

I think the leadership tips he gave in it are still valid today.  Here they are:

1. Take two “retreats” every year.

“Leave your office to develop long-range strategies.”  Every leader needs to stand back from the day-to-day activities of the organization and take long hard look – long (forwards and back) and wide – what else is going on in the wider world, right now.  Then it may be time to refresh the vision and refocus the organization

2. Read books on other topics.

“Read books on topics that don’t pertain strictly to your business or industry. It’s the best way to maintain a broad perspective.”  Leaders need an open mind.  I wrote about that here recently.  Open Minds come up with new, innovative, solutions and new destinations – open your mind by reading books outside your immediate field of interest!  You’ll be surprised where it might lead to.

3. Identify problems early.

“Identify problems early by tracking “exceptions,” such as sales figures that suddenly sag for a particular product. Jump on them right away.” You should know your organization well enough to know what are  the key indicators and you should be tracking them.  Don’t just look at them – truly understand – ask questions till you do.  Then act!

4. Stop at the end of each day

“Stop at the end of each day to analyze how well you used it. If you wasted time on things you didn’t need to do, eliminate them tomorrow.”  Take time out to reflect and act on your reflection.  If you find you don’t have time to react then have a look at this link; there is a post and a poll today about managing your email in-box.

Wendy Mason is a Life and Career Coach.  She helps people have the confidence they need to be successful at work and to change career while maintaining a good work/life balance. You can email her at wendymason
@wisewolfcoaching.com
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6 Habits of True Strategic Thinkers

This is an interesting post on http://www.inc.com from Paul J. H.Schoemaker

Paul is Founder and Chairman of Decision Strategies Intl.  He is also a speaker, academic and entrepreneur.  He is Research Director, Mack Ctr for Technological Innovation at Wharton, where he teaches strategic decision-making. His latest book is Brilliant Mistakes: Finding Success on the Far Side of Failure,

Here is an introduction and link to the post,

6 Habits of True Strategic Thinkers

You’re the boss, but you still spend too much time on the day-to-day. Here’s how to become the strategic leader your company needs…….

After two decades of advising organizations large and small, my colleagues and I have formed a clear idea of what’s required of you in this role. Adaptive strategic leaders — the kind who thrive in today’s uncertain environment – do six things well…More at the link below.

6 Habits of True Strategic Thinkers | Inc.com.

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BBC News – Money Box Live: Small businesses

BBC Radio 4's Money Box Live Wednesday, 4 April 2012 at 1502 BST On Radio 4 and Online

Are you an independent contractor or a manager in a small business or perhaps you are involved in a business start-up? If so, you will be interested in today’s edition of BBC Radio 4′s Money Box Live

You can find the BBC Podcast at this link

Despite the challenging economic conditions, the number of small businesses in the UK continues to grow.

A number of Government initiatives were launched earlier last month aimed at helping small firms.

The National Loan Guarantee Scheme will aid businesses with cheaper finance by reducing the cost of bank loans under the scheme by 1%.

Key announcements for business in last month’s Budget include:

  • A cut in the main rate of Corporation Tax from 26% to 24% next month;
  • The Enterprise Management Incentive scheme will provide additional help to start-ups;
  •  The Government is consulting on how to make it easier for sole traders and small businesses to calculate their taxable income.

Topics considered include;

  • Are you starting a small business and want advice on the best way of going about it?
  • Do you run a small business and want help on calculating your tax?
  • If you are approaching your bank for a loan what must you bear in mind?
  • What are the biggest issues facing your business?
  • Are you struggling with unsecured or secured debt?
  • Is the Government doing enough to support small business?

Vincent Duggleby was joined by:

Iestyn Davies, Federation of Small Businesses

Mike Warburton, Grant Thorton

James Henry, Business Debtline

Peter Ibbotson, Natwest/RBS

Presenter: Vincent Duggleby

RELATED INTERNET LINKS

HMRC

HMRC Budget 2012

DWP

Federation of Small Businesses

Business Debtline

National Loan Guarantee Scheme

Businesslink

WiseWolf Talking and the BBC are not responsible for the content of external internet sites

via BBC News – Money Box Live: Small businesses

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