Management Archives

The Pros and Cons of Individual Decision-Making

What is individual decision-making? What are the main benefits of the individual decision-making style? What are its key disadvantages? Individual decision-making is where the chief decision-maker may consider others’ opinions, but ultimately, the individual (usually the boss) makes the final decision. The individual decision-making style is the key feature of hierarchical cultures where there is a clear delineation of ranks amongst members. In this article, we’ll explore the key advantages and disadvantages of individual decision-making, and present some strategies for working in cultures that decide individually.

Range by David Epstein: Advice for Organizations

How can organizations benefit from having employees with a wide range of experience? Why are teams made up of specialists prone to mistakes? In his book Range, David Epstein argues that organizations should hire employees from varied and diverse backgrounds rather than specialists. This is because specialists tend to have narrow points of view whereas generalists tend to be more innovative and broad-thinking. Keep reading to learn why your organization should hire generalists.

Creating a Product Roadmap: Is It Worth It?

What is a product roadmap? Is creating a product roadmap worth your time? Product roadmaps are commonly used because they help employees prioritize tasks and allow bosses to build a completion schedule. However, in many cases, product roadmaps end up being a waste of time and resources. Here’s why you might want to think twice before creating a product roadmap.

Defining Your Organizational Values: Clarity Is Key

How Organizational Values Enable Success

What are organizational values? Why are organizational values important? Organizational values are the beliefs that guide the conduct and decision-making process of the members of an institution. Defining the values of an organization makes it easy to understand the rationale behind the actions of an organization and to evaluate the behaviors of its members. Read on to learn more about the importance of organizational values.

Barriers to Brave Leadership: The 4 Errors to Avoid

4 Practices That Hinder Brave Leadership

What is brave leadership? What are the common barriers to brave leadership in organizations? Brave leadership is a type of leadership that allows for risk and failure, and positively engages with feelings of uncertainty and fear. Organizations that fail to build trust with their workforce, prepare their team to deal with failure, and establish clear values will find it difficult to groom brave leaders. Read on to discover how to overcome the barriers to brave leadership.

Objectives and Key Results of Product Principles (OKR)

What are objectives and key results (OKR) in terms of product principles? What is the goal of setting OKR in a company? OKR is meant to track progress against a measurable goal. There are six things to keep in mind when setting OKR at your company. Here’s what you need to know about objectives and key results of product principles.

The Biggest Myths About Vulnerability in Leadership

How to Embrace Vulnerability in Leadership

What does vulnerability in leadership look like? What are the beliefs stopping leaders from showing vulnerability? Vulnerability in leadership involves the ability to acknowledge the risk and uncertainty of a situation, talk openly about it, and create a safe space for your subordinates to discuss it. Wrong beliefs like “vulnerability means weakness” or “there must be trust before vulnerability” stop leaders from showing vulnerability. Read on to discover how to embrace vulnerability in leadership.

Becoming a Daring Leader: The 2 Pillars of Courage

How do you become a daring leader? Why is grounded confidence essential to daring leadership? You become a daring leader by approaching your work with curiosity and facing your vulnerabilities with confidence. Grounded confidence is what helps you face up to tough decisions instead of running away or hiding behind defensive behaviors. Read more about what it takes to become a daring leader.

Insecure Leadership: The 3 Behaviors to Avoid

What is insecure leadership? What are the signs of insecure leadership? Insecure leadership manifests when a leader resorts to harmful habits to stamp his authority and attract admiration because he is uncomfortable with being vulnerable. Habits of an insecure leader include using fear for control, controlling instead of leading, and self-aggrandizement. Read on to discover more about the traits of insecure leadership.

What Is the Product Vision and Strategy Approach?

Is there a better approach to product development than roadmapping? How is creating a product vision and strategy beneficial to development? The process of roadmapping may be wasting your company’s time and resources. Instead, you should be using the product vision and strategy approach. The key benefit is that this approach is more flexible than a roadmap. Here’s what you need to know about creating a product vision and a product strategy.