Tuesday, September 14, 2021
The missing element in Diversity initiatives
Tuesday, August 3, 2021
Benefits of meditation for executives
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A person meditating |
What is meditation? It can be defined as a form of mindfulness to enable a higher state of awareness. Meditation has been shown to have a wide number of benefits on our well-being. Thus, its popularity is growing among CEOs and other senior executives.
Meditation helps in reflecting and learning from the past
One
of the first benefits of meditation for executives is that it gives them an
opportunity to reflect on things and learn from the past. It's vital to
distinguish rumination from reflection as they are two entirely different
concepts. Rumination entails re-playing the same scenario in your head
repeatedly. That can lead to the feeling of guilt, despair, regret, and
anxiety, none of which is helpful. On the other hand, reflection has a deeper
purpose. It allows you to perceive past events with objective clarity.
Once you know which topic you want to reflect on, it's essential to explore it with openness and curiosity. Such a mindset will allow you to grow as an executive and reap the benefits of reflective meditation. If you approach the topic without judgment, you will stop feeling like a helpless victim imprisoned by emotions and behavioral thought patterns. You will get the opportunity to observe your decisions, events, and your life with an accepting attitude. Moreover, you will move beyond the feeling of resentment, blame, or defensiveness.
Uncovering insights
As
a result of deeper pondering over the past events, you will gain insight and
understand the situation in its entirety, pinpointing problem areas, and
finding solutions or ways to avoid the problem areas next time. These insights
will let you make positive and lasting changes.
Meditation will also help in generating deeper insights regarding yourself. A significant advantage of gaining these insights is that they will enable you to set your ego aside. A few deep breaths before a meeting or any other interaction will help calm your thoughts and enable you to enter the conversation wholistically. With some practice, you can even reflect on what is happening at that moment itself for you to ‘think about your thinking while thinking’! Focus on your breathing and check if you are taking things too personally and lack objectivity in the moment. The ability to free yourself from the shackles of your ego in a business environment is a critical skill for an excellent leader.
Creating a new path that is devoid of past inflictions
It's
human nature to take easier paths. This is reflected in repeating similar
patterns and doing things in the same, repetitive way. Sometimes, this happens
spontaneously, even if we didn't mean to repeat actions and decisions.
Practicing meditation can help enhance creativity and develop new paths, solutions, or ideas devoid of past inflictions. Meditative and relaxed states of mind create a fertile soil for the inception of fantastic insights and breakthroughs. When we step aside from the situation and allow our minds to stop focusing on the issue that has been bothering us, we allow our brains to think of something new. That is when the eureka moments happen. And that is the result of divergent thinking that meditation facilitates.
Meditation increases the serotonin in the brain
It
is evidenced that meditation increases the levels of 5-HIAA acid in the brain.
This acid has a direct connection to serotonin, the ‘happy hormone’. Moreover,
practicing mindfulness every day reduces stress and lowers cortisol production
and other hormones connected to stress. As a result, meditation can help reduce
stress, put a stop to ruminative thinking, and calm anxiety. These benefits are
essential for executives who have to face stressful situations on a daily
basis.
Due to its effect on cortisol and serotonin production, medication can also help prevent depression and avoid delving into sadness. Focusing on breathing for only ten minutes a day will relax your mind and soothe your emotions. This activity stimulates the activity of the parasympathetic nervous system, harnesses amygdala activity, and lowers the activity of the sympathetic nervous system.
Helps in positive thoughts
Meditation
helps recharge our minds and channels our thought in the right direction. It
allows us to focus on things that we can actually control. It prevents the
induction of anxiety due to constant worrying about controlling everything
around us. Meditation gives a way to redirect our thoughts and save the energy
that we would otherwise waste trying to ‘control the uncontrollable’.
Furthermore, not only does meditation reduce the number of thoughts that flood our minds, it also cleanses the negative and energy-consuming thoughts. Ultimately, we become capable of consciously creating positive thoughts about ourselves, others, work, etc.
Grows resilience from challenges or setbacks
The
ability to stop rumination allows us to eliminate fear and improve our focus.
That helps us to boost productivity even under stress, rather than to descend
into panic and distress.
Being resilient means being able to recover from challenges and setbacks. And meditation helps executives to develop traits that will lead them to improve resilience. This will have a positive impact on their leadership, productivity, and engagement with people.
Increase well being
A
basic motive for most people who practice meditation is for increasing their
overall well-being. Among other things, meditation can help with insomnia,
increase attention span, increase the feeling of positivity, increase energy
levels, improve memory and focus, and more.
While there are other relaxation methods after a busy day for a business leader, meditation goes a step further by helping take your mind off of the problems and get you rejuvenated.
Clears the clutter of thoughts and traffic noise in the head
When
we feel overwhelmed with the deluge of thoughts flooding our heads, it's
necessary to stop, take a deep breath, and let go of these thoughts. Meditation
gives us an easy method to quiet our minds and find clarity. It also allows us
to acknowledge where we are in reality and empowers us with an opportunity to
reframe and restart. In case we feel burdened by the barrage of thoughts
and obstacles on the path of our goals, then meditation will clear that path
and fortify the road towards where we want to go.
Embrace mediation to reap its benefits
For
busy executives, there are many benefits of adding meditation to your daily
routine. You will have a hard time experiencing the benefits if you perceive
meditation as just another chore that you are time-constrained to do. Remember,
the way to meditate is to seamlessly include it in your daily routine and let
meditation happen on its own and enable what it's intended to do. Start
meditating and enjoy all the positive changes in your professional and personal
life.
Wednesday, June 30, 2021
Self-awareness for executives
Being an
executive is incredibly challenging and demanding. It is a difficult line of
work that comes with many responsibilities, not only towards the company,
employees, and clients; but also towards yourself. With that in mind, it is
crucial to work on your self-awareness.
The key aspect of self-awareness is to question yourself, reflect on your persona, and improve through behavior transformation. Here are some of the key points to consider:
Are you asking yourself the right questions?
Every
executive needs to make sure that they are the best version of themselves. So,
it is vital to ask yourself the right questions and find out the truth.
What are your values and are you standing up for them?
As an
executive, you need to be a prime example for everyone around to know how you
stand up for your values.
What is your natural style of leading?
Are you functioning as
a manager or a true leader? Do you adapt your leadership style based on the situation and
behavioral style of those around you? Every situation is unique and there can
be no general approach. At the same time, you need to be aware of your natural
leadership style and
leverage it to build cross-functional relationships and presenting your point
of view.
Are you giving enough recognition to your team members?
A good
executive needs to keep track of super performers. You need to give proper
recognition when it's due and avoid claiming credit that you don't deserve. Moreover,
do not withhold information from others to gain an undue advantage.
Are you mindful when passing judgment?
One of
the common pitfalls is to fail to know when, why, and how to pass judgment.
Rating others and imposing your standards too often is a double-edged sword.
While you need to be a firm and righteous leader, you also need to know when to
step back and let some things go. Else, you will put too much pressure on your
employees.
Are you using negative qualifiers and making destructive comments?
We often
use negative qualifiers and destructive comments in conversations without
realizing it. Overusing words like ‘no’, ‘but’, or ‘however’ may send a wrong
message, showing you as a person who proves everyone wrong all the time. Also,
it would be best to refrain from using needless sarcasm or cutting remarks.
People often use them as a way to sound witty, funny, or showing how smart you
are compared to them.
Are you taking responsibility for your actions?
Playing
the blame game, making excuses, and the inability to express regret for your
own shortcomings are all signs of an ineffective executive. Deflecting the
blame from yourself or punishing those who want to help will cause mistrust and
lower the overall opinion that employees have of you.
Are you standing behind your employees in their initiatives and projects?
A true
leader supports their employees for all of their short and long-term projects
like forming new partnerships, employee management, relocation, and many
others. For instance, the process of commercial
relocations is
complicated and it’s vital that you guide your employees with a steady hand.
How are you addressing conflicts?
It’s
vital to nurture teamwork and help people align. You need to take appropriate
steps to prevent conflicts or address conflicts promptly when they occur. An
executive needs to know who the bullies in their team are and make them
accountable for their actions and behaviors.
Are you a problem-solver or a risk-taker?
Every
company has its ups and downs. An executive needs to be a problem-solver and a
risk-taker at the same time. The key is in the balance between addressing
critical issues and taking calculated risks.
Are you listening to other people’s point-of-view?
While it
is important that all executives delegate tasks effectively and drive their
team to achieve goals, they must listen to other peoples' points of view before
giving theirs.
How are others perceiving you?
Every
executive needs to be confident and assertive. It’s important to look at
yourself through their eyes and notice how they think about your leadership
value and impact.
Are you removing the hidden biases?
Executives need to reflect on their behavior and
question themselves. As an effective executive you need to get rid of your
biases as they could cause a pitfall.
Are you improving yourself through forces that inspire and motivate you?
The only
way to progress and stay on top of the game as an executive is to seek
excellence in your domain. Know who are the top professionals in your domain or
industry and learn from them. Welcome diversity of thought and collaborate with
those around you. Achieving objectives is important, but it is even more
critical to build dignified relations in your community.
Moreover, learn to know the difference between reality and hype. Do not let short-term objectives and recent success cloud your judgment. You need to actively seek solutions to overcome challenges.
Learn from your past, focus on the present, and lead into the future!
Tuesday, May 18, 2021
Neuro-emotional traits for increasing leadership effectiveness
“There are three things extremely hard - Steel, a Diamond, and to know one’s self,” wrote Benjamin Franklin in the 1750 edition of Poor Richard’s Almanack.
As
a leader you might have many roles viz. create strategies, manage resources,
and inspire your team. You may be good at a few or all of these aspects to some
extent. For example, having a strategic mindset, delivering profits, and having
an executive presence are all attractive qualities for a leader. While these
attributes are expected from most leaders and business executives, it is
critical to develop specific traits that characterize effective and exceptional
leaders.
Effective
leaders simplify complexity and bring clarity
Good
leaders manage to thrive in the chaos of the ever-changing world. Simplifying
complexities is one of the paradoxes that
leaders and executives have to embrace and handle. They can distill the complexity
and create easily understandable and actionable steps that their team members
can quickly take on. Great leaders have a clear vision of where they want to
take their business, team, or product and can shed light on the strategy to
reach there.
Effective
leaders prioritize a few critical aspects and persistently communicate them
Many
leaders, even the good ones, fall into the trap of trying to accomplish too
many things at the same time. Thus, prioritizing becomes an important trait of
exceptional leaders. Upon identifying the top three or four priorities, they
persistently communicate these priorities to their teams and inspire them to
relentlessly pursue them. Moreover, by prioritizing a few critical aspects,
they provide a simple plan for achieving these objectives. And the ability to
devise a simple plan that will ensure victory is what will increase your
leadership effectiveness. By doing so, outstanding leaders can genuinely
inspire their teams to achieve the shared goals.
Effective
leaders contribute across the entire organization rather than their individual
silos
One
of the issues many companies face is that their leaders rely only on their
immediate team members, perceiving the others as their competition. They fail
to understand that they are a part of a much bigger machinery and structure.
This behavior weakens the company and steers the focus away from the
ultimate goal of positioning the company high on the marketplace.
A way for leaders to overcome this type of mindset is to modify detrimental behavior and discipline themselves. The ‘we’ that we believe we are a part of is the entire organization, instead of a small team. This will be characterized by getting out of our comfort zone and learning to be comfortable operating outside of our area of expertise. Moreover, great team leaders can play well on teams they don't lead. The most effective leaders will see their portion of the business as an integral component of the entire organization and thereby maintain a broader perspective.
Effective
leaders operate on a strategic level rather than on tactical aspects
Outstanding
leaders dedicate more time to strategic conversations with their team members.
Instead of focusing on the tactical maneuvering of their teams, true leaders
contribute to the strategic elements.
The opportunities to demonstrate leadership skills are endless. Even relocating to new offices is a chance for leaders to help employees transition to the new premises, keep their spirits up, and let them feel motivated and involved.
Effective
leaders foster learning agility and build more leaders
There
are two types of business executive and managers:
1. Those who use their
team members as a means for their own advancement.
2. Those who see the
potential in their team members and develop them further.
Discerning which one of these two types a particular executive or manager belongs to is not always easy. However, a leader's track record will unambiguously show whether they build leaders or exploit the people who work for them. If an employee or manager has taken on extra responsibility after working for a particular leader, it will be a clear indicator that this leader has groomed and mentored her/ him. People who quickly rise through ranks in an organization often have bosses who have had their back and have looked out for their best interests. This trait is vital to increase your leadership effectiveness.
Having a leader who builds more leaders is excellent for an organization for several reasons. Firstly, they are more likely to groom and develop individuals who differ from themselves. This leads to an increase in cognitive diversity. Secondly, such leaders can create high-performing teams that readily explore new avenues and take on additional initiatives to spur growth. Furthermore, their teams will be excellent at challenging the status quo and disrupting the outdated norms. Consequently, they will foster innovation and long-term capital development.
Leaders
are made, not born!
When
we talk about habits or traits for increasing leadership effectiveness, it's
important to note that these qualities in leaders are typically made, and not
inbred at birth. So, while we expect leaders to be charismatic visionaries,
these traits usually develop as they rise through the ranks and assume more
challenging roles. As businesses today demand a continual improvement in
performance, emotional agility and behavior adaptation are essential traits for
a leader’s growth and impact.
Thursday, April 15, 2021
Paradoxes in the life of a business owner
When you decide to start your own business, you will receive an abundance of information on how to start it. No one, however, prepares you for all the paradoxes that you will encounter in this journey. If you think about your role as the owner of a company, you will realize that you have many responsibilities and commitments to fulfill. Soon it will become painlessly clear that you cannot fully discern as to which of these responsibilities you are doing well and which ones you suck at.
Sometimes you wonder: Are you working IN your business or working ON your business. Are you managing or are you leading? Are you putting out fires or preventing them in the first place?
Is your ‘leadership style’ a growth enabler or a growth barrier?
Leadership
involves many inconsistencies and demands continuous behavior
adjustment.
Many fail to keep up with the constant changes and get stuck with their
auto-conditioned behavioral style and then expect that everyone must adapt to
it. Forcing that style on others and taking the ‘it's my way or the highway’
approach will only deem you as ‘one of those’ bosses!
The best way to enable growth is to listen to what others have to say, understand what optimizes other people’s performance, and be agile in adapting to the situation.
A huge paradox in the life of a business owner is - Are you a boss or are you a leader?
The
truth is, you are and must be both!
One of the mistakes many business owners, and managers in general, tend to make is being too friendly with the people they are supposed to manage. They don't know how and where to set the boundaries. Very few people know precisely how to behave when they first become a boss or a supervisor. They find it difficult to resist the intoxication of power and simultaneously their need to be liked by everyone.
Being too friendly will not get you far, nor will it assert you as a leader. Similarly, being too authoritarian won't get you better results. Essentially, you must strive to find the balance and one way to do that is by being empathetic. It does not imply that you will stop holding people accountable for their work. It only means that emotional intelligence and business success go hand in hand. These two can and must coexist.
To be a good leader, or a boss, whatever you want to call yourself, you must embrace these paradoxes and determine your customized choices. Some situations will require you to lead from the front, and others will need you to let your team lead. Should you make decisions quickly or take your time? Well, both - depending on the situation.
Each meeting, person, and task will need a customized approach. There is no one-size-fits-all solution and trying to create it is worthless. Every interaction and issue will require you to be agile in your thinking, fine-tune your strategy, and continually adjust your actions.
Leaders need to be optimistic and realistic, enthusiastic and cautious, all at the same time. You need to build an optimistic vision for a project as you want your team to be focused on the goal. At the same time, you want to be realistic and alert everyone that things may not play out as planned based on the occurrences of external events. How open and transparent should you be about possible issues? Should you share all the trivial and irrelevant information? Would it be okay to share bad news right up front? Balancing all these disparities is vital to avoid causing anxiety, fear, or worry among your team members!
This is what happens during change management like let's say due to a merger you move your office to a new location. We know that merging is always a challenge as people may be worried about layoffs and a new working environment.
Do your employees participate or contribute?
Should
a leader create a structure or allow freedom? Should people involved in your
organization contribute to the development of the system or participate as a
cog in the machine?
Generally speaking, organizations could have a mix of both. The manufacturing side of things could be more process and precision-driven, while the product design could function with more fresh thinking and innovation. A leader's job is to recognize when to allow the brainstorming to unravel and when to step in and steer the conversation in a specific direction.
Final thoughts
As
we have observed, different scenarios demand different approaches and hence
leaders take these paradoxes in their stride. Plus, resilience
is vital
for a good leader. As a business owner & leader, finding the right balance
and knowing how to adapt to the ever-changing variables is critical.
Wednesday, March 17, 2021
The next big thing in self-improvement is BEHAVIOR transformation
It’s a common misconception that altering your behavior implies the betrayal of integrity and authenticity. In reality, these changes to your behavioral patterns are a way to improve how you engage with others. Adapting your behavior such that it suits the situations at hand helps people understand what you are conveying. For doing that, it is crucial to understand how your behavior or personality helps or hinders your progress. And thus, behavior change/ transformation is the next level in self-improvement.
Growing your awareness of how your style differs from others
will dramatically enhance your conversation skills. It is particularly true
with whom you have trouble interacting. Learning how to adapt your behavior to
the particular person so as to minimize the risk of them having an issue with
you is the ultimate goal. Consequently, the quality of your relationships, both
at work and in life, will transform. And that is the beginning of a long-term,
sustained behavior change and transformation.
Nevertheless, changing your behavior will not be an easy
endeavor. Anyone who has tried to break a bad habit, such as smoking, knows how
hard it is. It requires a lot of commitment and persistence. Therefore, it's
necessary to empower yourself with the right knowledge, time, effort, and
self-discipline.
The beginning
Regardless of the goal that you wish to accomplish, you must
know that there is no one-size-fits-all solution. You will realize that you
need to try out a few different techniques until you find the right one for
you. It will typically include a series of trial and error. This is the stage
when many become discouraged and give up on their goal. It is vital to keep
yourself motivated for identifying the most appropriate techniques that enable
the change in you.
The elements of change
As we all know, inducing behavioral changes is not easy.
Over many years, psychologists have developed various techniques that
therapists, teachers, and physicians use to help people change their behavior.
Researchers have also worked on theories
attempting to explain how changes happen. In order to achieve your goals,
you need to understand the elements of change, the stages of change, and learn
how you can go through all those stages effectively.
Here are the three critical elements of behavior change:
- Readiness
to change: Evaluate the ability to make
a lasting change using the knowledge and resources at your disposal.
- Barriers
to change: Identify anything that is
blocking your change.
- Likelihood
of relapse: Identify what triggers cause
the relapse to former/ prior behavior.
The stages of change
The Stages of Change, aka the Transtheoretical Model, was
introduced in the late 1970s. This model has been found to be highly effective
in understanding how people go through changes.
It deems that relapse is inevitable and describes the change
as a gradual process. It begins with people's resistance to change. Eventually,
people adopt a natural approach for changing their behavior and become
committed. It shows that change is a process that consists of a sequence of
small steps leading towards the goal.
Pre-contemplation
People in this stage are not truly considering the change.
It’s a state of mind that we describe as being ‘in denial’. In this stage,
people often claim that their behavior is not a problem, or they don't
understand how their behavior is detrimental. If you are currently in this
stage, think about what would need to happen so that you consider your behavior
problematic.
Contemplation
This is the stage when people actually begin to realize the
need for change and understand the benefits of the change. Simultaneously, they
start to realize the costs of the change. As a result, instead of focusing on
the physical, emotional, or mental gains that the change will bring about,
people feel like they are giving something up. Unfortunately, many never move
past this phase. If you are in this stage, figure out what could help you make
the change. Understand why you want to change and try to identify anything that
may be preventing you from making the change happen.
Preparation
The preparation stage often involves making more minor
changes as a way to prepare for the big leap. During this phase, it is
essential to create a support system that will provide encouragement. Hiring a coach can prove to extremely helpful during this
phase.
Action
This is when concrete efforts towards achieving the goal
happen. If you have dedicated enough time to the previous stages, you have a
better chance of success. For example, people who decide to get their body in
shape and jump immediately into doing physical activities or a work-out will
often tend to give up after a few weeks. However, if they have given enough
time during the pre-contemplation, contemplation, and preparation stages and
keep finding the motivation to stay physically active, the chances are they
will keep up with their efforts. These stages will help them in not losing
momentum. It’s important to ensure that you reinforce your new behavior with
positive rewards for every step you take. Celebrating the small wins helps in
positively encouraging you to repeat the newly adapted behavior.
Maintenance
The maintenance stage implies avoiding old behaviors and
maintaining the new ones. At this stage, it would be best if you try to avoid
temptation. Identify the situations when you have managed to prevent relapse
successfully and reward yourself for that. And if you do relapse, don't beat
yourself up. It's just a part of the overall process.
Relapse
If and when you relapse, you will likely feel disappointed
and frustrated. Don't let this ruin your confidence. Instead, understand what
triggered the relapse and try to avoid it going forward. Remember that your mistakes are an excellent source of insight. In this
case, it would help if you started back from the preparation stage. It may be a
good idea to go over your resources and techniques and reaffirm your
motivation. To help you in the near-term, prepare a plan on how you will avoid
possible future temptation and the risk of a relapse.
Conclusion
Any type of change is difficult and especially behavior
change is a massive step. It looks like a state change from ice to water or
water to steam. For our personal improvement, it is good to know that
difficulties and challenges build our resilience. We become stronger by overcoming each
challenge in our journey of personal development. Keeping an optimistic outlook
for a more positive outcome even when things are less than perfect is what
enables this transformation. This process is highly effective for making
changes in our communication and interactions with others. Identifying and
understanding the problematic behaviors is the start of the journey towards
changing those behaviors and helps in sustaining the newly adopted behavior
when interacting with other people. Moreover, identifying behaviors that cause
your negative mood shifts and becoming aware of your destructive thought
processes can enhance your awareness of your thought patterns and
auto-conditioned response. Using this awareness and the above change process
can help in reprogramming your inner script. This could significantly improve
the quality of your life. The process is arduous, but the rewards are worth the
struggle. Finally, it’s your decision whether to change or remain the same.
“When the pain of staying the same becomes more than the pain of going through the change, then you are truly ready to take the leap for behavior transformation”.
Wednesday, March 3, 2021
Excuses most people make for not hiring a coach
meaningful vs. wasteful work, prioritize tasks, and devote more time to the
most important things in your life.
Excuse# 3: "I need to wait until I get over this project or initiative or busy patch in life"
If yes and you think - "I will have more time after I get over this current busy
phase" This statement is not accurate in predicting the future. There will always be more
busy phases to follow this current patch.
Striving to find time is not the cure for not engaging a coach. In fact, coaching
enables you to live without constantly humping and fighting fires. It helps you do more in less time by taking wise and well-thought decisions.
Excuse# 4: "I can't afford coaching"
Coaching is not a way to spend money, it is your best means for getting a great return on your investment in self-growth.
Excuse# 5: "I already get advice from family and friends"
Coaches are thinking partners and your best collaborators for guiding you to
create a matching solution for your specific need or situation.
Are you a loner?
Coaches maintain confidentiality because that is the necessary part for working with clients and building a trusted relationship. The confidentiality clause is part
of a standard coaching agreement and you must insist your coach to include it
in the agreement.
Do you want to figure out everything on your own? Are you planning to walk all alone in your career journey?
Coaching allows you to find out your blind-spots and figure out your development areas. Whether you are totally ready to learn or somewhat reluctant at the start,
anyone who hires a reputed coach will gain some valuable insights and take-aways.