Wednesday, May 30, 2012

LEADERSHIP & TEAMWORK

Leaders think, consider and then make decisions. How they think, what they choose to consider and the criteria they use in making decisions colour the organisation’s entire modus operandi. Depending on the level of challenges and support from the management, variables in an organization interact on the basis of culture that exists within the organization. It was emphasized that we get the culture that we deserve.

Leadership has to be authentic and sustainable. However, authenticity and sustainability are trust based. Without trust there is no foundation for permanent success. Teamwork and organizational success are based principles, ethics and values that are inherent in every individual and organization. It was held that values which are most times misconstrued for preferred behaviours can only be upheld and appreciated when they are challenged. This section was concluded with the assertion that - for leaders to get result they should always concentrate on the team and individual members of the team rather than the task.

NEGOTIATION AND CONFLICT MANAGEMENT

It was observed that many people see negotiation as an art of argument which involves two or more people trying to outsmart one another. It is indeed far from that. It is a business activity, if well managed could create business relationship. However, negotiation is depicted as skill which can be learnt.

For effective negotiation, clear objective and goals are required. On Conflict Management, the term conflict is described in two perspectives:
a) Functional Conflict – constructive incongruity which improves performance.
b) Dysfunctional Conflict – destructive and hinders organizational performance.

On general note, it was advised that win-win form of negotiation and conflict management should be engaged at all times. In the same vein, the faculties tutored us on Corporate Governance and Corporate Social Responsibility (CSR) and their effect on sustainability. In practical terms, we are advised to see regulation as a guide and not a constraint. We should always endeavour to see the big picture beyond what the rules say. Having explored the biographies of great leaders, five lessons are deduced:
• Stay Positive
• Stay Action Orientated
• Stay Organised
• Stay Focused
• Stay Flexible

In order to drive home their points, the faculties elucidated the subjects by analyzing number of case studies in class. CONCLUSION A leader is said to be resilient. He should be a 360 degree personality who knows his onions. In addition, a resilient leader is required to understand change; promote change; cope with change and value change at all times.

-Segun-Martins Ogunyemi REPORT ON LEADERSHIP DEVELOPMENT PROGRAMME: A FOUR-DAY TRAINING SEMINAR ORGANISED BY PSYNTECH LIMITED AT PENINSULA HOTEL, LEKKI, LAGOS ON 21ST – 24TH MAY 2012.

Sunday, May 27, 2012

Values vs Preferred Behaviours

Values are important and enduring beliefs or ideals shared by the members of a culture about what is good or desirable and what is not. This is a general view. In real sense, values are defined by the way we see them. In preferential order, one may category honesty as his primary value while the other would say his is compassion. Most of the times we mistaken values for preferred behaviours which are tend to change in the face of stiff challenges. Value is a concept that depicts the beliefs of an individual. Values are considered subjective and vary across people and cultures. As a result, it is determined or influenced by various background such as social and educational background. Also, values may be ethical, moral, doctrinal, ideological, political, religious, social and aesthetic based.

Monday, April 30, 2012

Personal Finance

Personal financial planning consists of three general activities:


-Controlling your day-to-day finances to enable you to do the things that bring you satisfaction and enjoyment.

-Choosing and following a course toward long-term financial goals such as buying a house, sending your kids to college, or retiring comfortably.

-Building a financial safety net to prevent financial disasters caused by catastrophic illnesses or other personal tragedies.

The first and most important aspect of personal financial planning is budgeting.


Why Should I Budget?

Controlling your financial affairs requires a budget. For many people, the word "budget" has a negative connotation. Instead of thinking of a budget as financial handcuffs, think of it as a means to achieve financial success.

Whether you make thousands of dollars a year or hundreds of thousands of dollars a year, a budget is the first and most important step you can take towards putting your money to work for you instead of being controlled by it and forever falling short of your financial goals.

To those of you who think you know where your money goes without keeping detailed records, I issue this challenge: keep track of every cent you spend for one month. I promise you'll be surprised and perhaps shocked by how much some of your "small" expenditures add up to.

For an eye-opening illustration, try the American Express Saving or Spending Big Calculator. Enter the cost and frequency of a habit or indulgence and how many years you expect it to continue. Click a button and see not only how much you'll spend over the specified time period, but how much that same amount would grow to if you invested it at various rates of return. Mind-boggling!

Budgeting and tracking your expenses gives you a strong sense of where your money goes and can help you reach your financial goals, whether they are saving for a down payment on a house, starting a college fund for your kids, buying a new car, planning for retirement, paying off the credit cards, or saving for that trip to Aruba.

Since financial matters are one of the leading causes of marital discord and divorce, getting a handle on your spending, implementing a budget, and saving for the future can also have positive effects on your relationship with your spouse or partner.

Friday, April 27, 2012

Thirst for Success

Success does not come to everybody but to only those that yearn and work for it. However, the way and manner at which we classify success differ. To some, success is measured by how money they have in your bank account while to others, success is the degree of accomplishment they attain on personal and/or organisational pedestal.

Friday, March 30, 2012

Leadership Traits You Need to Thrive in Tough Times!

Trying to grow your business in this sluggish economy is a little like trying to swim through Jell-O. Ineffective or uncertain leaders definitely need not apply.

So what does it take to lead a small business through this ongoing economic mess? The blogosphere is humming with ideas lately. Here's a roundup of the important traits for entrepreneurs in 2012:

1.Listen. Tune in to what workers and customers are saying, and you'll find great ideas for how to move forward.

2.Give credit. Workers love leaders who acknowledge their ideas.

3.Be yourself. In our age of sound bites and phony smiles, tell your story honestly. It's rare and refreshing, and makes workers feel like they know you -- and want to help you succeed.

4.Communicate. So much company dysfunction can be prevented with clear communication. Otherwise, workers are in the dark. And soon, they won't care.

5.Don't be trendy. Avoid the "strategy du jour" problem. Choose a course and stick to it.

6.Beat anxiety. Stop worrying and turn your negative emotions -- regret, fear, sadness -- into teachers that help shape your character.

7.Be service-oriented. Leaders can be sort of self-involved, forgetting that they are in a position of leadership. To serve customers, shareholders and workers stay focused on others.

8.Be accountable. Define the results you want, and acknowledge when a screw-up is your fault.

9.Use empathy. Demographic changes have foisted more and more women into the workplace. Make sure your communication and leadership style is a fit for today's workforce.

10.Share the big picture. If your workers don't know the company's overall goals, it can be hard for them to solve problems. That leaves you having to micromanage every problem instead of being able to delegate and offer guidance.

11.Keep your cool. The days when being a screamer worked are long gone. If workers are worried about whether you're in a good mood today or not, little gets done.

12.Think like an immigrant. When you arrive on new shores, you often see the business world with fresh eyes. Use your unique perspective to spot opportunities others are missing.

Culled from AFRICA BUSINESS FORUM CONSORTIUM.

Monday, March 5, 2012

The Efficient & Effective Leader


Who is a Leader? (Matthew 20:25-28)
In His instructions to His disciples on how they were to lead, Jesus sent a clear message to all those who would follow Him that leadership was to be first and foremost an act of service. Therefore it is correct to say that a leader is a servant. A glorified servant!

From His command, two points are cardinal. One, a good leader must be a genuine follower of Christ. Second, there is no exception to His command. As we all know, whatever or wherever we are in life, we are always at the middle. Today, you are leaders with vast followers, but you are all followers of another leader who is the ultimate. As Christian leaders, we must follow Jesus as our ultimate leader.
The truly exciting part of following Jesus is that He never sends you into any situation with a faulty plan or plan to fail.

What are the expectations from a Leader? (Titus 1:7-14)
If I should ask people that are here present, there will be array of expectations from our leaders. Apart from the fact that humans are Oliver Twist who always want more, leaders have the responsibilities of meeting some set goals even from moral point of view. According to the scriptures that we just read, the following are expected from leaders:
a) He must not be arrogant
b) He must not be a drunkard
c) He must not be greedy for gain
d) He must be hospitable i.e. approachable
e) He must be a lover of good
f) He must have self control
g) He must be upright i.e. a man or woman of integrity
h) He must be holy
i) He must be disciplined

Hmmm…discipline! This is the biggest of all. This is because if you are not disciplined it may be difficult for you serve the master Jesus diligently in the first place. For instance, it is easy for a disciplined brethren to accept Christ faster that a person who is undisciplined.

Other expectation is Commitment, that is a leader must at all times show
• Commitment to increasing knowledge of Jesus Christ
• Commitment to the body of Christ
• Commitment to proffering solutions to needs of the Church
• Commitment to the well-being of his followers
• Commitment to the Church’s vision and values

As a leader in the body of Christ, what is your role to the society at large?
Inasmuch as we dwell in this world, we have salient role(s) to play in the society at large. The onus is on you to evangelise the goodness of God to the society by your lifestyle. Being ambassadors of Christ here on earth, you are required to propagate the gospel by your virtues as leaders. The Bible in Matthew 7:16 states that “By their fruits we shall know them. Therefore, be of good fruit to the society.

Challenges facing Leadership in the 21st Century
Challenges facing Leadership in the 21st Century are numerous and insurmountable. Among them are:
1) Dealing with and accomplishing a mission with uncommitted people
2) The need to establish a clear sense of purpose and direction
3) Selection of right and merited people to carry on the work
4) Training, development and delegation issues
5) Constant conflicting demands on time, energy and resources
6) Fierce competition (inside and outside the Church)
7) Turnover, betrayal, and lack of understanding by friends and family
8) Constant scrutiny and challenges of commitment and integrity
9) Temptations of instant gratification, recognition and misuse of power
10) Effective handling of criticisms, rejection, distractions and opposition.

Frankly speaking, the above challenges make the art of leadership burdensome. Less wonder it is often said that “uneasy lies the head that wears the crown”. Nevertheless, it is an easy task when you align yourself with the biblical norms of leadership. According to Roman 12:2, you should no longer conform to your old ways; you should rather be transformed by renewing your mind. It is important for you to know that leadership is a matter of the heart, head and hands. When you put these three to work, you can handle even the tempest challenges such as gratification, recognition and applause.

It is important for you to note that as you enter into this season of leadership, the quality of your service will be a direct result of your spiritual preparation. In other words, you have to be prepared. Study the words of God often, read books on the subject of leadership. There are inspirational authors such as John C. Maxwell, Ken Blanchard, Brian Tracy, Warren Blank, Warren Bennis, Max DePree, Stephen Covey and so on.

As a leader in the 21st Century, you are required to play both visionary role and implementation role by doing the right thing and doing things right, hence you are an Efficient and Effective leader.

‘Segun-Martins Ogunyemi, is a professional accountant, brand and management consultant. He is the Founder/President of JUST Leadership Foundation (an online-based leadership network).

Wednesday, February 29, 2012

Leadership Challenges in the 21st Century

When the word leadership is mentioned challenges which is otherwise known as responsibilities are vast and synonymous.

I want to welcome you all to the new world. If it seems that leading means striving, running as fast as you can and grappling with new issues every day, you are not alone. Leading effectively in the face of today's fundamental challenges requires greater skill, courage and integrity than ever before.

The Market of Hope

Oxford dictionary defined hope as a feeling of expectation and desire for a particular thing to happen. Another version called archaic put i...