Friday, April 27, 2018

Fwd: A Leadership Success Story




-------- Forwarded Message --------
Subject: A Leadership Success Story
Date: Thu, 26 Apr 2018 16:59:38 +0000
From: Jeff Wolf <jeff@wolfmotivation.com>
To: Recipient <stevescott@leadershippoint.com>


A Leadership Success Story

A Leadership Success Story

By Jeff Wolf

Time to read: 2 minutes

Alfredo, a native-born Italian, was senior vice president and general manager for a plastics extrusion company in Rimini, Italy, a division of a U.S.-owned multinational plastics company. Alfredo had taken an operation on the verge of collapse and turned it around into a highly profitable venture, thus becoming a star performer in the eyes of the company's leaders. He was promoted to executive vice president and brought to the States.

Alfredo faced a similar situation in his new job. The company was going through a bad period: worldwide sales had flattened, costs had risen beyond expectations, profits had tumbled, and employee disengagement was at a peak. The performance of company managers and workers had plummeted as everybody was afraid of what the future held.

Then suddenly, the CEO died from a heart attack, and the board appointed Alfredo as interim CEO to fill the void and prevent panic. Alfredo rose to the challenge. Using the principles espoused in our Leadership Development Program, he took these steps:

First, Alfredo insisted on absolute integrity from himself and the employees of his company. He set the example by telling the truth, even when it hurt (as it so often does when prior leaders concealed unpleasant truths), and he "walked the walk."

He focused his attention on the people who worked for him, and on managers, supervisors, and workers - everyone. Alfredo understood that great things can only be accomplished by great people, and he set an example that earned the trust of the people in his company.

He knew where he wanted to bring the company and he clearly articulated his vision and ensured that every employee in the company, from workers on the firing line right through his executive staff, understood what their roles were.

Knowing that capable employees leave the company when they lose faith in their leaders, he conducted assessments that enabled every employee to be heard. Alfredo went to great pains to listen to employees and assure that problems hindering them were corrected.

Alfredo realized that constant training and learning better ways to achieve his goals were key to not falling behind his company's competition, and he extended that philosophy to the rest of the organization by implementing training programs for employees, both in hard and soft skills.

Alfredo personally coached his direct reports to help them overcome obstacles and improve their leadership abilities. He also assured that high potential leaders throughout the company were identified and received personal coaching. He understood that the company's life-blood and future was invested in high potential leaders and that he could lose them if they didn't receive the grooming they needed and deserved.

He went out of his way to ensure that employees worked in an environment that encouraged people not only to work hard but to enjoy what they were doing. Accordingly, he appointed two CFO's, the traditional chief financial officer and a chief fun officer whose duty was to create ways for employees to have fun at work.

Within a few months of Alfredo taking the helm of the parent company, improvements were noticeable across the board in every function of the company. By the end of the year, the company's fortunes had improved dramatically.

LOOKING FOR A FRESH PERSPECTIVE?

Jeff Wolf is the author of the international best-seller Seven Disciplines of a Leader.

A dynamic speaker and highly requested executive coach he was named one of the country's top 100 thought leaders for his accomplishments in leadership development and managerial effectiveness.

Contact Jeff today for your coaching needs or to speak at your next meeting or conference.

If you want your leaders to be great coaches, his program, Be a Great Coach, is now available at your location.

He may be reached at 858-638-8260 or jeff@wolfmotivation.com


Wolf Management Consultants
www.wolfmotivation.com

Fwd: Abundance Insider: April 27 Edition




-------- Forwarded Message --------
Subject: Abundance Insider: April 27 Edition
Date: Fri, 27 Apr 2018 10:09:47 -0700
From: Peter Diamandis <peter@diamandis.com>
Reply-To: peter@diamandis.com
To: stevescott@techacq.com


Abundance Insider: April 27 Edition
 
 
 
   

In this week's Abundance Insider: In-car Amazon delivery, robot-run banks, and paint that transforms walls into touchscreens.

Cheers,
Peter, Marissa, Kelley, Greg, AJ, Bri, Jarom, and Jason

P.S. Send any tips to our team by clicking here, and send your friends and family to this link to subscribe to Abundance Insider.

Amazon to Deliver Packages to the Trunk of Your Car

What it is: Amazon has partnered with GM and Volvo on its new In-Car Delivery service for Prime members, which launched this week in 37 U.S. cities. Prime members with eligible GM or Volvo cars simply select In-Car Delivery at checkout, and can remotely block access to their cars via the Amazon Key app. Notably, Amazon couriers do not have direct access to the car -- the unlock command is issued through the car's connected systems (i.e. OnStar or Volvo on Call) as part of an authentication process. "We only actually do the unlock if it's the right person, right place, right car, right time," said Peter Larsen, vice president of delivery technology at Amazon, to The Verge.

Why it's important: Amazon Prime customers now have unprecedented control of how and when they receive their goods. What happens to last-mile delivery efficiency when robotics and delivery drone technology can outperform human couriers?  Share on Facebook

Spotted by Marissa Brassfield / Written by Marissa Brassfield 

China Construction Bank Opens Human-Free Branch Operated by Robots, VR and AI

What it is: The China Construction Bank (CCB), China's second-largest bank, has opened a branch in Shanghai run entirely by technology. At the unmanned bank, a humanoid robot answers customers' questions and directs traffic, and human client relationship managers remotely interact with customers via videoconference. By leveraging virtual reality, artificial intelligence and facial recognition technology, CCB says its branch will be able to support 90 percent of the demands a traditional bank branch would see.

Why it's important: This unmanned branch will provide a wealth of data on customers' willingness to interact with technology for basic bank needs versus humans -- and the productivity and growth gains from digitizing interactions with human bankers.  Share on Facebook

Spotted by Eben Pagan / Written by Marissa Brassfield 

Disney Research Conductive Paint Transforms Walls Into Touchscreens

What it is: Carnegie Mellon and Disney Research have teamed up to turn your walls into a touchscreen and gesture interface. Using a water-based nickel conductive paint, the team created a lattice pattern underneath a regular latex paint. Connected to a sensor board and a laptop for visualization, the system recognizes changes in capacitance (touch) and in electromagnetic (EM) waves to pick up presence, gestures and motion. Applications include replacing light switches based on motion, truly smart thermostats, and identifying specific people based on gait analysis.

Why it's important: While this particular system is compelling in its own right, notice that the recent development of conductive paints is what enabled and/or inspired the idea of recreating the touchscreen at a macro scale. What might you build with the accelerating discoveries in materials science?  Share on Facebook

Spotted by Marissa Brassfield / Written by Jason Goodwin 

Worldwide Conservation Effort to Sequence Genomes of 1.5 Million Organisms

What it is: In a Moonshot for biology, a group of researchers have launched the creation of the Earth BioGenome Project (EBP), which aims to sequence, catalogue, and characterize the genomes of 1.5 million animals, plants, fungi, and microscopic organisms that make up the family of eukaryotic cells. To date, we've sequenced less than 0.2 percent of the known eukaryotes on the planet. This undertaking has an anticipated timeline of about 10 years with $4.7 billion needed, but will enable us to better understand the interconnections between biodiversity, ecosystem health and climate change.

Why it's important: As with all Moonshots, and the Humane Genome Project before it, keep an eye on this project not only for the insights that result, but also for the new technologies that are developed along the way.  Share on Facebook

Spotted by Marissa Brassfield / Written by Jason Goodwin 

Using Blockchain Tech to Democratize Space

What it is: Space Central, an organization founded by Space Cooperative, has launched a project to leverage the blockchain to foster decentralized and international cooperation in launching humanity into space. Later this year, Space Central will launch an ICO to raise a maximum of $10 million, but also has longer-term plans to use Ethereum-based smart contracts to trigger later funding rounds based on project success, and eventually develop this into a DAO, or fully decentralized entity. Additionally, the project team is also working on adding new features to the blockchain to facilitate cooperation at a technical level, as opposed to a purely funding and voting mechanism.

Why it's important: Keep an eye on Space Central not only for its goal of getting into space and developing international cooperation, but for its use of "utility" tokens versus the more speculative security tokens that most have been to date.  Share on Facebook

Spotted by Morgan McDermott / Written by Jason Goodwin 

What is Abundance Insider?

This email is a briefing of the week's most compelling, abundance-enabling tech developments, curated by Marissa Brassfield in preparation for Abundance 360. Read more about A360 below.

Want more conversations like this?

At Abundance 360, Peter's 360-person executive mastermind, we teach the metatrends, implications and unfair advantages for entrepreneurs enabled by breakthroughs like those featured above. We're looking for CEOs and entrepreneurs who want to change the world. The program is highly selective. If you'd like to be considered, apply here

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