Archive for the ‘Management’ Category

Avondale Business School collaborates with Business

Monday, May 15, 2017

Business and College collaboration is a wonderful way to enhance student learning. A recent excursion organised by the Avondale Business School to Sydney saw students visit 3 business to get insights into risk management, marketing, human resources and accounting.

The first business to open its doors was the Mascot Air Base facility. Manager of Airline safety lead them into the emergency procedures training facility which demonstrated the approach to risk management, in particular in relation to the evacuation of passengers in the event of an emergency. Students were privileged to be shown the various different aeroplane doors used to deploy passengers, rafts and survival kits. They were also shown the pool used for ocean training, in both the dark and in the rain.

Students were then put into the emergency procedure training simulator, where they experienced a crash landing in which the cabin lights turned off and the cabin filled with smoke. Students followed the orders of the cabin staff in relation to “evacuate, evacuate” and were led safely out of the simulator. Some students also were given life vests to deploy, and shown the various safety features such as the water activated light. Students had a better appreciation for flight crew and risk management procedures, after this confronting experience.

Students then headed out to Allianz stadium, for a tour of the facility. Students were taken down the ramp into the stadium, and the logistics of running the stadium that is shared by three different codes of sport (NRL, Rugby Union and Football) was explained. The marketing of the stadium signs, the sponsorship of the different codes and general keeping of the grounds were explained. Students asked questions such as who are the sponsors and what are the benefits of sponsorship from a marketing perspective.

Student then headed into the Sydney Roosters facility where they were led into the boardroom for an “Apprentice” style session (yes Mark Bouris is on the Board of the Sydney Roosters), by the Chief Financial Controller Mr Manuel Vlandis. Students were presented with financial information about the club and the challenges of running a rugby leagues club from a financial perspective. Questions were asked of the salary cap, costs of injured players, and how the model works in relation to revenue streams such as memberships, gate takings and sponsorship. The CFO was happy to answer the questions, and speak of his relationship with the Board and the new strategic plan they are currently developing.

Students then headed next door to the NSW Waratahs headquarters. There the player development manager Lachie McBain explained the complexities of running a rugby club, including issues such as preparing players for life after sport. He talked about the initiatives the club has in place for players such as further education and financial planning. He discussed the available careers in a rugby association, and his role in relation to his employer being RUPA (Rugby Union Players Association), formed to prepare players for life after sport. The club facilities were shown to the students, including the training areas, technology viewing areas and player lounge. Students asked questions in relation to membership numbers, revenue from Foxtel, sponsorship and player wages.

Feedback from the day included the following:

“It gave us insights into jobs where we do not see what happens behind the scenes”

“It was awesome to see business applied in a sporting context”

Avondale Business School will continue working with these businesses in the future, turning textbook learning into the reality of business. As the late Wallaby and Lawyer Ross Turnbull stated “There is nothing that I learnt in SPORT that doesn’t apply to BUSINESS, or LIFE” (2014). This excursion came from research done previously into the education of current sports people for their career after sport, a paper to be presented at the Global Conference on Education and Research (GLOCER 2017), which will be held during May 22-25, 2017 at the University of South Florida Sarasota-Manatee campus in Sarasota, Florida.

 

How To Be A Bad Manager

Sunday, December 18, 2016

Bad Managers

I was intrigued recently to read an article in The Huffington Post (find it here) that identified eleven ineffective leadership styles. It was hard while reading not to assign the names of people I have worked with through the years against these. It was even harder when I realised I was guilty of a number of them.

The article is a quick read, in infographic style, so I’m not going to reproduce all the material here, but I will highlight the top five styles that most annoy me:

  1. Micromanaging
  2. Autocratic
  3. Dictatorial
  4. Excessive consistency
  5. Mushroom management

As you read the article, think honestly about your own leadership and see if you are guilty of having any of these styles, and if you do, then develop a plan to see if you can move from being ineffective to effective. Your employees will love you for it!

Are You A Toxic Leader?

Sunday, December 4, 2016

Toxic LeadershipThat’s a tough question to answer for many of us. We would like to believe that we have no faults, and if only everybody did what they were told, before I tell them, then the business will go alright. Unfortunately, sometimes we are the problem, and for leaders it may be our leadership.

In a recent blog in Business News Daily (Read it here), Nicole Fallon Taylor outlines 4 warning signs that you may be that toxic leader. The article is well worth the read, if you are game! As a teaser, the four warning signs are:

  1. Your team keeps disappearing
  2. People don’t look to you for guidance
  3. You frequently have negative emotional reactions to work situations
  4. You feel the need to control all aspects of your teams’ operations

But don’t despair if you recognise some (or all) of these behaviours, as there are things you can do to reduce your toxicity. Fallon refers to strategies that include self-awareness, humility and accountability. In the article there are three questions to ask yourself regarding your interactions with people. Why not try some of these out during the next week and see what happens.

The Avondale Business School can help you be an effective leader– find out how by contacting Warrick Long at the Avondale Business School.

E: Warrick.long@avondale.edu.au

P: 02 4980 2168

Micromanaging Could be Killing Your Employees

Sunday, November 6, 2016

MicromanagingVery recent research has looked at how having less freedom in a high-stress job can increase the likelihood of employee death by over 15%. Chad Brooks provides a great summary of  this research in a blog (read it here).

Interestingly, where employees have control within their high-demand jobs, there is a 34% decrease in the likelihood of death as compared to a low demand job. Therefore, in stressful jobs employees need control over what they do and when. This can be energising to employees when they feel they have more freedom.

The study also found that in low control jobs employees are often heavier – frequently the result of using coping mechanisms like eating or smoking to cope.

The lesson from this is that organisations should focus more on giving employees more say in how their work gets done. Are you a micromanager? Or do you trust your employees?

The Avondale Business School can advise your organisation on being effective in these areas – find out how by contacting Warrick Long at the Avondale Business School.

E: Warrick.long@avondale.edu.au

P: 02 4980 2168

Multitasking Doesn’t Work!

Sunday, October 23, 2016

Multitasking 4I have met a lot of people in life who have been very proud and vocal about their ability to multitask, notwithstanding I am a male and supposedly have diminished multitasking abilities. However, a recent article from Andrew Medal in the Entrepreneur blog (find it here) suggests multitasking is not as good as we’ve been led to believe.

The article contends that switching from task to task is very ineffective as it takes our brains some time to adjust to the new flow of thoughts, and rapidly changing disrupts these flows, and compromises the quality of our work. I wonder if this principle would equally apply to rapidly moving from one meeting to the next, with little time between to process or adjust?

Medal proposes a system to increase productivity, based on the method developed and implemented by Ivy Lee in 1918. The process involves six steps:

  1. Make a list of six important tasks for tomorrow at the end of each work day.
  2. ?
  3. ?
  4. ?
  5. ?
  6. Complete all tasks on the list in the same manner and repeat the process for the next day.

What are steps 2 – 5? Well you will need to open the article and find out! However, I can attest that the process does work well, except for when a crisis occurs!

The Avondale Business School can advise your organisation on being effective in these areas – find out how by contacting Warrick Long at the Avondale Business School.

E: Warrick.long@avondale.edu.au

P: 02 4980 2168

Managing Up

Sunday, October 9, 2016

Manage Your BossThere is plenty of advice out there on how to lead and manage teams, and we at ABS have presented many of these. However, in a recent Business News Daily blog Nicole Fallen Taylor writes about a different perspective to managing – managing your boss, or managing up. You can read the full article here, but following is a brief summary of the main features.

Don’t be afraid to manage up – which essentially is learning what your boss’s work style is and adapting to it for achieving the best possible results for the team. Remember though that every boss is different, and one size does not fit all. Also remember that your boss has many more people to worry about than just you, so don’t be too pushy or all-consuming. The author provides a few tips on what might help in this process:

  1. Earn your boss’ trust
  • Build friendly rapport
  • Learn how they prefer to work
  • Leave your ego at the door and commit to your manager’s and company’s goals
  1. Give regular feedback (but don’t nag)
  • Don’t take up all their time – they have more to do than just listen to you
  • When invited – provide honest feedback
  • Be aware of your boss’ communication preferences
  • Don’t catch them off-guard!
  1. Show that you’re a team player
  • Don’t try and micromanage your boss
  • Look to add value to the team, for example:
    • Keep cool under pressure
    • Offer solutions, not just problems
    • Mentor junior staff

And most importantly, managing up is not sucking up! It is all about the success of the team, where everybody wins.

The Avondale Business School can help you and your team develop leadership skills – find out how by contacting Warrick Long at the Avondale Business School.

E: Warrick.long@avondale.edu.au

P: 02 4980 2168

How To Do Sick days

Friday, September 23, 2016

Sick daysRecently I felt a bit out of sorts, but was proud that I was able to “soldier on” and still turn up to work and get a few things done. But I was challenged about the real virtue of doing that, and found an article in ‘The Muse’ by Richard Moy (read it here) that gives some tips on how to handle being sick.

Moy makes the point that we all feel like we need to get to work in order to keep on top of things, but challenges this. In the article he proposes three things most of us are not doing right, and offers some tips on how to get it right.

The article is not particularly long, so I’m not going to summarise it all, however the main issues Moy addresses are:

  1. You’re treating your sick days as an all or nothing proposition

What to do instead of going into work sick

  1. You’re trying too hard to get out of the house

What to do instead of going out

  1. You’re working too hard

What to do instead of taking meetings from bed

Presenteeism is a real issue in workplaces now, whereby employees come to work sick, but are basically ineffectual for as long as it takes them to get better. Whereas if they were to stay home, they are more likely to get well quicker, and you actually gain in productivity more than if they come to work sick. Not to mention the risk of spreading their disease to other employees causing them to get sick as well.

So let’s make a pact to take the time to actually take our sick days, and get better sooner. If you would further information on how Avondale Business School can help your organisation, contact Warrick Long

E: Warrick.long@avondale.edu.au

P: 02 4980 2168

Why Leaders Lack Emotional Intelligence

Sunday, September 11, 2016

Emotional IntelligenceTravis Bradberry is the author of Emotional Intelligence 2.0, and in a recent blog in Inc.com explained the counter-intuitive situation of CEOs having the lowest level of emotional intelligence (EQ). You can find the article here.

Through his organisation TalentSmart, Bradberry analysed over one mission EQ profiles across the spectrum of roles to find out who has the highest level of EQ. Surprisingly, it is middle managers, probably because people in these positions have been put there because of their ability to work with people and general level-headedness.

After this though, the scores drop continually until ending up with the CEO, who typically had the lowest EQ scores. However, Bradberry also notes that the best-performing CEOs will have the highest EQs. Bradberry proposes that KPIs and knowledge form a significant part of the appointment process for these roles, which focus on short-term results. Instead, he suggests that the key criteria should be their skill in inspiring others to excel. It is this new environment of leadership where leaders find themselves getting out of touch with people and their EQ levels dropping.

Listed below are a few of Bradberry’s strategies for boosting your EQ:

  • Acknowledge other people’s feelings
  • When you care, show it
  • Watch your emotions like a hawk
  • Sleep
  • Quash negative self-talk

In the coming week, why not give at least one of these strategies a try, and see if your EQ gets a boost. The Avondale Business School can help you and your team develop leadership skills – find out how by contacting Warrick Long at the Avondale Business School.

E: Warrick.long@avondale.edu.au

P: 02 4980 2168

Two Types of Leadership

Sunday, September 11, 2016

Leadership 2

Leaders can be categorised into those who have a desire for either dominance or prestige. So writes Emily Stone, reporting on research that has just gone to publication from John Maner and Charleen Case of the Kellogg Institute. You can find the article here.

From their research, Maner and Case found that typically people are motivated either by their desire for dominance or prestige. Neither is any better or worse than the other, but each works best in different circumstances. Typically, leaders have the capabilities for both types, and effective leaders are those who know when to switch between the two types, depending on the circumstances and situation.

A desire for dominance leaders typically led by intimidation and coercion, and demand following rather than inspire it. But they are also decisive and swift decision makers. Unfortunately, they are also characterised as likely to sacrifice the best interests of the group in order to retain their power.

Prestige seeking leaders will display their skills and knowledge, convincing people that they are worth following. They are known for being able to foster creativity and innovation in their teams, but they are also prone to avoid making the right decision in order to continue being liked. They are reluctant to give the hard feedback required at times.

You might be a dominant type leader if you do most of the talking in meetings, and lower your voice when talking. But beware, people often mistake you talking for competence, just because you sound like you know what you are doing. Time reveals the truth. Alternatively, you could be a prestige style leader if you listen more than you talk and can empathise with your employees who are able to find innovative and creative solutions to issues.

Stone points out at the end of her article that Maner and Case remind readers the best leaders are those that are able to switch between the two types as situations and circumstances change.

So which type of leader are you? Most importantly, are you able to adapt? The Avondale Business School can help you and your team develop leadership skills – find out how by contacting Warrick Long at the Avondale Business School.

E: Warrick.long@avondale.edu.au

P: 02 4980 2168

Slow Deciders Make Better Strategists

Sunday, August 14, 2016

Strategy 3What contributes the most to making good competitive-strategy decisions – Education? Experience? Outsiders with new ideas? Mark Chussil, in a recent HBR Online article (read it here) shares some findings from data he has collected based on competitive-strategy decisions.

Chussil has developed a matrix of decisions, highlighting the four styles of strategy decision-making as follows:

Chussil

 

 

Chussil’s experience indicates that those in the best performing group are the “I don’t knows”. These are the people who take their time and consider alternatives before launching into making their decision.

This is opposed to those who “Already know”, and are overconfident, not really looking for other solutions, because they “already know” the answer. Close behind this group are the “Now I knows”, who have a high degree of confidence following pondering the issue for a time.

The lesson that Chussil draws out is to take a “not so fast” approach and really consider alternatives before committing to action.

The Avondale Business School can advise your organisation on being effective in these areas – find out how by contacting Warrick Long at the Avondale Business School

E: Warrick.long@avondale.edu.au

P: 02 4980 2168