Posts tagged with 'leadership'
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A Computer Knows FIFO and LIFO. Only You Can Do NIFO
Read the rest of this entry »Just when you thought you had inventory accounting under control, here comes NIFO.
Where LIFO and FIFO are at least sort of intuitive, standing for Last In First Out and First In First Out, NIFO stands for Nose In, Fingers Out.
Huh?
Don’t worry, no accountancy board has adopted NIFO as any sort of standard, and none will since it’s a leadership guide to remind managers to, as Accounting Today …
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5 Questions to Improve Accounting’s Leadership Diversity
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Noting that “Women are underrepresented as partners and top executives in the accounting profession,” a panel of women accounting leaders said the way to change is for firms to focus on talent acquisition, retention, and promotion.
In a session at AICPA’s ENGAGE 2020 online conference the four women leaders explained it’s not enough for firms to simply hire more women accountants. Partners and managing executives have to provide women training …
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The Importance of Confidence for Women Healthcare Leaders
Read the rest of this entry »Women may hold three-quarters of all healthcare jobs, yet only 37% of the executives at the nation’s largest hospitals are female. The percentage is smaller still at Fortune 500 healthcare companies where less than a quarter of executive jobs are held by women.
What can women who aspire to healthcare leadership do to change that?
Act with confidence, says Dr. Joanne Conroy CEO and president of Dartmouth-Hitchcock Health and …
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Managers Gain More By Asking Questions
Read the rest of this entry »To be a better manager, ask don't tell. More specifically, ask questions of your team.
If that seems inconsistent with projecting strong, decisive leadership, it can be, if your questions suggest a lack of homework or are manipulative. But managers whose questions are honest attempts at understanding or express curiosity were considered more trustworthy and more credible as leaders.
Research soon to be published in Organizational Behavior and Human Decision …
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More Vulnerable, Women CEOs Negotiate More Severance
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When it comes to severance agreements for CEOs, the gender gap works against men. Women who lead publicly held companies negotiate severance packages more than half as rich as their male counterparts.
Good news? Not really, say researchers, who not only studied the size of these agreements, but also the reasons for the disparity.
“Pre-employment severance agreements reflect the heightened concern of prospective female CEOs that they are more vulnerable …
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Tech Team Leadership Takes More Than Coding
Read the rest of this entry »You've just been tapped to lead a development team on a new project. It's a sign of the company's confidence in you and the opportunity you've been wanting for a while.
Now that you're back at a workstation, reality is setting in. What do you need to get your team on board and rowing together?
In a word, it's leadership. And that has far less to do with your coding …
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Humanities Majors Make the Best Managers
Read the rest of this entry »Who make the best managers? Not MBAs or STEM professionals, says DDI's Frontline Leader Project. The best leaders are humanities majors.
"Leaders with humanities backgrounds showed the strongest performance in leaderships skills focused on people and interactions," according to the latest study from the global leadership consulting firm. Leaders with degrees in business or STEM were stronger, the research found, "in common business-related skills like judgment, problem analysis, and …
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Here's What It Takes to Be a Good Manager
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Are you a good manager? How do you know?
Who taught you how to be a manager?
Sadly, for a quarter of all managers, the answer to that last question is "no one." But even when managers are trained, often it's limited to the nuts and bolts of company policies, compliance practices and the basics of supervision. And it's a one and done program.
The good news is that of …
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Leadership Isn't About Being the Smartest
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Great leaders are not the smartest person in the room. They couldn't be. No one is an expert on everything.
The greatest leaders are the wisest in the room.
These leaders, writes author and leadership guru Gifford Thomas, "Llisten to their teams, ask the right questions, and give everyone the chance to contribute.
"They admit when they're wrong and genuinely want to learn from others."
In his short, yet powerful …
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Human Resources Should Have the Seat at the Head of the Table
Read the rest of this entry »A new book is helping to make the case that the path to CEO should pass through HR. In Talent Wins: The New Playbook for Putting People First, the authors make a powerful case for CHROs to lead the management of an organization's human capital. An article on the website of the Society for Human Resource Management quotes this passage from the book:
"Leaders at talent-driven companies are as …
