Lead on Purpose

Promoting Leadership Principles in Product Management

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Why success is a positive-sum game

In game theory and economic theory, zero-sum describes a situation in which one person’s gain is exactly balanced by another person’s loss. In games like chess, one person wins and the other loses. The win (+1) added to the loss (-1) equals zero.

At times our progress in business may feel like a zero-sum game. With the right leadership, however, success is a positive-sum game. Most successful people freely admit they achieved their success with the help of others.

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Why we trust leaders who admit their mistakes

Guest post by Steven J. Stowell Ph.D. 

Anyone in a leadership position knows that mistakes are inevitable.

They can hit at any time and it may not even be a direct result of your actions. But there is one mistake that is worse than the actual mishap.

If you want to dig a deeper hole for yourself then refuse to admit to your mistakes.

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3 strategies to lead your boss

Organizations are becoming flatter. Companies that once had deep hierarchies are flattening their corporate management.

CEOs, executives and other company leaders have so much on their plates these days they often don’t have time to get the best answers on how to proceed. Yet they do not always recognize that gap, and therefore proceed to tell you what to do next. Here is where your leadership comes into play…

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How leadership links to independence and prosperity

Today in the United States we’re celebrating Independence Day. This is a special time because it represents the efforts of great leaders, in the late 1700s, who risked everything to form a new country where people could pursue their dreams. Those men were not only great leaders in their day, but their influence continues to inspire others—all around the world—to step up and do great things.

I’m not a historian, but I have read enough about the US Founding Fathers to understand their vision that forming a country where people were free to pursue their dreams would lead to innovation, industry and prosperity. They knew that given the opportunity, individuals would rise up and do great things. They were right.

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3 actions to building a culture of trust

Gaining and keeping the trust of those you lead is one of the top factors to your company’s ongoing success.

To work successfully as a team, the leader must create a culture where people can rely on the strengths and abilities of those they work with and believe in their leader’s direction and vision.

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The executive leader of the FUTURE: Trusted Steward

Guest post by John Blakey

Stewards inspire trust by re-defining the purpose of business to deliver in a new way—triple bottom-line goals—and then putting themselves and the organization in service of those goals.

The triple bottom-line creates a vacancy for a different type of executive leader. Tomorrow’s executive leader will not be yesterday’s manager, driven by one dominant owner, to produce one measure of success. In contrast, tomorrow’s executive leader will balance the diverse and dynamic expectations of stakeholders. She or he will be a steward.

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