During the last few weeks and months so much has changed for all of us. With the recent pandemic we’ve seen many things change that we heretofore took for granted, things we’d become so accustomed to were transformed within days. It’s left us wondering how long it will take to get back to normal or ask whether ‘normal’ will ever be the same. It’s been a trial of endurance to say the least.
My intention is not to cover recent global events, but instead to focus on how we react to what’s happening in our lives; to take a deeper look at ways we can survive hardships and come out stronger as a result.
Establishing A Good (and Mutually Beneficial) Business Relationship With Your Employees
From a leader’s point of view, there are three basic things that compose a functional relationship: Command, control, and communication. Those are the most basic aspects that leaders need to establish a basic link between themselves and their employees.
It’s difficult (if not impossible) to quantify what it takes to develop a productive and successful product team. Every product is unique, and every company does things differently. From a distance it may seem that there’s no process or methodology to create a high-performing product team.
Developing great products entails teams of people working together. With the proliferation of product roles in recent years it has become more important for product teams to function well together and collaborate effectively with other teams and individuals in the organization. Increased focus on building great teams is desperately needed in today’s fast-evolving technology world, yet for too many companies it’s not a high priority.
What does it take to develop a group of disparate individuals into a high-performing product team?
Leadership can be difficult to understand, to measure and to carry out, and too often the term ‘leader’ is used for someone who manages a group but doesn’t necessarily lead. Furthermore, what constitutes effective leadership differs greatly among cultures, industries and professions.
So how do you know if you are leading effectively?
Your interconnective infrastructure is the framework that facilitates interpersonal and other work relationships. It is important to realize that it doesn’t only encompass interpersonal relationships, it also incorporates your communication channels, organizational structure, policies, procedures, and strategy. As a leader, it is important to be able to identify and facilitate your interconnective infrastructure because it is the glue that holds your team together, either facilitating unhealthy cultures or positive ones propelled by authentic, respectful interactions founded on skills that shape and sustain trust.
Another key element of a successful product management organization is creating trust with your teams, the teams you work with to build your products. Creating relationships of trust sets a foundation for the work you and your teams will need to build great products.
Creating and leading high-performing teams in any setting requires a high-trust environment. A critical component in creating and keeping that trust is complete transparency across the team. Having seen the empowering effect of this simple notion, I regularly reminded my direct-reports that the expectation was, “All cards are face-up on the table for the full team, in every decision and on every topic.”
I first learned the value of this kind of full transparency during my years working in the Mission Control Room while operating Space Shuttles and the International Space Station. Everyone on the team reviewed every report, procedure, and mission-related communication of any kind between Mission Control and the astronauts.
Entrepreneurship is an important, integral part of modern corporate world. The entrepreneurs bring a different flavour to the companies in terms of expediting different values such as innovation, quality, trust, Ethics, Morals, Code of conduct,, adaptability to situation, personal integrity etc. to name a few.
Entrepreneurs not only contribute to the financial development of the firm, but also, they contribute heavily in the economy of the country as well. There are certain corporate values that the entrepreneurs bring to the world that can be explained as follows.
Today is Memorial Day in the United States. While many here gather as family and kick off the summer season, Memorial Day goes much deeper. We recognize those men and women who have both dedicated and given their lives for our freedom. Two of my friends currently serve in the US Armed Forces. I am deeply grateful for their dedication.
Memorial Day is also a time to remember our own ancestors and show gratitude for the sacrifices they have made to give us what we have today. So many have given so much to make this world a better place.
One of the key elements to business success is customer engagement. When you have customers that are excited about your products or services, your business grows and you prosper.
As good as it sounds (and you know this), building trust with your customer base is hard work. It takes effort and perseverance. It takes time. It’s an investment that will pay dividends if you give it the focus it needs.