Most popular TEC articles so far in 2017

TEC’s blog is comprised of an extensive list of resources suited to the eyes of SME CEOs and executives. If you missed one of our weekly posts, below is a list of our top blog articles thus far in 2017.   1. The guide to organisational structures (flat vs hierarchical)  An organisation’s structure forms the very […]

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How to have difficult conversations with employees

How to have difficult conversations with employees

In an interview with 200 executives, it was discovered that 53% of executives admitted to avoiding difficult conversations because they felt they didn’t have the training or the experience to handle them. Of those who avoided conversations, 97% did so because of the stress that it caused them — and 80% were concerned that the conversation would escalate […]

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What makes a good mentor? Thoughts and ideas from Richard Appleby.

Here at TEC, we know just how important mentoring is. But, what truly makes a good mentor? TEC Chair Richard Appleby has written this piece for us to share his thoughts on the subject: In my experience, it's all too easy to have a mentoring relationship that ends up being a "nice chat" type format, […]

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The impact of Impostor Syndrome on CEOs

70% of millennials have impostor syndrome; it’s a growing trend in the modern world. First discovered in the 1970s, impostor syndrome is typified by a constant and persistent belief you are not as competent as you are believed to be. Understandably, impostor syndrome is most often found in those who have elevated or high-pressure positions: doctors, scientists, and, of […]

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How to outsmart your biases in business decision-making

Everyone has biases, from the newest entry-level employees to seasoned CEOs. It’s crucial that business leaders are aware of their biases. CEOs who are unaware of their own biases can easily encounter lost opportunities and devastating miscalculations. Remaining neutral is an active role that a leader has to take; it is something that takes hard work, self-awareness, and […]

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How to manage employee retention: Lessons from Marsh & Partners

More than 75% of the CEOs of Fortune 500 companies were promoted from inside of the organisation. Whether they were promoted on the basis of a family dynasty, through merit, or a combination of both, CEOs have an average of 16 years of experience within their organisation. In fact, approximately one-third of these CEOs are ‘lifers’ — individuals who […]

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How to successfully manage business mergers: Lessons from PwC

Between 70% to 90% of mergers and acquisitions will ultimately fail. Managing a business merger requires a delicate and experienced hand. Not only do you need to consider the direction and fundamentals of both organisations, but you also need to consider culture, strategy, and vision. Mergers tend to be particularly hard on staff members, both because […]

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Are you a manager or a leader? Three essential lessons from Inspire CA

A manager is someone who does exactly that — manages. They’re the people who give employees direction when they come to work every day. They answer questions, offer guidance and provide insights to help staff achieve goals. A leader, on the other hand, is someone different. Someone who is inspirational, passionate, innovative and empathetic. A […]

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4 Insights into what great CEOs do differently

When less-than-optimal leadership costs businesses as much as 7% of total sales each year — what’s the difference between a good CEO and a great CEO? A good CEO is an important part of any successful business. A great CEO, on the other hand, doesn’t just lead — they inspire and contribute to an impactful business. […]

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5 Leadership styles and when to apply them

An effective leader motivates and guides employees, targeting their strengths and weaknesses so that both the employees and the organisation can succeed. The relationship between leadership styles and employees, therefore, plays a crucial role. Despite of this, surveys have shown that 75% of employees voluntarily leaving their positions leave because of their bosses, leading directly to issues […]

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A guide to company culture from 5 successful businesses

Developing a strong sense of company culture pays off. Employees who are happy are up to 12% more productive than average workers, able to outperform their peers and consistently improve an organisation’s revenue. A strong company culture means retaining your employees, spending less time training, and being able to procure the top talent. Here are some […]

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How important is emotional intelligence in leadership?

Leadership isn’t just about IQ or technical skill – in fact, these are the entry-level requirements for executive positions. When 58% of all success in jobs are accounted for by emotional intelligence, it’s a clear sign that emotional intelligence has a vital role in the workplace. It has also been discovered that people with a high […]

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The guide to organisation structures (flat vs hierarchical)

Is it time to redesign your organisational structure? Though many companies can benefit from a restructuring, fewer than a quarter of organisational redesigns actually succeed. But it doesn’t have to be this way. Organisations can undergo successful restructuring as long as they understand the differences between organisational structures (flat, hierarchical, matrix etc)— namely, their benefits and their […]

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authentic leadership

Authentic leadership and what it means for culture

Authentic leadership: An approach to leadership that emphasises building the leader’s legitimacy through honest relationships with followers which value their input and are built on an ethical foundation. Authentic leaders are positive people with truthful self-concepts who promote openness. Authenticity has been at the centre of the leadership conversation for some time now. So much […]

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business strategy planning

Planning your business strategy? Here are 4 tips for success

A good strategy for your business is nothing without the people to put it into action. From yourself as a leader through your direct reports and onto the rest of an organisation, everyone contributes to the execution of strategy. Often, recruitment and human resources demands will inform an integral part of a company’s strategy, so […]

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The first steps you need to take for change management

Strategic planning objectives have to be about much more than the financial impacts and considerations. Often they depend as much on an organisation’s culture and leader as the amount of money they can put forward, an issue that becomes clear when we look at success rates for strategic initiatives. According to The Katzenbach Center, just […]

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