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The Seven Habits of Spectacularly Unsuccessful Executives: Do you or any of your executives possess any of these Sins?
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It's rarely discussed, at least as not as much as the habits of successful CEOs, but the truth is that it takes some special personal qualities to be spectacularly unsuccessful. In this recent article from the
Ivey Business Journal, Jackson Leadership Special Consultant Sydney Finkelstein discusses how leaders can be not only instruments of success, but sometimes also architects of failure. See if you or any of the executives for which you are a Director possess any the "7 Habits" he has found to be linked to successful executives encountering trouble down the road.
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Jackson Leadership Launches new Practice
Area on "Building a SMART
Organization"
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In 2003,
Professor Sydney Finkelstein published
his Amazon #1 Business Best-Seller on
Why Smart Executives Fail. In
it, he summarized 6 years of research on
why some very smart executives at 52
very successful organizations had made
decisions which led to massive corporate
failure.
Now, Jackson
Leadership and Professor Finkelstein
have collaborated on the next stage of
research on this topic on what
differentiates highly successful
organizations who stay on top (e.g.,
Dell, Four Seasons Hotels & Resorts)
over a long-period from those who went
from Great to Terrible (e.g., Schwinn,
Worldcom). To stay on top, you need to
be "Building a SMART Organization."
This requires a "SMART Early-Warning
System" that constantly tracks the
degree to which you have (1) SMART
Leadership, (2) SMART Strategy, and (3)
SMART Process in place to stay on top.
This process forms the basis of our new
practice area of "Building a SMART
Organization."
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Dennis
Deters chosen as Jackson Leaderhip's 2005
Mentor of the Year
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Dennis Deters is an SVP of Members and Corporate Planning for The Cooperators
Insurance Group. He measures his success beyond the lower right hand corner
of the Income Statement. Jackson Leadership Systems has chosen him as their
2005 Mentor of the Year. Download the announcement which outlines what makes
Dennis such an effective Mentor for up-and-coming leaders at the Cooperators.
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White
Paper on Jackson Leaderhip
"Performance/Potential Matrix™"
for Succession Planning
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In this white paper, Vice President Eric Jackson describes Jackson Leadership’s proprietary
"Performance/Potential Matrix™" in detail. How is a "high-potential leader's" current
performance and future potential most accurately assessed? More importantly,
how can these leaders best be developed? The Matrix has been found to be a cornerstone tool
in any effective Succession Planning and Talent Management process.
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White Paper -
Outside Directors With a Stake: The
linchpin in corporate performance
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"Outside
Directors with a Stake: The linchpin in
corporate performance" by Donald C.
Hambrick and Eric M. Jackson in
California Management Review
(Summer, 2000). This paper summarizes an
exhaustive review of commonly prescribed
corporate governance practices linked to
long-term total shareholder returns.
Surprisingly, only one of these practices
was found to be a statistically positively
predictor of long-term performance. This
paper was based on a two-year research
study funded by McKinsey & Co. and Korn/Ferry
International.
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White Paper - Women
in Leadership: From Work to Maternity
Leave (80,6 kB PDF File Requires
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Jackson Leadership is happy to announce that Senior
Leadership Consultant Kim Rogers is back from
maternity leave. One year ago Kim and her husband
had a beautiful little girl, Stella. Stella is thriving and
Kim is ready to dive back into her work. Kim will be
working part-time from Ottawa and serving a mix of
existing and new clients. Successfully transitioning
into a maternity leave and then back into the work
world can be a challenge for any woman leader. Kim
has learned a lot through her own experience and
that of her clients, colleagues and friends. In this
white paper, Kim summarizes these key learnings.
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Leadership Development ROI:
Using Talent Management to Drive Firm Value (62,3 kB PDF File
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For decades, executives have sought to understand
the economic impact of the leadership and talent
management systems in their organizations. In a
new white paper, Jackson Leadership Consultant Dr.
Henryk Krajewski provides demonstrable evidence of
the dramatic effects that properly designed and
implemented talent management systems can have
on your corporate bottom-line. Click on the article
link below, to find out how you can help drive your
firm's value.
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Strategic Thinking Skills Coaching Module (63,5 kB PDF File
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It's the #1 Developmental Need that we see in our Executive Coaching work with "High-Potential Leaders"
about to assume the upper-reaches of their organizations:
Strategic/Long-Range Thinking. Hi-Po Leaders
have to move from analyzing short-term problems and executing on tactics affecting their groups to
addressing long-term issues and developing strategy that will cut across functions and business units
to deliver organizational high performance. Yet, such a change in thinking doesn't easily come through
reading a book or taking a Business School course as part of an Executive MBA.
For this reason, Jackson Leadership has developed a tailored and cost-effective one-on-one "Strategic
Thinking Skills Coaching" module. Taking only 90 minutes a month over 3 months, and typically completed
with other Hi-Pos from the same organization, the module covers
(1) Strategic Thinking "classical readings",
(2) Business School Case Study analysis, and (3) a capstone Strategic Analysis Presentation on the home
organization with recognized "Strategic Thinkers" from that organization in the audience. Click on the
link above to learn more.
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Corporate Storytelling Coaching (60,7 kB PDF File
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Critical communication skills are a prerequisite for successful leadership. Dynamic communicators bring color to their presentations and are able to paint compelling pictures for their audiences. They have many tools in their toolkits, but nothing as powerful as the use of stories. Stories convey ideas more effectively and faster than any other form of communication. They are repeated and remembered far more frequently than any statistical report, because the human brain can process them more easily. In this newly developed coaching module, Jackson Leadership puts the power of "Corporate Storytelling" in your hands."
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Beyond
Traditional Executive Coaching:
"Couples" Goal-Setting (72,4 kB PDF File
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Goal-setting is a technique well-known to many executives. It is also an effective part of
any Executive Coaching engagement. In this white paper, Jackson Leadership Vice President
Gary Vickrey discusses how goal-setting
can also be powerfully used for "Couples" Goal-Setting
outside of work. Gary also shares the powerful story of one executive he worked with in this
process and the enormous outcomes obtained.
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The Impact of "Prestige" on
the Initial Market Cap and Long-Term Operating
Performance of IPOs: Do Prestigious Officers,
Directors, VCs or IBanks Only Provide Short-Term
Symbolic Value or Long-Term Substantive Value to
New IPOs? (509 kB PDF File Requires
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IPOs are hot again. And with them, institutional and
retail investors must judge the value of each new
deal coming to market. In this new research,
recently accepted to this year's Academy of
Management meetings in Honolulu, HI, Jackson
Leadership VP Eric Jackson, with colleagues from
Pennsylvania State's Smeal College of Business
Administration, uncover that investors tend
to "overpay" for an IPO's prestigious ties to its
officers, directors, VCs and IBanks compared to
actual long-term operating performance post-IPO,
based on a sample of 257 software IPOs. Before you
fall victim to a decision bias of falling in love with an
investmest opportunity because of the prestigious
parties associated with it, read this paper.
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Eric Jackson's 2002 Columbia Business
School Ph.D. Thesis: 'To Know and be
Known: Upper-Echelons Capital's Effect
on IPO Performance with Evidence from
Industries of Contrasting Levels of
Uncertainty' (11,9 MB PDF File
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What characteristics of a Senior
Management Team and Board are most
predictive of IPO and post-IPO success?
Read the 2002 Ph.D. thesis by Eric
Jackson to learn more.
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