Great Manager Newsletter - June 26, 2024
Why Managers Stifle Innovation
Two announcements this week.
First, there will be no newsletter next week. I am taking the week off for the July 4th holiday.
Second, later this week I will be announcing my new Great Manager Masterclass. Enrollment will be limited, so subscribers of this newsletter will get first chance to sign up. Even better, paid subscribers will get priority to sign up and receive a 40% discount. If you are on the fence for becoming a paid subscriber, the savings from this deal alone will more than make up for the subscription.
Let’s get started.
1 Big Thing
Why Managers Stifle Innovation
The article "Why Territorial Managers Stifle Innovation — and What to Do About It" from MIT Sloan Review explains how managers who feel insecure about their status often hinder innovation by not supporting ideas from their subordinates. This behavior stems from a fear of being overshadowed. To combat this, organizations should incentivize managers to embrace and promote employee ideas. By fostering a sense of identification with the organization, managers can shift from a defensive to a collaborative mindset, benefiting both the team and the company's innovative potential.
Watch This
How to Use the GROW Coaching Model
The word ‘GROW’ is an acronym for a four-stage coaching tool, but exactly what the acronym stands for does differ slightly from practitioner to practitioner. Commonly it that stands for: Goal – The clearly defined endpoint Reality – The present situation with is challenges and opportunities Options (or Obstacles) – Having identified challenges and opportunities, various options can be explored to help achieve the goal and overcome obstacles Will (or Way Forward/Wrap Up) – The Will or Way Forward step is the breaking down of the goal into achievable steps. This short video explains how to use the model.
By the Numbers
$8.8 Trillion
Worldwide, the cost of poor management and lost productivity from not engaged or actively disengaged employees is $8.8 trillion, or 9% of global GDP.
Words of Wisdom
You can be a good person with kind heart and still say no.
― The Daily Coach
Business Laughs
Discussion Topics
How do you encourage creativity and innovation within your team?
What I'm working on this week....
The new Great Manager Masterclass announcement.
Cleaning things up to enjoy my week off.
Please comment and/or share this newsletter with others.
Go be a Great Manager.