Making Difficult Conversations Easier
? Sue Tinnish, PhD
Empowering Leadership & Growth | Executive Coach | Vistage Chair | Peer Group Facilitator
In this Issue:?
1.???? Coming attractions
2.???? Difficult Conversations
3.???? Curiosity, Humility and Success
4.???? Will These Trends Be Your Friends? (Part 4 of 4)
5.???? The Four Day Way
6.???? Dry Powder (or Will Private Equity save us?)
7.???? Econ Recon
?
Coming Attractions
As a CEO, you’re challenged each day to lead better, scale more and grow faster. In the face of inevitable obstacles, the Business Growth CEO Conference is designed to equip you with the tools and strategies to translate your vision into tangible results. This virtual event is on Friday, December 8, 10:30 a.m. to 3:00 p.m. CST. Three Keynotes (Jack Stack,?Great Game of Business, Jan Welter, first female NFL Coach, and Casey Brown , President of Boost Pricing) and breakout sessions.
This event is for Members only. If you’re a non-member (qualified CEO or Key Executive) and wish to attend, please contact me and I will be happy to share the event voucher code to allow you to register.
Dec. 15 webinar: Preserving your legacy wealth. Hillel L. Presser shares the top 5 mistakes to avoid in preserving your family’s legacy. Register .
Jan. 12 webinar, Business trends for 2024 and beyond. Marc Emmer will recap highlights from his popular Business Trends 2024 series (information and links to the written articles below; item #4) and provide an update based on the latest data and insights. Register .
Difficult Conversations…at the Thanksgiving Table or Work
Hopefully, no difficult conversations will occur at your Thanksgiving table.? If you avoid one this Thursday, you know there will be a difficult conversation in your life.
Most people come into a difficult conversation with only one agenda: To persuade the other party or parties that they're right, and that those who disagree with them are wrong. To that end, people typically ask three questions:
When you're in the middle of a?difficult conversation --giving tough feedback, sharing bad news, or dealing with conflict, Debbie Goldstein, lecturer at Harvard Law School and managing partner of?Triad Consulting Group , a leadership development firm, shares this simple question that can help break down barriers, build trust, and start you on your way toward solving the problem. Read more at People Who Are Good at Dealing with Conflict Ask this 1 Question .
Curiosity, Humility and Success:? Sam Walton
We can study the lives of successful businesspeople but merely copying them is not likely to lead to success. The opportunities they seized and how they exploited them are particular to their times and talents.
Even so, there are lessons we can extract from not only their actions, but their personalities and character. Looking at Sam Walton the founder of Wal-Mart.
Most of us certainly have heard of Sam Walton and his signature accomplishment, Wal-Mart. But do you?really know how he built a chain of over 5,000 Wal-Mart and Sam’s Club stores? As a starting point, I suggest an excellent executive summary of this story just posted on the American Business History Center site:?How Curiosity and Humility Built The World’s Largest Company .
??
领英推荐
Will These Trends Be Your Friend?
Social Trends for 2024 and Beyond (Part 4 of 4)
Peter Drucker once said that demographics are the “future that has already happened.” Vistage speaker Marc Emmer looks at the aging of America, and other demographic related trends such as healthcare, inequality, diversity ,and education and how they will affect small to mid-sized business.
Spend a few minutes reviewing Social Trends for 2024 and Beyond and be sure your strategies take advantage of them.
Links to the previous three installments?on Ecological, Technology and Economic trends can be found at the end of the article.
Join Marc as he recaps these trends on Jan. 12 - Business trends for 2024 and beyond .
The Four Day Way
Many executives are struggling with the dynamics of the work from home phenomenon (WFH) that Covid made necessary for more than year. Employees like the flexibility and know the war for talent makes a company with a work from home policy attractive, but employers worry about productivity, accountability, and the impact on company culture.
Vistage employment law expert Hunter Lott recaps “one company's results from their experiment with a shorter workweek as a strategy for increased productivity. Based on what happened, the company has no longer any plans to return to the old schedule based on what they saw from their test.”
Check out his latest “Take 5” video, “The Four Day Work Week” which recaps the pros and cons and addresses key productivity ideas.
An additional article from “The Nation” may also be of interest: ?The World’s Biggest Trial of a Four Day Workweek Shows:? It Works .
Dry Powder (or Will Private Equity save us?)
Several measures of the economy may be pointing to a recession next year, but one not frequently mentioned in most economic news is?the amount of cash on the sidelines waiting to be invested. Currently, there is “$2.5 Trillion in private equity (PE) cash reserves waiting be invested. “This dry powder could spur a rebound in mergers and acquisitions…with broader impacts across the economy.”
Spend a few minutes with this short post on Visual Capitalist:? Will Private Equity Drive the M&A Recovery?
Econ Recon
Complexities of U.S. Federal Debt Ownership:? Dr. Brian Wesbury breaks down the ownership of the debt that funds our government Check on out his recent “Three on Thursday” blog post”: Who Owns the Federal Debt. Also take a look at his weekly High Frequency Data Tracker .
Four “Tells”: ?ITR Economics’ Brian Beaulieu recaps four major indicators (“tells”) of the economy and what he thinks they portend for a recession and its potential severity, in 2024 in his latest Fedwatch.
??
Wishing you a Thanksgiving filled with joy and gratitude.? "Be thankful for what you have—you'll end up having more. If you concentrate on what you don't have, you will never, ever have enough." – Oprah Winfrey.
Sue Tinnish, PhD,?Vistage Chair, Facilitator, & Executive Coach
Find me easily at: 847.404.7325,?[email protected] , Twitter:?@STinnish, LinkedIn:??www.dhirubhai.net/in/suetinnish , Website:??https://vistage.com/chairs/sue.tinnish ??
Executive Mentor | Vistage Chair | Speaker | Performance Improvement Expert | Author
1 年What you want is on the other side of a conversation you are not having.... Excellent line up of topics Sue Tinnish, PhD
Helping high-ticket B2B service businesses close MORE deals FASTER at HIGHER PRICES using First-Time Offers that will break your cash register. ?? Podcast Host ?? Multi Best-Selling Author
1 年Have you ever read Sam Walton's book, "Made in America"? It's extremely well written and an inspiring read. One of the ways Walton bucked the trend was he had the investors come to Arkansas instead of his team going to New York. He felt it was important for the investors to understand the culture that drove Walmart. There was also a day when all of Walmart's products were made in America. Sadly, Walmart has drifted from Sam Walton's dream.