A new report finds 53% of financial services executives say that adhering to ethical standards inhibits career progression at their firm. A former Wall Street trader describes why.
In Napoleon Hill's bestselling book, Think & Grow Rich, he introduces a practice called The Master Mind Group. As an executive who wants to succeed, you should regularly assemble a grouping of professionals who will help you learn, understand and grow.
Most people tend to think they are as clean as downy-fresh sheets drying in the summer sunshine.
"In looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if they don't have the first, the other two will kill you." — Warren Buffett
Who is Michael Hyatt? Well, let me tell you about a man called Mike in Tennessee.
Part Five of a series on Ethical Leadership — many more to come. Have I lost my mind? Honestly — the idea of making the press your friend is obscene!
In the past three parts of this series, I've endeavored to lay out ways for leaders to strengthen their ethics and how to apply it to their leadership style. Some are hard and some are easy. This is an easy one: Get Philosophy into your life.
In every endeavor in life, balance comes to play and it helps to have something or someone to help you maintain (or regain) your balance when times are tough. This is where mentors come in.
This is Part One of a multi-part series on Ethical Leadership. "I rely far more on gut instinct than researching huge amounts of statistics." - Richard Branson
I thought I would start with the most apparent way to lead ethically - by your gut. Why? Because I feel that most people are good and try to live their lives from a position of doing good for others. I know — there are some horrible people out there — but overall, I believe that the majority of executives are guided by good rather than evil. Unfortunately, some are pulled to the dark side by a number of different reasons (found in my last post).
Leading with Gut Instinct means that you listen to an inner voice — what scientists call 'your intuition'. Intuition is a feeling within your body that something is right or just not right. Did you catch that I said "within your body" and not just "within your mind"? We've all had moments of intuition - a certain colleague or a business deal. Sometimes we listen and sometimes we don't —intuition is the signpost pointing us to the right way — unfortunately, we sometimes take the wrong way.
"Trust your hunches. They're usually based on facts filed away just below the conscious level." – Dr. Joyce Brothers This is why I believe my gut. Our brain is made up of billions of neurons firing many times during the day. Thoughts, emotions, facts, knowledge, etc. all are accessible at one time or another. If you have a highly structured and organized mind, you probably don't use your intuition as much as the next person. You just go to the library, choose your book from the shelves, and access the info that you need.
Everyone else's brain uses a more complex system — intuition — to unconsciously make their way through that ball of wire we call the brain and access that one (or more) tidbit of information needed to make the right decision.
The creative is the place where no one else has ever been. You have to leave the city of your comfort and go into the wilderness of your intuition. What you'll discover will be wonderful. What you'll discover will be yourself. – Alan Alda "Be yourself" — (how I love that term) — intuition allows you to make decisions from where you stand, not from anyone else's perspective. This is a sign of a true leader - one that makes the hard decisions, efficiently and effectively.
So next time you need to make the right decision — use your gut. It will keep you on the right track.
eth-ics (noun) - that branch of philosophy dealing with values relating to human conduct, with respect to the rightness and wrongness of certain actions and to the goodness and badness of the motives and ends of such actions. Right and Wrong. Good and Bad. And the most important part - the motive and ends of such actions. There are many executives out in the marketplace today that know what they are doing is wrong . . . and bad.