7 tips for turn-around leaders
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Leadership within a business is critical, especially during unforeseen times such as COVID-19, this is when our turnaround leadership skills need to get into gear.
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Amazon's leadership principles guide ever decision the company makes. This presentation provides an overview of them as well as the other essential processes/concepts such the Working Backwards, Tenets, and Raising the Bar, that contributed to this company's success. These principles and concepts can be applied to any organization to increase its success.
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1) Overcoming resistance to change is crucial, as change is scary and people naturally resist dramatic changes. Leaders must realize people won't love them for causing disruption.
2) To achieve transformation, leaders must set clear objectives, engage all levels of leadership, overcome resistance through persistence and follow through, and hold people accountable for adopting new ways of working.
3) Focusing on establishing a clear vision, engaging and aligning leadership, and taking a systematic approach that links strategy and organization can help speed up transformation and minimize costs and disruption despite initial productivity declines due to change.
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Leaders obsess over customers and work backwards from their needs. They think long term and take ownership across their organization, never saying tasks are not their responsibility. Leaders encourage innovation, simplification, and learning from all sources. They hire and develop exceptional talent while driving relentless improvement and high standards. Leaders inspire bold visions and take calculated risks through action, frugality, and trust-building.
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Agile working is all about making decisions quickly, giving co-workers autonomy, and sharing knowledge. How can you maintain agility when you're not in a face-to-face setting, which is a crucial component of its success?
Agile teams are now more crucial than ever in the fast-paced environment we live in. Agile teams are able to easily respond to new needs and quickly adjust to changing circumstances. They become a significant asset in any business as a result.
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Most recently, the COVID-19 pandemic has been the impetus for transformation. For many businesses, the crisis has brought to light problems that were lurking long before the coronavirus but were never addressed.
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Introduction
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https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
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• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
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