This week’s edition of What’s Hot Wednesday includes information about how major US companies are boosting their risk-taking tolerance, the expanding concept of focus for leaders, and four questions to ask yourself when you have a big decision to make.

Read below to find out what the Owlthena team is buzzing about this week:

 

  • Leaders of Top US Companies Encouraging Teams to Take More Risks

Business owners are extremely familiar with the concept of risk-taking. Most startups and companies claim to live by the virtues of creativity and innovation yet many of those same organizations live in fear of making mistakes, wrong turns, and missteps. As a business owner, if you are not prepared to fail you are not prepared to learn. Leaders at some of the largest US corporations like Amazon, Netflix, and Coca-Cola are encouraging their teams to take more calculated risks to move their businesses forward.

Read more here.

 

  • The Importance of Focus in Leadership

While the focus is a cornerstone of strong leadership, we tend to think of focus as thinking about one thing and filtering out distractions. The focus is actually more complex than that and strong leaders have the ability to focus on three distinct categories: focus on yourself, focus on others, and focus on the wider world. Doing all three well helps build emotional intelligence and the ability to devise strategies, innovate, and manage organizations.

Read more here.

 

  • 4 Questions to Ask Yourself When Making a Big Decision

As a business owner, you are confronted with decision making each day. While some of those decisions may be small and routine, often the decisions can have important, long-term consequences for your organization. Although there is no way to see into the future to determine the best course of action, you can ask yourself questions to gain a better understanding of what your next steps should be.

Read more here.

And remember, if you need help thinking through that big decision, you can always schedule an Owlthena session with me.

Want to chat about any of this with us, or something else on your mind? Reach out, we’re looking forward to talking with you!