Here is our first leaderspresso book tip of the month: “Open Strategy: Mastering Disruption from Outside the C-Suite” by Christian Stadler, Julia Hautz, Kurt Matzler and Stephan Friedrich von der Eichen. Smart leaders involve a wider group of both employees and experts from outside the organization in strategy development processes to create better strategies (as a higher diversity of perspectives will result in more unique strategic ideas) and facilitate strategy implementation (due to higher level…

It is not only through good arguments that leaders can convince and influence others. Recent research results about how entrepreneurs influence investors in entrepreneurial pitches provide insights into the importance of a leader’s visual presence. Chia-Jung Tsay, Associate Professor at the UCL School of Management, tried to find factors that could predict which entrepreneurs would get funded by investors in entrepreneurial pitch competitions. For that purpose, she presented 1,855 study participants with various recordings of…

What do leaders regret when they are reflecting on their prior decisions and actions? The research of Helen Mary Meldrum from Bentley University (USA) reveals the lessons that leaders have learned from professional disappointments. Leaders need to make a lot of choices, and every choice has opportunity costs attached to it (otherwise it would not be a choice in the first place). This, however, also means that there is potential for regret inherent in every…

Fear of failure is a strong driving force for leaders, a driving force that often leads to indecisiveness, control mania and an inability to trust other people. Brené Brown in her book Dare to Lead argues that we need more courageous leaders – people who take a stand for their values, who trust themselves and others, who have the courage to be vulnerable. What do you think: Do we need more leaders who dare more?

There are many similarities between boat racing and managing an organization in a fast-changing environment. In both cases, there are clear goals (to win!), time pressure, and a need for coordinated action that allows the team to quickly react to the changes in the environment and to be faster and better than the competition. Two French researchers analyzed how an experienced skipper handled the coordination task in a fleet race. They observed two general patterns of coordination…

Are you familiar with that situation? You want to change things for the better and launch a new initiative for taking your organization a step ahead. But instead of applause and support from your team, you just earn skepticism and open or passive resistance. Recent research has found a surprisingly simple reason for why people resist to change in organizations. Many reasons for people to be resistant to change have been explored before, for example,…

Things go wrong wherever people work. But is it a good idea to let your followers followers about past failures? A team of researchers from Germany and the UK found a surprising answer to this question. The researchers collaborated with an advertising agency that organized a mailing campaign for a charity. The aim of the campaign was to recruit volunteers for the charity. 12,500 letters were sent out for that purpose. Less than 0.1 percent…

Hi everyone! Welcome to leaderspresso! A hot cup of espresso can do wonders for your mood, your motivation, and your energy levels – and that’s what a good leader can do, too. Great leaders can have an incredibly positive impact on the lives of other people, just like bad leaders can cause so much damage. We firmly believe that our world needs more good leaders. That’s why we are launching our new leaderspresso blog (www.leaderspresso.com)…