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How to Showcase Your Leadership Skills as an Executive 

soriyan value Surviving the Great Resignation: How to Become a Leader Worth Working For skills 

How to Showcase Your Leadership Skills as an Executive 

Visionary leadership creates empowered teams and encourages innovation and engagement. As an executive, how you lead your team sets the tone for other leaders, offering a valuable opportunity to foster a purposeful, productive culture from the top down. 

Below, we’ll explore how executives can demonstrate their leadership skills and provide a powerful example to their team members.

Empower and develop your team

Investing in your team is a crucial ingredient of successful leadership because empowered teams tend to perform better. The Harvard Business Review analyzed over 30,000 global employees to examine the link between empowering leadership styles and workplace performance. The results were clear — empowered employees generally demonstrate increased creativity and problem-solving skills.

Delegating tasks can feel risky, and it requires you to put your trust in your team’s abilities. On the other hand, smart delegation can free you to focus on the bigger picture. It also allows your team members to develop their initiative and confidence. Evidence shows that trusted employees are more loyal to their companies. The same study discovered these employees are more likely to have faith in business leaders and show positive citizenship behaviors, such as taking on challenges and volunteering for extra responsibilities.

However, there’s a balance between empowering and overloading your team. According to HBR, positive relationships are vital in enabling executives to delegate successfully without burdening their team members with unmanageable workloads. You can give your team the skills and motivation to work more independently by facilitating high-quality professional development opportunities and rewarding outstanding performance.

Embrace innovation

As an executive, your leadership style sets the tone for the rest of the company. If your employees witness you embracing innovation as a cornerstone of your workplace culture, they’ll feel more empowered to generate new concepts, potentially giving your company an edge in a competitive marketplace. Innovation is especially critical now due to seismic changes in how companies do business.

For example, the rise of artificial intelligence has increased the urgency to adapt. While AI can benefit organizations by automating tasks and reducing human error, it also poses major challenges. In the short-term, increased automation could lead to significant layoffs in tech and other sectors. In addition to future proofing their business model, companies must also carefully consider their AI strategies to avoid issues such as privacy breaches and unintended bias. Embedding thoughtful innovation in your team ethos now can set your team up to face these challenges confidently and creatively in the future.

As a leader, you can encourage innovation from the top down by modeling curiosity and openly embracing opportunities to improve your skills and knowledge. You can also support your team to broaden their thinking and approach tasks more creatively by providing ongoing employee education and celebrating the successes of innovative team members and projects.

Develop a clear vision

Clarity of vision underpins any purposeful, productive team, but how you communicate your goals and strategies to your team is critical to keeping your team members on track for success. Even if it feels redundant to you, you should regularly communicate a clear, concise mission and strategy to your team so they understand what you expect of them and can keep projects running on schedule to help meet those goals. Using project management software can help you to efficiently delegate and track tasks within your team. ClickUp’s time-tracking and project workflow features can help to boost team organization and productivity.

While developing your own communication skills is essential for setting a clear vision, your team should also be able to ask questions to help them understand their responsibilities. Creating a culture where workers feel comfortable coming to you with questions can help avoid misunderstandings and prevent issues from developing. If communication is an issue for particular team members, you could consider providing training to support them in developing these skills.

Developing systems for monitoring performance and progress can also make it easier to troubleshoot problems early. Ensure your team receives regular feedback and make time to listen to their suggestions for improvement.

Another essential element of having clear vision involves always being prepared to revise your ideas. Leadership is a constant learning process, especially in a rapidly-changing landscape — being open with yourself and others about challenges can help you adapt instead of sticking rigidly to a plan that isn’t working. 

Cultivate emotional intelligence

As an executive, communication with your team significantly impacts workplace culture and performance. Therefore, being self-aware and dealing with others empathetically and respectfully is of particular importance.

Spending time reflecting, requesting feedback from colleagues, and working on your interpersonal skills doesn’t just enhance your team’s perceptions of you as a leader — it could even affect your company’s bottom line. A 2019 study examining the impact of leadership styles found that leaders who demonstrate care for their employees create improved engagement. Unsurprisingly, employees feel less engaged working under more autocratic leaders. A recent HR study found that poor engagement costs global businesses around $7.8 trillion annually, underlining the significance of emotional intelligence at an executive level.

Conclusion

Incorporating these practices into your leadership style can improve your team’s experience, but it can also have a broader impact on your company’s success. Setting a clear vision, focusing on communication, and empowering your team creates the culture you need to adapt to future challenges.

Author bio

Emily Crowley is a Senior Content Writer and Resume Expert at Resume Genius, where she loves helping job seekers overcome obstacles and advance their careers. She graduated from George Mason University with a degree in Foreign Language and Culture.

global

Global Traders Spotlight: The Latest Happenings

Col. Robert Sinkler is the new Water Resources Infrastructure director at The Heart of Illinois Regional Port District, which is branded as TransPORT. The retired commander of the U.S. Army Corps of Engineers Rock Island District says that after establishing the Illinois Waterway as a U.S. Port Statistical Area by the U.S. Waterborne Commerce Statistics Center, his second priority is “getting Global Trade Magazine to recognize the Illinois Waterway as a ‘Top 50 U.S. Power Port’ in their annual port rankings.” (Sir, yessir!).

Michael Andaloro has ascended to CEO of BDP International, replacing Richard J. Bolte Jr., who will remain as chairman of the board for the privately held global logistics and transportation solutions company. BDP also promoted Nina Olatoke to vice president, Global Diversity, Equity and Inclusion, a newly created role for the Philadelphia-based company. 

San Diego, California-based Airspace, a leader in time-critical shipping, promoted SVP Alex Coates to chief financial officer while Ruan has promoted Marty Wadle to chief commercial officer and Chad Willis to chief transformation officer overseeing Information Technology, Operations Support Services and the Extended Operations Center. The Des Moines, Iowa-based logistics leader also welcomed Sofia Samuels as VP, Marketing and Communications. More Ruan news (sadly) ends our column.

Minneapolis, Minnesota-based logistics giant C.H. Robinson snagged Arun Rajan to become chief product officer. BlueGrace Logistics, which is headquartered in Riverview, Florida, announced that Chief Commercial Officer Adam Blankenship has been added to the Digital LTL Council, which is comprised of more than 20 industry-leading Less-than-Truckload transportation providers, logistics service providers, shippers, technology providers and organizations.

The Export-Import Bank of the United States (EXIM) Board of Directors has appointed Heidi Heitkamp, a former U.S. senator (D-North Dakota) and the founder of the One Country Project that aims to reconnect Democrats with rural voters, the chair of its 2021-22 Advisory Committee. The EXIM board also selected James (Jim) P. O’Brien, a partner with Baker & McKenzie LLP, to chair the 2021-22 Sub-Saharan Africa Advisory Committee.

Speaking of EXIM, its former VP of Economic Security and Operations is now the executive director of the Alexandria, Virginia-based International Wood Products Association. Before EXIM, Bradley McKinney was chief of staff for the International Trade Administration at the Commerce Department.

Wood Dale, Illinois-based Optimas Solutions, a global industrial manufacturer/distributor and service provider, elevated COO Daniel Harms to president of Optimas Americas. Harms and Optimas International President Mike Duffy are also new members of the corporate board.

Samantha Galltin has replaced Kenneth W. Duncan as managing director of the Port of Long Beach (California) Commercial Operations Bureau, which comprises the Business Development, Tenant Services and Operations and Security Services divisions. Meanwhile, Carlo Luzzi has become the acting director of Tenant Services as the port recruits for that role.

Massimo Messina has been appointed vice president of Mergers & Acquisitions at Crowley Maritime Corp. He will be based in the maritime, energy and logistics company’s Jacksonville, Florida, office.

Brett Parker has joined Charlotte, North Carolina-based EDRAY, The Collaborative Port Logistics Platform, as chief commercial officer.

We end on a couple of sad notes: The Ruan family of companies is mourning the loss of Chairman Emeritus John Ruan III. He was 78. Dennis Rochford, a World Trade Center Delaware board member, also passed away. He was 73. RIP, gentlemen.

global

As 2020 Reaches an End, these Global Traders Continue Moving On Up

MODE Transportation, a leading multimodal third-party transportation and logistics provider based in Dallas, announced that Lance Malesh has been appointed president and CEO. He succeeds Jim Damman, who had led the company as president and CEO for more than 15 years before recently appointed chairman.

Kevin Shuba, who since 2013 has been CEO of OmniTRAX, one of the nation’s fastest-growing railroads, has accepted a new role with OmniTRAX’s parent company The Broe Group, a Denver-based, multi-billion-dollar organization with assets and operations that span North America. OmniTRAX Board Chair Cameron Scott will lead the search for the next CEO. 

Texarkana, Texas-based TexAmericas Center recently announced that John Sesler has been named vice president of Logistics as part of its newly unveiled 3PL services to its tenants. 

Team Worldwide, a global 3PL based in Winnsboro, Texas, recently welcomed Margaret Bradford as director of Ocean Services. She will be based in Chicago. Team Worldwide also created the position of director of Logistics Centers for John Barnes, who brings 34 years of leadership experience from Southwest Airlines.

United Heavy Lift, a global leader in marine ocean transport of heavy lift, breakbulk and project cargoes, recently opened a Houston office managed by Rene Pedersen, who previously worked in leading positions for Scan-Trans, Intermarine, and Zeamarine. Also joining the Houston office is Eileen Wang as Business Development executive. 

STG Logistics, a Downers Grove, Illinois-based provider of bonded Container Freight Station, contract logistics and customized transportation services, has appointed Dan Gardner chairman of its Advisory Board. Gardner is president of supply chain consulting firm Trade Facilitators, a licensed U.S. Customs Broker and an adjunct professor of Global Trade. Joining the Advisory Board along with him is Tim Nolan, president, and CEO of TOTE LLC and a former executive with Yusen Logistics Americas.

Institute of International Container Lessors announced that Dennis Lombardi is now president of the association, replacing Steven R. Blust, who will be retiring from his role as president but will stay on with IICL as a senior advisor. Lombardi had spent most of his 40-year career in various roles at the Port Authority of NY/NJ, including serving as the deputy director, Port Commerce.

Bryan Most joined the New York Shipping Exchange this past August as senior vice president of Retail, after serving as the vice president of Transportation at Walmart Stores Inc.

Nuvocargo, the first digital freight forwarder and customs broker for US/Mexico trade, announced it has expanded its senior management team with Anaid Chacon, head of Product; Antonio Echevarria, director of Sales; Hector Ruiz, director of Operations; and Luis Eduardo Torres, head of Finance and Business Operations. The company has offices in New York City and Mexico City.

Jacksonville Port Authority (JAXPORT) announced that retired U.S. Coast Guard Capt. Dwight Collins is now director of Public Safety and Security.

GoExpedi, an innovative e-commerce, supply chain, and analytics company based in Houston, announced Dustin Trahan as its new vice president of Supply Chain.

International law firm Dorsey & Whitney LLP announced that Carlos Méndez-Peñate has joined its New York office as a partner and co-chair of the firm’s Latin America and the Caribbean Practice Group. He has more than 40 years of experience in Latin America and the Caribbean, where he has helped clients complete complex cross-border transactions.

International Air Cargo Association (TIACA) bid farewell to Vladimir Zubkov, secretary-general of TIACA from January 2017 to August 2020, and special advisor to the Board on Industry Affairs since September 2020. He has not commented on what’s next after TIACA, which previously announced a leadership restructuring that will have Glyn Hughes becoming its first director-general on Feb. 1.

French Prime Minister Jean Castex named Stéphane Raison the first director-general of HAROPA, a joint venture between the ports of Le Havre, Rouen, and Paris and the fifth largest port complex in Northern Europe. Raison had been director-general of the Port of Dunkirk.

National Association of Chemical Distributors (NACD) announced the results of its Board of Directors’ elections that were held during NACD’s 49th Annual Meeting. The positions, winners and their companies are: Chairman Kurt Hettinga, Superior; Vice Chairman Edward Boss, Riteks Inc.; Treasurer Megan Gluth-Bohan, TRInternational Inc.; and Directors-at-Large Jessica Fegan, Connection Chemical LP, and Jason Jacobus, Buckley Oil Co. Directors-at-large serve three-year terms, while the rest hold their positions for two years.

Global Trade Magazine Announces Bret Ronk as Publisher

Global Trade Magazine confirmed additional members of its leadership team this week to further support the publication’s ongoing growth and client support efforts.

Bret Ronk will officially fulfill the role of publisher and VP of Sales effective November 9th, 2020. Mr. Ronk brings more than 25 years of publishing and leadership experience and will primarily support initiatives in content delivery and client support key audiences in the global business arena.

“I plan on leading the team by example and through collaboration, in order to drive the business forward and exceed market demands,” Ronk said. “My expertise lies in a multiple platform approach that provides relevant and pertinent information to our readers. This will result in providing return on investment to our customers and advertisers, as well as reader engagement.”

Mr. Ronk earned a Master’s in Business Administration, specializing in Business Management from the University of Dallas and represents a unique, dynamic, and versatile leadership style for effective, results-oriented management. For more than two decades, he fulfilled executive leadership roles for companies including McGraw-Hill Publishing, GULF Publishing, Reed-Elsevier Publishing, and The Blue Book Network.

“I am certain Bret is a great fit within our Global Trade and GSLI culture,” added Global Trade Magazine CEO Eric Kleinsorge. “The enthusiasm, character, and passion Bret brings to the table reflect the heart and soul of what company is made of. It is important to the evolving needs of global businesses that outstanding leadership is at the core of what we do. Adding Bret to our team provides a key element to achieving success for our clients,” Kleinsorge concluded.

leader

How To Be A Hands-On Leader In Social Distancing Times

There are plenty of suggestions out there about how to best lead a company, but have you ever been told that an uninvolved, uninterested, hands-off leadership strategy is the way to go? Probably not. Being a hands-on leader is more important than ever these days, as many teams are working remotely.

The more a leader separates him or herself from the rest of the company, the less effective he’s likely to be. Here are a few things I’ve learned on my path to becoming a productive, involved, hands-on leader:

Honesty. Transparent communication is crucial when developing trust. Employees know when you are vague with your information or messaging. The more you can be completely open with your employees, the more they will trust you to lead them in the future. For example, if we have a complex implementation coming up, and I can see that we are going to need to work longer hours and possibly a weekend or two﹘ I tell my team precisely that. While it may seem like being the bearer of bad news, it’s better than leading them to believe they will be logging out at five every night when that’s simply not the case.

Approachability. It’s vital that every person in the company feels that they can come to you with their problems and you will hear them. The more you listen to your team, the more insight you will gain into how to lead them effectively. Never brush off an employee’s idea, opinion, or problem. Listen with intent, not apathy.

Offer Feedback. If a team or individual is underperforming but hasn’t gotten the feedback needed to address the issue, nothing is going to change. In the same way, if you have employees giving 110% effort and producing outstanding work, that needs to be recognized. Make sure your team knows that you are present; you see the work they’re putting in, and you are on the same side.

Lead by Example. I’ve found that leading by example is an essential element of leadership. The leaders set the attitude of the entire company. You can’t expect a collaborative workforce if you don’t collaborate with them. You can’t expect loyal, dedicated employees if you don’t fight for them as well.

Be the Leader You’d Want to Have. When making decisions, you have to think not only about the success of the company but the happiness of your employees. A solution carried out by an unhappy employee is never a sustainable solution. If you’re not sure about how your decisions are affecting your team, ask for feedback.

In every situation, try to put yourself in the shoes of those you lead. Are you the type of supervisor you’d want to work with? Each of your employees is a human being. It may seem like an obvious statement, but it’s easy to get caught up in the big-picture decisions and forget about the individuals that those decisions affect.

____________________________________________________________

Joel Patterson (www.JoelPatterson.com) is the founder of The Vested Group, a business technology consulting firm in the Dallas, Texas area, and ForbesBooks author of The Big Commitment: Solving The Mysteries Of Your ERP Implementation. He has worked in the consulting field for over 20 years. Patterson began his consulting career at Arthur Andersen and Capgemini before helping found Lucidity Consulting Group in 2001. For 15 years he specialized in implementing Tier One ERP, software systems designed to service the needs of large, complex corporations. In 2011, Patterson founded The Vested Group, which focuses on bringing comprehensive cloud-based business management solutions to start-ups and well-established businesses alike. He holds a bachelor’s degree in Business Administration from Baylor University.

knowledge

2 Phrases Business Leaders Use To Build Effective Knowledge-Based Companies

Executives are faced with challenging economic conditions today. Leadership is the new competitive advantage and the organizations that embrace it will survive, while those that do not will find their organizations facing possible acquisition. Additionally, knowledge management has been a focal point of the executive span of control but has not been associated with leadership enough to make it an integral part of business success. One tool for executives to use when considering lessening the gaps between success and possible failure is to adopt leadership and become a leader. Thus, executives must understand that leadership can effectively lead organizational change to successfully implement the projects of knowledge management and, therefore, remain competitive.

I indicate that to improve knowledge management effectiveness, leaders, and for the sake of this study Leaders, act as change agents who have developed competencies to better deploy corporate strategy. Better use of this organizational factor mediates the relationship between leadership and knowledge management to include aspects that have not been considered by previous studies. I offer a new and unique approach that can be easily adopted in the workplace. I do this by thoroughly looking at the aspects of executive leadership explained in the article: leadership, corporate strategy, and knowledge management.

Corporate strategy includes four dimensions: analysis, pro-activeness, defensiveness, and futurity. Analysis strategy focuses on identifying the best solutions for the organizational problem. Leaders apply this strategy to create more innovative solutions for organizational problems. The pro-activeness strategy emphasizes the effectiveness of long-term decisions. Leaders employ this kind of strategy to develop a vision of adopting more comprehensive information about the future. Defensiveness strategy can also be applied by leaders by taking into account the objectives of the strategic implication that seeks to decrease organizational costs and redundancies. While leaders focus on implementing changes, a defensive strategy can be used to modify the current processes to enhance organizational efficiencies.

The fourth strategy, futurity, incorporates a proactive strategy that identifies the opportunities that are available, but not always addressed in the business, the global environment, and the political regulation changes. This strategy can be also enhanced by leaders as they adopt a strategic posture that inspires employees to identify better opportunities in both the internal and external environments.

Corporate strategy can be employed by leaders to effectively manage organizational knowledge. For example, an analysis strategy could enhance the knowledge creation process by identifying new opportunities in order to provide better alternatives for managers to make a more effective decision. Michael Cohen and Lee Sproull have indicated that the analysis strategy is highly associated with a company’s capacity to create new knowledge. In many ways, a proactive strategy could enhance knowledge transfer by developing interactions with both departmental units and the business environment.

When adopting a more futurity type strategy, leaders can enhance the knowledge utilization process, thereby developing guidelines for future pathways and determine future trends in the external environment and allocate their resources accordingly. Leaders can, therefore, exploit organizational knowledge through embracing the four strategic aspects of analysis, pro-activeness, defensiveness, and futurity.

How Executives Can Use These Findings?  

Executives can now see how leadership can cultivate a strong strategy, which will enable knowledge management processes within organizations. This is my experience of working with a team of top-level management consultants in the consulting industry. My experience says that a firm’s ability to enhance knowledge management can be highly affected when executives adopt leadership as the primary form of managing people, resources, and profitability. This article also adds to a relatively small body of literature and develops our understanding of the indirect contribution of leadership in improving knowledge management through better use of corporate strategy.

This study was designed to find if leaders indirectly influence knowledge management by affecting corporate strategy. Previous researchers repeatedly uncovered leadership’s direct impacts on knowledge management. This article articulates a different approach. I simply extended the literature by showing how leaders can also contribute to knowledge management by fostering an effective corporate strategy. This organizational factor coupled with leadership and knowledge management is presented as a new approach for executive implementation.

___________________________________________________________

Mostafa Sayyadi works with senior business leaders to effectively develop innovation in companies and helps companies—from start-ups to the Fortune 100—succeed by improving the effectiveness of their leaders. He is a business book author and a long-time contributor to business publications and his work has been featured in top-flight business publications.

leaders

How Strong Is Your C-Suite Bullpen? Preparing The Next Generation Of Leaders.

About $350 billion a year is spent on leadership development, but many companies aren’t getting much bang out of their buck. Studies indicate that lots of senior executives don’t think the next wave is prepared well enough to assume larger leadership roles.

With many companies in a transitional phase, either due to people retiring or radical changes prompted by the COVID-19 pandemic, having ill-equipped leaders taking over can compound problems. Some businesses will suffer if they don’t make major changes in how they develop leaders, says Jennifer Mackin (www.jennifermackin.com), ForbesBook author of Leaders Deserve Better: A Leadership Development Revolution and a leader of two consulting firms.

“With baby-boomer leaders nearing retirement, there are fewer people in the workforce that are capable of doing the work required,” Mackin says. “Generation X has smaller numbers of people and hasn’t been invested in leadership development like boomers have.

“Many CEOs complain that their people aren’t ready to lead into the future. The source of the problem is leaders don’t know what to do differently to strengthen their people. A leader’s primary role is to coach and to create an environment that perpetually develops new leaders. There are ways they can refocus on that.”

One of those ways, Mackin says, is for executives to align business strategies with their people strategies. She offers these tips on how senior management can link the two and develop leaders in the process:

See the need to prioritize people strategies. Strategic plans, Mackin says, must address more than the financial component. “Too often CEOs and senior leaders put their people at the bottom of their strategic plans and fail to connect their business strategies with their people strategies,” Mackin says. “People are the most integral component of your strategies. If you decide, for example, that your organization will enter new markets, you have to connect that objective to your people. Maybe you will need 500 new people or 10 new leaders with certain skills to achieve your objective. How do you prepare for that?”

Know the key components of a people strategy. “Your people must fully understand the business plan for the next one to three years,” Mackin says. “Broad strategies for people have been identified to execute the business plan. There’s a plan for succession for all key roles. Gaps in knowledge, skills and abilities have been identified, and an overall development plan for the organization’s leaders addresses those gaps. Once you have the people strategy, companies can acquire the right talent based on well-defined roles, measure the outcomes, and adjust the plan as needed.”

Continue to scrutinize leadership readiness. These are questions CEOs must ask regarding where both their business and their leaders are today – and how to get them where they need to be tomorrow. “This must start with a plan that compares current state to future state,” Mackin says. “What are the gaps and how are you going to fill those with business and people strategies?”

Build a clear line of sight. Once the alignment is determined, Mackin says it must remain in sight for all leaders and their direct reports. “The leader knows where the organization is going, and direct reports understand their role in getting there,” Mackin says. “A clear line of sight means there is a connection between leaders’ objectives, the business strategy, and individual contributors’ work. It is also important for direct reports’ engagement and feeling of purpose that they understand exactly how their work and objectives add value to the business.”

“All senior leaders should be involved in the business strategy and people plans,” Mackin says. “It is critical that executives prioritize the development of leaders who can drive strategic change.”

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Jennifer Mackin (www.jennifermackin.com) is a ForbesBook author of Leaders Deserve Better: A Leadership Development Revolution, and a leader of two consulting firms – CEO of Oliver Group, Inc. and president and partner of Leadership Pipeline Institute US. As an author and speaker with over 25 years of consulting experience, she is a recognized leadership development influencer, having worked with CEOs, human resources managers, leadership development leaders, entrepreneurs, and other senior leaders in healthcare, hospitality, distribution, government, manufacturing, higher education, banking, financial services, and social services. She earned her BS in marketing from Indiana University and her MBA from Owen School of Management at Vanderbilt University.

cloud

Investing in Technology to Build Knowledge-Based Companies

Executives understand how knowledge management as facilitating organizational processes and activities uses information technology to organize existing information. Information technology plays a crucial role in creating, retrieving, storing and applying organizational knowledge stated by Maryam Alavi and Dorothy Leidner’s MIS Quarterly review.

Executives focus on individuals as the major source of knowledge and show how followers tie together so that they can affect the sharing, storage, transfer, and apply knowledge within organizations. Executives, therefore, see these connections, and the related shared knowledge and memory, as central to the effectiveness of knowledge management.

How Technology Matters?

Executives are well versed today on information technology and usually have a fleet of followers in this department that they can depend on. Sandy Weil, a financial executive, wanted one number when he left the office that determined his value at risk. His technology team delivered and came up with one number called VAR (Value At Risk). Wiel slept much better knowing what risk he faced while running one of the largest financial organizations in the world. He was controlling operational risk and inspiring employees to follow where he leads.

Technology, as one would imagine, is often associated with information and communication dispersed within companies. Considerable alignment between information technology and the knowledge-based view connects the two to develop and disseminate knowledge throughout the organization which, in turn, is an important factor of sustainable competitive advantage.

Executives agree with Robert Grant, who states that knowledge integration is one of the main reasons for the existence of companies. Furthermore, Andrew Gold, Arvind Malhotra, and Albert Segars suggest information technology as an important resource for strategic planning for knowledge integration. Olivier Caya posits that information technology enables knowledge integration by using three possible mechanisms:

1. Impersonal

2. Personal

3. Collective

Executives can use the impersonal mechanism to enact regulations, procedures, and rules aimed at coordinating intellectual capital within organizations. Information technology disseminates protocols among members and allows them to be knowledgeable of their progress toward meeting determined milestones stated in the strategic plans.

The personal mechanism is used by executives to vertically and horizontally exchange knowledge between employees and collective mechanism is used when information technology manifests itself as a synthesizer of ideas and knowledge acquired from multiple organizational members. Thus, information technology encourages people to embark on technological facilities, such as shared electronic workspaces, to provide new ideas and possible solutions for solving organizational problems. As a result, it is viewed that information technology plays a critical role in integrating knowledge and is therefore aligned with the knowledge-based view.

Executives can use information technology as a communication mechanism manifestation and deployment and decision-aid technology. For example, Hsin-Jung Hsieh argues that communication technology provides ways to enhance interactions among members and departments within organizations. This type of technology eliminates the barriers of organizational communications while improving the extent of knowledge sharing and access for all followers at various levels of the organization.

Thus, there is a strong correlation between communication technology and social capital view that sheds light on the development of relationships within organizations to aggregate human capital into social capital so as to provide further information and opportunities for all members. This subsequently creates valuable resources for an organization as a whole.

Furthermore, decision-aid technology develops cohesive infrastructures to store and retrieve the knowledge to enable followers in creating more innovative solutions to problems and managing operational risks. Ergo, information technology supports knowledge by enabling interactions and providing more comprehensive and effective solutions to solve organizational problems.

Unleashing the Power of Knowledge in Companies

Today, technology has changed the business world ten-fold. Every day there is an easier way to process, access, and disseminate information. Technology – now referred to as Information technology – is an internal resource that increasingly facilitates organizational communication and improves the search for knowledge. When executives have people in place to manage information technology, the organization can see increased revenues, better satisfaction by employees and customers, and most importantly enhance their own effectiveness as leaders.

The social capital view supports the idea that knowledge creation is highly dependent on developing organizational communications and interactions. Information technology enables organizations to overcome space constraints in communication, and promotes the depth and range of knowledge access and sharing within companies.  More specifically, communication technologies can be employed to enhance the conversations and knowledge exchanges between organizational members. Scholars such as Andrew Gold, Arvind Malhotra and Albert Segars argue that this knowledge shared through information technology could positively contribute to knowledge integration.

I also introduced executives to what the scholar Robert Grant describes using the knowledge-based view. Highlighting knowledge integration as a major reason for the existence of a company. Knowledge sharing itself can develop more innovative climates and facilitate knowledge creation in organizations. Thus, communication technologies can play a crucial role in improving knowledge creation.

Communication technology is an internal resource that develops and integrates organizational knowledge as the most strategic factor of competitiveness. As executives use expert systems for decision-making, technology becomes a decision-aid. As mentioned earlier, decision-aid technology can be also considered as a facilitator of the knowledge creation process by providing the essential infrastructures to store and retrieve organizational knowledge.

Executives agree with Shahnawaz Muhammed who highlights major functions for information technology and explains that information technology enhances learning and sharing knowledge by providing access to knowledge, and stimulates new ideas and knowledge generation, transfers an individual’s knowledge to other members and departments, and improves knowledge capturing, storing, and accumulating, aiming at achieving organizational goals. Bringing us to the conclusion that information tech has a positive association with knowledge management performance in companies.

In Conclusion

Standing on the shoulders of scholars before us, I indicate that information technology is a major factor for knowledge management success and supports the positive impact of information technology on knowledge management performance.

For executives, this article can portray a more detailed picture of the effects of information technology on knowledge management. Many organizations still implement knowledge management initiatives without sufficient consideration of their technological infrastructures.

When executives ensure the effectiveness of knowledge management projects they increase control and lesson operational risk. I also suggest that a firm’s ability to enhance knowledge management can be highly affected when executives implement information technology. Furthermore, I suggest that scholars take these ideas and continue to conduct research using executives as the focal point so that academic scholarship can meet the needs of managerial implications at the higher echelons of organizations worldwide.

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Mostafa Sayyadi works with senior business leaders to effectively develop innovation in companies and helps companies—from start-ups to the Fortune 100—succeed by improving the effectiveness of their leaders. He is a business book author and a long-time contributor to business publications and his work has been featured in top-flight business publications.

women

2020’s TOP TEN WOMEN IN LOGISTICS

Women in logistics can be a rare find. That’s not to say women aren’t welcome in the typically male-dominated field; in fact, they often bring a valuable change of perspective.

However, many women simply do not choose careers in logistics. While there are many theories as to why this is, one thing remains for sure: Women in logistics are blazing new trails and helping to change the face of the industry with everything from initiatives that foster growth to environmental policies and even mentorship.

The following 10 women are no exception.

These Top Women in Logistics prove that women are valuable players in the logistics landscape. Here’s why.

Hannah Kain

Founder of ALOM, Hannah Kain grew her business from a single location to multiple facilities across the globe, including several new spots in 2019.

A proponent of environmental sustainability, Kain implemented programs within ALOM to reduce the company’s carbon footprint. Examples of this program include banning disposable plastic bottles across all facilities. Kain is also dedicated to workplace diversity–in fact, under her leadership, ALOM’s diversity spend was 46 percent in 2019 alone.

A champion of women entrepreneurs and business leaders, Kain served in the Danish Parliament in her 20s and currently serves as a mentor and community advocate, sitting on several boards including the Women’s Business Enterprise National Council (WBENC), where she is currently serving her second term.

She is passionate about education within the workplace and encouraging STEM education for children–especially girls–offering personally guided student tours of ALOM facilities and even hiring students as summer interns .

Katherina-Olivia Lacey

Katherina-Olivia Lacey is the co-founder and Chief Product Officer at the Singapore-based logistics technology company Quincus. From her modest beginnings, Katherina was working in a swimwear company managing inventory and doing marketing for the company, Lacey saw inefficiencies within the industry and set out to help solve them. Today, under the helm of Lacey, the company serves a global top two package delivery company and one of Asia’s largest airlines. Says nominator Kelley Prince, “Katherina is a north star for women within logistics or trying to break into it.”

Thanks in no small part to Lacey, Quincus has increased turnover by more than 1,000 percent. Today, Quincus has 70 staff and five location offices globally (India, Singapore, Malaysia, Indonesia, and UK). Within Quincus, Lacey has spearheaded such committees as Women@Quincus, a mentorship group designed to foster teamwork and mentorship among women employees. Lacey is credited with fostering an environment of teamwork, charity, growth and work/life balance that helps unleash camaraderie and teamwork among Quincus employees.

Ana Bailey

The Director of LeanCor Supply Chain Group Training and Education, Ana Bailey leads a team of instructional designers and trainers in the creation and implementation of online education programs. Bailey is also the primary consultant for Lean transformations, driving customer value and fostering an environment of excellence at LeanCor.

Bailey implemented a cost reduction plan at two-times expected targets, with a 97.5 percent contract rate attainment in 2019 at LeanCor Supply Chain. She has taken the helm of LeanCor’s training and education services and has taught classes at institutions such as Georgia Tech University and the University of Kentucky. Bailey has also lead client engagements with such businesses as GE Transportation, Lexmark, JC Penney and Amazon.com. A Six Sigma Master Black Belt, Bailey is bilingual in English and Spanish and holds a degree in Psychology.

Ashley Yentz

The Vice President of Supply Chain Solutions at LeanCor Supply Chain Group, Ashley Yentz works with clients to ensure everything from goal creation to supply-chain advancement.  Yentz is known for her innovative methods, working to challenge LeanCor’s corporate and social responsibility.

Under Yentz’s leadership, LeanCor has experienced a 10-20 percent improvement in on-time delivery and productivity, developing the company’s management system. Known as “a transparent, approachable leader,” Yentz manages a team of more than 10 remote leaders, still managing to make the team feel cohesive and included. Says her nominator “Some people teach, some people do. Ashley does both very, very well.”

Deanna MacDonald

CEO of BLOC (Blockchain Labs for Open Collaboration) and co-founder of BunkerTrace, Deanna MacDonald is a blockchain innovator. At the helm of BLOC, MacDonald has helped the company develop maritime energy and blockchain solutions. Today, at just four years old, BLOC is the leading platform of its kind.

At BunkerTrace, which MacDonald co-founded in 2019, her goal was to use a combination of synthetic DNA and blockchain to enhance marine fuel traceability, a goal which the company has achieved in just one year’s time. A respected public speaker and proponent of open-source technology, MacDonald uses her expertise in the blockchain field to educate on many aspects of the emerging field.

Michelle Kodrich

Senior Director of Global Logistics at Note Logistics, Michelle Kodrich works to provide clients with end-to-end supply chain solutions around the globe. The role, which Kodrich originated, is meant to help cultivate an international supply chain and strengthen relationships with domestic services.

Kodrich has served in the logistics industry for more than 25 years, managing international supply chains for the retail and grocery industries. She is experienced in ocean contracts and TMS management implementation, as well as planning domestic shipments and freight bill auditing. A truly versatile expert, Kodrich’s experience in all facets of the supply chain makes her the perfect fit for her newest endeavor at Note Logistics.

Judy R. McReynolds

Judy R. McReynolds is the chairman,  president, and CEO of the logistics company ArcBest, where she has risen through the ranks in her 20-plus year tenure. Since joining ArcBest in 1997, McReynolds has held the titles of Chairman of the Board of Directors, Senior Vice President and CFO & Treasurer.

In addition to her role at ArcBest, McReynolds has been active on many transportation industry boards, as well as educational and local boards in her Arkansas community. Today, McReynolds also serves at OG&E as both the Chair of the Compensation Committee and on the board’s executive committee.

Kristin Decas

CEO and Director of the Port of Hueneme in California, Kristin Decas has served at the only deep water harbor between Los Angeles and San Francisco since 2012.  Among her many accomplishments, Decas oversaw the port’s generation of more than $1 billion in annual economic impact and more than 10,200 direct and indirect jobs.

Recognized by the Trade Administration for her notable encouragement of economic development and for her dedicated service to a number of port and shipping committees, Decas has served on numerous panels, including the Freight Advisory Committee (NFAC), the U.S. Marine Transportation System National Advisory Council (MTSNAC) and on the Board of Directors for the American Association of Port Authorities (AAPA).

Elaine Forbes

At the recommendation of the Port Commission, San Francisco Mayor Edwin Lee appointed Elaine Forbes Executive Director of the Port in October 2016, making her (along with Port of Hueneme’s Kristin Decas) one of 12 women port directors in the United States.  Before Forbes’ appointment, she served as Deputy Director for Finance and Administration for the port for six years.

Forbes leads the port to responsibly manage the waterfront as the gateway to a world-class city and advances environmentally and financially sustainable maritime, recreational and economic opportunities to serve San Francisco, the Bay Area region and California.

Jare’ Buckley-Cox

Vice President of Walmart Fulfillment Services, Jare’ Buckley-Cox helped roll out the successful Walmart eCommerce program, which enables third-party sellers to sell through Walmart, allowing the retail giant to provide warehousing, packing and shipping for these vendors.

Prior to her tenure at Walmart, Buckley-Cox served at Amazon.com as Director of Logistics Shipping & Delivery Support, Product Director of Global Support Services, Technical Product Director, Post Purchase Delivery Experience and as the Director of Customer Service Operations for North America.

As the field of logistics becomes all the more important in this increasingly global economy, women remain a valuable resource for innovation, dedication and education. These logistics trailblazers and many more bring years of hard work and diverse experience to the table, all while shattering the glass ceiling along the way.

While the next generation of logistics leadership remains to be seen, we can only hope to see more women entering the logistics field, especially with such exemplary leaders for inspiration.

Knowledge management

The Design and Implementation of Effective Knowledge Management System in Multinational Corporations

Executives agree with Doyle McCarthy, who sees society as a product of knowledge. [1] Defining culture as various forms of knowledge and symbols that make up an organization’s culture. However, knowledge is a by-product of culture and knowledge’s role in guiding and facilitating people’s action is key to executive decision-making.

Knowledge also creates values, thereby fulfilling the strategic functions of “producing and guiding social action, of integrating social organizations, of protecting the identity of individuals and groups, of legitimatizing both actions and authorities, and of serving as an ideology for individuals, groups, classes, and entire nations”. [2] In addition, Thomas Beckman explains that knowledge management is “the formalization of and access to experience, knowledge and expertise that create new capabilities, enable superior performance, encourages innovation and enhances customer value,” [3]  and Bernard Marr and his colleagues define knowledge management as a set of activities and processes aimed at creating value through generating and applying intellectual capital.

[4] Moreover, knowledge management has also been regarded as a “conscious strategy of getting the right knowledge to the right people at the right time and helping people share and put information into action in ways that strive to improve organizational performance”. [5] Executives direct practices that create value from intangible organizational resources. For executives, it is clear that the objective of managing knowledge is to add value to organizations. The focus here is that executives consider the fact a firm’s knowledge is positively associated with its outcomes. This article portrays a more detailed picture of the effects of leadership and organizational factors on knowledge management performance that have been mentioned but not placed in a model in the past. Executives can use the model proposed in this article to improve knowledge management performance in companies.

What Can Executives Take From Previous Academic Research?

Executives that manage knowledge and use it as an important driving force for business success find their organization to be more competitive and on the cutting edge. However, knowledge management implementation in organizations is determined by a set of critical success factors, one of which is the strategic dimension of leadership. For now, executives can develop conducive organizational climates that foster collaboration and organizational learning in which knowledge, as a driver of improved performance, is shared and exploited. Academicians point out that if leaders do not adequately support knowledge dissemination and creation through various mechanisms such as rewards or recognition for employees who create new ideas or share their knowledge with others, knowledge management cannot be successful.

Furthermore, it is safe to say that knowledge management effectiveness can be enhanced today with the use of information technology. Information technology can play a critical role in the success of knowledge management.

For instance, a scholar in Universiti Teknologi Malaysia (UTM) by the name of Kuan Yew Wong highlights the importance of information technology in facilitating knowledge flow and communication. [6] Ying-Jung Yeh and his colleagues at the National Taiwan University of Science and Technology and National Chung Cheng University indicate that the effectiveness of knowledge management implementation is positively associated with using information technology and setting up useful software and systems to enhance strategic decision-making. [7] Effective leaders can, therefore, develop information technology through employing IT professionals and allocating more budgetary resources to share and utilize knowledge within organizations.

Moreover, it is clear that executives around the globe realize that they play a critical role to achieve the best climate and for implementing knowledge management that creates learning and growing the organization. Engaging followers and getting them to participate in leadership activities is an important part of knowledge management practices. Scholars subsequently suggest that success is also dependent upon how executives formulated their organization’s mission, vision, and strategy.

The key is for executives to inculcate an effective strategy, culture and structure so that information can be found and used instantaneously. The fact that executives steer the strategic direction of organizations is indicative of empowering people and making them more responsive to the constant changes in technology, economic fluctuations, and other pertinent and vita changes that occur on a day-to-day basis.

Executives Are Now Introduced to the Proposed Model

Based on an integrated framework of the above ideas and scholarly research, I depict and applicable and reliable model for executives as Figure 1. This framework of the model highlights a relationship between knowledge management, leadership, strategy, culture, structure and information technology. I show the relationships in Figure 1. In Figure 1, leadership has a positive impact on knowledge management which leads to higher knowledge management performance. And finally, better strategy, better culture, better structure and better information technology lead to better  performance.

In Conclusion

This article blends scholarly concepts with real world application and investigates how scholarly research can be applied in the organizational boardroom. Also, scholars see that I expand upon the subject matter of organizational factors. Through introducing a more comprehensive model for implementation, I add to the current and extant literature. In particular, I suggest that if these factors are not completely in favor of supporting knowledge management, organizations cannot effectively implement knowledge management projects and may become obsolete, taken over, or acquired.

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Mostafa Sayyadi works with senior business leaders to effectively develop innovation in companies and helps companies—from start-ups to the Fortune 100—succeed by improving the effectiveness of their leaders. He is a business book author and a long-time contributor to business publications and his work has been featured in top-flight business publications.

References

[1] McCarthy, E.D. (1996). Knowledge as Culture: The New Sociology of Knowledge, New York: Routledge.

[2] Strasser, H., & Kleiner, M. (1998).  Knowledge as Culture: The New Sociology of Knowledge, European Sociological Review, 14(3), 315-318.

[3] Beckman, T.J. (1999). The Current State of Knowledge Management. In J. Liebowitz, (Eds.), Knowledge Management Handbook, New York: CRC Press.

[4] Marr, B., Gupta, O., Roos, G., & Pike, S. (2003). Intellectual Capital and Knowledge Management Effectiveness. Management Decision, 41(8), 771-781.

[5] O’Dell C., & Grayson C.J. (1998). If only we knew what we know: identification and transfer of international best practices, New York: Free Press.

[6] Wong, K.Y. (2005). Critical Success Factors for Implementing Knowledge Management in Small and Medium Enterprises. Industrial Management & Data Systems, 105(3), 261-279.

[7] Yeh, Y.J., Lai, S.Q., & Ho, C.T. (2006). Knowledge management enabler: a case study. Industrial Management & Data Systems, 106(6), 793-810.