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Brandon W. Jones

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The Risks Of Promoting Without Giving Raises

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The Wall Street Journal article The Risks Of Promoting Without Giving Raises by Paul O. Lopez explained that there are many companies that want to promote their employees even though they are experiencing hard economic times.

The Risks Of Promoting Without Giving Raises - Article Review

2 Reasons Why to Promote Without a Raise?

The companies are promoting without raises for two reasons:

    1. They know the employees will take on the additional responsibilities to help the company
  1. The promotion will boost employee morale.

The companies, however, are unable to provide raises with the promotion. There is nothing illegal or inappropriate about doing this.

Factors to Consider When Promoting Without Giving Raises

Companies promoting without giving raises should consider past employees that have been promoted to similar positions and the types of raises they received. They must take particular caution when there are promotions that could be construed as racist or discriminatory. [Read more…] about The Risks Of Promoting Without Giving Raises

Four Lessons From A CEO

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I love learning lessons from a CEO.  I am a younger leader, but have been a leader in different capacities for many years.  Through my time in leadership, I have always been fascinated by CEOs because they have reached the top leadership position in their organization.  There are many lessons from a CEO that you can learn as you review their behavior and responses to different actions.

A few years ago I read a case study about Gary Loveman and his transition as the CEO of Harrah’s.  The case study explained that he went from being a college professor to the CEO of a large organization without a long history of leadership.  When he joined Harrah’s, he started out as the COO and then became the CEO after five years.  This case study helped me learn lessons from a CEO.

Lessons From A CEO

Four Lessons From A CEO

Gary Loveman changed the system at Harrah’s.  He changed the system because of the person he was and the approach he took to leadership. There were four lessons from a CEO that we can learn from his success.
1. He gained credibility with the employees/management team.
2. He worked to understand the existing system
3. He had high expectations.
4. He led by example.

[Read more…] about Four Lessons From A CEO

Do You Take Your Leadership Fiduciary Responsibility Seriously?

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Over the past five to ten years there have been many leaders that have squandered money from others in some fashion.  Sometimes those other people are investors, employees, stockholders, or stakeholders of some form or another.  Many times the leaders are entrusted with large sums of money, but they are careless when making decisions.  Other times, leaders just make risky investments without doing adequate research.  So why do leaders make these types of decisions?  There are probably many reasons, but they all stem from the fact that they don’t understand their fiduciary responsibility.Do You Take Your Leadership Fiduciary Responsibility Seriously?

What is a fiduciary responsibility?

Wikipedia explains, “A fiduciary (from Latin fiduciarius, meaning “(holding) in trust”; from fides, meaning “faith”, and fiducia, meaning “trust”) is a legal or ethical relationship of trust between two or more parties.  Typically, a fiduciary prudently takes care of money for another person.  One party, for example a corporate trust company or the trust department of a bank, acts in a fiduciary capacity to the other one, who for example has funds entrusted to it for investment.”  As a leader, you have a fiduciary responsibility to those who have entrusted you with their money. [Read more…] about Do You Take Your Leadership Fiduciary Responsibility Seriously?

This Week’s Top Five Leadership Posts – 10/3/2012

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Over the past few months I have not posted about my top five weekly leadership posts. I have missed writing these posts because I really enjoyed writing them and I think that my readers enjoyed them as well. This week the posts I selected covered a wide range of topics ranging from the importance of humor in the workplace to succession planning for the success of your organization. Each of the posts discusses a different aspect of leadership that must be considered as you lead.

Become The Best Leader By Being Funny And Being Humiliated by Bhavin Gandhi

Over the years, I have learned a lot about leadership and management. And when I was analyzing my knowledge, I realized that there are only two very important characteristics of a good leader, which separates him/her from the crowd. In this blog, I will focus on these two characteristics, which can make you the best leader.

Be funny: By being funny, I don’t mean that you need to be a superstar at the break room discussions. What I mean is……..you need to have a humorous side of you to laugh on your mistakes. More…

Rare Wisdom from Citrix CEO Mark Templeton about Hiearchy and Respect by Bob Sutton

I confess that as an avid reader of The New York Times, I have been disappointed in recent years because they devote too much space to interviews with CEOs and other bosses. Notably, it seems to me that they run the same column twice every Sunday: Adam Bryant’s “The Corner Office” and another interview column called “The Boss.” I do love many of these interviews anyway, as The Times gets interesting people and their editing makes things better. And I am a big fan of Adam Bryant’s book, The Corner Office, as it did a great job of transcending the column. What bugs me, however, is that The Times devotes so much of the paper to interviews now, I suspect, because it is simply cheaper than producing hard-hitting investigative journalism. They do an occasional amazing in-depth story, but there is too much fluff and not enough tough for my tastes.

[Read more…] about This Week’s Top Five Leadership Posts – 10/3/2012

What Would You Do As A New CEO?

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Over the last few months, I’ve followed Yahoo’s CEO situation. In January, Yahoo hired Scott Thompson. While he was the CEO, he made major spending cuts and laid of many people as an attempt to bring the company back from financial woes. His approach demotivated the company and created tension between him and the employees. It didn’t take long for his approach to get noticed by the board of directors. In May, Scott was terminated as the CEO as a result of his leadership style and some integrity issues that were brought to light.

What Would You Do As A New CEO?

Following Scott Thompson’s firing, Ross Levinsohn took over as the interim CEO. Ross Levinsohn continued some of the initiatives that Scott Thompson started. Since he was only the interim CEO, he was replaced by Marissa Mayer in the end of July. [Read more…] about What Would You Do As A New CEO?

Are Your Leadership Choices Building Or Tearing Down Walls?

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Today, I read a very interesting article about GM, GM’s Chief Labors to Get Rebuilt Car Maker Into Gear, by Sharon Terlep. She talked about the new challenges CEO Dan Ackerson has been facing as the new CEO of General Motors Corporation. After taking over as CEO, he traveled to the various locations within the company to get to know the operations of the company. He worked very hard to know how and why things operated the way they did.

Know Your People and Organization

As he went to the different areas of the company, he found that each area had their own competitive advantages and disadvantages compared to the other areas. Each area had their own trade secrets they were not willing to share. There was a high level of competition between areas.

The Silo Approach

Many of these areas had to work together in some form or another, but they acted like their own separate company. Rather than work together for the good of the company, they worked for the benefit of their specific department, group, or area.

That type of an environment led each group to outspend other areas of the company. Each group desired to have the best of everything to the point that they spent money on frivolous things. They all wanted “the best of everything” for their department. This high level of competition created walls within the company. Functional groups were not willing to work with other departments or compromise in any fashion. [Read more…] about Are Your Leadership Choices Building Or Tearing Down Walls?