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Mike Figliuolo

About Mike Figliuolo

This author has not written his bio yet.
But we are proud to say that Mike Figliuolo contributed 1284 entries already.

Entries by Mike Figliuolo

Making the Awkward Jump from Peer to Boss

January 21, 2013 /3 Comments/in Communications, Leadership /by Mike Figliuolo

Life is full of awkward moments: the first kiss, an interview candidate having spinach stuck in their teeth, having your boss catch you leaving the wrong restroom. But one of the most awkward situations you can encounter in business is when someone goes from being a peer to being the boss. There are two sides to that awkward moment too – either you’ve become the boss or your peer has. Usually this occurrence is an unexpected situation. Many organizations are actually wise enough to prevent it from happening exactly because of the weird dynamics such a change can create. Given that it’s unexpected, it prevents all involved from preparing for the impending change (which in turn makes it even more awkward when it happens). Many times such situations are the direct result of a reorganization or the departure of some individuals from the team which creates an immediate need for a fill for that vacancy. There are three situations I’d like to explore: you become the manager, your peer becomes the manager, and you’re the big boss considering creating such a situation within your team. Congratulations Charles! You’re in charge! It finally happened! You’ve been promoted. Congrats! Break out the Martini & Rossi Asti Spumante (you’ve got great taste and it show-ohs!). Oh wait… what? You’re now leading the team just seconds ago you were a member of? Weird. Suddenly people you were “buds” with become your subordinates. They’re instantly on pins and needles wondering how you’re going to behave as their manager since you’re now clearly no longer a member of the gang. You’ve moved from the proletariat to the bourgeoisie. You’re no longer privy to the snarky jokes or inside gossip about what’s going on in the organization – you’re now the subject of said comments, jokes, and […]

How You Can be a Secure Base Leader

January 16, 2013 /0 Comments/in Books, Guest Blogger, Leadership /by Mike Figliuolo

Today’s post is by George Kohlrieser, author of CARE TO DARE: Unleashing Astonishing Potential through Secure Base Leadership (CLICK HERE to get your copy).  George is a veteran hostage negotiator, an organizational and clinical psychologist, and Professor of Leadership at IMD.  Here’s George… Great leaders all over the world aim to unleash astonishing potential within themselves, their people and their organizations. Secure Base Leadership is the key to doing this more effectively. A Secure Base Leader builds trust, delivers change and inspires the focus that people need to actively engage in their work and create conditions for innovation. Secure Base Leaders generate high performance by acting as a “secure base” for the people they lead. Secure Base The term “secure base” comes from the post-war attachment theory research of John Bowlby and Mary Ainsworth (1). According to this theory, all humans have an innate desire to seek closeness to and comfort from a person who gives them a sense of protection. Without that sense of protection, when an actual or perceived threat to survival emerges, the human brain prompts the person to resist change or avoid risk. However, when a secure base provides the person with that sense of protection, the person can turn the focus away from pain, danger, fear or loss toward a focus on reward, opportunity or benefit. For the purposes of our work in modern organizations, we define a “secure base” as:

How to Set Better Boundaries at Work

January 14, 2013 /4 Comments/in Balanced Lifestyle, Books, Career /by Mike Figliuolo

Today’s post focuses on the importance of finding balance in your work.  It’s an excerpt from One Piece of Paper: The Simple Approach to Powerful, Personal Leadership (you can get your copy here). You are the only one who can protect your time and your interests. You have to establish “the line” you are not willing to cross or allow others to cross. Whether it is the number of hours you work, the work you do (and the work others do), or the physical layout of your workspace, there are things that are or are not comfortable for you. The problem is no one knows where your line is until you tell them they have crossed it. Unless you let others know what your comfort zone is, they will superimpose their own upon you. Nine times out of ten, you will be dissatisfied with their choice. You have to set boundaries to establish those lines. As you think about defining your lines, take a moment to reflect on times you have felt taken advantage of at work. Think about what boundary was crossed that made you uncomfortable. Were you asked to work late? To miss a family event? To do work well below your skill level? Once you have a sense for where those boundaries are you can begin defining your lines. You need a set of lines you are happy working inside of that define the mix of work you do or do not do and set limits on how long you will work, when you will work and how you will work. They are designed to help you achieve a mix of work you will be excited about doing. I enjoy being challenged by my work. I also prefer to manage my own tasks, deadlines, and priorities. Obviously […]

Striking the Right Balance Between Control and Empowerment

January 9, 2013 /1 Comment/in Books, Guest Blogger, Leadership /by Mike Figliuolo

Today’s post is by Irv Rothman, President and CEO of Hewlett Packard Financial Services and author of Out-Executing the Competition: Building and Growing a Financial Services Company in Any Economy (CLICK HERE to get your copy).  Here’s Irv… I’m all for a sound control environment and playing within the rules and I’m not advocating coloring outside the lines per se. However, an environment that does not allow the most basic freedom to use reasoned business judgment is one which will invariably result in dissatisfied customers. And there is a direct corollary between highly satisfied customers and profitability. You are no doubt smart enough to draw your own conclusions as to the less than satisfied customers scenario. It’s the age-old question: how to exercise sufficient control without stifling responsiveness and creativity? Perhaps it is a gross generalization, but it seems that the larger the organization, the more bureaucratic it tends to be. The challenge for big companies then is to align against organizing principles that promote a small company atmosphere where people feel sufficiently free to strike that delicate balance between maintaining good order and market differentiating customer responsiveness. Not an easy task, but not impossible either. Organizational choices and messaging are where it starts. Great leaders inspire with long term vision and operational direction to help make it a reality. For many businesses today, the word “team” is in common usage (perhaps overused?), but it is almost a cliché because it is rarely deployed as anything more than a catch phrase. Yet despite the general absence of formally designated team structures, employee satisfaction surveys often give working within “my team” and for “my team leader” high marks for leadership, integrity and engagement. Far less often are the same high marks used to describe senior management.

Don’t Lead Like a Congressman

January 7, 2013 /2 Comments/in Leadership /by Mike Figliuolo

Congress is terrible. It has been embarrassing watching the fiscal cliff debacle unfold. Unfortunately, that kind of brinksmanship is emblematic of our wonderful elected officials. The question for you as a leader is do you run your organization like a leader or like a congressman? Leaders tackle problems in front of them and focus on the long-term good of the organization.  Sometimes tackling those problems can be costly both professionally and personally.  Unfortunately, more often than not, our elected officials (and this applies beyond Congress to virtually any and all elected positions) have a tendency to kick the can down the road and leave the problem to be solved another day.  Witness the fiscal cliff as a perfect example.  It was the equivalent of a short-term bandage that left the larger issues of entitlements, tax reform, and economic growth untouched.  That doesn’t solve the issue – it simply protects their own interests of having the right things to say the next time they’re up for reelection. I recognize I’m making some broad-based claims here and some of you will point out the one or two officials who are trying to solve the long term problems but the fact remains that the behavior at a larger level is troubling. The thing you need to ask yourself as a leader of your organization is are you solving the root causes of the issues you face (which is difficult to do and could sometimes cost you a raise, a promotion, or even your job) or are you simply putting in place short-term fixes that are easier to implement? So if you’re more interested in leading than running for elected office (and keeping your nice cushy job), consider the following:

How Unexpected Savings Can Cost Your Company Millions

January 2, 2013 /5 Comments/in Books, Business Toolkit, Communications, Guest Blogger, Leadership, Sales /by Mike Figliuolo

Today’s post is by Paul Smith, author of Lead with a Story (CLICK HERE to get your copy). You can learn more about him at the end of the post. Here’s Paul… The best lesson I ever learned about financial management came from a guy whose budget I was supposed to keep tabs on. In 1997 I had just taken the job of Finance Manager at manufacturing plant in California. If you’ve ever worked at a high-efficiency plant, you’ll recognize the culture. We measured everything: quality, throughput, inventory, safety, on-time delivery rate, and of course, cost. Every engineer in the plant had a target to hit on multiple metrics and wanted to exceed them all. With most measures, doing better than expected was a good thing. But with cost, our objective was to spend what we forecast, plus or minus a margin of error. If you spent significantly less than you forecast, it didn’t mean you were great at saving money. It meant you were lousy at forecasting spending. And as the plant Finance Manager, my job was to make sure we delivered our cost forecast—no more, no less. At one point during my first year, we underspent our forecast several months in a row. I met with the engineers in charge of departments that spent the money, trying to convince them of the importance of forecasting better. I was doing an awful job of it. It just didn’t make sense to them. How could spending less than expected be a bad thing? Explaining that it made me look bad on my performance appraisal didn’t seem to win any sympathy. And my theoretical discussion about the value of keeping financial processes within control limits just drew yawns. After I exhausted every explanation I could think of, Mitch Weckop stood up.

The Importance of Collaborating with the Right People

December 26, 2012 /3 Comments/in Books, Business Toolkit, Communications, Guest Blogger, Strategy /by Mike Figliuolo

Today’s post is by Faisal Hoque, author of The Power of Convergence (CLICK HERE to get your copy now).  Here’s Faisal… I have come to believe that to survive and ultimately thrive we must effectively create partnerships with everyone around us, from family to colleagues to society in general. The word partner conjures up many connotations, such as collaboration, equality, teamwork, trust, alliance, support and reliability. These are qualities that we look for in both personal and professional relationships. The people we surround ourselves with can often make the difference between failure and survival. It’s not only who we surround ourselves with that matters, but how we interact with them that makes the difference. The Partnership Principle Every partnership involves two or more parties who work together to achieve a common purpose or undertake a specific task while sharing risks, responsibilities, resources, competencies and benefits. It’s a voluntary collaborative agreement that must evolve to meet the needs of everyone involved. Partnerships are powered by synergy, enabling two or more parties to leverage their assets, such as resources, capabilities, expertise, and client base, for the mutual benefit of all.

The Reach – Why Smart Executives Make Stupid Choices

December 19, 2012 /5 Comments/in Balanced Lifestyle, Books, Guest Blogger, Leadership /by Mike Figliuolo

Today’s guest post is by Brian Gast, author of The Business of Wanting More: Why Some Executives Move from Success to Fulfillment and Others Don’t (CLICK HERE to buy your copy).  Here’s Brian… My account value was 20% of what it was just a week earlier. All I wanted was a little extra passive income and now look at the mess I’m in. Okay, I’ll admit it. I wanted the 20% annual return they had promised me. Maybe that was asking too much. Maybe I was reaching a bit. The news began to break when, at ten o’clock on a Wednesday morning, I called to talk to my broker. I immediately knew something was wrong when a polite but constricted female voice said, “He’s not in at the moment.” I’m thinking, “It’s close to the peak of the trading day for commodities. Jack’s always in. How about a little bit more information please?” She says she’s not sure when he’ll be back. It’s not long before I’m talking to an analyst with the Commodities and Futures Trading Commission (CFTC). He explains that the CFTC has shut down the operations of the trading firm with which I had been doing business for the last year. It turns out the CFTC didn’t like the activities of one division of the firm and shut the whole thing down; at a very bad time for the fund in which I was invested. Another well-established commodities firm bites the dust. The CTFC analyst asked, “Where should we send your check?” I was silent, still processing the 80% loss. My feeling in that moment was familiar—the hangover of a risky financial bet gone bad. The Executive Development School of Hard Knocks I made a lot of money investing in the stock market over a fifteen year […]

Best of thoughtLEADERS 2012: A 55 Gallon Drum of Awesomesauce

December 17, 2012 /0 Comments/in Balanced Lifestyle, Books, Business Toolkit, Career, Communications, Entrepreneur, Guest Blogger, Innovation, Leadership, Project Management, Sales, Social Media, Strategy, Training /by Mike Figliuolo

This year is almost over so it’s time for the year in review list of the BEST posts we’ve published in 2012.  It’s time for the 2012 edition of The Figgies (here are the 2009, 2010 and 2011 editions). This is an annual event here at the thoughtLEADERS Blog.  Here’s how it goes: this list is comprised of our most viewed, most forwarded, quirkiest, most provocative work as judged by you the readers. There’s also a kicker bonus post on the list just for good measure. Enjoy. Share. We’ve loved writing them. We hope you’ve enjoyed reading them. I don’t ask a lot of you folks so I have two small requests as your holiday gift to me (you are getting me something, right?): 1. Invite all your coworkers, friends, and family to come check out the blog and become readers. The only way we get better is by raising everyone’s game. I’m not asking a lot here.  If you found this blog helpful at all this year, here’s your chance to return the favor for all our hard work. Just email folks and tell ’em to come take a look. 2. Pick up a copy of One Piece of Paper: The Simple Approach to Powerful Personal Leadership (especially if you’re looking for last-minute holiday gifts for bosses, team members, or your mom – she’ll love it).  Yes – I know I talk a lot about the book but it’s not for the money (I would have made more money if I worked in a sweat shop in Asia making sneakers).  I talk a lot about it because I’m evangelical about the topic.  Buy it.  Read it.  In the words of Roland Smith (CEO of Wendy’s) “It could change your life.” Thanks for your incredible support in ’12 and best […]

The 6 Worst Online Content Mistakes Made by Marketers

December 12, 2012 /0 Comments/in Communications, Guest Blogger, Sales, Social Media /by Mike Figliuolo

Today’s post is by David Chapman, Director of Marketing at Webrageous. He’s contributed here on the blog before – CLICK HERE to read his prior work.  Learn more about him at the end of the post. Here’s David… It is pretty well understood by now that all online marketers dedicate part of their time and budget to paid search advertising and another part of their time to developing the power of their sites by writing great content, featuring higher on organic Google listings and attracting inbound links. The problem is that many online marketers still don’t really know how to write effective content. Poor online content generated by marketers on a day to day basis can cripple a business and destroy its reputation, despite other online marketing work that might be done in paid search areas. To avoid falling into this trap and becoming one of these online marketers who unwittingly cripples his or her own business, read up and learn from the mistakes of others. The following includes the 6 worst online content mistakes made by marketers when creating content to generate links every single day. Read and learn!

Your Social Media Strategy Doesn’t Stand a Chance

December 10, 2012 /1 Comment/in Communications, Social Media /by Mike Figliuolo

Are your social media efforts paying off? If you can’t answer that with an unequivocal “YES!” then keep reading. The problem doesn’t lie with social media – it likely resides within your business itself.  Without taking care of the below fundamentals, your social media strategy doesn’t stand a snowflake’s chance in Hell of surviving. What Business Are You In? I know the above hardly seems like a Web 2.0 question but if you fail to answer it, your social media work will be nothing more than glorified surfing of the Internet. Business strategy matters. Clearly defining your customers, their needs, and your offerings are the first steps toward building a successful business. Beyond that, you’ll need to ensure your business model is actually profitable. To get started, you’ll need to go through some basic marketing, branding, and product positioning work. Without this foundation, all your social media efforts will be worthless. To be clear – I’m boiling the science of product development, marketing, and branding down to an extremely simplistic level. There are plenty of wonderful scientific tomes and resources out there to really help you hone your customer segmentation and corresponding product messages. Such study is outside the scope of this post. Defining Your Customers and Their Needs Who exactly are your customers? How old are they? How web savvy? Male? Female? Both? White collar? Blue collar? Businesses? Individual consumers? Too many times I’ve seen businesses take this fundamental step for granted. Do so at your own risk. The more clearly you articulate who your customers are and how they behave, the higher the likelihood you’ll be able to target your offerings and your communications in a manner that effectively drives your business. Spend a few minutes right now writing down who your customers are. Commit it to paper. […]

Why Money and Culture Don’t Always Mix

December 5, 2012 /3 Comments/in Books, Guest Blogger, Leadership /by Mike Figliuolo

Today’s guest post is by Eric Sinoway, author of Howard’s Gift: Uncommon Wisdom to Inspire Your Life’s Work (CLICK HERE to get your copy now).  Here’s Eric… “Show me the money.” That phrase entered the pop-culture lexicon back in 1996 in the Tom Cruise movie, Jerry McGuire. In 2012 it still perfectly captures the atmosphere of unchecked ambition and competition that exists today in many organizations. “Show me the money” is too often the mantra of a corrosive organizational culture devoid of loyalty. An organization’s culture may not always be as clearly delineated as it is in Jerry McGuire. But, make no mistake, it’s there in every organization. Culture is like gravity – an unseen but very powerful force. Culture is also durable and enduring; once it sets in, it’s very difficult for anyone but an organization’s leaders to change its culture – and even for them, it takes time and concerted effort. Someone seeking to build a satisfying career ignores organizational culture at his or her own peril. A mismatch between you and the surrounding work culture can throw major hurdles in your career path, and can make your day-to-day experience like slogging through a swamp. This applies to everyone in the organization – from a junior analyst to the recently recruited senior executive. In fact, a primary reason for failure of executives recruited to a new organization is not lack of functional skill. It’s a poor fit with the culture.

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