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2010 Executive Tidbits
Price of denim jeans: 47% under $25, 37% $25-50, and 16% over $50. |
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Check out Keith's other site:
Virtual Writing Coach |
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The Executive Connection SM
a publication of The Virtual Executive Coach SM
"Vision + Accountability = Success!"
www.virtualexecutivecoach.com
May, 2007
In This Issue:
1. Preview
2. Executive Summary
3. Where Have All The Boomers Gone?
4. Helpful Hints
1. Preview
The Executive Connection explores the creative and analytical process of business development, team-building, and executive development.
We are an interactive community of executives and small business owners who desire to network with like-minded high-performance executives
to enhance our knowledge, skills, and aptitudes in the competitive business world.
Published monthly, the Newsletter offers coaching suggestions around the topics of: business development, financing, marketing, networking,
incorporations, mergers, human resources, governmental regulations, and tax laws.
Topics are presented from the perspective of Keith Barton and represent only his ideas on creating and running your business.
Because we are an interactive community of executives and business owners, other viewpoints are welcomed and may be printed in future monthly
newsletters with permission from Keith Barton.
2. Executive Summary
May, 2007
Dear Executive Connection Subscriber,
This month's newsletter features information on baby boomers.
3. Where Have All The Boomers Gone?
Harvard Management Update is an excellent resource for a $109 annual subscription; Weekly updates and Pod Casts are provided via iTunes on the latest thinking regarding business and industry. The latest article by Anne Field parallels a book I’ve got coming out
about the Boomers (born 1947 to 1961) who are about to retire and wondering what they will do with their Type A personalities once they leave the workforce. The book is titled Retirement is for Sissies and will be POD by iUniverse.com and available on Amazon.com and BN.com
next month.
The gist of Field’s article is that at least 50% of executives in the USA will be eligible to retire in the next five years.* This normally would not pose a problem if it were not for Generation XY who have grown up in the computer age and have meager experience in process
management and team-building. The leadership drain will affect not only the top levels of management but levels two, three, and four. So what’s a company to do?
Accelerate leadership development. Don’t rely on the traditional “trial by fire.” Your company should have an executive development program that selects junior managers
and grooms them for more senior positions as soon as they hire on.
Get your junior executives coaching and a mentor to give them the tools they will need to lead teams through difficult times of growth, downsizing, and change.
Pick out your “star players” and let them know they’re being groomed for executive positions on a fast-track. Give them encouragement and keep them informed. Don’t play
“I’ve got a secret” with them or they will look elsewhere for promotions.
Peer-group work. Develop “high-performance” teams with explicit training in driving innovation, managing conflict, process management, and game simulations in senior
leadership roles running hypothetical businesses. There are excellent training programs around the country. For more information visit Dr. Randi Smith’s website,
www.virtualgroupinstitute.com.
Active learning project teams. Expose folks to new areas in the business from a successful company leader who had has been a project leader for at least five years.
What you want to do is connect the learning and development experience with what’s actually going on in the business, according to Jennifer Harnden of Fidelity Investments.
Provide leadership training. This is basic, but true. Leadership skills can be learned. Among the more valuable skills are: adaptability, tolerance for uncertainty
and conflict, relationship skills, the ability to step back and let your subordinates take over, and most important, self-awareness.
* Anne Field is a Pelham, NY business writer and can be reached at MUOpinion@hbsp.harvard.edu.
Helpful Hints:
If you’re a junior executive ask your boss for a mentor who has at least five years of project management experience and is willing to have you “shadow” him/her during the next
three months.
Take a long-distance learning course on running high-performance teams. The University of Texas at Dallas School of Business has an excellent program.
Find a business coach who specializes in running process groups where adaptability, intuition, and self-awareness are important to team success.
SUBSCRIPTION INFORMATION
The Executive Connection SM is a free publication. If you want to continue to receive this Newsletter, you can
SUBSCRIBE by clicking here or by sending a blank email message to
keith_barton@att.net
with the word SUBSCRIBE in the subject line.
To UNSUBSCRIBE click here or send a message to
keith_barton@att.net
with the word UNSUBSCRIBE in the subject line.
Be assured your name and email address are confidential. We do not sell, rent or share our mailing list with anyone.
Contact Information:
Keith Barton, Ph.D.
Voice: 281-583-5005
Fax: 281-583-5008
Web: http://www.virtualexecutivecoach.com
E-Mail:
keith_barton@att.net
(c) Copyright 2010,
Virtual Executive Coach SM and A. Keith Barton, Ph.D.
All rights reserved.
Distribution Rights:
The Executive Connection SM is copyrighted, but you may retransmit or
distribute it to whomever you wish as long as not a single word is changed, added, or deleted, including the contact information. However, you may not copy
it to a web site.
Republication of The Executive Connection SM in paper media is encouraged and permitted by individuals, organizations and associations, as long
as the issue is reprinted in its entirety, without change, and includes the contact information.
With advance permission, we are happy to edit an issue to fit your space requirements. Republication also is encouraged under other circumstances.
However, the advance permission of
A. Keith Barton, Ph.D. must be obtained in the event that changes in the text are desired.
The Executive Connection SM Mission:
The Executive Connection SM is dedicated to helping first-time business owners and executives to recognize resistance to change, while they create
and manage their own businesses. My goal is to help you transform your vision into a successful business venture with the addition of accountability structures
and silent partner.
The Executive Connection SM is a publication of The Virtual Executive Coach SM and Keith Barton, Ph.D.
We would like The Executive Connection SM to be as interactive as possible. If you have feedback, comments, topics you would like addressed, or can
suggest additional resources to benefit us all, please email us at any time. Send your e-mail to
keith_barton@att.net
.
Please forward this issue to anyone you think would find The Executive Connection SM interesting and beneficial. Your recommendation helps us
keep growing, and ensures an excellent exchange of information and techniques.
Archives:
You can read previous issues of The Executive Connection SM in our archive section.
About Keith Barton, Ph.D
Dr. Barton received his Ph.D. in 1972 from the University of Texas at Austin and has been a practicing therapist for over thirty years. He is a graduate of
MentorCoach and is accepting new clients.
He has been an adjunct professor at the University of
South Carolina, consultant to Fortune 500 companies in
executive development, founded and managed Texas Community
Living Ventures, Inc., in 1986 for providing group home
services to persons with mental retardation. Keith founded
and has been running a clinical practice in Northwest Houston since 1990.
He writes part-time with the goal of completing one novel a year. His desire to coach others derives from his passionate interest in helping others become
attuned to their creative powers of storytelling.
Dr. Barton has training in coaching, cognitive and family therapy and health psychology. He has published articles, made presentations and conducted workshops about:
Small Business Development
Employee Wellness Programs
Anxiety and achievement
Stress management
Self-esteem
Communication skills
Leadership styles
Core values in the workplace
Executive Development
High-performance groups
Physician support groups
Writer support groups
© 2010
The Virtual Executive Coach SM and Keith Barton.
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