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9780730314592.pdfWho would have thought a successful leadership career would stem from a high school suspension. But that is what happened for Alex Malley. His school suspension is just one experience in a line of missteps that yielded important learnings that led him on a path to become a successful CEO, television host, educator, and mentor. All of these experiences inspired him to write The Naked CEO, a compilation of the learnings he has accumulated and shared over the years with young people preparing to leave college and enter the business world. Malley’s key message is to never let fear or embarrassment hold people back from pursuing their dreams. Unless individuals are comfortable with their own journeys, they are unlikely to truly help others on theirs.

Young people can start their careers and build the “big life” of their dreams through courage, hard work, and paying attention to the following truths:

  • Dare to dream. Individuals who are authentic and true to themselves, know what they want, and apply themselves toward their goals can achieve great things.
  • The past does not determine the future. Individuals are affected by their early life experiences. Those experiences can create fears that sometimes get in the way of achievement. However, with self-awareness and the determination to overcome those fears, success is within each individual’s control.
  • Creating one’s universe is the first step to success. Understanding one’s unique gifts and contributions and visualizing how to use that understanding to effect change is how an individual creates his or her “universe.” The process requires self-reflection and having the determination to follow one’s “passion, imagination, and vision.” This is the path to personal success.
  • Without authenticity there is nothing. Every individual has unique qualities and unique contributions to make. However, without being true to oneself, those qualities and contributions cannot be brought to fruition.
  • Success is based more on relationships and less on knowledge. Ultimately, it is people, not knowledge, that make the business world go round. More opportunities are created through networking and building authentic relationships than anything else.
  • Wisdom is a collection of experiences. By using trial and error, making mistakes, “sucking it up”, and not fearing failure, people can reach their “big lives.”

To learn more, please visit http://www.bizsum.com

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Risk-Based Performance ManagementAfter the credit crisis of 2008, the business world changed dramatically. Senior leadership in most organizations faced more risk than ever and needed an effective way to manage it. In Risk-Based Performance Management, Andrew Smart and James Creelman have created a framework that helps senior management understand, manage, and control the risks facing their organizations while still gaining a competitive advantage. This guide gives executive teams the specific framework needed to align their risk-taking to strategy, enabling them to achieve success while still operating within their established risk appetites. The risk-based performance management (RBPM) approach and methodology serve as a modern and effective alternative to the past risk management strategies that proved to be less than ideal.

RBPM encompasses the following:

  • Appetite: Organizations that deploy the RBPM approach develop a deep understanding and appreciation of the risk associated with the strategic choices that they decide to take. They also are able to continue operating within their risk appetites while working toward their strategic goals.
  • Indicators: RBPM is designed to work with key performance indicators (KPIs), key risk indicators (KRIs), and key control indicators (KCIs). Indicators can be deployed as effective decision-support tools through the RBPM framework.
  • Performance management: Objectives and their KPIs are continually monitored, root causes of underperformance are identified, and necessary adjustments are made.
  • Risk management: RBPM describes this as understanding and exploiting opportunities and threats.
  • Strategy and risk alignment: Through appetite, an organization can align risk-taking with strategy.
  • Governance, culture, and communication: If an organization fails in these “soft” disciplines, it will disregard risk appetite and cause the risk management strategy to fail.

To download three free summaries, please visit our site.

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Many people believe that permanently changing their habits is difficult, if not impossible. However, through behavior change, it is possible to significantly improve results in many different areas of life. In Change Anything, Kerry Patterson, Joseph Grenny, David Maxfield, Ron McMillan, and Al Switzler explain the science behind personal change, and define the steps that anyone can take to increase chances for success when attempting to transform their careers, health, financial situations, relationships, and more.

To download three free summaries, please visit our site.

Related book summaries in the BBS library: Change Your Questions, Change Your Life, The Personal Efficiency ProgramCreating Your Own Destiny

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In Predictable Success, Les McKeown explains that any business, any organization—any group of any sort—that grows and reaches for success is going to go through certain steps and will have to endure certain changes as it grows. There is a specific sequence to these steps, and with the right people operating within the right structures, any business can make its way through these steps to Predictable Success. McKeown describes what each step looks and feels like to those who are in it, and he offers remedies to companies who have attained success and then lost it, offering hope to company leaders who want to get back on top.

For a free trial of EBSCO Business Book Summaries click here.

Related book summaries in the BBS library: The Success Principles, Seduced by Success, The Strategy Paradox

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