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by Alan Hargreaves

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Entries in management (62)


Recycle the cycle

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More work for your think tank 

The Great Recession was a great reminder on one great fact: the business cycle is not dead. There have been about ten recessions in my lifetime – one about every five to six years. Get used to them. If you are 35 now, expect another half a dozen before you retire.

There are a few other cycles we should also be aware of. There’s the life cycle of your products. They don’t remain fashionable forever. There’s also the life cycle of your business. It might begin as an exciting start-up. If it doesn’t crash and burn, there is a good chance it will evolve into a mature entity. But if it is like most companies, eventually it will go into decline.

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So you want to be an excellent manager?

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Are the usual things holding you back?

What are the usual things? They relate to these personal questions: do I have what it takes? Can I lead? Is my strongest suit strong enough?

The answer to all three is yes, but we often stumble over these questions. That’s ok. It means you are self-aware. If you don’t stumble over them, you may not have the humility to survive as a manager, let alone take the steps to make you one in the first place. Here’s five simple things you should do if you want to be a great manager.

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