DID YOU KNOW?
SUMMER LEADERSHIP NEWSLETTER 2016
Facts, figures, and trends affecting the engineering and design industry with management, leadership, and Board work issues.
Engineering and Design Industry-
“Firm Leaders Temper Optimism as Market Growth Slows” by ACEC Engineering Business Index, 2nd Quarter 2016
Low oil prices and uncertainty concerning the upcoming elections have contributed to a 2nd quarter 2016 decline in the ACEC Engineering Business Index (EBI). Yet participants were quick to point out that while growth may be slowing, the engineering market remains strong. The EBI dropped from 64.0 in the 1st quarter to 60.2 in the 2nd quarter. Any score above 50 signifies that the market is growing. Participants in the survey pointed to the unsettled political situation as a primary factor behind their market concerns.
“Look Up to America’s Future” by Steve Cimino in the AIA Architect Newletter
At the recent AIA Grassroots 2016 Conference, AIA CEO Robert Ivy, FAIA presented the Institute’s next steps for increasing public awareness around architecture. The latest AIA television commercial “Look Up to America” will be deployed throughout the presidential election on several cable television networks. The commercial illustrates the collaborative nature of both the architectural profession and the AIA’s 88,000 members. Ivy stated at the conference “In this election year, when people are trying to tear others apart, imagine what we can create together.”
“9 Things Managers Do That Make Good Employees Quit” by Mike Myatt, in the Entrepreneur, a Version from TalentSmart.com
1. They overwork people. Nothing burns out good employees quite like overworking them. If you simply increase their workload because these people are talented, without changing a thing, they will seek another job that gives them what they deserve.
2. They don’t recognize contributions and reward good work. Managers need to communicate with their people to find out what makes them feel good (for some, it’s a raise, for others, it’s public recognition).
3. They don’t care about their employees. More than half of the people who leave their jobs do so because of their relationship with their boss. Bosses who fail to really care, will always have high turnover rates.
4. They don’t honor their commitments. When you uphold a commitment, you grow in the eyes of your employees. However when you disregard a
commitment, you come across as uncaring, and disrespectful.
5. They hire and promote the wrong people. Good, hard-working employees want to work with like-minded professionals. Hiring the wrong people is a major
demotivator, and promoting them is even worse.
6. They don’t let people pursue their passions. Providing opportunities for good employees to pursue their passions improves their productivity and job satisfaction.
7. They fail to develop people’s skills. The most talented employees want feedback, more so than the less talented. If you don’t your best people will grow bored and complacent.
8. They fail to engage their creativity. The most talented employees seek to improve everything they touch. If you take away their ability to change and improve things, this makes them to hate their jobs.
9. They fail to challenge people intellectually. Good bosses challenge their employees to accomplish things that seem inconceivable at first. They push people out of their comfort zone.
“5 CEO’s Best Leadership Tips” by John McKee in Tech Decision Maker
1. Focus on the real world. Many CEOs are far too convinced that they know what’s right, and at times ignore reports and data analysis that could bring them better insight, and decision making.
2. Don’t get emotional. Show the team that you can take the bad news as well as the good. Let them see that you are an even keeled leader.
3. Great leaders exhibit great calm. It’s reassuring when, in the face of crises, the CEO can show everyone else that they know the world is not about to end.
4. There is always more time than it seems. Many mistakes are made by those CEOs who think that decisions need to be made quickly every time. Think it through.
5. Even a weak CEO can look good with a great team. Wise CEOs surround themselves with good smart people that know more than themselves. Have no ego
Thought of the Day-
“If you can dream it, you can do it.” Walt Disney
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P.O. Box 79373
Charlotte, North Carolina 28211