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Why Workplace Politics Charts the Path to Build Great Teams and Performance for Organizations – Successfully

When most people hear the phrase “organizational politics,” they react very negatively. They see politics in the workplace as forming clicks and another way to keep those who go against the status quo labeled as an outsider. People also think that it’s a toxic dynamic that allows manipulative behaviors for people to get what they want by stepping on their co-workers’ backs. But not every instance of workplace politicking is a selfish maneuver to win.

 

In his book, Building Great Teams: Charting the Path of Organizational Politics (Book Surge, 2007), U.S. Marine turned business professional and university instructor Damian D. “Skipper” Pitts takes you inside one of the greatest team building organizations in the world – the United States Marine Corps – to examine and discover the strategies that business leaders must be willing to learn, use and employ for building ordinary groups into extraordinary teams; leading the right team of commandos who understand what it takes to win on the business battlefield and defeat workplace politics using warfare as the key to experience a significant win. He defines workplace and office politics as “the path to smart growth…using the power to accelerate the careers of high potential future leaders and teams power in the workplace.” He implies that office politics are not always negative, but offer opportunities for greatness. And while workplace politics aren’t necessarily avoidable, people can learn to understand their purpose, find their voice and understand how-to strengthen and build the teams dynamics and interpersonal communications skills – all while managing responsibilities with tact, poise, and polish. The game of politics, when understood how-to use it as a strategic weapon, helps to successfully chart the path of personal and professional growth as the essential task to achieve personal mastery from the results of peak performance. Organizational politics also offers the hidden treasures that allow people to stand-out from the crowd. They learn to demonstrate their ability to navigate the maze of successful team building – a task that is viewed as positive organizational behavior from the individual that is perceived as an extraordinary leader. This is the type of person that others seek to follow and emulate for the greatness they wish to develop for themselves.

 

 

Just as in any military engagement, in order to win one must know the rules better than his/her competitor to outsmart them on the battlefield. It also is beneficial to be a part of the right team for controlling the elements of the battlefront. However, some might claim the workplace and the military are very different in many ways. Thinking from this approach causes significant missteps in organizational politics. There are significant issues that are similar in the workplace and on a military battlefield. For starters, the one constant is “people.” Any time that people are involved in a scenario, decision-making must play a role in the ability to win. Using the strategies from the United States Marine Corps, people are responsible for making critical decisions from the highest ranking officer down to the lowest ranking enlisted – and the decision could mean life or death. Well, the same goes for the workplace. People are responsible for making critical decisions that could mean that the organization acquires strategic assets (executive suite decisions) or that a customer is treated in a way that causes them to continue doing business with the organization. Both can be seen as life or death for the organization. As seen with Wachovia bank, a decision from the top level leadership was made to acquire Westgate Financial to boost their mortgage business. When the U.S. mortgage markets and industry imploded during the financial crisis, the organization was effected with incredible implications – it became the beginning of the end for one of the country’s largest banks and people lost careers and more. Similar to the likes of a military battlefield engagement and a series of wrong decisions made by leadership, loss of life was experienced.  

 

But what most people fail to realize is that the workplace is too a battlefield. Business is warfare and those who understand how to navigate the politics always win. Consider the game of chess. Chess can be low-key and quiet, a friendly game between friends. Or it can be explosive and highly competitive, set amid a crowd of observers, where the ultimate winner reaps world-wide accolades. Consider the skill behind the game of chess. It requires well-planned strategy and a great deal of mental acuity and patience, not to mention years of practice to reach an elite status.

 

These are the same skills required by a great leader, one who has the ability to guide an organization and one who understands the world of workplace politics. On the other hand, while playing a game such as chess, there can only be a single winner where there often can be a more neutral outcome in the world of workplace politics. With the proper skills of negotiation and influence, savvy leadership might be able to create a win-win situation.   

 

Politics will always be part of an organization because people are people. The dynamic relationships of individuals who run a business enterprise play an important part in how the business operates: How the mission map, posture statements, vision, values and organizational culture is forged. And while the average Jane or Joe might feel like they are being run over by co-workers who manipulate the system, bully, gossip, backstab and brown nose to get what they want, there is more to workplace politics than those negative daily encounters. The quintessential aspect of organizational politics is the team. Building great teams’ hits at one of the most discussed topics in business media and the workplace: Organizational Behavior, transformational leadership, organizational renewal and inter-office politics. The day of the individual worker is over, as today’s business arena demands that workers possess the ability to effectively work as team units that consistently produce extraordinary outcomes from their performance. It is a scenario all top leaders and managers knows well: The organization, their people, and their systems all require efficient and effective processes to remain constant in its approach to move quickly toward new and innovative ways of reaching mission-critical objectives.

 

Good leaders are a thing of the past, as global economies now require more than good – they seek greatness and ordinary just does not fit the bill any longer. They now require the ordinary to be “extraordinary.” The new battlefield in the workplace requires the extraordinary leaders’ understanding of workplace politics and the accompanying landscape to be significant. They can no longer work in the old silos of the past that was developed by the silly political conflicts. No, these extraordinary leaders can no longer exhibit the behaviors that ultimately invite disaster. This is not to say that leaders of the past demonstrated the behaviors that put-up with negative politics that caused disastrous outcomes nor does it imply every good leader has found his/her way to the top of the heap by climbing over the bodies of crushed co-workers. It simply means that leadership understands workplace politics well enough to use them as “strategic weapons” to produce positive returns without the mud slinging and backsliding of unethical and immoral actions.  

 

Understanding how-to chart the path of organizational politics means being able to maneuver using political warfare to enhance the organization’s ability to rise to the top of its industry, without leaving one of its warriors lying wounded on the battlefield. It means having a well crafted Battleplan, understanding the players, building positive alliances and coalition of forces, using the art of war as a significant warfighting strategy that all stakeholders understand and buy-in to for winning, and finally, developing a compelling case study for the associates of the organization to understand the comprehensive approach for integrating strategic human capital and team development initiatives into the fold.

 

The best leaders are the people that understand the nature of warfare in dealing with and overcoming workplace politics. These are the men and women who have a tone on the pulse of the workplace – internal and external – and know what it takes to remain on task “ethically” to lead others into greatness. Here are five important things to know about politically savvy leaders:

°          They understand the critical importance of the team associates to be “LeaderShaped” into GREATNESS. They understand the “what” and “how” in developing a GREAT team.

°          They make decisive decisions for the benefit of the Future Picture

°          They understand the “culture” in the system that the team must influence.

°          They know what it take to strategically “execute” and win as a team.

°          They know how-to use the “Six Political Signs of Business Leadership” to achieve professional mastery to the people and organization: 1. a clear “Vision” of issues. 2. Understand the “Value” drivers within the team. 3. “Behavioral” influence of leadership to the Future Picture. 4. “Strategy” Modeling (Enterprise Decision Making). 5. Strategic “Execution” (Governance). 6. “Duplication of Protocol” (learnable-teachable methods for future engagements).

Engaging the battlefield that is influenced by workplace politics, for many, may mean asserting their power, pushing and shoving like the elementary school bully until they get what they want. But that’s really just the toxic behavior and conduct that eliminates the possibilities for leadership and the organization they influence to win. One of the best ways to lose power is to overtly use it. Instead, the best leaders know that power comes from influence – and influence is subjective to behavior, character and the value system that drives the people responsible for charting the pathway.

In this great read, Pitts also outlines how, in most cases, team leaders never hit their goals – not because they lack talent within the associate ranks, but because they are naïve to the complexities of team dynamics. He outlines the strategic-execution methods that smart leaders understand and use to determine what type of team model best suits their specific environment, what key skills to look for (and which to avoid), and how to coax top performances from everyone starting from day one.

Author Robert Dilenschneider explains in his book, Power and Influence: The Rules Have Changed: True power and influence means accepting responsibility, taking the heat and keeping your word. So even if someone supports the supposition that leadership is just another way of playing political games, it doesn’t necessarily mean this is a bad thing. When properly played, workplace politics can lead to great achievements and outcomes. Pitts believes that extraordinary teams that are great engage politics well. They are LeaderShaped and driven by extraordinary people who make a distinctive impact – they deliver significant and superior performance over a long period of time. There are some striking characteristics of great teams who achieve sustained success within their mission across its life cycle. They experience an increased level of professional mastery in developing and executing as great teams do. These teams have gone through a process; a process that is forged in a furnace of professional development, transformational thinking, and strategic-execution.  

Workplace politics, good or evil, are a very real part of the work environment. Whether people subscribe to the belief that leadership is just another way of engaging the political battlefield or not, it is important to keep in mind that as long as there are people working together as great teams do, there will be politics, but the outcomes will be far different from the results of the past. Great teams are the way to successfully engage the battlefield – greatness from the team is how to engage politics well and win it using fair tactics.

 

who else wants to gain profit from reading stock charts ?

It is the different types of stock that make most of investor become confuse. First of all, before we talk about stock trading, reading stock charts or even trading tools we must know what exactly stock means.

The capital stock (or just stock) of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors. Stock is distinct from the property and the assets of a business which may fluctuate in quantity and value. (wikipedia)

Sometimes they called stock as shares. Basically there is two type of stock, Common stock and preferred stock. Anyone can purchase common shares, regardless of age, income, age or financial situation. The co-ownership shares is mainly in the company you invest as a company grows and earns money, the value of your stock rises. On the other hand, if the company goes wrong or fails, the share price decline. common shareholders do not participate in the day to day operations of a business, but they have the power to elect the board of directors.

With shares, there are also different classes of shares. The different classes of shares in a company are often called Class A and B. The first class, class A, essentially gives the owner of votes per share equipment more than owners of Class B shares The ability to create different classes of shares in a company exists since 1987. Many investors avoid stock that has more than one class, and stocks that have more than one class are not called common stock.

The type most upscale is of course preferred stock rights. The preferred shares are not exactly a stock. It is a mixture of a stock and a bond. The owner of Preferred Shares is not entitled to the assets of the company in bankruptcy, and the holders of preferred shares to obtain the product of the profits of a business before the owners of common shares. If you think you may prefer this preferred stock, know that society generally has the right to buy the stock back from the owner of the equipment and stop paying dividends.

Obama?s Books Heading to the Top of Charts

Barack Obama’s two books Dreams from my Father and The Audacity of Hope, are selling incredibly well in the UK and could vie for the ‘unexpected bestseller’ title this Christmas, claim Waterstone’s, the UK’s leading bookseller.

Waterstone’s has seen increasingly good sales for the two titles since they were released earlier this year. “Books by politicians aren’t natural Christmas hits, especially when they come at the start of a career in high office rather than at the end. But Obama has captured everyone’s imagination and British readers want to find out more from him, so it was very prescient of the President-elect to write these books, and even more so for Canongate to publish them in the UK,” says Waterstone’s Politics Buyer, Andrew Lake.

Political biographies are not natural bestsellers – for every success like Alistair Campbell’s Blair Years there are several notable failures, such as David Blunkett’s notoriously poor selling autobiography. But foreign politicians’ books often fare better in the UK than that of home grown statesmen. “Bill Clinton’s autobiography was a huge success, and President Musharraf of Pakistan’s In the Line of Fire did very well in 2006. But the politician I am reminded most of in the way Obama’s books are selling is Nelson Mandela. He is an inspirational figure whose appeal crosses borders and generations, and his autobiography Long Walk to Freedom is a bestseller to this day. I think Obama’s books will also have a long shelf life.”

Sales of the two titles nationally are already over 130,000 combined, but Waterstone’s believes they can only rise. “We saw sales double week on week the day of the election, and today we have placed big orders for more stock to go into our stores nationwide. Obama’s sales could easily reach a quarter of a million by Christmas if this keeps up – and I believe it will,” says Lake.

Notes for editors Waterstone’s was founded in 1982 and is now the UK’s largest specialist bookseller, with over 300branches across the country. As well as stores in England, Scotland, Ireland and Wales, Waterstone’s Bookstores can be found on Jersey and the Isle of Man, and in Brussells and Amsterdam, and at Waterstone’s.

Waterstone’s prides itself on its bookseller’s passion for books, and believes its stores and booksellers offer the best range, value and service on the high street and online.

Options Trading Tools – Option Trading Charts – Canada Currency

Article by stoptroncm

The good news is that as an owner operator you will have plenty of time driving, between jobs, and waiting outside in the limo to give yourself time to take up a Masters Degree in Limousine Management. (Price of google stocks in October – Price of Google stocks in Feb – Call options price)= ( – ) – = profit per call option. An asset, for example, with a consistent trade record is considered to be of low volatility, and is therefore predictable. Disadvantages: In low interest-rate periods, it pays about the same as a passbook account; monthly fees if your account falls below the required minimum balance. Some bonds pay interest to the holder, you, at intervals before the bond matures. Art work, be it sculptures or paintings have an investment value. Investors use this strategy when they think a large price more will occur in a stock but are unsure of which direction the stock will move. To understand this better, it is imperative to know what determines the bidding price. For example, say the United States Presidential Election will occur in the next month and you want to find a way to profit. Limousine rental firms generally provide employment for 275,000 people and transport 400 million passengers annually for a wide array of purposes ranging from airport transfers, business and corporate travel, weddings, proms and other social outings. This strategy is implemented when an investor has a bearish forecast for a stock. The time premium is dependent on the time before the contract expires. I am not trying to encourage speculation here but some of us speculate from time to time. It is important to have a historical knowledge of the antique before purchase as this often helps in deciding its resale price. However, such an investment is also the most risky of the several options, since markets may rise and markets may fall at any time. The term “you can bank on it” is a testimony to the fact that investment in banks is the least risky of all the investment options. Debt settlement provides a proven debt-relief method that can reduce debt up to 60 percent. Despite the most scientific and historical analysis, a stock may surprise you with its sudden unexpected vivacities and tantrums. If you purchase a bond, then the issuer promises to repay you under the agreed upon terms. If you had just shorted the stock you would profit as long as the stock declines in value, but you have unlimited up side risk. Purchasing stock is a way to invest in a single company. A longer time would represent more time to monitor the behavior and movement of assets, therefore allowing investors to modify their trade strategies accordingly, which is why the further out the expiration date, the bigger the premium. Now, the most money you can loose over the month is the you paid for the put while you still can participate in any upside so as long as the Starbucks (SBUX) is trading above at expiration you have made a profit. This protection comes from the premium gained by writing the lower strike price put, which lowers the net cost of purchasing the higher strike price put option. When you’re out searching funding or financing, you need to consider your company’s debt-to-equity ratio — which is the relation between dollars you’ve borrowed and dollars you’ve invested in your business. How to choose the Strike Price?The strike prices used will depend on how bearish an investor is. However, these loans would need to be repaid regardless of your success. Further, this strategy is often referred to as a synthetic put as it has a similar risk/reward payoff as buying a put option. If you were to short the stock you need to be able to cover you position. The time that they are held by the investor will determine the appreciated value. There are many choices to be made when looking for investment options.

Forex Market Charts – The Importance of Studying a Forex Chart

Trading in global exchange (forex) markets involves having the necessary knowledge to understand movements in many currency markets worldwide. Forex trade, that is basically the buying and selling of currencies, like the forex market, is very technical. This is the reason for the call of studying forex charts.

A forex chart is the primary tool used by forex traders to help them see patterns and abnormalities in the currency markets. This patterns or trends are used to forecast possible future movements in the market. Forex traders use forex charts as technical tools if they want to gain success in the market.

Some of the forex charts that are commonly used are:

1. Candlestick chart – shows the opening, closing, highs, and lows of forex prices or currency rates, and represents them as a kind of candlestick with a wick at each end.

2. Bar chart – shows currency movement and therefore currency price

3. Point and Figure chart – essentially like the bar chart but Xs and Os are used to show changes in price direction

4. Line chart – shows the exchange rate of a given pair of currencies in a given period of time.

Traders can study a forex chart in the Internet as well as business news in print or on television. Forex charts are easily understandable and are similar to charts used for trading in the stock market. If used properly in technical analysis, you will find that using the charts is a time-efficient way to earn profits in the forex market. Forex traders should understand that currency rates and prices are always determined by fundamentals (political and economic conditions which affect exchange rates) and human psychology (i.e. emotions, how environmental happenings affect these).

Fundamental analysis of significant events in a country, including employment rates and economic policies of a governing party, so a general election in a country is often seen having some bearing on the forex rate for that country’s currency. Forex traders always look at the news to know things like a currency’s interest rates, a country’s GDP and amount of foreign investment. These things affect the present and future behavior of a currency. Stop what you are doing RIGHT NOW and get your Life Changing Program. It’ll change your Life Forever!