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Rick Yvanovich

Rick is a versatile leader that wears multiple hats: he is USA Today and Wall Street Journal best-selling author, a Speaker, an Entrepreneur, a Techie, a Brit, a Baby Boomer, and a professional bean counter (hence the FCMA CGMA FCPA). Rick has worked for 30+ years in supermarkets, the accounting profession, breweries, newsagents, defence manufacturing, IT, property development and BP in the UK, China, Singapore, Switzerland and Vietnam. Rick views Coaching as essential to leadership and is inculcating the value in his own organisation. Thus, his current focus is on Ikigai, Life, Executive, Performance, Team, and Coaching Culture Coaching. Rick inspires and transforms professionals for consistently higher achievement through coaching.
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Recent TRG Blog Posts

Happy Lunar New Year of the Water Dragon 2012!

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Workload Automation Challenges and Opportunities

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Enterprise IT workload environments are becoming more complex, dynamic, and unpredictable. Traditional static batch processing workloads are being run side by side with dynamic business-critical composite applications and process flows that can have highly variable resource consumption requirements and peak hours.

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Blog Topics: Talent Management, Enterprise Performance Management (EPM)

The "ABCs" of Data-as-a-Service

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Data growth continues to outpace business growth at many organizations. Moreover, the growth in data generation is outstripping the ability of conventional tools, techniques, and processes to make effective use of that data.

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Blog Topics: Talent Management

Cloud-based email archiving: A practical guide

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Because email dominates communication in most organizations, the handling and storage of messages is a key concern for CIOs and IT professionals alike. For legal reasons, as well as to ensure efficient and cost-effective business processes, organizations need an archiving system that provides secure, verifiable storage. Fast retrieval of messages is equally important for a number of reasons.

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Blog Topics: Cloud Computing

Develop Productivity Rituals

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Tony Schwartz, president and CEO of The Energy Project, lists the top four habits that help him get more work done

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Blog Topics: Talent Management

Five Resolutions for Aspiring Leaders

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As the New Year approaches, people will be making resolutions to eat better, exercise more, get that promotion at work, or spend more time with their families. While these are worthwhile goals, we have a more important challenge for young people: Think seriously about your development as a leader.

These are tough times. Many leaders of the baby boomer generation have failed in their responsibilities by placing their self-interest ahead of their organizations. In so doing, they have failed to serve society's best interests. As a result, more young leaders from Gen X and the Millennials are being asked to take on major leadership responsibilities. To be prepared for the challenges you will face, we propose the following resolutions this New Year's:

Find a trustworthy mentor: Mentorship is a critical component of your development as a leader. A 2004 study showed that young leaders with mentors were more likely succeed professionally and experience career satisfaction. The essence of effective mentoring is developing a trusting relationship between the mentor and mentee. Identify someone with whom you have a genuine chemistry and who is committed to your development. Although many mentees do not realize it, a sound relationship is a two-way street that benefits both parties — not just the mentee. We suggest looking for mentors whom you admire for their values and character more than their success.

Form a leadership development group: Most of us have little time to reflect on the values and characteristics we want to define us as leaders, the difficulties we're facing, or the long-term impact we hope to have. Forming a leadership development group can give you the space you need to think deeply about these subjects. Leadership development groups are groups of six to eight people who meet to share their personal challenges and discuss the most important questions in their lives. Find people you can trust, and make a commitment to be one another's confidential counselors. Meet regularly, and share openly your life stories, crucibles, passions and fears, while offering each other honest feedback.

Volunteer in a civic or service organization: Have you served your community this year? In the Facebook era it's easy to lose touch with our real-world neighbors. Long hours often cause us to avoid volunteer opportunities. Participating in local organizations — from religious organizations to civic groups — can give you early leadership experiences, provide real connection to your neighbors, and offer opportunities to serve others. It adds a dimension to your life that work can't, and helps you develop and solidify your character while giving back to the community. You will find your time serving a community organization is highly rewarding while broadening your outlook on people and life.

Work in or travel to one new country: "The world is flat," as Tom Friedman puts it, so it has never been more important to get global experience. In the future cultural sensitivity will be a more important characteristic for leaders than pure intellectual ability. John's survey of more than 500 top MBAs found that on average they had worked in four countries prior to entering graduate school and expect to work in five more in the next ten years. Having a global mindset and the ability to collaborate effectively across cultures are essential qualities for aspiring leaders of global organizations.

Finally, ask more questions than you answer: With the high velocity of change in the world, it is impossible to have answers to all the important questions. Much more important is a deep curiosity about the world and the ability to frame the right questions in profound ways. The world's toughest problems cannot be solved by you or any one organization. Your role will be to bring the right people together to address the challenging issues you raise. Our research demonstrates that the biggest mistakes result from decisions made by people without deep consideration of thoughtful questions.

Young leaders will soon be asked to take on major leadership responsibilities in their organizations and their communities. We believe it is essential that they take steps like these in order to be prepared for the difficult leadership challenges they will face. There's no better time to get started than the coming year.

Source:HBR Author: John Coleman and Bill George

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Blog Topics: Talent Management

Start the New Year with Progress

Posted by Rick Yvanovich on

To get yourself and your team off to a good start for the new year, focus on progress. Our research discovered that fostering progress in meaningful work is the most important way to keep people highly engaged at work — even if that progress is a "small win."

We call this phenomenon the progress principle; it works because people want to feel that they are contributing to something that matters. The new year presents a great opportunity for managers to put the progress principle into action.

  • First, note the progress made by your team or organization over the past year — the major accomplishments and the small wins, too. And communicate the list broadly. All too often, progress gets ignored as people move from one task or project to another. Simply noting what was accomplished and how it contributed to the goals of the organization can have a big impact on how people feel about themselves, the organization, and the work they do. Wesley, a researcher at a chemicals firm that participated in our study, made clear how much it meant to him when his VP did this at a holiday celebration: "We had a wonderful Christmas celebration, during which time our VP and Director of R&D reflected on our terrific achievements over the year."
  • Don't stop with enumerating the year's accomplishments. Celebrate that progress and recognize all those who contributed to it. People who work hard deserve the opportunity to celebrate and rejoice in what they have accomplished. It nourishes them psychologically and motivates them to accomplish even more in the coming year. And don't recognize only the people directly responsible for a particular achievement. Recognize everyone who contributed across the organization, including support staff. For people to give their best in the future, they must feel that their hard work really matters. They benefit, through satisfying engagement in their work. And the organization benefits, too. When employees are more engaged in their work, their performance improves — contributing to the bottom line.
  • Map out goals for progress in the upcoming year and say why that progress matters. Be sure to include both broad, aspirational goals and smaller, interim milestones. For people to be fully engaged, they must feel that they are making steady progress, not just slogging away in hopes of a major breakthrough. And be sure to articulate why those goals matter — why they are meaningful to the organization, customers, and/or society. Making progress on meaningless work doesn't boost engagement; people must feel that they are contributing to something they value. Great leaders at every level of an organization are able to communicate not only what needs to be done, but why it is important. This means communicating the mission and values of the organization, and ensuring that all employees understand how their own work contributes to the mission.
  • Finally, resolve to support people's progress each day in the coming year. For the progress principle to work, people should experience progress more often than setbacks. Give them the goals, resources, and time they need to succeed, and remove or reduce any obstacles to progress. And insist that people across the organization support each other as much as possible. Create a climate of attention to progress, where everyone is looking for opportunities, every day, to help colleagues move forward on meaningful work.

These actions are not difficult or costly, but they can have a real impact on employee engagement and performance. Make it your pre-New Year's resolution to give your people meaningful work to do and to support, recognize, and celebrate their contributions now and throughout the coming year.

What tips do you have for ending the year at work on a positive note and jump-starting progress for the coming year?

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Blog Topics: Talent Management

Intelligent Performance Management

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CFOs tell us that improving corporate performance management is one of their highest priorities this year; our research has shown some interesting methods to ensure managers focus on the right decisions
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Blog Topics: Talent Management, Enterprise Performance Management (EPM)

Find the Right Balance

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As the role of the CFO continues to evolve from bookkeeper to influential business partner, the range of skills necessary for the job is widening. Rob Marcus, group finance director of Progressive Digital Media Group, talks to Elly Earls about the value of placing equal importance on number crunching and business competence to successfully transform a company.

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Blog Topics: Talent Management

Fitting Your Business Intelligence Solution to your Enterprise: Four Options, One Right Decision

Posted by Rick Yvanovich on

People throughout your organization are called upon daily, if not hourly, to make decisions that affect your business performance. Who could blame you for wanting them to make the right decision and make it quickly? But no matter how experienced and dedicated your employees are, they’ll only consistently make the right decision if they consistently get easy access to clear, accurate, and actionable information. What can you do to help them—and your company? Identifying and implementing the right business intelligence (BI) solution is an essential step. If you choose to upgrade your business intelligence solutions you’ll have lots of company, according to research by Gartner, Inc.

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Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software

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Rick Yvanovich

 Rick Yvanovich
 /Founder & CEO/

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