The business models, they are a-changin'

If you're always talking it's time to HALT and WAIT | practice (split each time) | The business models, they are a-changin' Created for {EMAIL} | [{NAME}]( at [{NAME}]( [For more relevant content - Update Your Profile]( | [Web Version]( July 3, 2024 CONNECT WITH SMARTBRIEF  [LinkedIn]( [Facebook]( [X]( [SmartBrief on Leadership]( Innovative Ideas. Ahead of the Curve. [SIGN UP]( ⋅ [SHARE](   Leading the Way [] [If you're always talking it's time to HALT and WAIT]( [If you're always talking it's time to HALT and WAIT]( (Isabel Pavia/Getty Images) Leaders can learn the art of active listening by checking how often they do the talking and take time to WAIT -- or ask themselves, "Why am I talking?" -- and then HALT to check in on how their team is feeling -- if they are hungry, angry, lonely or tired -- which can hamper effective communication, write U.S. Army officers Chaveso Cook and Joshua Bowen. Think about the needs you and your team members are trying to satisfy and what value everyone can bring to the conversation to meet those needs, they advise. Full Story: [Fast Company (tiered subscription model)]( (7/2) [LinkedIn]( [X]( [Facebook]( [Email]( [] Put it into practice: Pay close attention to what's being said and who isn't talking when you're with your team, write Cook and Bowen and [gauge whether the conversation should happen later]( and if you're dominating the interaction. "A core competency to leadership is communication, regardless of what industry you're in." [] SmartBrief on Leadership [] [The business models, they are a-changin']( [The business models, they are a-changin']( (Theerayut Kaenthao/Getty Images) Half of 2024 is in the rearview mirror, but that doesn't mean you can put your go-to-market models in cruise control or bird-dog the road in front of you at the expense of the road ahead, executive coach Dave Coffaro writes. Reassess with an eye toward what's different, advises Coffaro, because the "faster the pace of evolution in operating conditions, the sooner business models can become obsolete." Full Story: [SmartBrief/Leadership]( (7/2) [LinkedIn]( [X]( [Facebook]( [Email]( [] Put it into practice: To realign with current and future market conditions, ask yourself: "How are my clients/customers changing?" "How are my team members evolving?" "How are my competitors adapting?" [Some business models may last longer than others, depending on the industry](, but change is a constant factor. [] [Read more]( from Dave Coffaro on SmartBrief on Leadership [] Smarter Communication [] [TikTok, ring, write? How to connect with Gen Z employees]( Generation Z employees and their older managers have a veritable phone book full of ways to communicate, but connecting isn't easy. Tom Corfman of RCG suggests a happy medium for managers: Use text messages and social media much more often, but don't abandon phone calls and in-person conversations when necessary. Full Story: [Ragan]( (7/2) [LinkedIn]( [X]( [Facebook]( [Email]( [] Put it into practice: Because younger employers are optimistic and willing to share feedback, make sure you don't shut them, or their ideas, down, because they can quickly lose enthusiasm. If that happens, "they're likely to be[more disillusioned than workers who don't share their outlook,](" Corfman writes. Free eBooks and Resources Free eBooks and resources brought to you by our sponsors - [The Communication Process: Skills to achieve desired outcomes]( - [Microsoft Excel: Unlocking the Power of Spreadsheets]( - [The Top 75 Leadership Quotes of 2023 - Part 1]( - [ChatGPT Newbie: Your Essential Handbook for Navigating ChatGPT]( - [The Visual You - Why Body Language Matters When You Speak]( [] Smarter A.I. A weekly spotlight on how A.I. is affecting leadership [] - [Job scamming rose 118% with the help of AI]( CBS News (6/26) [] - [AI has a role to play in cybersecurity strategies]( ISACA (6/28) [] - [AI demands could push more companies toward the cloud]( TechRadar (6/27) [] In Their Own Words [] [Olympic gold medalist: Use pressure to your advantage]( [Olympic gold medalist: Use pressure to your advantage]( Vonn (Christophe Pallot/agence Zoom/Getty Images) Olympic gold medalist downhill skier Lindsey Vonn says she lives off of adrenaline and needs a challenge to drive her and notes that it's that mental perseverance that both athletes and leaders need to make success look effortless under pressure. "If you use pressure to your advantage, it can be a huge driving force," Vonn says. Full Story: [BBC]( (7/1) [LinkedIn]( [X]( [Facebook]( [Email]( [] Daily Diversion [] [Rare first edition of "Frankenstein" auctioned for $843K]( [Rare first edition of "Frankenstein" auctioned for $843K]( Shelley (Hulton Archive/Getty Images) After a bidding war, a rare 1818 first edition of Mary Shelley's classic "Frankenstein" novel sold for $843,750 at an auction in Dallas that also saw a 1925 copy of F. Scott Fitzgerald's "The Great Gatsby" fetch $425,000. The books were part of a collection owned by William Strutz, a rare book collector who amassed a library of 15,000 tomes. Full Story: [New York Post]( (7/2) [LinkedIn]( [X]( [Facebook]( [Email]( [] SmartBrief Podcast Network [] [Grid Strategies' Gramlich talks transmission and energy storage]( Rob Gramlich, the founder and president of Grid Strategies, discusses the challenges faced by the US grid in accommodating increasing demand for renewable energy sources, including power demand growth, limited grid capacity, and constraints in the interconnection process. Gramlich highlights the importance of building transmission infrastructure and leveraging battery storage to ease grid stress during peak summer hours. Gramlich also shares his perspectives on the Inflation Reduction Act's impact on clean energy, including the significance of storage tax credits and the need for transmission cost allocation policies to develop the grid. Full Story: [Renewable Energy SmartPod]( (6/27) [LinkedIn]( [X]( [Facebook]( [Email]( [] SmartBreak: Question of the Day [] George Washington ordered that troops get double rations to commemorate the July 4th holiday in 1778. What was doubled? [Vote]( [Beer]( [Vote]( [Cherry pie]( [Vote]( [Hot dogs]( [Vote]( [Rum]( [] Editor's Note [] SmartBrief will be closed Thursday, July 4 In observance of Independence Day in the US, SmartBrief will not publish Thursday, July 4. [LinkedIn]( [X]( [Facebook]( [Email]( [] About The Editor [] Candace Chellew Candace Chellew Chellew We tend to listen to leaders who talk a lot. I mean, who wants a reticent leader who says little? U.S. Army officers Chaveso Cook and Joshua Bowen, however, [make the case for leaders to be aware of just how much they are speaking]( and if they are cutting themselves off from hearing what their team members have to say. Sometimes leaders speak to fill the silence, but what if creating some silence -- or even posing some insightful questions -- could make space for others to share their ideas and wisdom? Would you, as a leader, be willing to make that space? Cook and Bowen offer two methods -- HALT and WAIT -- to help you become aware of when your words may fall on hungry, angry, lonely or tired ears or when you may just be talking to hear yourself talk. In those moments, ask why you are talking and if your team is in the right frame of mind to really take in what you're saying. "This calls leaders to ask more, listen better, and understand deeper. It calls for leaders to talk less," they write. If you learn to listen more and talk less, you may find a depth of wisdom in your team that's just been waiting to be heard. If this newsletter helps you, please tell your colleagues, friends or anyone who can benefit. Forward them this email, or [send this link](. What topics do you see in your daily work that I should know about? Do you have praise? Criticism? [Drop me a note](mailto:candace.chellew@futurenet.com). And don't forget to send me photos of your pets, your office and where you spend your time off. [LinkedIn]( [X]( [Facebook]( [Email]( Sharing SmartBrief on Leadership with your network keeps the quality of content high and these newsletters free. Help Spread the Word [SHARE]( Or copy and share your personalized link: smartbrief.com/leadership/?referrerId=japnABMSAp [] [] There are many highly intelligent people who have no answer at all in them. [Isak Dinesen](, pseudonym of Karen Blixen, writer [LinkedIn]( [X]( [Facebook]( [Email](   SmartBrief publishes more than 200 free industry newsletters - [Browse our portfolio]( [Sign Up]( | [Update Profile]( | [Advertise with SmartBrief]( [Unsubscribe]( | [Privacy policy]( CONTACT US: [FEEDBACK](mailto:leadership@smartbrief.com) | [ADVERTISE](mailto:lengel@smartbrief.com) [SmartBrief Future]( Copyright © 2024 SmartBrief. All Rights Reserved. A division of Future US LLC Full 7th Floor, 130 West 42nd Street, New York, NY, 10036.