Author Archives: Coen Welsh

So many actors, so few Oscars (The importance of succession planning)

This article in the Wall Street Journal caught my eye: “Warren Buffett Further Reveals Succession Plan at Berkshire Hathaway” written by Nicole Friedman. The article discusses the two candidates identified by Warren Buffet as potential candidates to take over the top job at Berkshire Hathaway when he eventually retires. This article immediately made me think of Jack Welch’s First Rule that he describes in Winning. Welch describes the process of continuously evaluating your team members to identify development areas and areas where the team members are performing well. While Welch got a lot of flak for this principle of differentiation it is only through this process of differentiation that you could get to the point where someone like Warren Buffet can identify one or two people to take over.

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Happy NOW Year – Goal Setting For Success

At the start of every year, I write an article on New Year’s Resolutions. This year I wanted to take a bit of a broader look at goals in general and goal setting in particular. There is a famous quote that says: “Goals are dreams with a deadline.” There is much wisdom in that quote as it summarises the whole idea behind what goal setting is. Thus in a nutshell goalsetting is aiming toward a specific end product or action while keeping yourself accountable for achieving that behavior/product/action by a particular date.

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Leadership Every Day

Recently I was tasked to write an essay on whether a leader is born or if a leader is made (trained). This is an extension of the age old question that asks, what came first? The chicken or the egg? Jokes aside, the question on whether leadership (or any other skill/ability) is innate and inborn or is it something you can acquire with training and experience. The answer may not be as simple and it may be difficult to answer that question in a 500 word essay. However, the fact is whether you’re aware of it or not and whether you like it or not, you are influencing (leading) people every day. I would like to illustrate this fact with two short video clips.

  • Time: 2 minute read (412 words)
  • Video 1: 1:33
  • Video 2: 6:20
  • Total time: 10 minutes

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Namibia HR Forum – Reward Communication

Reward communications is a topic that is equally fascinating and frustrating. It is fascinating in terms of the obvious importance and impact of the topic, and frustrating in terms of how challenging it is to get right. While most organizations have a rewards philosophy, only one-third of organizations report that most of their employees understand it. (Thanks to HayGroup.com)

Danica Slaney-Heinz shared some insights on this topic at the HR Forum Networking Breakfast on the 15th of November 2017.

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Overcoming Alcoholism – #MentalHealthMonth

One of the biggest problems we have facing our society is that of alcoholism. Alcoholism, also known as alcohol use disorder (AUD), is a broad term for any drinking of alcohol that results in mental or physical health problems. The World Health Organization estimates that as of 2010 there were 208 million people with alcoholism worldwide (4.1% of the population over 15 years of age). In 1979, the World Health Organization discouraged the use of “alcoholism” due to its inexact meaning, preferring “alcohol dependence syndrome” We found the video below insightful with valuable ideas on how to treat alcohol use disorder.

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