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How To Assess Poor Managers In Your Organization And Train Better Ones - Forbes   

Recently, I was interviewed by Radhika Panjwani for the Canadian newspaper The Globe & Mail, exploring the topic of why promoting your star employee into a managerial role may not be a good idea, and can in fact lead to serious problems for the team and organization. Among other things, we discussed The Peter Principle – the idea that “in hierarchy, every employee tends to rise to his/her level of incompetence,” which was made popular back in 1969 by Laurence J. Peter in his bestselling book, The Peter Principle: Why Things Always Go Wrong.

As I shared in the interview, the challenge for many organizations is that there simply aren’t many people who are truly up to the task of effective, empowering leadership. Contrary to what people say today, everyone is not a leader, and certainly everyone is not a good one. Great leadership requires training and experience, as well as solid, constructive feedback about our approach, communication style, managerial focus and more. To be an effective leader who engenders trust and support and delivers great results, we also need emotional self-mastery and self-awareness, strong communication, healthy boundaries, a strategic mindset and a keen understanding that leading is not doing other people’s jobs for them.

From my view through coaching thousands of mid- to high-level professionals globally, a key initiative that is missing in today’s organizations is offering ongoing leadership training and guidance that builds a process of encouraging people to take on “stretch tasks” that help them prepare for leadership. That includes helping them engage in higher-level thinking, problem evaluation and solution, brainstorming and sharing their ideas to a wider, more senior audience, and thinking more strategically about how their role and tasks fit into the larger picture.

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American life-sciences firms are moving labs downtown - The Economist   

From initial impressions, the headquarters of Portal Innovations, a business in Chicago, resemble any other tech-firm office space. In the main lobby, workers in jeans and t-shirts sip on fancy coffees and lounge around on modernist furniture. Walk around the place, however, and differences become apparent. First, there are almost no cubicles or desktop computers. Instead, the rooms surrounding the central atrium are filled with lab equipment: microscopes, mass spectrometers and bioreactors. Second, the space is in use. Given your correspondent visited late on a Thursday afternoon, the workers are rather numerous. Evidently almost nobody is working from home—probably because they do not have access to those bioreactors in their living rooms.

Portal is a firm somewhere between a WeWork and a venture-capital incubator for life-sciences firms. Its tenants are startup firms typically trying to develop new drugs. The complex they are based in is Fulton Labs, in Chicago’s West Loop, which opened its second building last year. From the outside it resembles a fancy hotel, or any other new office building, with its gyms and balconies. But inside it is largely lab space. As well as Portal, space is taken up by the Chan Zuckerberg Biohub, a charitable research lab set up by the Facebook founder, which opened in October. Its construction represents a bet that scientists will flock to city centres, even if office workers remain slow to return.

Until recently, says John Flavin, of Portal, biosciences mostly happened in the suburbs. Big pharmaceutical firms operated huge labs on corporate business parks. But that, he insists, is changing—because bioscience is becoming more like tech.

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