Jason Kulpa, San Diego Serial Entrepreneur, Shares the Four Types of Managers–and the One that Best Improves Worker Performance

Jason Kulpa, San Diego Serial Entrepreneur, Shares the Four Types of Managers--and the One that Best Improves Worker Performance

Only 40 percent of workers deem their managers to be helpful in their attainment of skills necessary for performing well in their current job function, according to a study by Gartner Inc. Fewer workers also say that their manager is effective at getting them ready to pursue their future career. All in all, vast swaths of workers feel their managers don’t provide the help they need to advance in their current career path and develop prospects for the future.

There are also those who attribute their excellent work performance and career growth to their managers. Those are the managers, much like Jason Kulpa the CEO of UE.co, that greatly benefit any business organization. Gartner researchers identified four types of managers–teacher, always-on, cheerleader, and connector managers.

  • Connector managers, who develop top performers in their teams effectively, frequently make sound assessments of their employees’ skills, do targeted coaching, and give feedback only within their specific areas of expertise.
  • Teacher managers train workers according to their expertise and experience; they tend to oversee the development of employees and give advice-type responses personally.
  • Always-on managers frequently coach their employees and offer feedback spanning different skills and disciplines; when always-on managers assist in upgrading their subordinates’ skills, they do so with the mindset that it is a part of their managerial duty. The study showed they lowered worker performance by up to 8 percent because they gave too much feedback, much of which was irrelevant or misguided.
  • Cheerleader managers, often characterized by their non-proactive hands-off approach to improving employee performance, give positive comments, remain supportive and approachable, and pretty much let their workers be responsible for themselves.

The connector manager consistently produces top performers among their subordinates with their distinctive approach to supervising people. The rest connect their employees to get feedback from in-house experts. In a nutshell, tailored and strategic coaching is the most effective way to drive employee performance.

 About Jason Kulpa:

Jason Kulpa is the founder and CEO of UE.co, an Inc. Fastest Growing Company that delivers cutting-edge marketing products and services. After graduating from the W.P. Carey School of Business at Arizona State, Mr. Kulpa made a career from encouraging growth in several exciting areas of the tech industry. He is San Diego Business Journal’s “Most Admired CEO” for 2018.

 

Jason Kulpa Around the Web:

http://www.digitaljournal.com/pr/3862998

http://www.nbcrightnow.com/story/39026829/ueco-ceo-jason-kulpa-announces-entrepreneur-scholarship-winner

https://angel.co/jasonkulpa

https://forbescouncils.com/members/agency/profile/Jason-Kulpa-CEO-Founder-UE-co-UE-co/45315543-918e-4070-a59b-be44bfa066bd

https://www.crunchbase.com/person/jason-kulpa

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Robb Misso, Successful CEO, Describes 3 Steps to Employee Buy-in and How to Guide Your Team Through Change

Robb Misso, Successful CEO, Describes 3 Steps to Employee Buy-in and How to Guide Your Team Through Change

Periods of crisis and change are the most stressful and challenging time for teams and their leaders. But you can make it through with productivity and morale intact if you are strong for your team with the right leadership attitude. By encouraging your team to think of change as an opportunity, you can quickly move your team from resistance with a past focus to commitment with a future focus.

“Everything that exists is already fraying at the edges and is in transition.”

–Marcus Aurelius, second century Roman emperor.

 

Moving Through Change from Past to Future Focused

Getting your team through change means leading them through a change curve: through denial, resistance, acceptance and finally to commitment. Adapted by Sue Stockdale from the five stages of grief, this four-step process starts with employees focused on the past of what was. But as employees learn what’s happening, they will move through the present and finally look forward toward the future of what can be.

The transition from resistance to acceptance of change is the hardest part to get through. But with enough information and time, you can get your team to see the present as it really is. As they go from resistance to acceptance, they will see the reality of the present in a sudden moment of clarity, almost like the eureka moment of creativity.

To bring your team through the past, present and future, follow these three steps advised by Robb Misso, co-founder of DMS and Austin Regional Manufacturer’s Association (ARMA).

1. Understand the Change

Whether the change is expected or unexpected, the first step is to understand what is happening. Before you go to your team, ask yourself about how your own experience with change prepares you for what’s happening, and use strategic assessment tools such as SWOT to assess the situation. By following SWOT analysis, you’ll have a clear understanding of how to counter employee objections of weaknesses and threats with the potential opportunities and strengths of change.

To help in this process, treat change as an opportunity in your own leadership style, even during stable periods. People react to events based on attitudes built up over time. Instill an attitude of opportunity in your team by always being open to questions and suggestions, but don’t make promises you can’t deliver on.

2. Understand Resistance

Once you’re clear on how the team and the business are changing, step into your employees’ shoes and try to think about how they will react. What are their personalities like? Are they generally open to new ideas, or is it going to take some time to bring them past denial and resistance?

After planning for how your team will react, go to your team and drive home what is happening. Be realistic and direct. Don’t pretend that things might be able to stay the same if they can’t. Don’t try to fight legitimate fears by lying. Getting resistance is better than letting your team sleep in a dreamland …

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Energy Venture Scanner Insights venture debt funds in india

investors network south africaAbout: Munich-primarily based Siemens Venture Capital (SVC), the central venture capital organization inside Siemens, invests in early-stage technology firms and established development firms, focusing on the energy, business and healthcare sectors. Avesthagen had recently raised $32 mn from Fidelity Investments and France-based biotech majors BioMerieux and Limagrain and the meals giant Danone. The organization has also raised $five-7 mn from Indian corporates such as the Godrej, Cipla, the Tata Group, and ICICI Ventures. ICICI Ventures and Fidelity hold 19% and ten% stake, respectively, in the firm although other strategic investors hold 4-6% stake.

Dubai-primarily based fund-of-funds Evolvence Capital is launching an AIM-listed closed-ended FOF in January which will invest in Indian PE funds. The fund intends to raise $105 mn for the Evolvence India Fund. The FOF will invest in a number of closed-ended PE funds focused on the Indian infrastructure, pharmaceutical and retail sectors. UTI Ventures’ Ascent India Fund, Barings India Private Equity Fund II, IDFC Private Equity Fund II, India Value Fund II, IL&FS’ Leveraged India Fund and New York Life Investment Management India Fund II will be the initial beneficiaries of the fund.

About: 3i Group plc is a London-primarily based mid-industry private equity company. The Company focuses on buyouts, growth capital and infrastructure. It invests across Europe, Asia and North America. The Firm, together with its subsidiaries, manages a quantity of funds established with institutions and other investors to make equity and equity-associated investments predominantly in un-quoted businesses in Europe and Asia. It also advises 3i Infrastructure plc, an investment business, which invests in infrastructure assets. The Organization invests in sectors, such as business solutions, consumer economic services, common industrial, healthcare, media, oil, gas and energy, technology and infrastructure. 3i Investments plc acts as an investment manager to the Organization. In April 2009, the Business sold off its remaining stake of about four% in ProStrakan Group Plc.

The New England Venture investment

investors network on climate riskAbout: Munich-based Siemens Venture Capital (SVC), the central venture capital organization within Siemens, invests in early-stage technologies companies and established development businesses, focusing on the power, business and healthcare sectors. The 2009 San Francisco conference dubbed OneMedForum () provided a refreshing break from the same-old, exact same-old crunch of the bigger investor conference down the street. OneMedPlace featured a series of forums focusing on challenges and possibilities in todays healthcare markets. Panelists integrated captains of the medtech business, VC superstars and a smattering of service providers such as attorneys and I-bankers. With no exception, the forums were nicely attended and topical, covering subjects like financing in these bleak occasions, evolving reimbursement scenarios and technology developments in the numerous medical specialties. A second track spotlighted executives of small public and private firms giving their pitch to a an audience of investors that was very easily double that of final year’s event.

IIFC’s paid-up capital is Rs. one hundred crores. It sanctions loans up to 20% of the project expense. Out of the 46 projects which are under the …

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Some Of The Characteristics That Define Venture Capital Stages of financing in india

venture financing roundsObtaining venture capital financing for your start off-up is in no way simple and it really is much, significantly tougher if you’re a female entrepreneur. Lending (Consumer): New approaches for businesses to raise debt financing. Contains modest organization loan underwriting, provision of working capital, peer-to-peer lending platforms, asset-primarily based lines of credit (i.e. borrow against unpaid invoices), and micro-financing. Also, involves businesses that give massive data danger analytics and organization credit information.

Venture Capitalists make loans to young organizations and in return obtain quite higher returns on their investments. Rates on average are about 20% but can attain 30%, even 50%. The distinction between banks and venture capitalists is VCs routinely take equity positions as nicely. This means alternatively of paying money in the type of interest and principle, 1 can give a portion of their or other owner’s interest in the firm in exchange for the venture capitalists backing.

The operations of banks in Nigeria are not even assisting matters. They prefer financing trading activities more than the actual sector of the economy. There reason for this extensively condemned practice is that the trading companies promise much better and quicker. The federal government of Nigeria in 2006 mandated banks to let go particular % of their net profit especially to finance the small and medium-scale enterprise (SME ). Exactly where all the contributions made by the banks went to can’t be explained by most Nigerians.

Venture Capital Financing In India Juudge stages of venture capital financing

venture capitalist and angel investorAccording to Pricewaterhouse Coopers, investment by institutional venture capitalists in startups grew from less than $three. billion at the starting of the 1990’s to over $106 billion in 2000. One corporate investor invested $three million in a young medical instrument firm but then imposed onerous specifications that necessitated a full redesign of their instrument before they would distribute it, and further needed that they employ top quality manage engineers, and so forth. This delayed introduction of the Company’s instrument by much more than two years, and the delay consumed all of the invested capital. The firm lastly introduced the instrument into the market, but by then the corporate investor had tired of the adventure and literally walked away from their investment. For the subsequent handful of years the Company struggled, going through added fundraising, management turmoil, etc. Whilst the temptation to accept capital, experience, advertising and distribution sources of a massive in-location sales organization is wonderful, there can be a downside.

Starting a chicken farm you need to decide if you use the totally free range or caged program, the subsequent step is to map out a viable organization plan which need to be attainable. The organization plan need to contain operational costs, sector of chicken farming you want to do, financing either by self, and bankers in terms of loans or credit.

This stage is also recognized as a bridge finance stage. It is the last round of financing prior to exit. The Ventures at this …

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Reconciling Your Business Tax for Your Accountant

When you own a business, there are many items that you need to keep records of. Your sales and income as well as any losses you may have incurred during the year are a small part of it. All of your financial records will need to be turned over to your accountant at years end so that they may put together your income tax forms to be submitted. It is important that your records are accurate and using a good software program to record all of your business activity is a good way for you to do this.

Reconciling Your Business Tax for Your Accountant

What Should Be Included in Your Records

If you have inventory, a record of your sales as well as any purchasing must be kept. The accountant will need this information to use as a basis for your taxes. You must also keep detailed records of any employees you have on your books. This includes any hires you may have during the year as well as any employees you have let go. They will need to also have records of taxes you have paid on behalf of your employees, such as, social security and federal tax. If you have had any building damage and repairs have been made, this will also need to be recorded on your taxes. Your accountant will advise you of what they need to submit.

If You Do Business Overseas

International trade is a very specialized area of the tax law and you should make sure you hire a good international tax CPA to put your business taxes together. There are many different laws that pertain to international business and a specialist will be able to submit accurate tax filings for you. You should also look to install the right software programs that will be able to keep your records for this type of business. Having all your documentation on a computer will make it much easier for your accountant to file your returns.

No matter what type of business you are in, keeping good records will help you not only to see what your profit or losses are at the end of the year but will help you to compile your information for your tax accountant. Most businesses today are computerized, and this makes it a faster process when your accountant does your taxes. Handing over paper documents will prolong this process. The fees you pay to your accountant will cover their filing your tax documents as well as give you support if your business receives an audit. International accountants will generally cost more for these services. Many big businesses will hire a team of accountants who will constantly work on all of the companies records. Smaller business will typically hire private accountants to work on their taxes. Trying to do taxes on your own if you do not have the experience and knowledge can be very detrimental to your business and it is recommended that you hire an accountant. The cost will pay for itself and give …

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