7 Traits of Superstars @ Work

7 Traits of Superstars @ Work

Do you have someone in your team who seems to be a superstar? Someone who gets a lot done in much less time? Someone who is always looking for challenges? Such highly productive people are an asset to any organization. Over the past few years, I have been observing the common traits, habits, and characteristics of such people around me.

 

The 7 traits that are most common in these superstars are listed below:

Focusing on ONE thing:

A super-productive person always seems to focus on the ONE thing at a time. As rightly written by Gary Keller, "Extraordinary results happen only when you give the best you have to become the best you can be at your most important work."

Multitasking is a myth. Research suggests that productivity can be reduced by 40% by the mental blocks created when people switch tasks. Super-stars focus their energies on the most important thing. They also tend to minimize the number of different things to work on at a given time.

Setting High Goals

Superstars set stretch goals for them and are always keen to challenge themselves. They aim to achieve the highest possible reward and recognition in their organization. They think BIG and are often self-motivators.

Building expertise

A super-productive person continuously learns new skills and builds his or her expertise. He appreciates the need for continuous learning and believes in the concept, 'What got you here, Won’t get you there’.

Collaborating with others

The star performers know the power of networking within and outside the organization. They tend to collaborate with like-minded people and share their knowledge freely with them. They empower others around them and help them to be more productive and successful in their careers.

Having Self-Discipline

Superstars are highly disciplined in life. They tend to resist temptations, adhere to the guidelines, and follow the goals that they set for themselves. With high self-discipline, they consistently drive great results.

Being Positive

Superstars have a positive mindset for work and for life in general. They like to read new books, attend inspirational seminars, volunteer their time to local charities, etc. They surround themselves with positive like-minded people.

Innovate

Star performers tend to be more creative than others around them. They look for opportunities to pioneer innovations in business processes and technical practices. They thrive better in a team that fosters a culture of innovation in an open and transparent environment. 


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5 Habits that Successful Leaders Have

5 Habits that Successful Leaders Have

The 5 significant habits of successful leaders are listed below:

  • Having a Positive Mindset

Great leaders have a positive mindset and they radiate positive energy to others. They strongly believe that they are they are confident, successful, and loved. They read inspirational books, listen to motivational speakers, attend personal development workshops, and surround themselves with positive like-minded people. Leaders hire right people on their teams, who not only have the right skills but also possess a positive mindset. Such positive minded people are self-motivated to perform at their best.

Check out my inspirational book, Think Positive, Speak Positive, Act Positive to embrace positivity and change your life.

  • Communicating Effectively

Effective communication is vital to the success of an organization. In 1938, Chester Barnard, the author of pioneering work in management theory and organizational studies, concluded that effective communication is the most important responsibility of leaders. Great leaders listen effectively and encourage their team members to provide feedback. They keep an open mind, encourage collaboration, and promote consensus.

  •  Empowering Others

Great leaders with a positive mindset empower the team. They target to create more leaders than followers.

The best-known entrepreneurs of the personal computer revolution, Bill Gates stated, “As we look ahead into the next century, leaders will be those who empower others.”

Great leaders inspire their team, appreciate their work, help their team members to grow their visibility, connect them with right opportunities, and encourage them to fulfill their dreams. One of the richest American and successful industrialist, Andrew Carnegie, once said, “No man will make a great leader who wants to do it all himself, or to get all the credit for doing it.”

  • Continuous Learning

Great leaders always look forward to read inspirational books, listen to motivational speakers, read the autobiographies of other great leaders, and learn from successful self-development coaches. They often listen to audiobooks while driving to work. Leaders set aside some percentage of their earnings to invest in their learning.

John F. Kennedy once stated, “Leadership and learning are indispensable to each other.”

  • Networking

Great leaders spend their time and energy to build strong relationships with others. They like to connect with like-minded people. They attend seminars, workshops, meetings, conferences, and any other public events not only to build their expertise but to meet new people who share their passion and purpose.

There’s a famous quote, Birds of the same feather flock together.”

 

Read about High Ambition and Purpose Driven Leadership, Goal Setting, and Successful Habits in my book, Think Big.

 

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Bitcoins

Bitcoins

Emerging Technology Trends

What is Bitcoin?

Bitcoin is a virtual currency created in 2009 by an unknown person or group of people with alias Satoshi Nakamoto. The main difference between real money and virtual currency is that virtual currency transactions don’t have any transaction fees. Moreover, they are not subject to bank regulations.

How can I purchase Bitcoins?

A user must install a virtual wallet onto a personal computer or a mobile device to purchase Bitcoins. The wallet keeps track of all Bitcoin transactions for the user. The user then deposits the real money to an account that allows the user to buy or sell Bitcoins. The transactions are like trading stocks through an exchange such as Bitstamp or MtGox. Bitcoins can also be purchased from third parties who deposit Bitcoins directly into the virtual wallet.

Where are my Bitcoins?

Bitcoins are stored in a virtual bank account or a digital wallet, which either exists in the cloud or on user’s computer. Unlike bank accounts, Bitcoin digital wallets are not insured by the FDIC.

What is the identity of a Bitcoin owner?

Bitcoin owners are identified by a string of characters such as a digital address. This digital address is also known as Bitcoin address.

Is your identity linked to your Bitcoin address?

Yes, your identity can be associated with your Bitcoin address. If you post your Bitcoin address and your name online, then your name gets associated with your Bitcoin address on the internet. If you create any content online, for example, post comment on an online forum, create a new blog etc. and provide your Bitcoin address, your personal details get tied to your Bitcoin address. Moreover, if you trade Bitcoins on an exchange or transact with Bitcoin, your personal details that you provide to the exchange or merchants will be associated with your Bitcoin address.

What are the risks from Bitcoin Transactions?

Since Bitcoin transactions don’t record buyer’s and seller’s name or physical location, these transactions can be used to buy or sell illegal products or services anonymously. Law enforcement agencies don’t like the anonymity with Bitcoins.

 

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How to manage estimate inflation?

How to manage estimate inflation?

What is estimate inflation?

Estimate inflation is the term used when team estimates start growing over time. If a product backlog item was earlier estimated as 3 story points and a similar item is now estimated as 5 story points, this is referred to as estimate inflation.

What causes estimate inflation?

Higher management, often, mistakes high velocity as high productivity and put a tremendous pressure on the scrum teams to increase their velocity. In order to achieve a target velocity, the team then starts inflating their story point estimates. This inflation has a ripple effect on other product backlog items that have not yet been estimated. During planning poker, when team estimates a product backlog item, they compare their story to an already inflated story and provide another inflated estimate. 

How to limit estimate inflation?

Mike Cohn recommends comparing the product backlog item being estimated to two or more other items to ensure consistency among estimates. When you compare the item with two or more backlog items during planning poker, the probability to compare against inflated estimates is reduced. 

What are the challenges to this approach? 

Time is the biggest challenge. The development team does not like to spend additional time during planning poker to compare the item against multiple backlog items. 

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Fishbone Diagram

What Is Fishbone Diagram?

Fishbone or Ishikawa diagrams were created in 1968 by Kaoru Ishikawa who was a Japanese Professor at the University of Tokyo and was famous for his inventions for quality management.

The fishbone diagram is a pictorial representation and categorization of possible known causes to a problem, usually gathered during brainstorming. The fishbone diagram is being used across several software and manufacturing organizations as a simple visualization tool to depict various potential causes to a problem. It provides a structured way to organize and represent data in a meaningful manner.

This technique can be used whenever there are many possible causes to a problem or whenever there is a need to identify causes to a complex problem. One can apply the fishbone diagram method in solving day-to-day problems as well. This technique is mostly conducted in a group with people from different fields of expertise. However, this method can also be used by an individual as a tool to structure one’s thoughts and identify root causes.

To learn more about Fishbone Diagram with examples, read my book, An Expert Guide to Problem Solving, available at Amazon.

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