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Good Leaders Are Good Learners

Although organizations spend more than $24 billion annually on leadership development, many leaders who have attended leadership programs struggle to implement what they’ve learned. It’s not because the programs are bad but because leadership is best learned from experience. Still, simply being an experienced leader doesn’t elevate a person’s skills. Like most of us, leaders often go through their experiences somewhat mindlessly, accomplishing tasks but learning little about themselves and their impact. Our research on leadership development shows that leaders who are in learning modedevelop stronger leadership skills than their peers. Building on Susan Ashford and Scott DeRue’s mindful engagement experiential learning cycle, we found that leaders who exhibit a growth mindset diligently work through each of the following three phases of the experiential learning cycle. First, leaders set challenging learning goals in the form of “I need to learn how to…” For some leaders, the goal might b…

'Pokémon GO' Hype Bubble Pops For Nintendo's Shares

The hype cycle for Pokémon GO wasn’t going to last forever, and on Monday investors decided it had finally gone to far.
The catalyst was a warning from Nintendo , issued before its official earnings announcement later this week, that the release of its viral, mobile game would have a “minimal” impact on Nintendo’s profits.
Shares of Nintendo dropped 17% by noon in Tokyo, wiping more than $6 billion off the company’s market value. The stock is limited from falling by more than 18%, based on exchange rules in Tokyo.
Nintendo had issued a press release after the market closed on Friday, saying the game’s financial impact on its earnings would be “limited” and that Nintendo would not be lifting its annual forecast.
It comes after Nintendo’s shares have more than doubled in value since the game debuted in the U.S., Australia and New Zealand on July 6, following unprecedented success that sent Pokémon GO to the top of apps store charts.
Despite the fall in shares on Monday, Nintendo’s stock is still 60% higher than its pre-July 7 levels.
Pokémon GO was developed by Niantic, a games developer based in San Francisco, though Nintendo owns 32% ofPokémon GO.
Nintendo added that it had already factored in expected revenues from its Pokémon GO Plus device, a wristband that alerts players of “pocket monsters” they can catch.
Nintendo reports its first-quarter earnings on Wednesday.

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