Start-up businesses continue to emerge for many reasons. Individuals laid off from their present jobs have been bitten by the entrepreneurial bug and have decided to start their dream business. Some laid off workers are starting businesses out of necessity since jobs requiring their skill sets are not available. And then there are those who [...]
Continue Reading →“Trust is the essence of leadership.” – Colin Powell Trust is the glue that holds organizations and relationships together. We all know how difficult it is to be in a personal relationship with someone we don’t trust, and it is just as difficult to work for someone we don’t trust. In work relationships, leaders have [...]
Continue Reading →Following is an important formula all managers should consider in day-to-operations, short-term planning, and long-term strategic thinking. The formula goes like this: QD x C x AE = R Quality of the Decision × Commitment to that decision × Ability to effectively Execute the decision = Results Many managers make great decisions. However, if those [...]
Continue Reading →Change in an organization may be recommended or required for many reasons. The organization may need to grow via merger/acquisition, geographic expansion, customer franchise management, new product development, and/or management of new delivery channels. Competitive threats, sagging profits, and/or an increase in overhead may require changes in strategy, structure, and/or systems. Whatever is driving the [...]
Continue Reading →With caps and gowns soon to be donned and eager graduates ready to accept diplomas, we prepare for another wave of Gen Y’ers to enter the workforce. Leaders would be wise to assess company policies and practices, ponder our management paradigms, and ask ourselves if we are creating and fostering an organizational culture in which [...]
Continue Reading →Pardon the metaphor, but a business’ communication system is a lot like a digestive system. Information, like food, is presented, digested, and passed along to support overall organizational health. Leaders present information to their management teams and expect it to be disseminated appropriately so that goals and action plans can be properly executed. But what [...]
Continue Reading →Senior management teams today are focused on keeping the business pipeline full. They are challenged to maintain sufficient cash flow, increase revenue, and keep the organization profitable. In this economy, their focus is understandable and prudent. However, some senior management teams are becoming so involved in day-to-day operations that their actions are having a negative [...]
Continue Reading →Some managers (C Level, middle, and front line) are controlled by personal and management paradigms. These paradigms often do not allow for managers to see the need to adapt, be flexible, and adjust to the changes needed to lead and manage the organization of today and the many generations of employees who make things happen [...]
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