How does a leader motivate their team or entire organization to yearn for more by taking on challenges with the idea that all of their efforts will end up with positive results? How does a leader keep others engaged when the initiative has many pieces and will take a long time to complete? To start, … Read more
It is important for an effective leader to be a visionary and possess a form of x-ray vision. This can be very challenging in the work environment that exists in today’s world, so a leader must seek out others to provide suggestions and ideas to them. It seems though that there are two types of … Read more
There are some leaders who always want to win no matter what the consequences are to others. They are very competitive and do not take into consideration how their decisions may affect others. Then there are other leaders who only focus on the needs of others and may ignore their own goals completely. Ideally, a … Read more
There have been numerous articles discussing the compensation of the CEO versus the average worker. A CEO’s pay can be in the millions while a staff member could make in the $50,000s to $70,000s. Some questions arise including, “Is the CEO worth it? And is a staff member who contributes significantly worth more than they … Read more
Companies want increased sales and profitability; in essence they want to “move up.” However, there are times when a leader should deliberately keep the company in a maintenance mode or even retrench. There may be several reasons to do this but a savvy leader will know that to move a company forward, it may be … Read more
In today’s workplace, employees want to have their leaders be transparent. In the old days, the “executive floor” had always been a place where decisions were made and it was assumed everyone would accept these “surprises.” Employees today want to work in an organization where leaders are proactive in sharing what direction the company is … Read more
Sustainability is challenging for most businesses because of several factors – competitors, the economy, and changes in the overall market landscape. A business that has been around for years may now find itself struggling to survive. An interesting article by Mark Perry of The American Enterprise Institute (AEI) analyzes the list of Fortune 500 companies … Read more
Resilient leaders are the ones who can bounce back after being faced with a difficult challenge. These challenges could occur from a downturn in the economy, a defective product, bad customer experiences, or possibly unsustainable profitability. The key to being resilient is to recognize that the situation is most likely temporary and to recognize the … Read more
Elon Musk, CEO of Tesla, was quoted as saying “Patience is a virtue, and I’m learning patience. It’s a tough lesson.” In today’s fast-paced, ever-changing world, it is becoming increasingly difficult to be patient, but the better leaders know that to succeed, you must be patient in most cases. As an example, when introducing a … Read more
Negotiation is a skill that almost everyone uses in their daily lives. For leaders, negotiation is critical to move a business forward and achieve significant profit growth. Negotiations are not only with vendors and customers but also occur internally with employees, regarding promotions, raises, time off, and project assignments. What types of negotiators are there? … Read more