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
Now that the New Year is here, we have to acknowledge that there is and will continue to be a lot of uncertainty in 2023, both in our personal and professional lives. Dynamic leaders need to navigate this fluid environment and not only be resourceful but resilient if they want to succeed. To do this, … Read more
A leader’s mission is to direct and motivate an organization so it can achieve profitability. Although this seems like a simple statement the reality as we know is much more complicated. A leader needs to oversee a maze of issues while staying ahead of their competitors. On top of it, one bad move and it … Read more