The Importance of Failing Forward

Failing forward, or learning from what went wrong, is a critical component of having a successful career and being an effective leader.  Becoming better from your mistakes, rather than spending all your time focusing on covering them up or defending them, is the key here. As a leader, one must strive to develop a growth … Read more

ABC’s of Team Building – S is for Sunk Cost

A sunk cost is one that has already happened and cannot be recouped.  The sunk cost effect can occur when people escalate their commitment to a course of action in which they have made substantial prior investments of time, money, energy, or other resources, even though it clearly isn’t working.  Since people typically want to … Read more

Leadership Blog – X is for X-Ray

An effective leader should be a visionary and possess x-ray vision.  This is challenging in today’s environment so a leader must seek out others to provide suggestions and ideas.  It seems though that there are two types of leaders – one who is a big picture type and the other who is very hands on.  … Read more

Leadership Blog – U is for Upward

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