Founding a successful startup is a task that can easily overwhelm—unless the entrepreneur has built an excellent support team. If you think you can go-it-alone, you are sadly mistaken.
Business results are the ultimate outcome. If you set your goal to develop engaged employees who create loyal customers, then your organization will be resistant to competitive pressures and deliver stronger business results, more efficiently.
Encouraging independent thinking among your team members will generate new ideas and give everyone a stake in your business’s success. To make it happen, you must be willing to listen and engage with everyone, taking advantage of the different experiences and perspectives of your team members.
Getting a diverse group of individuals to join forces and cooperate as a team can be a real challenge. If your crew members would rather sail solo than share the effort, you may need a little help to inspire them to work together.
The impact of trust on the economy can be witnessed at the corporate level. Bear Stearns, AIG, and Lehman Brothers were at one time considered trust-based businesses. Each of these companies relied on the trust of the market to establish the firm's value.
I may be a bit old-fashioned, but I have always looked at a business first for its potential ability to be self-sustaining, and provide...
Do you know what your business stands for? Do your team members? Do your customers? A great corporate culture is an important contributor to a business’s success, and documenting your philosophy is a foundational step. Then you need to communicate it to everyone and make sure you uphold it.
All entrepreneurs, at some point in their career, will ask this question: What is the secret to longevity in my industry? Many business professionals think...
Building an organization culture that is based on trust and collaboration starts with leadership. You need to follow through with what you say and be accountable for your actions—or your team will lose faith in your word and ability to be an effective leader.
You'd be surprised by how many employees do not want to attend their office parties. When planning the company party, you'll have to think...