Remember when a phone was just a phone, and the most distracting thing it did was ring? Now, you can't get through a conversation, meal, or project without checking your inbox, retweeting a picture, or responding to a text.
How to motivate employees? According to new research, messages from on high need to be more abstract and less details. And messages from immediate supervisors need to be more concrete. Here's the summary.
Just think of any leading brand and you'll quickly identify what they are really, really bad at doing. Why? Because it is usually the exact opposite of their biggest strength.
If your industry has been shifting or you're uncertain how your company can grow, don't assume you've failed. You may have simply outgrown that industry and need to pursue another, or you may need to change your business model.
If you are in this situation and you have to plan a corporate retreat, you should think about new ways of entertaining your staff. As you well know, happy employees are more productive.
We've touched on the subject of exit strategies here before and one of the most important points in that discussion is that you should have the end in sight even when you're first starting a small business or buying an existing business.
When you first decide to quit your 9 to 5 job and become an entrepreneur, you're going to get a lot of advice sent your way, whether it's solicited or not. One of the biggest pieces of advice that will be sent your way will be a long list of tips on how to be productive.
If Sheryl Sandberg's "Lean In" taught us anything, it's that there's an epidemic of women facing ever-mounting threats to their confidence in the business world.
If a basketball coach stocks his bench with 7-footers, he's not giving his team an advantage. He's leveling the playing field, or the playing court, in this case.
Starting and growing a business is complex and it's impossible for you—the business owner—to know all the answers. The more information, talent, and resources you can access, the greater your chances of success. Advisory boards can help. No matter how small or large your firm is, you can benefit from building an advisory board.