Whenever I stepped onto the football field, I was not consciously thinking beyond the moment. Above all, I was not thinking about winning or losing. In the rest of my football career that followed, in college and in the NFL, I never thought about winning or losing. Not against Texas on September 20, 1958, in […]
Decision Making
Are You a Consensus Leader or Dictator?
It’s a good bet that you’ve been exposed to articles, courses and lectures about various styles of management. You’ve read how each is appropriate for some companies and for some levels of organization and at various times. When should the dictator in you emerge? A consensus-building leader works well in that style until someone yells […]
Real Entrepreneurs Must Make Good Decisions Quickly
Every so often a promising entrepreneur seems to freeze in the oncoming headlights and gets run over by his competition. Why is it that his idea which seemed so fundable only months ago fails to attract investors today? The team is the same. The company’s market is the same. The only change might be a […]
4 Ways to Seriously Stop Your Work Burnout
The overwhelming pace of business and nonstop demands on workers’ time and energy have taken a toll on the productivity and personal health of everyone from the front lines to the C-suites. Research shows nearly one in four employees feel burned out at work, and the psychological and physical problems associated with burn out add up to […]
How to Beat the Odds and Build Big Data Projects That Work
By now, there’s little doubt that small businesses must adopt data-driven strategies to thrive in the modern economy. That imperative has driven many to rush headlong into big data projects, only to see them devour scarce resources and deliver few measurable results. They’re not alone. According to one Gartner analyst, 85% of all big data […]
5 Keys to Relying on Intuition in Business Decisions
With all the progress in analytical tools and big data available, many people feel there is no place in business today for intuition and gut instincts. As an advisor to entrepreneurs for many years, I strongly disagree, and still see the value of at least combining intuition with logical analysis, as we face customers and […]
Everything You Do Adds or Reduces Company Value
Each decision you make to commit resources—your money or your use of corporate or personal time—affects the future value of your business. Minor decisions, such as replacing employees who have left the company or replacing equipment needing updating, are usually considered operational in nature, and unless the business is changing direction, not relevant to this test. […]
How to Use Analytics to Make Informed Decisions
In business, the better decisions that you make the more success you will have. That is why it is vital that you take the right approach. Using advanced analytics, you can improve your decision making and take your company to the next level. Here are the strategies and tactics you need to know: Your Market […]
You Are Watched, Mostly When Decisions Are Tough
If you have been in management or an entrepreneur long enough, you will have experienced the gray area of decision-making where ethics, the law, your needs and expediency all collide. This is the time when you are paid the big bucks, and when others aware of your plight will be watching most carefully. It is […]
Mentors, and Barbara Corcoran’s Surprising Tweet
While on Twitter recently this tweet appeared in my timeline by former real estate magnate, now “Shark” investor on ABC’s Shark Tank, Barbara Corcoran: “Mentors are over-rated. I’ve been a mentor to more than 70 businesses I’ve invested in on Shark Tank, and the most successful listen and then do what they please.” I retweeted along with […]
