Posts Tagged ‘Leadership’
6 Tips on Effective Decision Making in Business
Cognitive biases affect every decision we make. In the world of business people need to make important choices every day. These choices must be made without delay and have broad consequences. How can we make sure that our choices remain rational and objective and free from our potential cognitive biases? As it turns out, there…
Read MoreHow to Get Your Team on Board with Change
Sometimes, you need to shake up the day-to-day operations of your business. Settings and maintaining goals needs to happen frequently in your business, since you need to adapt to market conditions. This all means you need to get your team ready to accept change. It can be difficult to get your team on board, especially…
Read MoreHow to Keep a Savvy Millennial Team Happy & Engaged
Opinions continue to fly about the nature of millennials. People argue over what they care about, how they view the world, and whether they’re entitled layabouts or driven idealists. In reality, of course, there are very few meaningful character generalizations to be made about them (or any other generation)—but that doesn’t mean there aren’t some major commonalities that…
Read MoreFaster is Sometimes More Valuable Than Better
This is one of those arguable insights, where both sides win. Dell is a great example of emphasis upon fast, creating a customized computer in 48 hours or less, bringing in assemblies and components just-in-time to make the assembly line. However, if Dell quality were poor and returns high, the company surely would not have…
Read MoreConscious Capitalism Drives Winning Businesses Today
I’ve noticed that most young entrepreneurs are more socially conscious today than ever before, which is a great trend. Unfortunately, some are so focused on this principle that they forget that every business, even nonprofits, have to practice the basic principles of capitalism (build a business model to make money) to cover their costs to do good…
Read More5 Tips for Successfully Managing Distributed Teams
Everyone knows that it’s best (and easiest!) to have a project team sitting cozily in one office or even one room. My firm belief, however, is that a globally dispersed team can achieve the same results as a project team sitting in a single office. The only difference? With the distributed team, achieving those results…
Read More4 Project Management Tips for Beginners
Whether you’re running your own business or managing a department for your employer, there will likely be times when you need to supervise projects. If you’re just starting your career or are new to being in a management position and don’t have a whole lot of training behind you in project management, this role can…
Read MoreAre You the Bottleneck in Your Organization?
At many board meetings, I can be counted upon to ask, “Where’s the bottleneck this month?” Senior management is usually prepared with an answer, and a good discussion of resource availability and application follows. Sometimes, the bottleneck is not so visible to the CEO. In those instances, I follow with: “Do you notice people waiting…
Read MoreThese 5 Elements Measure Your Real Power as a Business Leader
How does a small business owner increase his or her power? If you believe as some do that power is all about title, position, authority, control, and supremacy, you’ll be hard-pressed for an answer. Leaders in small businesses can give themselves any title or position they want. They have complete authority to do whatever they…
Read More4 Simple Ways to Develop Leadership in Your Team
As a small business owner, you have made your dream a reality. Part of that dream is finding the right team to help run your business. There’s a lot of value in being a mentor for your employees, and if you follow these tips, you’ll be able to foster a culture of excellence within your…
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