Processes and Resource Allocation Challenges

The Challenge Defined: There will quickly come a time when your company outgrows your ability to manage all the important functions on a daily basis. To catch all the problems before they happen. To make all the decisions. How can you ensure…

Limited Capital to Grow

The Challenge Defined: As a new business owner, don’t assume you can “make a go of it” using whatever operating capital you can generate with sales. Don’t plan to open on a shoestring, scrimping on important things like marketing…

Five Barriers to Exceptional Leadership

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Do you have people in your organization who show promise as future leaders? Have you also seen good people sabotage their own growth potential? Mentor them and encourage them – maybe even share these insights from a Harvard Business Review…

Increase Staff Voltage and You’ll Increase Your Bottom Line

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Happy People = Happy Profits. When your people are happy, when they enjoy coming to work every day, when they believe in what they’re doing, when they feel they’re recognized for the value they bring, your company will be more profitable. So,…

Create Dynamic Dialogue, Decrease Conflict in the Workplace

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Conflict. Confrontation. Most of us hate it. We avoid it. We simply hope it goes away. The negative effects of unresolved conflicts include: Decrease in productivity Lack of focus on company objectives Loss of respect for leadership …

Time Management Matrix: Four Quadrants

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Highly effective people don’t really manage time, they manage themselves. Instead of being caught up in things, they plan and execute according to what matters most. I already introduced a Gold Time Management Technique in the past, but it…

What is Your Leadership Team’s Confidence/Caution Ratio?

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There’s a business management principle called the Builder/Protector Ratio that measures the extent to which a company operates with confidence vs. caution. It’s an important analytical tool that allows a leadership team to assess the company’s…

Dreaded Performance Reviews – A New Approach Based on Common Sense

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According to Marcus Buckingham, author of First Break All the Rules, and a more recent White Paper called “Next-Generation Performance Management,” here’s how great managers manage: “They define very clearly the outcomes they want,…

Communicate Your Way to Profit

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Do your employees know how they and their contribution impact your bottom line? Do they understand your business model – how the company is structured and how it makes money? Too many business owners fall prey to these three myths: Employees…

Create Values So Employees Can Envision the Right Attitude

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Don’t go halfway in branding your company’s operating style. Do you have a defined vision? Check. How about a mission statement? Check that box too.   But if you haven’t given your employees a way to translate these high-level ideals…