There are no easy exits. There is no reason to think that, after building a successful business with that never-say-die attitude, you can effortlessly detach yourself through a sale or transfer. If you were learning a new skill or sport it would be prudent to take a few lessons. Exit Planning is no different. Have [...]
“What do we have to do today to be ready for an uncertain tomorrow?” Peter Drucker. What’s up with strategic thinking? How important do you think strategic thinking is to the success of your organization? If your answer is that it is one of the most important skills for you, your leadership team and all [...]
Wow, I ran across this question--I am not sure where it came from but I thought it poses the question very nicely. If you believe, as I do, that people are the only real assets of any organization-their drive, focus, commitment and creativity, then it begs the question, what is your organization doing to keep [...]
A study by the Aberdeen group reported some fascinating findings that should lead proactive business leaders to look more deeply at the satisfaction and engagement levels of their employees. The top 20% of the companies in the study improved emoployee satisfaction by 22% and employee performance by 21%. The median companies improved satisfaction by 1.5% [...]
Earlier we had talked about how businesses can benefit from cultivating their own leaders. There is no doubt that much can be said for molding managers from your existing employee pool. Many companies do want to promote from within, fully understanding the benefits of internal growth opportunities, but not all businesses understand how to develop [...]