In past columns I have asked, “Who does the best thinking in your organization?” The purpose of these questions is to focus on two different and yet important types of thinking: Creative thinking that generates new ideas that can be exploited for the growth and prosperity of the business, and analytic or critical thinking to [...]
The New Year always gives us a sense of renewal and focus. It provides us with a time, albeit frenzied, to reflect on what happened last year and what we can do to improve upon our performance, our systems, and our “working on our businesses” as opposed to “working in them.” Many times, when we [...]
As one of the 22 million business owners in the United States, you are likely over 50 years old. According to a 2005 PriceWaterhouseCoopers survey of companies in the $5 million to $150 million of value range, there's a two in three chance that you plan to leave your company in the next 10 years. [...]
We all hear the term “good team leadership” in our day-to-day business activities, but do we really know what the words mean? Do we understand how to develop good team leadership and how to make sure our management teams understand the fundamentals of this crucial business concept? If you think that good team leadership simply [...]