We can all fall victim to doing things that we like to do rather than doing things that we should. As you go about your day, and more importantly as you plan the future, it is important to distinguish between …
Years ago, I frequently participated in professionally facilitated strategic planning sessions. I still remember the leader of one session standing up at the beginning and asking everyone to “Be Here Now”. What did he mean by that? Well, it was …
Titles don’t matter to true leaders. True leaders do not lead from their title but rather by their actions. They lead by the decisions they make and how they make them. They lead by including others and by getting broad …
The Random House College Dictionary defines synthesis as a “process of reasoning in which the conclusion is reached directly from given propositions and established or assumed principles.” When communicating (whether in business or your personal life) it is critically important …
I am always amazed at the lack of action I see in companies that are in the midst of crisis. Problems abound and people generally know what they are but everyone seems to tolerate them for some reason or another. …
I know this sounds ridiculous but October seemed to be the month where retailers were determined to drive business away. Maybe it is just me but with third quarter economic growth just 2%, I’d think more businesses would be doing …
Most businesses think that strategic planning is something that only Fortune 500 companies need to worry about. The truth is that all businesses need to think about their strategic direction. While the time devoted to the strategic planning process differs …
Companies are sold for a variety of reasons. The driving issue can be strategic fit, capital needs, succession planning (especially in the case of family held businesses), duration (in the case of private equity firms) or others. Regardless of …
The difference in company performance between one with an effective Board of Directors and one that is not effective can be dramatic. In the short run, it may seem like it is easier to have a lax board but in …
It is important to strongly advocate your position. I don’t suggest arguing just to be argumentative (we all know people who do that). Rather, be a strong advocate for your position and beliefs. This was brought home to me recently …
