There has never been a time when the need for leaders to pursue positive change has been more crucial than it is today. That’s not to say that change has never been important in the past. Every age presents unique opportunities wrapped in a package of seemingly insurmountable problems. Imagine [...]
Being in any type of business today can feel like standing in the path of an on-coming tornado. The fear of being devoured by the unrelenting wind is real. You think your only hope is to take the first shelter you can find, grab something sturdy, and hang on. Years [...]
Committed, engaged employees are the lifeblood of every organization. The Five Friends share insights on the one thing that leaders must make sure to communicate.
Taxi companies have been knocked down by ride sharing companies wielding technology and ease that customers adore. To paraphrase Mark Twain, however, the death of taxi cabs and taxi companies has been greatly exaggerated. Across the United States, taxi companies are doing their best Rocky Balboa impersonations and getting up [...]
The Five Friends weigh in with lessons that every entrepreneur should never forget. These lessons apply if you own a business, run a business, or manage a team within a business.
Sooner or later, your business will probably die. The statistics for a start-up business are well known—50 percent fail within the first five years. Even the biggest companies are not immune from eventual obsolescence, however. The average life span of a Fortune 500 company is only 40 to 50 years. [...]
The scariest change and potential disruption on the horizon is the one that you never see coming. The most effective leaders and organizations minimize the potential for chaos by operating in a positive state of perpetual awareness and apprehension. The least effective act as if they are afraid. Which one [...]
Intelligent machines replacing humans in the workplace is no longer science fiction. Research from McKinsey & Company reports that as much as 45 percent of the individual work activities can be accomplished with artificial intelligence, advanced robotics, and computer automation that is available today. The agriculture industry is being transformed [...]
This message has been around for years: Speed is essential to flourish in a world where past success only ensures that you used to be relevant. Your organization needs to be faster to market, quicker to respond to change, and more resilient when overcoming missteps. So why do so many [...]
Why you? Why now? What makes you relevant? Options are everywhere and being good is the minimum expectation. Why should I pay attention to you rather than hit the “Next” button? Unfortunately, most people give the wrong answers. Your company’s products, service offerings, work processes, and compensation plans are not [...]