Rapid, radical technology advances have always disrupted the status quo and created a generation of marketplace winners and losers. In 1860, there were probably Pony Express riders who sat around after a long day’s ride [...]
What companies are getting it wrong today? More important, what can you learn from them? The Five Friends share their ideas.
Are you thinking of throwing out your company’s performance appraisal? A lot of companies are including GE, Accenture, Netflix, and Adobe. It is easy to understand why. Annual appraisals feel antiquated in a world where [...]
Want to understand the latest trends that will affect your business? The Five Friends share their ideas.
You can’t influence – much less control – many of the variables that will affect your future. There is one, however, that is totally within your control. Your mindset, the perspective and thinking through which [...]
You’ve heard it for years—a clear, compelling, and shared purpose is the driving force for building and sustaining a high-performing organization. It provides the “why” that serves as the North Star guiding every action and [...]
Engaged employees lead to increased profits, increased customer satisfaction and loyalty, fewer safety incidents, and lower turnover. The Five Friends share ideas on how you and your organization can earn the discretionary effort and commitment [...]
Compelling vision and core values defined? Check. Communication and alignment sessions with everyone? Check. Updated hiring and on-boarding processes to determine fit and ensure that new hires are on-board with your culture? Yep … you [...]
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. [...]
My father had a problem. He was the shop manager for the International Harvester tractor and truck dealership in the small town where I grew up, and his staff was upset about their pay. There [...]
Don Draper, the fictional advertising guru on the television show “Mad Men” said, “Change is neither good nor bad. It simply is.” Good luck convincing your team, customers, or vendors of that. Leaders want the [...]
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 [...]
There is always one. Often there are several. You know…the ones who resist every change. If you are lucky, they adopt a neutral wait and see position. More likely, they find the most inconvenient time [...]
Have you ever head an idea and immediately thought, “That is brilliant!” It recently happened to me as I was emceeing an awards event for entrepreneurs and small business owners. The award was Entrepreneur of [...]