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 did that, too. So why is the culture you want for your organization struggling to [...]
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. [...]
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 was no Human Resources department in those days, and today’s HR professionals would never allow [...]
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 change they introduce to be universally accepted based on the inherent trust that others have [...]
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 [...]
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 to raise a question or make a comment that disrupts your plans. You might write [...]
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 the Year, and the winner was Brenda Stoner and her team at PICKUP™. What caught [...]
Are you afraid of being Uberized? You should be. Uber, Airbnb, and Lyft aren’t just the poster children for the Sharing Economy; they represent the continuation of a truth that is as old as civilization: someone is actively thinking about how to leverage technology to disrupt your industry. This isn’t [...]
The Five Friends share the companies with which they love doing business. Find out what keeps them coming back again and again ... and what your business can learn from their experience.