Your business didn’t start out with the intent to become lethargic and ultimately irrelevant. It began with an idea that would provide a product or service that is faster, better, cheaper, or friendlier than your competitors. Sometimes that idea was an enhancement of what currently existed in the marketplace. Other [...]
Didn't make it to the Summit? Find out a few of the ideas you missed. Were you there? Here a a few key ideas to remember.
Depending on your preferred quote, the truth will make you miserable, make you mad, and set you free … but not until it is finished with you. I take no comfort in contradicting James Garfield, Aldous Huxley, David Foster Wallace, and especially Jesus. The truth, however, cannot exercise its enormous [...]
Take a moment to answer this question: How do you build and sustain a culture of commitment, accountability, engagement, and results? Did your list contain hiring for fit, coaching and developing people, providing an engaging environment, providing feedback, open communication, creating a sense of community, and offering competitive pay and [...]
Your business will probably not last forever. Fifty percent of start-up businesses fail within the first five years. The average lifespan of a Fortune 500 company is only 40 to 50 years. S&P 500 companies stuck around for an average of 67 years in the 1920’s. Today they last an [...]
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 [...]
Years ago I visited the transportation museum at Fort Eustis, Virginia. There was a wall as you entered that contained campaign battle ribbons dating back to the earliest wars and military conflicts for the United States. The wall inspired a sense of awe once you recognize the sheer scope and [...]
Another month, and another weaker than expected jobs report. So what’s up with the economy? Welcome to the new normal: Unemployment that is higher than anything we can remember in decades. Scores jobs are available due to a lack of skilled workers. Slow growth that feels like a recession even though technically it isn’t, and most of all, uncertainty.
Values – every company hangs them on the wall and distributes them on wallet cards. It is the same for individuals. Ask ten of your friends to list their values, and at least eighty percent will use words like respect, integrity, and honesty. So how important are your values? Will you sacrifice them for the results and outcomes you desire? Are they so important that you would lay down your life – figuratively or literally – to protect them?