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 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 [...]
Sooner or later you will have to choose—do you take an action that is painful, or do you suffer an even worse consequence by doing nothing? In your business, it could be the choice to [...]
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, [...]
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 [...]
Allan was at his wits’ end. The transformation team he was leading was in chaos. Their work was stalled, and their carefully crafted plan was in danger of being obliterated by discord, disagreement, and in [...]
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 [...]
The Five Friends have over 100 years of combined experience as professional speakers. We have seen the good, the bad, and the downright ugly. We share our worst experiences in this video edition of The Five [...]
A note from Randy - Connecting with current and potential customers through social media is an essential aspect for building relationships if you are a solopreneur, entrepreneur, or large organization. Here's a guest post from Kieran [...]
They call them Unicorns—privately held technology companies valued at one billion dollars or more based on a disruptive idea that might … or might not work. Who wouldn’t want to be the Unicorn of their [...]
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 [...]
Ever wondered why and how people who do what I do for a living approach their career? The Five Friends are here to answer that question in this week's video blog. Enjoy! [...]
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 [...]
If you want your business to be better, there are areas that will have to be different. If you want things to be different, you will have to change. For most businesses, the challenge to [...]