Sometimes the old clichés are valid and it’s time to cut your losses, throw in the towel, pull the plug and call it quits. This may sound negative but it’s actually a positive concept because the goal in business is to constantly improve. Determining when it’s time to end something that was once an important [...]
Continue reading …Trust comes from ownership, and in our workplaces, the degree to which trust each other is the central ingredient for success. A few weeks ago, residents of Fukishima, Japan said they did not trust their leaders to tell them the truth about the amount of radiation their children were being exposed to. And recently the [...]
Continue reading …If you’ve been reading this column regularly, you know we’re big on small business. Small business owners are the backbone of the national economy. As a small business owner, you provide jobs, innovation and leadership. You support your community with retail goods, events to attend, restaurants to savor, and services that help the rest of [...]
Continue reading …The term alignment is receiving increased attention in the business world. CEOs are looking to align their entire organizations. Managers are attempting to align their teams. Change leaders at all levels are attempting to align people behind new strategies and initiatives. So what is alignment? Generally, alignment means that a team, a group, or multiple [...]
Continue reading …If you’re like most of us, your workdays are inundated with meetings — whether with customers, employees, vendors, bankers or professional advisors. It might seem like the last thing you need is another meeting, but are you missing “the most important” meetings? Most meetings take care of day-to-day business, but how often do you meet [...]
Continue reading …Should a federal government agency dictate where a business can and cannot produce goods and services in the U.S.? Of course not. Right? Well, as crazy as it might sound, that’s what the National Labor Relations Board (NLRB) is doing to a leading manufacturer. Doing the bidding of the International Association of Machinists and Aerospace [...]
Continue reading …If you are a leader in a company or organization and have a detailed job description, throw it away. Job descriptions are useful for employees who need to understand the specific aspects of their job and responsibilities. But what person in leadership has ever been able to actually follow a specific list of duties and [...]
Continue reading …Money isn’t a bad thing and you deserve to build wealth through owning your business. You’ve worked long, hard hours, taken financial risk, and made sacrifices that non-business owners don’t have to make. You may have other reasons for owning your company, but making a significant amount of money should be a priority because your [...]
Continue reading …I am often asked to assist people in the evaluation of an entrepreneurial opportunity. A prevailing belief is that entrepreneurs are good at identifying and exploiting market opportunities, as if such opportunities somehow exist with or without the entrepreneur. A related belief is that if one simply improves at recognizing opportunity then one can become [...]
Continue reading …Developments from three places across the nation provide important information about the challenges and opportunities involved in bringing about real change in primary and secondary education. The bad news came out of Sag Harbor, N.Y. It was announced in early May that Stella Maris Regional Catholic School — the oldest Roman Catholic school on Long [...]
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