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The myth about what’s behind the numbers

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Economists and businesspeople alike claim that numbers tell all. You can hide a problem, you can rationalize around it, you can even pretend it isn’t there. By the end of the month or the quarter, the numbers will tell the truth, the whole, truth, and nothing but the truth — unless you cook the books.… Continue Reading The myth about what’s behind the numbers

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The recession isn’t over for a lot of businesses but many others have come through the storm and are still standing. Citing American Express, the Wall Street Journal reported on April 15 that “the nation’s small businesses are now looking to grow, with capital spending and hiring plans up.” On May 4, the WSJ reported… Continue Reading Lessons that the recession should have taught us

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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 Knowing when to call it quits is not an easy call to make

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Trust is key to success

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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 Trust is key to success

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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 Celebrate small business and its future on June 9

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Aim for Energized Alignment

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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 Aim for Energized Alignment

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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 Are you missing all your most important meetings?

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National Labor Relations Board attacks

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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 National Labor Relations Board attacks

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You can throw away your job description

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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 You can throw away your job description

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Finish the game rich

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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 Finish the game rich

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