Are You a Business Owner? Here Are 2 Key Issues to Consider
If you are the owner of a business, there are two issues to consider about your role. 1. The time frame or time span within which you think and plan for the
If you are the owner of a business, there are two issues to consider about your role. 1. The time frame or time span within which you think and plan for the
“Why can't we get on the same page?” Jim asked himself. He ran a tight ship and was proud of his fast-paced culture of getting things done—on time, on task,
In building a business, there are Four Cornerstones that represent the foundation of a successful and sustainable business. To build the business that is right for you, the following elements must
The lowest load-bearing part of a building is usually referred to as the foundation. The foundation of a building determines the kinds of adversities a building can withstand. A business
Many entrepreneurs find it difficult to prepare and present an effective job description. However, if you are clear about the purpose of a role and what you expect of the
When Google’s People Operations team set out to understand how they could build the perfect team. They identified psychological safety as the single most important pattern of high-performing teams. But, what
At this point in the year, we should be slowing down and carving out time to engage in a strategic planning process for the year ahead. This process should involve reflection on
Preparing for potentially disruptive business events is key for any entrepreneur. But while plenty of business owners have emergency plans in place for when marketing tactics go awry or an
A great friend and long time client, Pat Foley is a very effective leader and manger. He has developed a Theory of Management that has become known as Foley’s Law.
Entrepreneurs are doers. One of the strengths of successful entrepreneurs is that they get things done. However, relying solely on our own capabilities is limiting. We only have so much
Large, publicly traded corporations have regulators, as well as their shareholders, to hold them accountable to their performance and compliance. What about smaller firms? Who is ensuring that they engage
“In learning you will teach and in teaching you will learn” Phil Collins, Genesis A number of years ago Sun Life Financial entrusted me with the responsibility of growing the vast
Is a good manager automatically a good leader or vice versa? Definitely not. Yet so many people continue to question the difference between leadership and management. And, many people view
Most entrepreneurs want to grow their businesses from within, particularly if they have strong employees who have been with them from the very beginning. Promoting existing employees who understand the
You can't simply hire people and wait around expecting them to come up with creative business strategies. Sure, finding the right talent is part of the equation, but the next
Today's workforce is demanding more flexibility from their workplace and many companies are opening up to telecommuting as an option to employees. Recently, Wired cited Forrester research from last year
When it comes to hiring the right people, many companies falter. In fact, a recent study conducted by the international consulting firm Deloitte found that 34 percent of business executives indicated their
Complacency will be the downfall of any sales team. Unfortunately, countless organizations fall into the trappings of habit and comfort that eventually result in stagnation. Client demands and preferences generally aren't written in
Fostering clear and open communications with your employees needs to be a core business value. A constructive exchange is just that: a dialogue. But how do you know which questions
Are your clients satisfied with the products and services you provide? Ideally, you should get a consistent "Yes" from all members of your workforce, but all too commonly that simply
As the end of the year draws near, it is very important to reflect on the successes and challenges in your business and how you and your team can learn
Entrepreneurs are problem solvers. They spend their days resolving situations for the public, clients and colleagues. While they may be good at quickly identifying fixes for frequent issues people and other
Making sure all aspects of a company run effectively is a huge part of an business owner's job. However, it's often easy for entrepreneurs to overlook sales team performance, especially
It can be difficult for some entrepreneurs to delegate functions to others - who but themselves knows how to fulfill these responsibilities correctly. However, as I have outlined in my