There are some general business macro topics that affect everything, not just discrete parts of the organization. It could be economic trends, governmental regulation, the stock market, geopolitical realties, or simply looking at your business from a 30,000 foot view. This category deals with big picture issues.
Growth is hard work. For the past 27 years, I’ve worked as an executive coach, Vistage Chair, trainer or management consultant with hundreds of organizations. They have varied in size from just under
I am asked all the time if there is a simple CEO success formula that every leader should follow. I believe there is and unfortunately few leaders have the discipline and commitment to
No matter how far out the tide goes, all waves come crashing back to shore. The same is true with business cycles. We have experienced a particularly good period in business over the
I’ve witnessed a disturbing trend lately amongst many entrepreneurs. They want to work the hours of a successful person without yet attaining actual business success. I think all this talk of work-life balance
Here are a few basic truths abut business to help ensure your success: It all starts with simple math. The formula is pretty straightforward: Revenue – Expenses = Profit. You need to sell
There is a dark side to our competitive nature as individuals that often begrudges the success of others. I’m not sure why this and there are probably many psychological and neurological explanations. What
It’s very important to celebrate your accomplishments! It’s easy to get wrapped up in the day to day aspects of running an organization and forget why you are working so hard in the
Business ownership has never been for the faint of heart. On-going change and adaptability is part of the success equation. Even when things go well there are problems you will have to navigate.
It’s important for everyone to get involved in their community but especially business owners/leaders. No business operates in full isolation from its surroundings. At minimum, you will want a friendly and cooperative relationship
Business is hard enough with encumbering it with seasonality issues. I’ve seen many talented and hard working small business owners struggle under the weight of non-seasonal business volume. It’s hard to staff properly,
Beginning with the basics of writing a business plan, this wide-ranging resource moves on to cover sophisticated topics such as how to navigate the world of venture capital funding and strategies for turning technological innovations into successful marketplace realities. Harvard Business Review on Entrepreneurship offers valuable insights for all types of business pioneers. The Harvard […]
Read moreLegendary cybersecurity expert and New York Times best-selling author Bruce Schneier reveals how using a hacker’s mindset can change how you think about your life and the world. A hack is any means of subverting a system’s rules in unintended ways. The tax code isn’t computer code, but a series of complex formulas. It has vulnerabilities; we […]
Read morePlease click on this link for the Myself and Other More Important Matters Book Summary. One of the world’s most influential living management thinkers, Charles Handy, has year after year been listed alongside business gurus, including Peter Drucker and Tom Peters, in the prestigious Thinkers 50 list. His views on management — and life […]
Read moreManaging a business, or any organization, I came to see, was more practical art than applied science. Yes, there were some useful disciplines, as in any art form, but what worked best could not be wholly determined in advance. Every situation was different. The actors, the motives, the resources, the constraints were never the same.
Read moreI believe that business and nonprofit leaders need to think differently about what constitutes success. Besides the quality of their people, what differentiates most high-performing companies is their vision, focus, and discipline. Culturally, there is a palpable sense that everyone is striving to be on the same page in terms of priorities and what is ultimately important. These organizations understand it is also the synergy of their activities that separates them from the pack, not just the activities themselves. Instead of simply working harder than their competition, they work smarter than them, too.
Read moreThe leadership journey requires you to cogitate constantly on the role you and others should be playing. As you achieve some level of success, your business may challenge your capabilities to lead it. This is okay as long as you do something positive about it. You will need to challenge your own preconceptions about what’s possible and why. Chances are you will outgrow some of your people, which is often sad but should be expected. You will be forced to push yourself to your own limits and find out where you need help….
Read moreBy embracing the principles outlined in these sections, leaders can inspire their teams, drive sustainable success, and create a lasting positive impact within their organizations. The path to success involves not just strategic thinking and sound judgment but also a deep commitment to people and the fundamentals of business management. The journey of leadership is one of continuous learning, adaptation, and growth, where the focus remains on building a strong foundation, fostering a thriving organizational culture, and leading with integrity and purpose.
Read moreBy understanding and addressing the stages of hubris born of success, undisciplined pursuit of more, denial of risk and peril, grasping for salvation, and capitulation to irrelevance or death, companies can avoid decline and achieve long-term success
Read moreThe "Harvard Business Review on Entrepreneurship" provides invaluable insights into the critical questions, strategies, and frameworks that entrepreneurs must consider to succeed. By asking the right questions, finding the optimal growth rate, investing in organizational infrastructure, writing a great business plan, making sensible financing deals, visualizing risk and reward, sourcing innovative ideas, focusing on winning approaches, and planning for financial success, entrepreneurs can navigate the complexities of building and growing a successful business.
Read moreThe U.S. Bureau of Economic Analysis is your source of accurate and objective data about the nation’s economy. What We Do BEA’s economists produce some of the world’s most closely watched statistics, including U.S. gross domestic product, better known as GDP. We do state and local numbers, too, plus foreign trade and investment stats and industry data. Economic Accounts: Descriptions of BEA’s principal programs and […]
View moreThis is a platform that provides valuable insights and analysis specifically tailored for mid-sized businesses. The site covers a wide range of topics, including market trends, investment strategies, industry challenges, and leadership tips, all designed to help business owners and executives in the middle market grow and succeed. It’s a great resource for staying informed […]
View moreKPI.org is an online resource for KPI practitioners sponsored by the Balanced Scorecard Institute (BSI), a Strategy Management Group company. BSI provides consulting, training, and professional certification services to commercial, government, and non-profit organizations worldwide. BSI specializes in helping organizations: Become a high-performance organization Increase focus on strategy and results Improve organizational performance by measuring what matters Align the […]
View moreThis video offers a clear and concise explanation of how the economic machine works, presented by Ray Dalio, founder of Bridgewater Associates. Dalio breaks down the complex workings of the economy into simple, understandable parts, focusing on the key drivers that shape economic cycles. He emphasizes that while the economy may seem mysterious, it operates […]
This video captures a dynamic CEO roundtable discussion, offering a unique glimpse into the minds of successful entrepreneurs from Maryland. Led by Ed Robinson, the panel, featuring founders from diverse sectors like technology, e-commerce, and government contracting, shares invaluable insights on building and scaling businesses. They delve into their personal journeys, highlighting key lessons learned, […]
Based on the search results, when referencing “Pete Scott” in the context of “11 Habits of Successful CEOs,” it’s important to understand his perspective as someone who has analyzed and presented key leadership traits. Here’s a summary that incorporates his viewpoint: Pete Scott, in his analysis of successful CEOs, emphasizes that achieving top-level executive success […]
n today’s fast-changing workplace, retention is one of the biggest challenges businesses face. But what if the answer to keeping top talent isn’t just better pay or perks—but genuine enjoyment at work? Research shows that employees who find joy in their work are 49% less likely to consider leaving their jobs. Yet, too many leaders […]
Read moreEvery business owner will eventually transition out of their company—whether by choice or circumstance. Yet, many entrepreneurs overlook the importance of a well-structured exit strategy, leaving value on the table and risking the future of what they’ve built. In this Middle Market Journal article, discover why having an exit plan is critical for long-term success […]
Read moreThis playbook for founder CEOs on scaling from start-up to standout and beyond borrows lessons from the global B2B software-as-a-service industry. Scaling is no easy feat. Even companies that develop successful products have a greater than 80 percent chance of failure.1 Fast-growth companies face constant growing pains, especially at critical inflection points, and investors attribute 65 percent […]
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