Leaders Need To Make The Necessary Sometimes Difficult Business Decisions
As a business owner, you’ve likely heard the saying, “The buck stops here.” This phrase, popularized by President Harry S. Truman, encapsulates the fundamental essence of business leadership – the responsibility to make the tough calls. However, this responsibility goes far beyond your immediate team or your traditional products and services. It reaches out […]
How To Select The Right Opportunities for Your Business
In business, there are often no shortage of opportunities for a leadership team to consider. With so many options, it can be difficult to determine which are worth pursuing. When considering a business opportunity, it is important to take a step back and ask yourself if this opportunity makes sense for your company. But how […]
Leadership Thought #432 – It’s Your Business Sandbox – Manage It Carefully
When you own your business it is your sandbox. You get to decide who plays in it and what happens inside. Just remember that these decisions also have consequences. As an advisor to my clients, my role is to get them to appreciate this fact. I’ve often watched people make decisions that I don’t agree with. Sometimes I am right and sometimes I am wrong about what happens next. My track record is usually pretty good but far from perfect. I just want to make sure that these decisions are somewhat informed and well thought out. I am fine with being pleasantly surprised by good results that I didn’t foresee or anticipate. I learn from these situations as well – never underestimate the resolve and creativity of a committed leader. Most importantly, I strive to ensure that these decisions are aligned with the outcomes the client is aspiring to achieve. Success can be defined in many different ways and unless there is a moral or ethical component, it is not my role to judge.