I have the good fortune of working with over 50 businesses on a regular basis. I get to see the good, the bad and the ugly when it comes to leadership challenges. Here are some observations that I hope you will find useful as you continue to manage through these challenging times.
I have been a Charles Handy fan for many years and find that his work only becomes more prescient and meaningful with time. It’s amazing how he could envision the world we would be doing business in before it happened. His thoughts on life, business, and leadership are timeless. I had my son revisit his […]
“A lighthouse can symbolize various things, such as overcoming challenges and adversity or guidance. It is most commonly used to symbolize a way forward and help in navigating through the world. … The first is of the lighthouse itself, which can symbolize salvation and safety, especially in the face of adversity. – source: reference.com” The simile I like to use with my clients is […]
Today is George Washington’s birthday. There are very few people (and an even a smaller number of Americans) where you can honestly say that their birth ended up changing the course of human history. Not only did he lead the upstart Continental Army to victory against of the most powerful military power in the world at that time, he also walked away from supreme power when he refused to become king of the newly formed United States of America, and voluntarily gave up his position as our first President. I think sometimes we forget how unusual, risky, and selfless these two actions were at the time. You can seriously argue that if George Washington had not existed, the U.S. experiment with democracy would have never had a chance of taking flight and much of modern history could have turned out differently.
Leadership isn’t rocket science. Creating the conditions for business success is actually pretty basic: be clear about where you are going and why; define what success looks like and track performance; make sure all of your key people on the same page; don’t “wing it” when it comes to important decisions; ensure that every single employee knows how they fit in the big picture and what they are supposed to be doing; create a process for providing on-going performance feedback; hold people accountable for results (including yourself); be careful about who you hire and put in supervisory roles; provide extensive training and support; never stop communicating with your customers; and make sure everyone shares in the success of the business but also feels the pinch of nonperformance.
As we wind down another year, I thought it would be useful to share some best practices I have observed over the years by leaders who tend to end every year on a high note:
Terrific book by Jim Collins worth reading by every business leader – How The Mighty Fall I just wish he published more often… Five Stages of Decline: Hubris Born of Success Undisciplined Pursuit of More Denial of Risk and Peril Grasping for Salvation Capitulation to Irreverence or Death “The concept of hubris is defined as […]
Leadership isn’t easy or everyone could do it. Some talented people make it look easy, but we often don’t see all the hard work that goes on behind the scenes to make it look this way. Most leaders struggle at some point and have to learn some difficult lessons along the way. Experience can be the best teacher if you are open to learning. I’ve observed the following 25 ways (in no particular order) that leaders tend to get themselves in trouble:
In business (and life), patience may be a virtue, but passion becomes a prerequisite. Being a small business owner is demanding work especially for founders and growth-oriented leaders. You truly must believe in what you are doing to overcome the many obstacles that inevitably appear on your path along the way. Most people wouldn’t even […]
Mistakes are a part of life. As the saying goes, “sometimes we are our own worst enemy.” I’ve seen many good leaders travel down a “rat trap” of their own making. Often this is done with the best of intentions, but the results usually have nothing to do with the original intention behind them. The […]
There seems to be a dearth of good strong corporate values these days (and basic common sense). While the objective of any business should be to make a good profit, it should also be to build long term sustaining economic value that accurately reflects the risks inherent in their internal and external environments. The best way to navigate these risks is to have a strong sense of who you are and what you will and will not do.