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Leadership Thought #455 – There Is No Business Without Sales

There is no business without sales. It sounds like a pretty easy concept to embrace, but I can’t tell you how often I regularly see leaders focus on everything else but selling. It’s almost as if it is an afterthought as they tinker under the hood trying to build the perfect internal product/service delivery engine. In addition, when it comes to making discretionary investments in sales staff or marketing/advertising activities, they are often “penny wise and pound foolish.” Sure, we would all like to have a business where customers line up to buy from us because of how wonderful we are, however, business just doesn’t work that way. The best product or service almost never wins on those merits alone.

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Leadership Thought #448 – If What You Are Doing Isn’t Working, Then Try Something Else

One of the most frustrating and disheartening things that someone in my position has to deal with are leaders who have a tendency to ignore reality and follow a flawed strategy or other key decision off a cliff. Pride almost always gets in the way as he/she thinks that changing course would represent failure or unnecessary pain. Usually there is a difficult decision that has to be made about people, finances or the current business model (sometimes all three). The inability to make these types of decisions tends to lead to one outcome – failure. A reasonably competent leader may delay the timing but the end result is inevitable.

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Leadership Thought #273 – Why You?

Every business leader should be able to make the case clearly and succinctly why their company is the preferred choice. You won’t always have alot of time to communicate your position. In fact, the more words you use, the less likely your audience will be able to remember your message. I’ve seen many talented executives and business owners stumble on this point. Sometimes the answer to a very simple question gets lost in muddled thinking or a genuine lack of understanding. A critical step in leadership success is to figure out why you should be in business in the first place.

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    Recommended Reading

  • The Slight Edge

    Jeff Olson

    Book SummaryView the Book

    Why is it that some people make dream after dream come true, while others just continue dreaming and spend their lives building dreams for someone else? One simple reason, those that are “successful” have found their SLIGHT EDGE! This book is not just another self-help, motivation tool of methods you must learn in order to […]

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  • How To Be A Leader

    Martin Bjergegaard and Cosmina Popa

    Book SummaryView the Book

    This book is an insightful guide that delves into the essential aspects of leadership. The book emphasizes that leadership is not merely a position but a choice that individuals make in their everyday lives. The authors argue that leadership starts with personal development, self-awareness, and aligning one’s actions with their purpose. The book is divided […]

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  • Leading with Questions: How Leaders Discover Powerful Answers by Knowing How and What to Ask

    Michael J. Marquardt and Bob Tiede

    Book ReviewView the Book

    In this newly revised third edition of Leading with Questions, renowned global leadership consultants Michael Marquardt and Bob Tiede describe how to ask powerful questions that generate short-term and long-term results and success. They show you how effective leaders use questions to encourage participation and teamwork, foster creative thinking, empower others, create relationships with customers, and […]

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    Favorite Articles

  • What are the roles and responsibilities of a CFO?

    For years, the simple answer was that the CFO leads a company’s finance function. But the role has expanded tremendously. Today’s CFO is a key colleague across businesses and functions, and is the CEO’s strategic partner in maximizing value creation. The CFO helps with shaping portfolio strategies, undertaking major investment and financing decisions, and communicating with […]

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  • Chief Financial Officer (CFO) Defined: Role, Responsibilities and Skills

    A chief financial officer (CFO) is the highest-ranking financial professional in an organization and is responsible for the fiscal health of the business. The CFO’s responsibilities include, but aren’t limited to, building a top-notch finance and accounting team, ensuring revenues and expenses stay in balance, overseeing FP&A (financial planning & analysis) functions, making recommendations on mergers and […]

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  • The CFO of the Future

    It has been said that success is where preparation and opportunity meet. Never has there been a more opportune time for CFOs to have an impact, with CEOs increasingly looking to them to help shape business direction and strategy. Once considered a numbers-only role, the CFO is now balancing traditional responsibilities with growing demand for […]

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    Helpful Websites

  • McKinsey & Company – 100 Articles on Generative AI

    Since generative AI (gen AI) burst onto the scene in late 2022, it’s captivated business leaders and society at large. The excitement is well deserved: McKinsey research indicates that gen AI could add the equivalent of $2.6 trillion to $4.4 trillion of value annually—and redefine the way people work and live. Over this period, McKinsey […]

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  • Claude

    Claude.ai is a fascinating AI-powered tool that can help you generate human-like text based on the input you provide. Imagine having a super-smart writing assistant that can help you craft compelling content, summarize long documents, or even create entire articles for you! With its advanced language processing capabilities, Claude.ai can help you: Summarize long documents […]

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  • Groq

    Groq is an artificial intelligence (AI) company that specializes in developing and providing advanced AI-powered search and analytics solutions. Their technology is designed to help organizations quickly and accurately find relevant information within large datasets, making it easier to make informed decisions and drive business outcomes. Benefits: Scalability: Groq’s solutions can handle massive amounts of […]

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    Reading Excerpts

  • A Sense of Urgency – John Kotter

    A Sense of Urgency – Book Excerpt (Click on this link for the Word document)   Chapter 1 – It All Starts With A Sense of Urgency …Go check, then you find people running, and they are stressed out. But this man (leader), and almost everyone else around him, is mistaking the enormous amount of […]

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  • The Truth About Leadership by James M. Kouzes and Barry Z. Posner

    The Truth About Leadership – Book Excerpts   The Truth About Leadership By James M. Kouzes and Barry Z. Posner Book Excerpts   Introduction – The Ten Truths The first truth is that you make a difference. It is the most fundamental truth of all. Before you can lead, you have to believe that you […]

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  • High Performance: Lessons From The Best on Becoming Your Best

    Please click on link to download a copy of this summary   SECTION 1 – HIGH-PERFORMANCE MINDSET  Lesson 1: Take Responsibility He (Albert Badura) speculated that when people don’t believe they have what it takes to complete a task successfully, they would see little point in making an initial effort. When these people did attempt […]

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