What if every business leader took this oath? The MBA Oath

I’m very interested in leadership. I’m very interested in the impact leadership has on people and organization (positive and negative). I believe leadership is a stewardship and we are all accountable when placed in a position where we have influence, large or small. I believe leadership is a difference maker and the crux of any sustainable organization.

That’s why I loved the MBA Oath when I came across it recently. It made me pause and think about what our organizations (profit or non-profit) would look like if all the leaders took this oath and lived out these values. It’s all about integrity and accountability, doing the right and wise thing as stewards of the organizations we are responsible for. What if?

Continue Reading…

Two words that will change the way you do business (and make you more profitable)

A couple of years ago I read Tony Hsieh’s book Delivering Happiness: A Path to Profits, Passion, and Purpose. I initially read it because I was enamored with the rise of Zappos.com and the culture he created there. I wanted to hear the back story and see all the ingredients he brought together to build such a successful company. The book was really good, but there was one concept that stood out to me. The concept wasn’t new, but it did simplify what I was thinking down into a formula that’s easy to communicate.

 

Continue Reading…

Startup Tip: What problem are you trying to solve?

What problem are you trying to solve with your startup venture?

I think this is one of the fundamental questions we should ask when venturing out to start something, but a lot of times this is approached backwards. We start to build something because we “assume” it’s a cool idea or because we want to build it, but we don’t invest time up front in figuring out if it’s truly a problem for someone and are the willing to pay for it.

Continue Reading…

Startup Tip: A Great Tool to Capture Your Startup Business Model

What’s your business model?

Either you’ve been asked that question as an entrepreneur or get prepared because that question is coming your way. How do you answer that question? What tools of frameworks do you use to help you formulate your thoughts into an actionable plan you can coherently share with another person?

Continue Reading…

Startup Tip: Why startups fail

Ever seen, heard or been part of a startup that failed? I’m not just talking about a new startup business, but also including in this question the products we’ve worked on within our established companies where there was a level of uncertainty associated with them.

Most of us would answer “yes” to the question above. We lived through the early 2000’s when web products were spinning up everywhere just to see them fizzle out over time. Then there are all those other startups we never hear of. Whether directly or indirectly, we’ve all seen or heard of failed startup. But why do startups fail?

Continue Reading…

Startup Tip: How to approach starting something

A few months ago I engaged in a startup venture and left my job in the corporate world. I’d been thinking about doing this for months and incrementally moving closer and closer to taking the leap, but now was the right time and the right opportunity. Needless to say, it’s been a tremendous learning experience for me and a lot of fun!

Most of my professional experience was in the corporate world, although I was exposed to a lot of opportunities around new products and new markets. So, stepping into building a company from the ground up has been a tremendous learning opportunity for me. I thought my blog would be a great place for me to capture what I’m learning about starting a technology business and maybe he can help one of you take that leap also.

Continue Reading…

PART 2: THE STAGGERING COST OF A BAD HIRE

Yesterday I posted an infographic about the staggering cost of making a bad hire (Click Here). Today I wanted to give you another perspective on the same topic.

Below is an additional infographic about the cost of making bad decisions with hiring talent. Think about your organization and how these numbers apply to the cost you incur when making a bad hire. Continue Reading…

THE STAGGERING COST OF A BAD HIRE

Have you ever sat down and calculated how much it costs you when you make a bad hire?

Acquiring talent is sometimes as much art as it is science, but making a bad decision when hiring someone can be extremely costly – and I’m not just referring to cash.

There are many reasons why companies make bad hires:

  • There is rapid growth and you need to fill open positions quickly
  • There is high turnover and you need to quickly find people to get you back to your normal level of employees
  • There is a special project that would add a lot of value to the organization, but you need to increase capacity in order to do the project without impacting ongoing business
  • You don’t have a good vetting process to identify talent that will add value instead of decreasing value Continue Reading…

HOW TO DRIVE YOUR ORGANIZATION TO MEDIOCRITY

No one wants to work for a mediocre company, at least that’s my assumption. In fact, one of the fastest ways to drive your top talent out of your organization is to allow mediocrity as a leader. If this is true then why do many of us work in mediocre environments and what is the role of the leader in all this?

Jim Collins said, “People are not your most important asset. The right people are.” If that is true, then a significant responsibility of the leader is to make sure the teams we manage are performing at the maximum level and the right people are on the right team. If not, mediocrity will slowly creep in and before you know it you will have drifted far away from the performance level you were hired to deliver and people heading out the door is soon to follow.

Continue Reading…

INFIDELITY IN THE DIGITAL AGE (INFOGRAPHIC)

Ever wonder how the internet has impacted the marriage relationship? If so, take a look at this.

I ran across this infographic earlier this week and was leveled by this data. I could not believe what I read and thought it was worth is to pass it along to all of you and increase awareness about this trend.

Here’s a teaser: “Facebook is being cited in almost 1 in 5 of online divorce petitions lawyers have claimed.” Continue Reading…

Page 1 of 1012345»...Last »