Are YOU “Principled?”
Reading Time: < 1 minuteLearning from the experience of others is useful, but it’s important to learn the right lessons. Everyone’s experience is a sample size of one, and it’s important to learn the right lessons from that experience. The founder of one of the world’s most successful hedge funds, Bridgewater, is Ray Dalio. He
Drucker’s Big Five
Reading Time: < 1 minuteIt’s hard to believe that the legendary Peter Drucker’s been gone for over a decade; perhaps it’s the timeliness of his work that keeps him top of mind with so many executives. Many companies will be focusing on their strategic plans during December and it’s easy to get lost in
Your Five Contributions
Reading Time: 2 minutesPeter Drucker once suggested that the most important question executives can ask themselves is “What can I contribute?” As important as the question is, each of should realize that we are capable of several types of contribution; five to be exact according marketing blogger Seth Godin. His brief enumeration and
Warren Buffett’s 50% Rule
Reading Time: < 1 minuteWe think of Warren Buffett’s success as being due to his prowess as a stock picker. You might be surprised to hear the advice that Buffett gave to a group of Columbia Business school students that he predicted would enhance their value in the marketplace by 50%. This one-page article
Linking Business Performance to KPIs – Professionally and Personally
Reading Time: 2 minutesEvery business leader needs to organize a set of KPIs. These KPIs have two purposes: 1) track the progress of business, and 2) motivate the organization to s t r e t c h, and achieve its maximum performance. Where Do You Start? Begin with a few KPIs; five is
“Exactly the Right Words, Exactly the Right Way”
Reading Time: < 1 minuteSpeaking of Presidents…..It’s hard to believe that it’s been thirty years since the Challenger disaster on January 28, 1986, when seven astronauts, including the first teacher in space, Christa McAuliffe, died tragically when the space shuttle exploded minutes after liftoff. That evening, then president Ronald Reagan delivered an unforgettable 4-minute
Are you telling stories to yourself that have no basis in reality?
Reading Time: < 1 minuteOne of the great qualities that make us human is the ability to see patterns in a few data points. The problem is we often convince ourselves that those patterns, especially those that augur good times or bad times, will persist indefinitely. We can learn a valuable lesson from marketing
First Impressions – The Door to Future Realtionships
Reading Time: < 1 minuteLife’s a first impression business; a sad fact and perhaps unfair but there are ways to make it easier. Consider these 25 psychological life hacks that will help you gain an advantage in social situations – these are good reminders for us all. Whether you are just beginning your career or
When Great Processes Create Bad PR
Reading Time: < 1 minuteRalph Waldo Emerson warned us that “Foolish consistencies are the hobgoblins of little minds.” To which most CEOs would say “But good processes create great results.” But what happens when an unanticipated situation presents itself to an unprepared employee? . You train employees in your processes…..do you train them to recognize when the
Pass the Salt, Kiddo
Reading Time: < 1 minuteIn any restaurant or an airplane, it seems like only the older people are actually talking to each other. The kids are buried in their smart phones and tablets. Here’s an insightful and humorous 90 second video in which a father finds an innovative way to get the focus of his sons away