The first time every new leader takes charge, they quickly realize how ill-prepared their education left them. As humorously depicted in the Rodney Dangerfield film, Back To School, running a business ain’t as simple as it might seem. This installment talks about the pitfalls and provides some useful tips.
Wordcount: 844 Time to read: 5 minutes
Nobody knows which ideas will succeed until one does. Success stories are often written off as bad ideas that won’t work by the experts before they’ve been tried or tested. How do you answer the question “How will COVID affect my business?” Read this post and find out!
Wordcount: 578 Time to read: 3 minutes
A business satisfied with its success that stops trying to improve screams “We’re patiently waiting to be overtaken.” and signals the competition to attack. Why would any business do that? Sadly, that’s what most do. When times are good, a business has the time, money, and resources to work on areas of weakness and look for ways to maintain its dominance. That’s when proactive changes should be made, not when times are tough and you have no choice. Put that in your pipe and smoke it.
Wordcount: 428, Time to read: 3 minutes
Wordcount: 543 Time to read: ~3 minutes
If an optimist sees a glass half full…
In business, most choices are clouded in grey while decisions are often reinforced by perspective. Don’t let your perspective obscure others and become your jail. Always be open to different ways of thinking.
Wordcount: 814 Time to read: 4 minutes On New Year’s Day, 2021, CNN Senior Political Analyst John Avlon began a...
Three good bets with a little bit of wonkiness thrown in. Wordcount: 622 Time to read: 3 minutes This July 2020 issue...
Wordcount: 525 Time to read: 3 minutes “Our experiences always teach us something. If the experience is "bad", then...
If anybody has too much time these days, they’re just not paying attention.
Sam Walton once stated that his ability to make good decisions was developed by making bad ones. Many decisions are...
When a business is born, it begins with an idea for a product or service the founders believe will be of value. From...
IEM aims for schools to be measured by how 'employable' graduates are.
The two things that set any business apart from another similar business are staff and input from advisers. A board makes your organization accountable to an external group of knowledgeable businesspeople and will drive you to make better business decisions.