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
Symptoms masquerading as issues are one of the pitfalls of success.
Sam Walton once stated that his ability to make good decisions was developed by making bad ones. Many decisions are...
Delegation is an important activity in every organization, yet I rarely speak with anyone who’s been formally trained....
Graduating from building a business to trusting your staff to run things whilst you oversea is a big step in ensuring you can enjoy your business and your life. Business Advisor Larry Mangelberg offers a How To on achieving just that.
Moving your organization from an entrepreneurial firm toward a more controllable, predictable, professional organization can be a challenge. Manage your business strategically.
As technology limits the need for an office, the self-management model will be the norm, not the exception. Self-management is about pushing authority and responsibility down to the lowest levels of the organization where the people doing the work can impact the work environment in real time.
Changes in business practices can be a real challenge to Managers as they work with their employees to embrace the changes. Staff are often resistant to any change. Look for those who see your vision and embrace it — they will be your champions.
A business can either thrive or struggle based on how you utilize talent. Know how to analyze your employees to best match them with teams and responsibilities within the organization.
You should always assume your level of authority is out of balance with new work responsibilities, be it a situation encountered in a new position or a new project.
Supervisors, managers, directors, vice presidents, and even CEOs need to remember how critical it is to focus on employee performance, reward performance, and encourage morale.
Encountering business success for the first time? Reassessing processes and procedures due to higher volume is critical. You must also cultivate leaders.