Cultivating Boldness
The scarcest resource in a business today is not talent, money, or technical ability, but rather independent thought and the courage to act on it.
No One Has a Five-Year Strategy
No one has a five-year strategy, or even a three-year strategy much less a twenty-year strategic plan. How much do you think Blackberry’s five-year strategy meant the day that Apple announced the iPhone? Business conditions are too unpredictable for most strategic plans to mean anything even beyond six months, and even that might be too […]
Entrepreneurial Spirit of the Employed
A CEO client of mine has been asking his senior executives to be more “entrepreneurial” in their approach to the business, and he is certainly not the first one to do so.
Ownership is Taken, Never Given
A leader can never give anyone ownership of a business initiative or objective. Ownership is always taken, and to take ownership requires the will to do so. A leader can no more give someone ownership than a leader can give someone will.
CSR is No Indulgence
I find it disturbing when business leaders choose to use CSR to compensate for ethically questionable business.
Principles Reign Supreme Over Values
A company I know has a stated value of innovation that it parades out in front employees on a regular basis, but rarely, if ever, do any staff or managers innovate anything—including staff in research and development!
Increase Your Attrition
Many companies are struggling to find the qualified people they need, so they resort to retaining the people they have whether qualified or not. They fight to eliminate or at least reduce rates of attrition when it is increased attrition that can do the business the most good. Retention of the best is all that […]
Forget Recruiting. Poach.
Don’t recruit. Poach. In a tight labor market, there is no percentage in tentativeness. If there is any time to go on the offense, it is now. I don’t know why recruiting firms call what they do a “search.” Who cares about a search? A search is easy, and often consists of little more than […]
Never Presume Attitude
Years ago, I moved to Paris, started a business, and hired a French woman to help me with marketing. Early on, she and I met with a prospective customer, a vice president at a major publishing firm. I spoke and understood French but lacked the confidence to hold a business meeting in French at the […]
Retain Just the Best
You want to retain just the best in your organization. Why? Retention, per se, is no business objective. It is retaining the best that counts, even in the tightest of labor markets.
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