I am a HUGE proponent of the fail fast mentality. Try something new. If it doesn’t work, cut your losses and move on. “Fail fast," however, it is not an excuse to just try anything.
Read MoreAs I walked my dog (Herbert-pictured above) the other day, started to think about how I would define "no a$$holes." It is a term I have noticed in job descriptions and heard talked about as policy but have never seen clearly defined (which is probably the point but not the subject of this article). I realized that I intuitively understand what I think it means but there is a chance that other people have a completely different view. So, I started pondering some ideas which encompass my definition. What I came up with is below. I guess you could call it an expectation list or employee conduct policy.
Read More"It has to be done this way" and "it has always been done this way" really mean "we've never thought about that before" or "we can't think of another way to do it." Those statements are never the end of the story. They are usually just the beginning...
Read MoreEverything is a learning experience.
Read MoreYou need to keep things moving forward but you have to do it within the scope of YOUR position—not theirs.
Read MoreAs you may have noticed, I strive for efficiency in everything I do. I actually timed how long it takes an “el” train to go clockwise and counterclockwise around the Chicago Loop as to never waste a single minute commuting. So, the idea of packing all of my belongings into boxes is a terrifying proposition.
Read MoreAn event takes regular business problems, adds unpredictable twists, and compresses all of that into just a few intense hours. In many ways, event production is the ultimate test of business knowledge. Think I’m crazy? Stick with me for a moment as I explain further…
Read MoreYou may not be buying a house but the lesson is the same. When plans go awry, the most important thing to do is recognize what is happening, analyze your realistic options, and refocus your energy on the reality of the situation at hand.
Read MoreYour operations manager manages operations because they know operations. Your accountant knows accounting. Your marketing director knows marketing. Would you want the hospital administrator second-guessing your doctor? Probably not. In this same vein, don’t second-guess your team leads. They eat, sleep, and breathe these areas.
Read MoreInnovation is not a dress code. It cannot be dictated, ordered, or forced. It does not occur on demand. Innovation is more akin to a delicate flower. It requires the constant attention of the gardener (leader) to clear the weeds (impediments). It must be given the proper conditions (culture) to grow. Its seeds must be planted gently in the ground (organization). Innovative ideas can be fostered, supervised, and encouraged to take root but cannot be forced to do so.
Read MoreWhile we probably don’t hold the lives of astronauts and the hope of a nation on our shoulders, the leadership demonstrated by Gene Kranz can be an example of what every leader should strive to become.
Read MoreYou don’t need to go full hierarchy but adding a level of middle management will acknowledge the dynamics that are already present and make your organization more efficient. You can hold onto your principles and organizational culture while still providing a framework that adequately specifies delegated decision making throughout the organization.
Read MoreWhat are your strengths? What do you need to work on? What is the next pitch (opportunity) for your business? Will you be ready to knock it out of the park or will you foul it off? Do you know the answers to these questions or are you swinging blindly at whatever the pitcher throws? Competitive strategy is too important to leave to gut feeling, guess work, or good luck.
Read MoreEfficiency is only part of the equation when determining the effectiveness of a process. In fact, I submit, efficiency is the least important part of this equation. The ultimate determination of the effectiveness of a process improvement is how that improvement affects the competitive position of the firm.
Read MoreIf you want to be the next Amazon, Apple, Intel, or Google the first thing you should do is disregard everything Amazon, Apple, Intel, and Uber except the fact that they followed no one. Throw out the mold. Break the barriers. Disregard the benchmarks. Ignore what you have read in every blog including this one. Forge a new path like the successful entrepreneurs before you. You can be the next great success story but only if you blaze your own trail.
Read MoreSimply put, companies evolve or die. If GE had maintained the same product line it started with when the company was known as Edison General Electric (i.e. Edison bulbs and direct current), the company would never have grown to become the multibillion-dollar multinational conglomerate it is now. However, like New Coke and Crystal Clear Pepsi, some changes are just not warranted.
Read MoreSome people are just good at what they do. They have found their niche and that is fantastic. Other people are good at what they do but can do so much more. It is up to you as a leader to find those people, foster their talents, and help them to grow.
Read MoreAs a budget conscious business professional, I love to get a good deal for my company. If I can save $20/month by changing vendors--I’ll do it. No amount is too small. There is, however, one place I will never skimp—people.
Read MorePeople want to know what is expected of them. Failure to apply a consistent standard of delegation will deflate morale and inflate indifference. If your team isn't clear on what they can do, they will do nothing. Inevitably, prolonged exposure to inconsistent delegation will result in an inefficient organization--you will have to make the final decision on everything from which vendor use for coffee to what color ink is in the pens at the front desk.
Read MoreManagement does not equal leadership and leadership does not equal management. These two skills are as disparate as apples and oranges. Managing leaders must strive valiantly to maintain separation between the two and whenever possible, err on the side leadership.
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