Jeff Vogelsang, Managing Partner of Promontory Point Partners, is a turnaround specialist. We heard him speak to a group of CEOs wherein he described the typical interaction between himself and the CEO of a company that requires his turnaround help. Vogelsang said that the CEO will “whine” (his word, not ours) to him that the
We published our first blog on August 4, 2010 and have continuously posted two new blogs per month since then (we did miss one publication date during recovery from knee replacement surgery, but apart from that, our string has been uninterrupted). It appears Covid-19 is about to end that streak. As we look at online
Chris Voss is an author, speaker, and businessman. But prior to that, he was an FBI agent for 24 years, most of that time working as a hostage negotiator. While doing that work, he noticed that the skills needed to negotiate with kidnappers and terrorists weren’t all that different from the skills business people need
There are scholars who study group dynamics . . . that is, they study the way people behave and interact with one another in a group setting. These scholars sometimes talk about a thing called “the Messiah Complex.” This is a phenomenon that takes place when a group must confront a problem that is so
Every organization has a culture. The only question is, has the organization’s culture evolved on its own without any real thought or guidance from the organization’s management? Or has it been carefully crafted and nurtured as a guide for how the organization intends to conduct itself? Most organizations will claim to have a strong corporate
In our previous posting, we talked about the key role you and your management team play in retaining the best and brightest of your employees. We noted that the main reason, by far and away, that people leave their jobs is because they can’t stand working for whoever their boss is. That “boss” could be
The beginning of a new year is a time for reflection. It’s a time to consider what’s working and what’s not . . . what needs to stay the same, what needs to change. If there is one thing we did last year that we could do over again, what would that one thing be?
Hamza Kahn is an award-winning marketer, successful entrepreneur, and keynote speaker. We watched a TED talk of his wherein he talked about Theory X vs. Theory Y. To be honest, we weren’t familiar with either one of these theories. But Theory X, he explained, holds that employees are lazy, can’t be trusted, and dislike work.
You may be (or you are) the smartest guy in the room, but are you smarter than you plus everyone else in the room? Collectively, your employees have more experience than you do, and because they’re immersed in the nitty-gritty details of daily operations, they know things about the business that you don’t. They know
“If you procrastinate when faced with a big difficult problem . . . break the problem into parts, and handle one part at a time.”
Dan Sullivan is the founder of The Strategic Coach, Inc. and the creator of The Strategic Coach Program . . . a program that helps already successful entrepreneurs become even more successful. He is also the author of more than 30 publications including one entitled “WhoNotHow.” In this particular publication, he teaches that procrastination is