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Indeed, executives often see themselves as industry or functional domain expertswhether in tech, health sciences, finance, or as an engineer, designer, or head of operations. The bottom line: exercise is an important practice for effective leadership. They Eat Right Dont forget about nutrition.
Management teams are always looking at the bottom linealways. Lets do the math Im not saying this to scare youIm saying it to wake you up. Over the years, youve moved up, earned those raises and promotions, and you deserve every penny. Surprises can be turned into opportunities when youve got options lined up.
And if those dominant companies fail to adopt new technology or improved business models, and continue to pursue strategies that perpetuate what has historically helped them succeed, they may find their once profitable business declining. GLOBAL CONSULTING & DISRUPTIVE INNOVATION.
Bottom line…Just because a business has a particular advantage doesn’t mean that it can disregard sound business logic. Get outside of your old thought patterns and seek out people, technology, collaborative relationships, process and any other solutions that can improve your business. Thanks again for the comment Mark.
The achievement of current goals and objectives free up the time & create the resources to move on to bigger and better things…Trying to do too many things at once will impede progress, dilute effort & energy, add to chaos and lead to burn-out. Bottom line…success equals focus. I Think Not.
These companies have placed themselves far behind the technology curve because tenured managers hire employees with obsolete skill sets and together they create mediocre solutions. The bottom line is this…as an employer you need to possess an extreme bias toward performance.
Bottom line…if you have high employee turnover (see “ Cutting Employee Churn “), a fractured corporate culture, a lack of leadership development and mentoring programs, regressive compensation programs, and a lack of C-level focus on talent then talent cannot be your biggest asset. I Think Not.
Bottom line…the way you identify leaders is not through psychological profiling or some miraculous transformative process. We must slow down the technology speed and its consequences. They're the ones on behalf of the team who step up and do a faceplant with an oncoming tomato. Thanks, Sami impassioned Hi Mike.
They were the born leaders we all grew up with. I meant this post to be more of a thinking exercise than a choosing-up sides and fighting till the bitter end drill. They were your class presidents, team captains, club leaders, and the people who held virtually all the available leadership positions you can imagine early in life.
It’s also important to understand that a toxic culture cannot exist if toxic people are not allowed to take up residence. Bottom line - toxic individuals kill productivity, and if allowed to run unchecked can have a much broader and deeper impact on an organization than one might think. I Think Not.
As I’ve said many times before, things don’t always have to boil down to either/or types of decisions – not everything must end-up on the altar of sacrificial decisioning. Bottom line…check your motivations. With the proper perspective and focus it is quite possible to be both efficient and effective. Effective (N2Growth) [.]
Bottom line…personal responsibility and accountability have always been the ultimate leadership “hot potato&# in that everyone wants to be in charge, but few are willing to take ownership of the never-ending obligations that go along with the privilege of leadership. What say you??? 2 Tweets Who’s In Charge?
The second trend is technology’s recognition of the first trend. First is the time pressure for our attention. People simply don’t have the time to listen to, or read, unnecessarily long forms of communication. Emails, voicemails, instant messages, text messages, blogs, Tweets, Facebook updates, etc., I Think Not.
Lost Ancillary Revenue : On average, a single account is good for a 30 -40% cross-sell and up-sell revenue increase over time as new products, services, joint ventures etc. Over a 10 year period of time, assuming only 2 annual referrals, without any cross-sell or up-sell value being added-in, you just lost another $200,000 dollars.
As the old saying goes “you only get one chance to make a first impression,&# and often times it is the perception of appearance that determines whether or not you are even afforded the opportunity to get up to bat. The truth is most people when first meeting someone will quickly attempt to size them up. Clogston Hi, Mike.
Also, a common response is to confuse a sales engine, fulfillment process, operational process, technology platform, or any number of other areas as business models, where this is not the case. The bottom line in regard to today’s thoughts on business modeling can be summed up in the following three points: 1.)
That said, I have little use for social networking junkies who collect friends/followers/contacts just for the sake of watching the numbers go up, while adding little or no value to their network. We have all been the victim of somebody's saved up tweets-all blasting out at one time. And then the cynic in me emerges.
The bottom line is that I really like him, I just wished he had more new material to share. Leaders get too caught up in trivial things and don’t pay enough attention to leadership development. Up next was Calos Brito, CEO of Anheuser-Busch InBev. Social Media is not about technology – it’s about communication.
How many times have you put up with, or overlooked certain weaknesses in people because of their considerable strengths in other areas? The sad thing is they don’t just exist on the golf course… My bottom line is this…real leaders don’t accept mediocrity - they constantly seek improvement. Know the type?
With the continued rapid development of technology taking the concept of globalization and turning it into hard reality facing businesses of all sizes, it is time for executives and entrepreneurs to examine their current business models from a disruptive perspective. Keep up the good work Mark [link] mikemyatt Brilliant commentary Mark.
A person could either take several minutes to explain the evolution of technologies, mediums, shift in content paradigms, engagement practices and market dynamics that came together to make the Internet a more valuable and efficient space, or they could just utilize &# social media&# as a descriptive aid to make the connection. I Think Not.
No is not all it’s cracked-up to be…Still don’t believe me? It means your vision is not understood, your team is not aligned and your talent is not performing up to par. Bottom line…Yes is not a sign of weakness – it’s a sign of intelligent leadership. It is you who have made assumptions.
Bottom line…Don’t manipulate for personal gain, rather facilitate for mutual benefit. It's sad that many potential leaders look past this and end up frustrated when they can't get people to act, little do they know they haven't developed trust. Thanks for stopping by David. link] Charles Hey Mike, you hit it right on.
Bottom-Line… [link] Dr Sarah Morris Great post! Ramzi I think arrogance is a sign of lack of self esteem. Often I find my executive coaching clients shy away from confidence because they fear that it equates to arrogance – and, understandably, don't want to be seen in that way! I Think Not.
Bottom line – If you’re a leader then you need to watch this interview. We are living in a new era of technology and understanding and Pete has his finger on the pulse of how to relate/reach individuals. His leadership is remarkable! Pete has put real life circumstances into his teachings that relate to Biblical teachings.
In that follow-up zoom call, I try to be as helpful as possible in sharing any data I’ve collected from pre-event surveys or attendee interviews I use to prepare for their event. And your conference’s impact will extend well beyond their session.
Bottom line…unproven leaders come with a high risk premium. Bottom line – leaders who build a static business doom themselves to failure. Someone who has consistently experienced success in leadership roles has a much better chance of success than someone who has not. I Think Not.
Usually sponsors have more senior positions than mentors, and it is their responsibility to advocate for an individual and pull them up the ranks to a top level position in the company. Here’s the bottom line: you need to take control of your career. Mentoring is defined as career advice and guidance and sponsorship is advocacy.
From my perspective, the issues surrounding conflict resolution can be best summed-up in three words…&# Deal With It. &# While you can try and avoid conflict (bad idea), you cannot escape conflict…The fact of the matter is that conflict in the workplace is unavoidable. Keep it up. Thanks for sharing Elliot.
The secret to ticking all of these boxes and optimizing the potential for business growth lies in investing in the right technology. So, what type of technology is necessary to ensure that financial administration is properly taken care of from month to month? Good examples of marketing software and technology include: Analytics.
While many people immediately conjure-up an image of the ever so tough, bombastic extrovert without an ounce of compassion as the picture of what constitutes a real leader, nothing could be further from the truth. Of the legions of not so great leaders you’ve encountered over the years, how many of them were absent of these qualities?
My advice to you is not to let your business get caught up in embracing random ideas – at least not without some initial analysis being conducted to determine the likelihood of success. Contingency : Nothing is without risk, and when you think something is without risk, that is when you’re most likely to end-up in trouble.
You should know from the outset that I fundamentally disagree with the concept of CEO term limits, and quite frankly I cannot really come up with a valid reason for supporting such a regressive concept. Then follow-up your great hiring decision by providing the CEO with the tools and resources necessary to get the job done.
If conflict does flare up, you will likely minimize its severity by dealing with it quickly. Bottom line…If you can’t avoid the crazies there is still hope…I sincerely believe productive working relationships can be formed with even the most difficult people where there is a sincere desire/need to do so. I Think Not.
I believe that it can actually be both, but that decision lies solely with the employer, and is not really up to the employee no matter how much they might feel it is. Is a year-end bonus a right of entitlement or a privilege to be earned? The structures of corporate bonuses are as varied as there are numbers of entities. Happy Holidays.
The bottom line is this…Bleeding is not a healthy thing. Current or anticipated changes in market conditions that will adversely impact your business model. Obsolescence of intellectual property, products, services, solutions, or competitive value propositions. I Think Not. mikemyatt: RT thx @ArtieDavis @MarkOOakes @words4warrio.
So now you’ve cut costs and freed up some cash. New vacuum-packing technology drove sales and coffee-roasting advancements cut costs by 15%. Half of that cost savings went to the consumer – the other half went to our bottom line. While they played catch-up, we were already working on the next innovation. And guess what?
The premise of his piece is that the landscape of the Blogosphere is changing radically, and that as such many “A-Listers” have either quit, or are contemplating giving-up their blogging endeavors. The bottom line is that the numbers do in fact speak for themselves. Blogging is much more than the latest trend and is here to stay.
After all, women have traditionally been seen as the mainstay volunteer core for many charities, so it makes sense that while many may not have the free time to give to causes, perhaps they are making up for it with funding. Because as is the case so often – it’s all about the power of the bottom line. What do you think?
The answer is that you’ll have reached the point where your interactions with others consistently use the following 10 principles: Speak not with a forked tongue : In most cases people just won’t open up those they don’t trust. Open dialogs with those that confront you, challenge you, stretch you, and develop you.
If you’re still asking these questions WAKE-UP – get your head out of the sand, and stop broadcasting your ignorance. I would strongly suggest reading two previous posts: “ Shut-up and Listen &# and “ Stop Selling and Add Value “ as support for these positions.
While individual leadership approaches will be as different as night and day, and some will clearly be more effective than others, there is something to be learned from them all…There are leaders that we look up to by virtue of their street-smarts, wisdom, and experience; or by virtue of their expertise and contribution to a given field.
Scaling up your business will improve efficiency, boost productivity, and increase your bottom line. You may need to hire new staff, purchase technology and equipment for your business, or invest in your marketing campaigns to achieve growth. Take a look at this article by Fundbox for 10 different business financing options.
I can sum-up my feeling on this in one word… ridiculous. Bottom Line : Show me any team created of equals and I’ll show you a team that will never reach its full potential… What say you? So maybe the voice of the person with IT gifts comes through in e-mails or other means rather than taking up meeting time.
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