Few people really understand how important taking action is to success. We all know the old saying, Shoulda, Coulda, Woulda, when we see an opportunity slip away. I know I have said, I THOUGHT OF THAT YEARS AGO! about some new gadget I came across. I didn’t take action. I let small problems be excuses for not moving forward with the things I truly want.… Read the rest
I am often asked the same two questions. Do I need a business plan? What should I include in my business plan? I am going to answer these questions when writing this article. Do I require a business plan? For most businesses the answer to this question would be yes. For the majority of new businesses and ones which require investment by way of a loan or a business partner, a business plan is a must.… Read the rest
If you are a small business owner, your role as a leader may be the least of your priorities. Most of your time is consumed by finding customers, supervising employees, watching your cash flow and delivering you services or products. You don’t want to consider leadership because that is what corporate executives and government leaders need to learn about. Not you. We would argue that you are a leader and understanding your leadership role is an important key to success. What are some of the lesson we can learn about leadership in business?… Read the rest
Be the change you want to see occur in the world around you. We can’t make other people be more considerate, helpful, honest, etc., but if everyone were to work on him or herself and develop these attributes, our world would be a better place. In this article, we will examine five attributes to becoming a coach in everyday life.
There are many important steps to consider when developing a business plan for your company, but the first step is to fully understand the main uses of a business-plan. The four main uses of a business-plan are as follows:
A Business Plan is a written document that you can use in your search for external financing.
A Business Plan is a tactical planning and management tool for your business.
A Business Plan is a document showing the capacity of your team to control and manage all the aspects of the company.
A Business Plan brings you new ideas to refine your project by checking and estimating the induced hypothesis.
How Does it Drive Non-Profit Organizational Success?
Having worked with and been a part of a number of non-profit boards of directors, we have observed a range of involvement, producing a wide range of results. Some boards were highly organized and had very little involvement with the day-to-day activities of the organization. Others were more loosely organized but served functional roles, like fund raising, within the non-profit. To better understand the effect boards have on the success of organizations, we joined with Springboard Internationalto conduct interviews the CEOs and Board Chairs. These leaders represented local, regional and national organizations. The complete results of this work is available in a white paper entitled, A Conversation about Board Engagement on our website: http://plangoals.com/offer/.… Read the rest
“Success is … the continual achievement of your own predetermined goals, stabilized by balance, and purified by belief.” – Resource Associates Corporation
In real life many people get stuck in a professional or personal position where goals are defined for them. The result is frustration where no one feels fulfilled and the goals often are never reached.… Read the rest
To achieve a goal, there is a process that you should implement. This process is to streamline and analyze your objectives. Begin at the very beginning at the smallest, specific part. These are the most important steps to take to meet the guidelines. An objective is a way of knowing what action or plan is to be taken and identifying the expected results. This plan provides a set of directions so that making the decision will not be as complicated as when the goal is just being considered.
Peter Drucker documented a book published in 1954 entitled Practiced Management where in MBO, which stands for “Management by Objectives,” was introduced. This is a program that consists of simple, but very useful processes in order to meet commitments in an organization.… Read the rest
In our discussions with business leaders, they often express frustration with the inability of people in their department or company to work together without distracting conflict. They say:
Why don’t they work well together?
Some refuse to even talk to a particular individual.
I don’t understand why people act the way they do.
Why don’t they see things the way I do?
Overcoming these issues is never simple, but the common approach is referred to as team building. This approach is often accompanied by direct types of game planning, where team members participate in a variety of activities. The games are helpful exercises, after which a facilitator helps the group discuss the lessons learned. We have used this technique on several occasions and we find the results interesting.… Read the rest
Our clients are often asking us to find better ways to motivate their staff. They are trying to get them more involved in a new challenge or are considering a financial incentive to spur productivity. They may be trying to encourage new ideas or overcome seemly insurmountable obstacles. Carolyn Dewar and Scott Keller provide us with several ideas in their Harvard Business Review Article, Four Motivation Mistakes Most Managers Make.
You may be a member of a civic club or company which has operated in the same way over a long period of time. You may have observed that your club membership is not growing and maybe even shrinking. In the case of a business, sales are not what they once were. You may feel as though you are trapped and need to make some changes but you sense some resistance. To quote Mac Anderson and Tom Feltenstein, Change is Good… You Go First.
Creating change in any organization is difficult. As that organization grows and becomes more successful, the leadership which made it successful is replaced by management, who intend to maintain that success. That maintenance is the management of the status quo.… Read the rest
Several weeks ago we participated in a weekend retreat sponsored by our local Rotary District. The session is entitled RYLA (Rotary Youth Leadership Awards) and was attended by over ninety high school juniors from across southeastern North Carolina. These students were selected by their high school counselors not only as outstanding students, but leaders in their schools. During several sessions on leadership, we explained the processes that we had implied in the business and military environment, but these presentations seem to fall short of their expectations. These students were the leaders of student organizations and Clubs and were trying to understand why their members were not following their wishes.
There comes a day in the growth of a business or organization where the owner or founder must hire people with the expectation that they will help to contribute to its growth and success. This is true whether the hire will be working in the shop, taking orders at the front counter, writing software, or managing a part of the business. So often the entry of this new employee results in negative results. The manager and the new employee are frustrated and disappointed. With this hiring, comes some new skills which the leader must master to produce the desired results. Let us start with the assumption that the interviewing and selection process was done well and the new employee arrives for their first day on the job.… Read the rest
To be more responsive to customer needs, emphasize customer satisfaction, develop closer relationships with their customers and flatten the management structure, some companies have adopted Customer Teams or Customer Focus Teams. These are cross-functional, customer focused teams that exist to provide customers a one-stop shopping service.… Read the rest
It’s no longer enough to be good, you must be exceptional. It is no longer enough to have satisfied customers, you must seek to develop a loyal and delighted customer base. It’s no longer enough to maintain. You must be aggressive, responsive, and quick. Your challenge is getting everyone on your team or in your department committed and focused on achieving organizational success. As an effective team leader, your role is to build the best, strongest, most productive team possible. Your team or department’s results, or lack thereof, will be in direct proportion to the cohesiveness of your team.… Read the rest
“One day a donkey fell into a well. When the owner discovered what had happened, he frantically searched for ways to rescue the animal, with no success. Regretfully the owner decided that since the donkey was growing old, he should give up the idea of rescuing the animal and simply fill in the well. Hopefully, the donkey’s demise would be quick and painless. The farmer then called his neighbors to help with the task, and soon several men began shoveling dirt into the well. When the donkey realized what was happening, he brayed, and struggled … but finally the noise stopped.… Read the rest
“The very essence of leadership is that you have a vision. You can’t blow an uncertain trumpet.” – Fr. Theodore Heshurgh Former President of The University of Notre Dame
A powerful vision provides inspiration, challenge, and purpose. It gives meaning to your work and purpose to your business. Your business gives you a place where you can satisfy your need to achieve. Everyone’s life needs a purpose, something important to strive for. One way to add both meaning and context to your vision is to establish values. Clearly defined values simplify decision making. They also help ensure consistency as well as ethical and behavioral congruence… Read the rest