POST CATEGORY : CEO Leadership

What Does a Great Leader need? Time to think!

As a leader, you’re paid (and praised!) for delivering results. It’s all about setting an ambitious plan and then executing it. This requires action. Modern business life is busy and there’s often a barrage of unexpected events you have to deal with. This involves more action. Do you ever have a moment to reflect, to ponder, to think? It’s all very well investing time in action, but if you’re neglecting thinking time, then you’re heading for a fall.

Thinking leader

1. Be more effective

The world is not static. The great plans you make at the beginning of the day, week, month or year will, inevitably, need to be amended over time.…

Continue reading →

Every Company Has Projects to Manage – How Do You Manage Yours?

Every company on the face of the planet has all kinds of different projects to manage and the size of all the projects vary, some are small close knit teams and others are large scale global projects. Here, we are going to talk about project management efficiency and I will also throw out some great tips of my own as I have managed many in the past for a wide range of businesses in different sectors.

Project Management

High Rates Of Failure, More So Than Success

Unfortunately there is a high rate of failure when it comes to completing projects, more so than actual success, this all come down to how the project was managed with a handful of people in the team not pull their weight and keeping up with targets.…

Continue reading →

Tackling the 20 Percent of Revenue You are Losing to Inefficiency

You already know that inefficiencies are bad for business, but do you understand how bad? Every year, many organizations lose 20 to 30 percent in revenue due to inefficiencies. That’s some serious cash that could be going back into developing your business.

Catching money

If that’s news to you, you probably haven’t prioritized the best strategy for increasing efficiency: Documenting your processes. The thought of getting your processes in writing may sound tedious, but once you start doing it, the thrill of saving so much time and money will make you want to keep improving.

The Far-Reaching Impact of Efficiency

When given the same task, 12 different people will do it 12 different ways.…

Continue reading →

Self-Awareness: The Key to Better Educational Leadership

An effective leader exhibits a number of features that motivate people to follow them. Honesty, charisma, confidence, know-how, a willingness to take risks — the qualities of a better leader are myriad and diverse. One of the most important characteristics in an effective leader is also one you can further develop with a bit of effort and reflection: self-awareness.

Self-awareness

Whether you’ve been leading an organization for years or you’re embarking on a path to become a better leader, self-awareness is an essential part of educational leadership success. Knowing your desires, feelings, strengths, weaknesses and motivations will not just help you reach your goals, it will keep you firmly in control of yourself through good times and bad.…

Continue reading →

Using the 3P’s (People, Process, Product) to Make Your Business Successful

I’m sure many of you have heard this standard uttered lately by billionaire entrepreneur, Marcus Lemonis of NBC’s “The Profit”.

Perhaps you mistakenly think he coined the phrase?

Mr. Lemonis is definitely someone to be admired, and he’s successfully used this event-driven business management tool better than most. He defines a good investment as one that has at least two of the three P’s covered.

3P for business success

The truth is, the methodology itself has been around for a long time now. It exists in every successful business, industry, niche, system, etc. Any successful business owner can likely identify this process in their own business, even if they’ve never put their management practises into this context.…

Continue reading →

Scams (Old and New) That Target Small Business Owners

Just because your a small business owner doesn’t make you safe from money-hungry scammers looking to separate you from your hard-earned cash. As technology improves, scams become more elaborate.

Following, you’ll find some of the most popular scams – those which seem simple on the surface, yet still dupe thousands of unsuspecting businesses each year.

scammer

Directory Scams

Criminals know how badly you want to increase/maintain your marketing reach, so they use the good ol directory scam.

They might call, fax, email or otherwise solicit you indicating that it’s time to get your business listed in the back of the local phone book, or an applicable business directory of some sort.…

Continue reading →

Grow Your Business by Sticking to Your Guns

Every small business owner wants to make money. In fact, revenue is the very definition of being in business. But is there such a thing as an overreliance on revenue to drive your business?

Definitely – and it could be damaging your company.

Focus on profits

Successful entrepreneurs need a deeper meaning attached to the growth of their business. Are you trying to save the world? Are you trying to provide the best service or product in your industry? If you’ve already found this deeper mission, then you can afford to focus on revenue. But if your goal is simply to make as much money as possible, you may be out of business sooner than you think.…

Continue reading →

6 Ways to Build Your Company’s Online Credibility

Businesses are paying more attention to their social media presence. According to Fast Company, 93 percent of marketers say they’re using social media as part of an overall marketing strategy. Good relationships on social media take an almost geological timeframe to develop, but when things go wrong online, the message spreads like wildfire.

Business credibility

Enrolling in a graduate program that teaches strategic communications from a modern perspective can help you survive and thrive on social networks; click here to review some FAQs and learn how good schools equip tomorrow’s PR professionals. Social media success is about more than putting the right content on the right channels.…

Continue reading →

How to Build a Business That Can Flourish Without You

“We don’t need you anymore.”

These five words can be a stinging rebuke if they come from a loved one, but if they come from those in the business you’ve founded, they can be golden!

Whether to spend time on other endeavors, for an exit strategy, or simply to maximize growth, building a company that can flourish without you is a fundamental business practice.

You have to delegate some authority!

Creating ‘walk away’ wealth

Creating real “walk away” wealth is a prime reason to build a business that can thrive without you. It also prevents succession problems.

Many successful family businesses go bankrupt as soon as they are passed from one generation to the next or internecine strife tears the family apart when it’s time to make difficult succession decisions.…

Continue reading →

7 Employees You Should Fire Now

The key to your growth and success as a corporation has one engraving on it. No, it’s not sales. It’s not marketing and advertising. It’s not even information technology, although that maintains efficiency on a high level. It’s this: workforce.

Your employees matter the most. Consequently, the right employees matter even more, if that is possible. I’d wager to say that in the corporate world, the right employees are first and foremost the highest priority! Sadly, though, it seems that entrepreneurs, budding CEOs and managers out there have a problem, in that they have a hard time spotting the right ones, only going for the wrong ones.…

Continue reading →