There’s a popular business analysis tool known as S.W.O.T. It provides a method for looking at strengths, weaknesses, opportunities, and threats. SWOT reviews are done for business issues of all kinds like competition, market position, product design, sales, and technology. As applied to a business, you can see the merit of doing this review periodically. […]
Businesses need to set goals and track progress to ensure success. However, there are different metrics that companies use to measure their performance. Two popular methodologies are KPIs (Key Performance Indicators) and OKRs (Objectives and Key Results). While they both provide insights into a company’s progress and they sound very similar to one another, they […]
Have you read Billy J. Ryan’s “Fix Your Why” and you want to make your company the best it can be? By aligning goals for your business with an established business strategy, setting goals helps keep everyone on your team focused on the big picture while encouraging smart decision-making among employees during daily operations. 1. […]
Want to start a business or transition out of a business? With Over $ 7 TRILLION in small business wealth created and owned by the Boomer generation, there is a huge transfer happening. As Boomers decide to cash out, those businesses will be up for sale or transfer. Younger generations won’t have to struggle as […]
Operating outside of your comfort zone is like stepping into uncharted territory. It requires taking risks, facing uncertainty, and pushing yourself beyond your limits. While it may seem daunting, operating out of your comfort zone can lead to personal growth, new opportunities, and a sense of achievement. We all face moments in our lives when […]
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You’ve read the self-help books, you’ve attended the seminars, but you’re still finding yourself paralyzed when it comes to making major decisions. Sound familiar? Well, the solution might be simpler than you think. It may lie in a process called reframing, a technique that revolves around shifting your perspective to unlock your decision-making power. “Change […]
In every company, there are two types of organizations that operate simultaneously: formal and informal. One is officially recognized, while the other is more organic and often difficult to detect. Understanding the differences between these two organizations is crucial for managers and CEOs, as it can help them navigate complex social structures, increase communication and […]
As I look back on my career, the major milestones are combinations of things done by choice and some by chance. I would like to claim I had made all of my decisions by choice, not chance. That simply would not be true. Regardless of the reason for making a move, in all cases, change was […]
As a manager or a CEO, it is only normal to have that occasional conversation that seems to linger in your mind for days or even weeks. Difficult conversations are hardly soothing, but they can be remarkably productive if handled correctly. Crucial conversations are inevitable in every organizational structure, but with proper preparation, the outcome […]
