Perhaps you’ve heard the popular saying, “you need to spend more time on the business, rather than in the business?” This saying lends itself to strategic planning because an offsite strategic planning session is one of the most valuable ways to spend your time on your business. Dedicating a one or two day session to…
Strategic planning is not just an exercise, or something to do because others value the process; rather, strategic planning is the means to success. A number of quantifiable studies have been conducted in recent years, which has validated that a comprehensive strategic plan effects quality performance in heightened operating ratios, increased market share and an…
Here’s what we know about today’s business climate: change is constant. Given this fact, then it’s imperative that our business strategies also change. But how do you know when you need to make strategic changes? Changes come in all forms, such as: Changes to your organizational structure; Internal or external environmental factors; Expectations from stakeholders;…
Making strategic changes for your business is inevitable. This is true for a number of reasons. Perhaps you’re looking to revamp your strategic business plan due to profitable growth. Essentially, you’ve outgrown your current strategy and need your business plan to reflect those changes. Conversely, you may need to make strategic changes because your industry…
How many years have you held a leadership position? 10 years? 20 years? Or perhaps your leadership role is new? The number of years isn’t significant, what is significant is how effective your leadership skills are. Maybe you’re in a growth period, or maybe it’s been awhile since you thought about your own professional development.…
As leaders, we should strive to foster a sense of trust and loyalty in the workplace. We want our employees to have a sincere enthusiasm for their jobs. We need to make concrete decisions, and possess a high level of managerial competence. Essentially, the leadership qualities we exhibit, tell us just how successful we are.…
Those in leadership understand that the way in which their management teams lead staff is a driving factor behind what the team will accomplish. A person’s management style has a significant impact on how productive the team is, and the company’s bottom line. Just like there are different leadership styles, there’s no universal approach or…
Think about the best boss you’ve ever had. What made them so great? Was their leadership style approachable? Did he or she make you feel excited to come to work? Was there an emphasis placed on trying to find workable solutions? Did he or she listen to other’s opinions? Did they welcome feedback? Perhaps you…
As leaders, we all want to build a highly productive team. Having worked with a multitude of executive leaders, we can tell you that many in leadership tend to think their teams are highly productive and produce results. While this may be true, there is still always room for improvement. Why? Simply put, a good team…
For years, researchers and scholars alike have debated whether leadership is an inherited trait, or based on learnable skills. While there is an argument to be made for both sides, there really isn’t a clear winner. In fact, we think that both genetics and training play an important role in determining great leadership. Think…