Unfortunately, the vast majority of business decisions are full of considerable uncertainty and situational factors. There is no sure thing, and waiting for more information might seem like a good idea, but oftentimes waiting to get more information is extremely costly in terms of time and money. And if you’re in a high-growth company, this is even harder.
Let me agree with you upfront, most meeting suck. In fact, so many meetings suck that my friend Cameron Herold has written a book about it. And a quick search on Amazon shows that he’s not the only one. Bad meetings are rampant in most organizations.
For me, the 4th of July about a celebration of the grand experiment designed by our founding fathers. The United States of America was a radical idea. And one that came with great uncertainty and cost. The signers of the Declaration of Independence and the US Constitution took great personal risk and sacrificed much.
If you’re a micromanager (let’s face, many of you are), here are a few tips...
You would never make a move in chess without looking at where your opponents pieces are on the board. And before you make any move, you typically think through how the other side will likely respond and what you would do in reply to that. Same is true in business.
So many of the the companies and leadership teams I work with find themselves in the same patterns, the same ruts, and the same undesirable outcomes as they found themselves in previously. Yet, they don’t seem to do or change anything about it. Retrospectives can change that.
Here are 5 simple ways to measure your business's performance, regardless of your industry or model.
Managing people is difficult, but it doesn't have to be. Avoid these four assumptions to make you job--and your employees lives--easier.
Getting the daily huddle right is tough for many teams. Here are three common problems and one simple trick that will improve your success.
Worldwide101 recently joined up with five-time Inc. 5000 list Founder and columnist for Inc., Forbes, and Business Insider, Bruce Eckfeldt of Eckfeldt & Associates, to chat about the 6 tasks every business owner should start delegating right now in order to save 15 hours per week, and how to truly delegate them most effectively.
Having been a team coach the last decade, I've seen many of these distributed teams struggle, but I've also witnessed many of these teams excel, too. The best ones do not achieve this success by overcoming their challenges, rather, they turn their challenges into advantages. If you're on a distributed team or your company is building a distributed team, here are a few key considerations to keep in mind.
When you're a hammer, everything looks like a nail. The same is true for leadership. If you're great at driving your team by calling the shots, then you'll seek out situations--and even create ones--where making tough calls quickly is critical. However, like any highly developed skill, overusing one kind of leadership mode quickly becomes a liability.
Strategy must connect to execution. View these “Expert Series” webinars to learn how to develop your strategy and enable great execution with OKR goals (what Gazelles methodology calls Annual Initiatives and Quarterly Priorities) and connect it to every individual’s performance via Continuous Performance Management and ongoing progress check-ins.
Skilled entrepreneurs learn how to separate decisions from outcomes and learn when they make a smart decision or just got lucky.
Finding the right talent is getting harder and harder. In this interview we speak with Daivd Reiss from Jane.hr about how to get the talent you need by using media, referrals, and your social reputation.
They say choosing an co-founder is like a marriage -- here's how to make sure yours doesn't end in divorce.
Companies who are trying to build a strong company culture and team morale are turning away from work-from-home polices.
Use these best practices to improve your business partnership's success, longevity, and enjoyment.
William Lieberman, Founder & CEO, The CEO's Right Hand - Mr. Lieberman is the founder and CEO of The CEO’s Right Hand, a New York-based consulting services firm that provides a full breadth of strategic, financial and operational advice to founders, CEOs and Executive Teams.
Julia Pimsleur, CEO, Million Dollar Women - Julia has raised a combined $26 million in non-profit and for-profit dollars. Founder of Little Pim, the leading language teaching method for young children, Julia is also the author of “Million Dollar Women: The Essential Guide for Female Entrepreneurs Who Want to Go Big” to help women learn to raise capital and take their businesses further, faster.
Tom Watts, CEO, Chief Investment Officer, Watts Capital Group - Tom is an ex-McKinsey consultant who afterwards founded a telecom advisory firm which he subsequently sold. He subsequently worked as a senior investment banker and analyst at Merrill Lynch and Bear Stearns, assisting high-growth companies in raising financing and completing strategic actions such as IPOs and sales.
Peter O'Brien, VP and CFO, Motivate International - Peter is an accomplished executive financial consultant CPA, with over 15 years of experience in finance, accounting, and strategic management.
Carl Gould, President, 7 Stage Advisors - Carl Gould is an authority on business growth who advises organizations who want to grow to the next level. He is an entrepreneur and has built three multi-million dollar businesses by the age of 40.
Brett Hickey, Founder & CEO, Star Mountain Capital, LLC - Mr. Hickey is the Founder & CEO of Star Mountain Capital, a specialized asset management firm focused exclusively on the lower middle-market. Star Mountain provides debt and equity capital directly to established, growing businesses and also participates in this market as a strategic fund investor.
High performance executives are masters of their priorities and schedule; here's how they do it.
If you want to scale your business and do so with ease and laser focus, work on implementing these five key meeting rhythms.
If you're stuck in a distraction-rich environment, here are 18 suggestions on how to concentrate on work without getting distracted.
Seems like everyone is using Objectives and Key Results (OKRs) these days. Ever since Google started using OKRs in 1999, organizations of all sizes and shapes started OKR’ing their goal setting and planning processes. This article gives you several objectives and key results examples and what you can do to make them even better.
Discover why it is important for a business to grow to stay healthy and provide opportunities for its employees.
Highly effective organizations are able to make the right commitments and follow through on them. They develop a culture of accountability. However, despite being so focused on results, these organization lack micromanagement and overbearing managers. How? By creating a culture of "self-accountability" and making it an intrinsic value for everyone in the organization.