As the business community begins to start up again, it is clear that things have changed, or will be changing soon. As employees return to work, the behaviors of the past may need to go away such as touching (as in a simple handshake), being close when you need to learn to work while not being close, like sitting at a computer, wearing a mask, the production process may be new, customer relations might now done on-line, etc. The list goes on for each business and each situation. And the last thing an employer wants is for employees to get sick and spread it around their staff. The employer wants a positive result and healthy people. This is in everyone’s best interest.
Listening for Values – How to Make Your Core Values Stick
As a business leader, if you want to make the Core Values of your company drive behavior, then you must listen for them in every interaction that you have.
What I mean by that is this: When you are having a discussion with one of your employees or you are in a meeting, you must not only listen for the information that is being exchanged, but you must also listen for whether people are expressing themselves in accordance with the core values of the company.
Who Do You Need on Your Team?
In the very beginning, your leadership team is you. Every single business starts with a person, and that person has the responsibility to dream and to do because he or she is the only one around.
Then the business grows, you hire some staff, and in a way, your whole staff feels like your leadership team. You hire someone to help with phone calls, emails, and scheduling, and he’s your Office Manager. You hire someone to help with packaging and shipping products, and she’s your Head of Operations.
Why KPIs Are More Than Just Numbers
How to Create KPIs, Use Them and Align Your Organization with Them
Every company has financial targets. Almost every company has some form of key performance indicators (KPIs) to measure organizational performance. These typically include return on equity, working capital, debt to equity ratio, inventory turnover and gross / net profit margin.
Planning an Exit? Or, Just Retiring?
For a CEO or business owner, it’s important to lead others gracefully and with a plan in mind. Even though you are working on an exit plan or close to transitioning out, you must still provide leadership. It would be easy to let things slide and, spend more time away, and do a few of those things on your bucket list. After all, the business was hard on you, people needed way more than you thought necessary. And quite frankly, you deserve it right?