#100 – Building a Business: What have we learned in 4 years?

What Does It Take to be a Great Leader?

Every Tuesday, we’re sharing valuable and practical leadership tips and tools to help you BE a better leader so you can BECOME a better leader. Remember … you won’t BECOME a better leader until you start BEING a better leader … implementing NOW the changes necessary to adopt the proven strategies of successful leaders. You might start by building on the communication matrix and making sure you’re defending the castle to get done what only you can do. Make sure to take some time so you’re thinking past today. Don’t forget our 12 part Leadership series.

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Finally, Column No. 100?

If I haven’t put you to sleep yet, you’re not reading every one of my columns published in the local New York Times affiliate … and guess what? By my count, this column is a milestone as column #100. Has anyone else written that many … other than the Editor in Chief, of course?

Have I been listening in on your conversations?

This journey began in the Fall, 2007 and for the most part, bi-weekly since then. The only exception is the most recent L.E.A.D.E.R.S.H.I.P. series that was published over 12 consecutive weeks. Most of the columns have climbed around the monkey bars at the intersection of Strategy, Finance & Leadership, but according to several keen observers, I’ve also listened in on their boardroom conversations. Others have said they recognized themselves in my examples … I’ll never tell … and some have even said, “stop writing about me”. We’ll never know if it was intentional or accidental, will we?

What are some of the most important concepts in Building a Business? (more…)

Business Finance | Pick a card … any card ….

New metrics to Define Financial Performance?

In the tumult surrounding the 3D maelstrom (Debt Ceiling, Downgrading and Deficit) of several weeks ago, you may have missed another chilling corporate finance update on the relentless pursuit of performance metrics that extol the sunshine while you’re in the heart of darkness. Yes, there may be some economic value for certain of these metrics, but they’re dangerous barometers of realizable value and highly misleading as to future achievements of tangible operating profits and free cash flow.

Another Sign of the Apocalypse?

Most of us recall the “eyeball counting” that preceded the Dot-Com-Bomb and those certain “Signs of the Apocalypse”, as when your cab driver is telling you what stocks you should buy. (more…)

Take a moment to remember and respect ….

This day is never more poignant and meaningful than during wartime as we contemplate the young men and women who defend the freedom we hold so dearly Over 4,000 children have lost one of their parents since September 11, 2011 Each of them cherishes the respect and admiration we pay to…

Personal Productivity: Capture all of the randomness

A Weekly Personal Productivity series to help you get more done!Every Thursday, I'm sharing a new Personal Productivity Tip to help you get more done. Each Productivity Tip is a remarkably simple tool or concept that can be quickly implemented to make a real difference in your personal productivity. When…

Leadership Lessons | Are you only a legend in your own mind?

What Does It Take to be a Great Leader?

Nothing in life travels in a neat formation accompanied by bugles and cavalry. A lot of it shows up filthy and unkempt, prominent in the mess we’ve made around our foxhole. These lessons are typically the offspring of hubris, naivete and ignorance … or from overlooking the land mines hidden beneath our feet.

Every Tuesday, we’ll share valuable and practical leadership tips and tools to help you BE a better leader so you can BECOME a better leader. Remember … you won’t BECOME a better leader until you start BEING a better leader … implementing NOW the changes necessary to adopt the proven strategies of successful leaders. You might start by building on the communication matrix and making sure you’re defending the castle to get done what only you can do. Make some time so you’re thinking past today.

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It’s Almost Midnight. Do you know where your cash is?

Okay, I admit it, I’m cheating a little this week … but I’ve got a few good reasons. Well, I’m calling them reasons anyway.

For one, I’m working hard to get ready for our Cash Flow Workshop, “It’s Almost Midnight. Do You Know Where Your Cash Is?” scheduled for May 25th. If you live in the San Francisco bay area, are not a financial executive and want to advance your business finance knowledge, our workshop is tailored for you.

Every successful business executive needs a solid grounding in the principles of cash flow … (more…)

Productivity Tip | Work Smarter or Take a Nap? Hmmm ….

A Weekly Personal Productivity series to help you get more done!Every Thursday, I'm sharing a new Personal Productivity Tip to help you get more done. Each Productivity Tip is a remarkably simple tool or concept that can be quickly implemented to make a real difference in your personal productivity. When…

Leadership Lessons | Do you have the magic elixir of True Grit?

What Does It Take to be a Great Leader?

Nothing in life travels in a neat formation accompanied by bugles and cavalry. A lot of it shows up filthy and unkempt, prominent in the mess we’ve made around our foxhole. These lessons are typically the offspring of hubris, naivete and ignorance … or from overlooking the land mines hidden beneath our feet.

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[pullquote]“Being in the lead and winning is not the same thing.” ~ Rory McIlroy[/pullquote]

What a dramatic Masters finish tells us about succeeding

No, really, I had no intention of writing about the Masters golf tournament — again. You might want to start by looking at Madness or a Masters in Business … but, this 75th anniversary “tune-a-mint” that ended a few weeks ago offered more lessons than a kindergarten classroom.

What is True Grit? Do you think you have it?

Most of us think of Rooster Cogburn, either in the persona of John Wayne or Jeff Bridges, when True Grit is mentioned.

But, what is true grit? Never say die? It’s never too late? All those, and more, applied to the crushing legion wrangling for the green jacket on that fateful Sunday. Eight players shared the lead over a few hours on Sunday. As in life, the contrasts were remarkable.

Rory McIlroy, who held the lead over 63 holes of the tournament, entered Sunday with a four stroke lead and watched it quickly evaporate as his game imploded — he shot 80 on the final day — as contenders climbed over him from every side. Eight players as far behind as seven strokes down tied for the lead at some point on that bucolic Sunday afternoon.

Life is perplexing blend of success and failure (more…)

Leadership Lessons | Are Incentives the Cornerstone of Life?

Does your incentive program REALLY drive performance?

You probably know someone, don’t you, who is a star performer who believes that her achievements go unrewarded?
If so, you probably also know an underachiever who gets more than he deserves.I
s there any greater disincentive to the high performer than knowing that under-performance seems to be equally rewarded?

Should there be a moratorium on bonuses?

I’ve talked about the value of incentives before, but it keeps coming to mind as I talk to senior executives who don’t seem to have spent any time at all considering whether their incentive plans are working as intended … or whether they need to be revised.
In some ways, it reminds me of the comment that Bloomberg attributed to Barney Frank, chairman of the House Financial Services Committee, during the $20 billion bonus scandals during the 2008-2009 financial meltdown.
According to Bloomberg, this was his comment … (more…)

Productivity Tip | Who doesn’t love a home-cooked meal?

A Weekly Personal Productivity series to help you get more done!

Every Thursday, I’m sharing a new Personal Productivity Tip to help you get more done. Each Productivity Tip is a remarkably simple tool or concept that can be quickly implemented to make a real difference in your personal productivity. When you apply many of them together, they’ll make a big difference in improving productivity, achieving accountability and staying focused on the things that matter the most in your life.

You may want to check out some of the posts in this Productivity series, including the the value of checklists; the importance of getting rid of the crappy stuff; the nightmare of the cluttered mind; and that feeling of being buried all the time. You can also leverage your resources and apply the lessons of the ARCI chart and the S.M.A.R.T. goals to boost the accountability of your entire organization. One more thing. When in doubt, write it down.

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It’s hard to beat a home-cooked meal!

Is there something more delectable than sitting down to a home-cooked meal … fresh, hot with flavors wafting through the air?

Some of you may be chefs who prefer to cook it yourself, but I suspect that the vast majority of us savor a meal where our only job is to sit down to enjoy it.

Maybe we’ve exerted a little energy to open the Cabernet to go with it, but not much more.

That’s the same feeling we need to create when we sit down to contemplate our Action Dashboard to begin the day.

Ready to Savor (it’s all actionable). Fresh (it’s all up-to-date). Hot (it’s ready to eat as soon as you sit down).

The Weekly Review is where all chopping, cutting, food prep gets done

Even if you don’t love to cook, you’ll still need to help with the food prep that takes place in the Weekly Review. That’s where all the chopping, cutting, shaving … preparation gets done so the meal can be enjoyed. To create a powerful personal productivity system, (more…)