Break the impasse. Reach the Summit.Too often we set these BHAGs ("Big Hairy Audacious Goals") but don't create the milestones and timelines that give us a chance of achieving them. Put these 4 Ground Rules into action to make sure you reach the summit. Today is one of those occasions when…
Winston Churchill could have been an entrepreneur to have so eloquently dramatized the thrill associated with building a business.
Whether you own it yourself or share it with partners, it’s yours to build, to mold according to your dreams and values.
You may be building it from scratch or seeking new opportunities to jumpstart a mature company. In either case, I hope this will help you on your journey.
Why do you have your own business?
Independence, many will say, the chance to run my own show?
Be my own boss?
Do things my way – maybe because you’ve seen them done the wrong way and you can do better? (more…)
For years, I have used Facebook simply to replicate the articles I’ve published on Sword Tips, the Exkalibur blog.
I rarely provided anything else on the Facebook platform to help you and other business leaders solve their everyday problems … even though that’s what I do every day everywhere else.
That’s not really what I intended, but it was early in the Facebook lifecycle and I wasn’t sure what I should be doing differently on the Exkalibur Facebook page.
Maybe you’ve faced the same questions as you’ve surfed the Internet waters, uncertain about what you may find where and what you can do to more efficiently to find just that exact piece of information to help you with a particular issue?
Don’t you think we’re both trying to figure out how to manage the information tsunami flowing from blogs, RSS feeds, Facebook pages, twitter feeds and a host of other sources? (more…)
If the execution of a company’s plans is an avowed priority, critical to the success of both the CEO and the business, why aren’t CEOs spending enough time on it to make it successful?
Why is it that every time the Conference Board surveys CEOs to identify their Top Ten Challenges, “consistent execution of strategy” or “excellence in execution” is invariably cited as being in the top two or three “greatest concerns”?
Yet, when CEOs are asked about their greatest disappointments or failures, they routinely list their company’s inability to execute?
Huh?
How is it that a subject among the top three goals of most CEOs is the very one where the CEO has the least amount of success? Is this simply a conundrum tucked inside a mystery hidden inside an enigma … or can we sort out some of this ambiguity? (more…)
For most of us, this is the time of the year when hope springs eternal.We’re revved up for an exciting new year, determined to change all of the things that didn’t work last year so we can pound the ball out of the park in 2012.
Nothing wrong with any of that. Commitment, momentum, focus … these are the energies that will fuel our engine and help us jumpstart 2012 with the vigor and rigor that we need to make this year the most successful ever.
Yet, like most New Year’s resolutions we’ve made, the “gum loses its flavor on the bedpost overnight”.
We soon discover that it’s much easier to start than to finish.
We struggle to keep the engine stoked with the same energy that propelled us into the New Year.
We begin to feel some of the air already coming out of the tires, and begin to wonder … “where did that new-found energy go”?
It comes back to that whimpering sound of “hope springs eternal.” (more…)
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 ...…
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 and #100 of my newspaper columns.
The magical mystery tour continues with another retrospective about some of the subjects covered in my first 100 columns … seriously? … the “first 100”? (Is that a threat or a promise?)
As I considered my earlier columns, I was struck that none of these issues has really gone away. We’re continually battling the same challenges … occasionally finding temporary resolution or respite, but so often juggling so many of them that we don’t take time to resolve 
any of them. Why are we stuck in that do-loop? That’s a conundrum we’ll attack in a forthcoming column.
These quotes launched a few columns about leadership succession in the wake of the sudden terminations of the Merrill Lynch and Citicorp CEOs as the mortgage portfolios held on Wall Street imploded on the eve of the Great Recession. My focus, however, was more about how these colossal organizations, so dependent upon talented, international leadership teams, did not have a management succession plan in place. (more…)
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.
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?
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?
Tom Sampson, the controller for Ace Business Stuff, was in his office considering how to explain to John Wilson, the Company’s CEO, the issues related to the Company’s borrowing capacity and the weaknesses in the Company’s Balance Sheet.
Tom pulled together several schedules for his meeting with his CEO that afternoon, but was still struggling with how to get across some of the subtleties that he knew John would want to understand.
Tom knew that his CEO was absolutely committed to the Company’s success, although he became very frustrated when his convictions about future performance collided with the bank’s concerns about current performance.
Tom knew that the bank considered many factors when judging an asset-based loan.
Having enough collateral to support the Company’s borrowing request was only part of it.
One key ingredient is the quality of the collateral. (more…)