As the boss, you get to see daily progress. When a deal closes, or a project finishes up, you know it. When a client is excited about the changes you made for them, you hear their praise. You have access to a lot of positive feedback that the rest of your team doesn’t see or…
I frequently tell business owners, “A CEO’s job is to break things. Just don’t break them faster than your team can fix!” I do believe that — someone in every organization has to push the limits to achieve the “next thing.” Someone has to call out the stuff that’s not done well and advocate for…
Driving to work, you reflect on your business – and it makes you smile. “I’m working with a terrific team that delivers excellent work and the clients are asking for more. It feels so good to have a strong team behind me,” you’re thinking. “When I don’t have to fight fires all the time, I…
Executive compensation can be a hard topic to tackle, especially for startups and other growing companies that need to attract experienced talent on a smaller budget. What you may not know is that base salary is the smallest component of executive compensation, generally outweighed by incentive pay. That is good news for growing companies with…
One business owner replied to last week’s email about courage with this question: My fear is I just don’t want to confront people and tell them they are fired which I’ve never done in my business. I remember watching The Apprentice and admiring the way Trump fired people. Back then, I was not even in…
I work with a lot of different businesses which means I get a ringside seat to all the ups and downs that business owners experience. And there’s no greater source of ups and downs than the nutty employee stories I’ve seen. You may think that you’ve hired some bad apples, and maybe you have, but…
You took the time to clearly lay out the assignment. You confirmed with your team member the process they would use to accomplish it. They agreed that the time frame was good and that they had the skills and tools they needed to get it done. But when they deliver it to you, you are…
One of the things I say to new advisors who join our team is that clients always want us to fix “the team”. Clients tell us, “They [meaning their team members] have terrible attention to detail, they never follow through, they are always missing deadlines…” (the list goes on and on). Of course they are…
“How do you know you are doing a good job?” Early in an engagement with a new client I usually go around and ask this question to each of the management employees in the company. It’s a simple question, but having employees who are clear about the answer is key to driving employee engagement and…
“My team just isn’t as committed as I need them to be. It feels like they just don’t give a crap about the business, or the work, or anything…” This is how the conversation started when I went to meet with a client this last week. His business is successful, but he feels like the…