JACK WELCH, the former CEO of General Electric, used to get rid of the bottom 20 percent of his employees each year. While some see this as a harsh way to handle business, Welch had both strategic and practical reasons for following this mandate.
Read more on The Company That Jack Built…
So what’s the second word?
Accountability
Let’s say you do find a mentor or hire a consultant. Chances are, a good mentor will guide you, while a consultant will do some specific, task-oriented work for you and leave.
Read more on Two Important Words for Your Business- Part 2…
Today, Executive Coaching is a billion dollar industry. Executives who are going somewhere in their careers are the ones who hire an Executive Coach. In the past, executives who hired an Executive Coach were looked down upon as on their way out. But, today executives who use professional Executive Coaches are looked upon as ones who are on their way up.
Read more on 7 Reasons to Hire an Executive Coach…
Last week we took a look at four mistakes business owners must stop making if they want their business to grow. Here are three more mistakes to avoid.
5. Stop working on unimportant distractions and focus on what matters: The two most important things to focus on in your business are how to generate more cashflow and profits.
Read more on Mistakes Business Owners Make- Part II…
Do you play above the line?
By that I mean, are you totally accountable for the state of your business?
The lure of freedom can be a double-edged sword in that many business owners feel they no longer have to be accountable because they’re the boss.
Read more on The Impact of Accountability…
