You must measure the actions of your company and its employees. After all, what gets measured is what gets done.
The discipline of measuring performance can mark the difference between good companies and great companies. Measurement is the process by which real change takes effect, reaches its full potential and becomes institutionalized within an organization. (Continue Reading…)
Last week, George Bush won a close and hard-fought presidential election in his race with Senator John Kerry.
Whether you voted for him or not (and many didn’t), and whether or not you believed his arguments (and many didn’t), the success of President Bush and his team brought to light once again the indisputable power of time-tested principles that leaders embrace when battling for hearts and minds. (Continue Reading…)
Sports is often a metaphor for business. So when is sports a metaphor for business? When the topic is turnarounds.
The Dallas Cowboys are now moving forward again under new coach Bill Parcells. It’s too early to pronounce the Cowboys perennial winners. But a 2004 Sports Illustrated poll shows the Cowboys are America’s favorite pro football team and the third favorite professional sports team overall. So it’s instructive to examine the business factors that prompted Jerry Jones to bring in an experienced turnaround pro to fix the problems. What did Parcells find when he arrived as the new sheriff at Valley Ranch? What steps did he take first? What must Parcells do to make the Cowboys a Super Bowl contender? (Continue Reading…)
Exceptional leaders use the planning process as a framework to confront change, set a course of action and secure buy-in throughout the organization.
More than 5,000 years ago, ancient Egypt was emerging from a period of uncertainty and discontinuity and was becoming a unified nation-state. As the Egyptians adapted to the changes brought on by this unification, King Djoser commissioned the world’s first pyramid about 2950 BC, establishing a reign of 21 years that is thought to have been politically and economically stable. The Greek historian Herodotus believed - and the Bible supports this belief - that the pyramids were constructed by slaves, but more recent evidence strongly suggests these wonders of the world were planned, designed and built by a skilled workforce of thousands of volunteers led by the vizier, or head of state, who was tasked with building the king’s pyramid. (Continue Reading…)
Excerpted from the book, Take Charge! How Leaders Profit From Change, by Greg Bustin.
Some leaders view acquisitions as a strategy central to their company’s growth, while other leaders view acquisitions as a tool that enables them to implement their strategy.
Whether you view acquisitions as a strategy or a tool, there’s no debate that mergers and acquisitions must be handled carefully. Properly conceived and managed, a merger or acquisition can accelerate an organization’s profitable growth and widen the gap between its competitors. But if bungled, they can destroy an organization’s culture, reputation and earning power. (Continue Reading…)
Excerpted from the book, Take Charge! How Leaders Profit From Change, by Greg Bustin.
The year is now half over.
It’s half time in the great game of business – time to catch our breath, assess our position and make any adjustments to finish the second half of 2004 strong. But this time of year also means that if we’ve not already achieved or made significant progress toward achieving the goals we set for ourselves many months ago, it will now take 100% more effort to accomplish what we said we wanted on January 1. (Continue Reading…)
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