The Gift of Feedback

August 23, 2020

Feedback is a gift. It is an opportunity for personal development and, ultimately, leadership development. And, it is hard; Very hard. I am not sure which is harder, giving feedback or accepting it. Recently I was with a small group of fellow coaches, several of us long-tenured, and we were discussing this very topic. We … Read More

With Diversity, Comes Diversity

February 2, 2020

What does this statement even mean? Homogeneous groups have similar backgrounds, preferences and personality styles. Often homogeneous groups are homegrown with few additions from “outside.” Diverse groups, on the other hand, may differ in traditional ways, i.e., gender, race, ethnicity, and sexual preference. Members may also differ in terms of their personality styles and backgrounds. … Read More

Is it Time for a Different Approach to Strategic Planning?

September 8, 2019

This is the time of the year that most companies begin their strategic planning process. While it’s fun to host and participate in an off-site, the end result sadly is often put on a shelf until next year. Mostly the plan is a continuation of the last one, and mostly the plan calls for growth, usually … Read More

Friction

July 14, 2019

Friction slows things down and makes motion difficult — it’s basic physics. We also know less friction eases movement and increases speed. When things are faster and easier to use, commerce happens. And, when friction is present, movement slows or worse yet, simply stops. We see this all the time with technology adoption. Have you … Read More

Now That We Are Here

March 24, 2019

Business is good for most companies and has been for quite some time.  And yet, the economic signals are there; we are nearing the end (are perhaps at the end?) of this long economic recovery. Your industry may have more runway, or you may be in an industry that is a leading indicator. Regardless of your industry position, … Read More

The Power of Habit, Avoiding Decision Fatigue

October 7, 2018

How many times during the day do we pause and ask ourselves what was I intending to accomplish today, how did I end up here? According to one study, the cause of this is decision fatigue. Decision fatigue helps explain why ordinarily sensible people get angry at colleagues and families, splurge on clothes, buy junk food at … Read More

Cyberattacks are the Silent Killers of SMBs

September 16, 2018

One of the top five concerns noted in Vistage’s recent report Decision Factors H2 2018, is cybersecurity. If you have employees, customers or financial data, you are a target for a cyberattack. Cyber criminals are aggressively targeting small and midsize businesses (SMBs), and cyberattacks are increasing in complexity, frequency and severity. For many SMBs, those attacks are … Read More

Talent shortage goes critical

September 9, 2018

One of the top 5 concerns noted in Vistage’s recent report Decision Factors H2 2018, is talent shortages. The unemployment rate at 3.9% is near an 18 year low. Last week, the DOL announced the number of Americans applying for unemployment fell to a near 49 year low. By measure of most economists, we are at full employment; some say … Read More

Cost pressures broadening and growing stronger

September 2, 2018

The #1 concern noted in Vistage’s recent report Decision Factors H2 2018, is rising costs. As we near the end of the current economic cycle, for the first time, in a long time, in addition to a typical cyclical tightening, we are also experiencing inflation. Wages are rising, the Fed is raising short term rates, … Read More

What Are CEO’s Most Concerned About Today?

August 19, 2018

Entering the second half of 2018, Vistage Research compiled a report summarizing the key concerns CEO’s face today. This report draws on data from the Vistage Q2 CEO Confidence Index report and a team of expert economists. Here are the five key areas of concern: Cost pressures broadening and growing stronger Talent shortage goes critical Taxes, trade … Read More