Taxes, trade and tariffs translate to trouble

September 23, 2018 at 3:30 am

One of the top five concerns noted in Vistage’s recent report Decision Factors H2 2018, is taxes, trade and tariffs. The new tax law has created as much uncertainty as opportunity for SMBs. Certain changes — such as the revised Section 179 deduction and 20% pass-through income deduction — are expected to […]

Cyberattacks are the Silent Killers of SMBs

September 16, 2018 at 3:30 am

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 […]

Talent shortage goes critical

September 9, 2018 at 3:30 am

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, […]

Cost pressures broadening and growing stronger

September 2, 2018 at 3:30 am

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 […]

The Power of Not Knowing

July 22, 2018 at 3:30 am

Many of us as leaders, especially new leaders, feel we must have all the answers. Some even feel a sense of shame when asked a question, by a client or an employee, and they don’t have the answer. And, despite these feelings of inadequacy most of us have felt at […]

The Life Changing Value of Choosing

March 18, 2018 at 3:30 am

Working with CEOs over the last dozen or so years, I observed several common traits in those who successfully grow their businesses. I have written in the past about the importance of having a vision, having the right people, and having strong execution. Another more subtle characteristic shared by successful […]

Which Kind of Leadership?

February 11, 2018 at 3:30 am

Some situations require a general to inspire us to “take the hill”. Some situations require someone from the group to lead, an informal leader. Some situations simply require wisdom; the wisdom of Socrates, to simply ask the right question. So easy to default to Option 1 and assume all situations require this. […]

Change is Coming..

October 15, 2017 at 3:30 am

Vistage economist, Alan Beaulieu, CEO of ITR, issued a simple warning in recent days “It’s been a good year, but there is a change coming,” he said. “Things are going to slow down.” For those of us who follow ITR, we know the recession Beaulieu expects next year is one that he’s […]

Who are the UNSUNG heroes working for you?

July 16, 2017 at 3:30 am

We worship winners—especially those who demonstrate leadership, confront a crisis and prevail. There’s nothing wrong with that, as long as the hero did not create the crisis in the first place. But what about those who keep crises from erupting at all? Who are the UNSUNG heroes working for you (and […]

How Do You Know When to Go With the Flow?

June 18, 2017 at 3:30 am

Option 1 _ Sometimes, the best thing to do is to go with the flow and let things play out. Option 2 _ Sometimes, the best thing to do is to choose a desired outcome and lead others toward that outcome. How do you decide? In my experience, business owners have […]