Valuable Insights for Today's Leaders
Why all leaders should follow Warren Buffett’s message on reputation
“Lose money for the firm, and I will be understanding. Lose a shred of reputation for the firm, and I will be ruthless.”
Why New York City’s pay transparency law should be embraced by business
There is no reason why your company’s compensation system should not be transparent and easily understood. It builds trust and credibility with employees and allows them to focus on their job and not compensation issues, which leads to better company performance.
Emotional intelligence is key to every individual’s success
Emotional intelligence is recognized as a key leadership trait. EQ is also important to the success of everyone who interacts with people, regardless of their position within an organization.
Leadership lessons taught by Ukraine President Volodymyr Zelensky
Business leaders will never face the challenges of Zelensky. However, the traits needed to inspire your organization are the same: superb communication skills, inner fortitude and a laser focus on the challenge. With these traits, you can rally your organization to accomplish goals thought to be unachievable.
When it’s a seller’s market for talent, how do you attract and retain employees?
“A toxic corporate culture is by far the strongest predictor of industry-adjusted attrition and is 10 times more important than compensation in predicting turnover …. Toxic cultures include … workers feeling disrespected and unethical behavior.” Ensure your corporate culture is not toxic.
What are the traits of effective leaders?
Effective leaders recognize that challenging paradigms and thinking “out of the box” are crucial for achieving breakthrough results and building competitive advantage. Employees who challenge paradigms are your change agents. Listen to them.
Peloton’s new CEO wants employees to get out of their comfort zones. Here’s why that’s so important.
“Your comfort zone is your own worst enemy … If the thing you’re doing appears to be working, your natural inclination is to do more of it … When you’re comfortable, you have no motivation to look around and think about what might need to change.”
Entrepreneurial traits and mindset are valuable differentiators to employers
In real time, entrepreneurship students hire employees, attract investors, sell to customers, execute business strategies, learn how to de-risk their decisions and manage a P&L statement. These are valuable skills whether one starts a business, works for a startup or works for an established company.
What was the board thinking reinstating CEO of Better.com?
Can a CEO who was asked to step down by the board due to their toxic leadership traits ever return to that position and be successful? Can trust and confidence in their leadership be established? Can talented and experienced people be recruited?
7 questions to address during new product development
A question every new product development team must ask is, “Why will customers want to buy our new product?” Addressing this and the questions outlined in this article will raise the probability of a new product’s success.
No, Mr. Shkreli, price-gouging customers is not taught in MBA class
Business schools that teach to maximize shareholder value but don’t emphasize the importance of ethics, integrity and the need to be a good corporate citizen are shortchanging their students and the companies they will work for.
Reflecting on lessons learned from the Challenger disaster 36 years later
In the words of renowned Brazilian novelist, Paulo Coelho, “If you want to be successful, you must respect one rule: Never lie to yourself.” Leaders, remember to listen to your experts, establish a challenge culture and value the lone wolf within your organization.
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