Family-controlled companies eventually need to make a choice—do they want the company to be a vehicle to employ family members, or do they want it to be an engine of wealth creation for shareholders? Their company is competing against the best in the world, requiring it to be led by the best who can successfully compete. It’s rare that the most capable leaders can be found inside the family.
After ‘pity city’ comment, MillerKnoll CEO learns key lesson in how to deliver a message
A lesson for all leaders: Watch what you say and how you say it. It impacts how you are viewed by your employees, and what you say might wind up on social media for the world to see.
Be more effective when presenting capital projects for approval with these tips
The best way to communicate verbally or in writing is to put yourself in the place of the intended audience and ask yourself how you would like to receive the information. Too many people don’t consider this, and it hurts their ability to effectively communicate what they are trying to say.
Build competitive advantage through a culture of continuous improvement
If you are looking for a sustainable initiative to build competitive advantage, look no further than the culture of continuous improvement. Companies that do not continually improve will fall behind. Those that do continuously improve will win the competitive race in the long run.
Elon Musk has not demonstrated good critical judgment as CEO of Twitter
Musk needs to win back advertisers’ confidence by issuing a policy that states that tweets that are baseless unsubstantiated conspiracy theories, that are posted for the purpose of stirring up discord, hatred and violence and that undermine society will not be tolerated. He needs to ensure Twitter has skilled moderators to make those judgment calls.
We need bipartisan leadership to address our country’s issues
The political will of both the Democrats and Republicans to do the right thing for the American people has been demonstrated in the past. Americans want to see more bipartisan leadership to address our country’s issues. It will position us for a better future.
Philadelphia’s increase in gun violence reflects an erosion of civil society
It’s been said that “the definition of insanity is doing the same thing over and over again and expecting a different result.” If nothing in Philadelphia changes, we can expect the same result—increasing gun violence.
Break your paradigms to achieve breakthrough results
How do you create a paradigm-breaking mindset? You need an organizational culture where the opinions of all employees on how to achieve breakthrough improvements are valued and the status quo can be questioned. The organization that accomplishes this will create competitive advantage.
Andy Jassy and Amazon need to focus on taking better care of employees
Amazon directors need to hold Amazon CEO Andy Jassey accountable for more than just financial performance. The company needs to focus on a great employee experience as they deliver a great customer experience. If they did, they wouldn’t face so many union certification elections at their warehouses.
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.
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.
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.