Forecasting empowers people. It clarifies responsibility and priorities, thereby encouraging cooperation. It gets the team thinking about cause and effect—what they can do now to improve future results or avoid some identified risk. Source: Forbes | Forecasting -- The Secret To Controlling Your Business (And Engaging...
A ride on a big roller coaster isn’t everyone’s cup of tea, but for aficionados there’s nothing quite like it. You soar to the peak, glimpse the spectacular view for a split second, then plunge straight downward at stomach-churning speeds. And there’s always another thrill...
Companies often have too many meetings, but the halftime meeting is one you can’t afford to pass up. Just ask Tyronn Lue, LeBron James, and the Cleveland Cavaliers. Source: Forbes | It's Halftime 2016: Time To Step Up Your Game...
It’s probably a good thing that calling customers is hard to do. If it were easy, everyone would be doing it. But we guarantee it: they aren’t. Which means that you have a great opportunity to create a lasting competitive edge, at very little cost....
Adam Smith is one of the few historical thinkers whose work has stood the test of time. And it is more than coincidence that he published his seminal work, The Wealth of Nations, in 1776, the year of our nation’s independence. Source: Forbes | A Capitalist...
Getting employees involved, helping them learn to think like businesspeople, sharing the wealth that they help create—this is what it will take to make American capitalism competitive again. And in the process, it just might save or generate a few more manufacturing jobs. Source: Forbes |...
Open-book management is an approach that costs very little to implement, that puts more money in everyone’s pockets, and that turns employees from hired hands into businesspeople. Source: Forbes | Engage Your Employees - In Making Money...
If you can create an incentive plan that avoids the four pitfalls, you’ll have your whole team on your side, playing to win. That’s what makes a company unstoppable. Source: Forbes | The Four Mistakes That Will Kill Your Incentive Plan...
Businesses are always on the hunt for customer feedback. They e-mail us surveys. They ask us to stay on the phone after a service call to rate the interaction. Source: Harvard Business Review | Track Customer Experience, but Don’t Forget the Financials...
Manufacturers are cutting or recasting supervisors and investing in self-managing teams. But how can employees make good decisions unless they understand the economics of the business? Source: Leadership Journal | The Self-Managing Plant...