A framework for prioritizing budget decisions during budget expansions or reductions to enhance organizational health.
The name “Tiger Team” was first coined by NASA to describe a highly skilled team of individuals with different specialties coming together to solve a set of complex problems. Problems do not occur in isolation, and by that same token, neither do solutions.
When companies are just starting, they need additional support from their board of directors. Astute entrepreneurs understand the advantages of building rapport with board members early on.
Trying to guess what combination of salary and stock options will motivate an employee candidate is a major frustration for managers. My solution is to put those tradeoffs into the hands of the potential hire.
Startups need every advantage they can get. Adding high-energy, positive people to the team creates a healthy and productive organization.
As a leader, one must continuously adjust motivational and management systems to address older and younger employees to obtain the highest performance.
Failures do not mean the demise of an organization. In fact, they are a key component of business success.
It may be surprising to know, but all organizations, from startups to mature ones, have problems that require fixing. The solution lies in identifying the broken issues and determining the prioritization of which to address.
Most individuals and corporations want to grow and succeed by taking on new projects and initiatives. They sometimes forget, however, the importance of cutting some off and saying no.
In the corporate world, a simple rule exists. And, it is advantageous for leaders to keep this advice in mind when conducting business with clients and vendors.