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.
Being promoted to a manager does not mean a person will be a good leader. To be successful in this role, one must develop a followership.
Failures do not mean the demise of an organization. In fact, they are a key component of business success.
In the beginning, your shareholders specifically choose your organization because they buy into your vision. To make them feel a part of the process, it is essential to develop a communication strategy.
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.
Every organization and manager must focus on increasing employee productivity growth. Investing in training and education and in better tools are two ways to accomplish this.