I hated math word problems as a kid, so I’ll make this a pain-free version with an easy question! I recently wrote about CEOs’ need for a high understanding of their financial situation and wanted to follow up with an illustrative story. I specifically mentioned that, as a CEO, you should understand your cash conversion […]
I have a growing sense of alarm that the workplace solutions being established in many companies, perhaps yours, lack complete thoughts around the unintended consequences. (See Exhibit 1, Exhibit 2, Exhibit 3, Exhibit 4 and Exhibit 5 for starters.) My greatest concern for burdened CEOs — who’ve had to improvise a lot over the past […]
I frequently watch family members whom I love avoid conflict and, paradoxically, increase their stress level. Unresolved conflict is like an unpaid bill. It doesn’t go away; it gets bigger the longer you ignore it and eventually causes immense pain. I coach senior executives, who you might assume are assertive and enjoy — or are […]
When I work with executive teams on increasing their effectiveness, one of exercises we do is to identify the “rules of engagement” so that there is clarity about how people interact with each other. Some examples of rules are: > Be prepared for all meetings > All meetings must have an agenda and clear objectives […]
Some of the most rewarding work I’ve done is work with new CEOs. The gap from senior executive to Chief Executive Officer may not seem that large but every CEO I’ve worked with would tell you that it is much larger than it appears. An MBA doesn’t prepare you to be a CEO though it […]
Because I typically travel to work with the executives I coach, I found myself with extra time during COVID. I work with midmarket CEOs and their teams, but for some reason I was getting calls from small business owners. It wasn’t right to turn them away, so I helped some for free or a very […]
I’ve been talking with numerous CEOs about their expected future work environment, and they developed some clarity that I wanted to share, though they have chosen slightly different paths. Most of those I speak with are attempting a hybrid model for their workplace. Some believe this will be permanent, some believe it’s temporary — that […]
Years ago, I served on a public company board of directors with a prominent investor. Like most successful people I’ve known, a few maxims drove his success. The one I heard repeatedly from him was: “Rule number one in business is never run out of cash! Rule number two is never violate rule number one!” […]
I don’t play well with everyone. In fact, I’m a bit particular about whom I work with. After working as an advisor and coach for many years, I’ve developed a profile of the clients who are most successful after our work together. These descriptors, you’ll note, are more psychographic than job-related — not related to […]
“Expenditure of physical or mental effort especially when difficult or compulsory” — “Labor” definition, Merriam-Webster I’m not a fan of the term “labor” to describe some of the workers in the economy. It comes from the Latin word labor which means to toil or trouble. I never viewed the people that worked in the organizations […]