A company’s most valuable asset is usually its people. Nonetheless, while businesses put a lot of resources into research for product development, they frequently leave the selection and training of human “assets” to untrained professionals, to guesswork, or to the belief that you can teach … Read more

Letting an Employee Go

Firing someone is never easy, but it can be done in a way that protects both your company and the dignity of the employee. The first step is to make sure you have tried to help the employee remedy the situation. If the issue is … Read more

How to Do a S.W.O.T. Analysis

As its name suggests a S.W.O.T. analysis is a tool for examining the positives and negatives within your business as well as in the outside environment. Strengths and Weaknesses are often defined as identifying issues internal to the businesses, while Opportunities and Threats identify issues … Read more

Creating Your Executive Team

The process you go through to create your Executive Team will be emulated by your direct reports to create theirs. Make sure that process is worthy of repeating. Be a mentor. If you’ve made mistakes, share them. If you’ve done something that worked well, share … Read more

Creating a One Year Vision

The best way to avoid being taken by surprise with the makeup of your executive team is to plan ahead by creating a one-year vision. Your one-year vision will allow you to clarify what positions need to be filled and under what terms, while also … Read more

Strategic Delegation

What Talent Do You Need on Your Team? There is a big difference between being the conductor and being first violin in the orchestra. One is about accomplishing a group goal and one is about accomplishing a personal goal. The conductor of the orchestra is … Read more

Developing Yourself as a CEO

Learning from Your Past Leadership Roles Think about the times you’ve held leadership roles in your life. (You may have been class president, a scout leader, a team leader in sports.) What were you doing? What team did you put together? Think through your past … Read more

The CEO’s Role

Being a CEO is first, middle, and last about leadership. Leadership is not primarily about control or power (although you’ll have both, and you’ll have to make the best decisions you can about how to use each at different times). True leadership is the ability … Read more