In The Goal by Eliyahu Goldratt, the Theory of Constraints (TOC) is introduced as a way to improve production and profitability by identifying and resolving bottlenecks. The power of this theory, however, extends far beyond the factory floor. For business owners and CEOs, it offers a compelling framework for prioritizing leadership focus.
[Read more…]In the pursuit of high performance, organizations often rely on incentive bonuses to motivate their teams. But what if the very structure of these bonuses is undermining motivation rather than boosting it?
[Read more…]Have you helped grow and develop a critical employee, and now they are leaving you for another opportunity?
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This morning, I spent some time coloring with my two-year-old granddaughter. She doesn’t always color within the lines. However, it never occurred to me while I was coloring with her to do anything other than praise her for using different colors, for her enthusiasm, and for her willingness to color with me. [Read more…]
I just received an incredible message on LinkedIn. It read:
“Jim. I was responding to someone else’s message and saw your name. [Read more…]
I like to read while I’m on vacation, and my reading list on vacation always includes one book that will help me learn and grow professionally.
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The other day my wife and I were on a bike ride.
We were on a little bit of a climb, and I noticed someone pass me. He wasn’t pedaling any more frequently than I was, but he was making a lot more progress than I was.
When you’re looking for financing and seeking a new banking relationship, you need to be able to tell a story about your company.
This story needs to be realistic. [Read more…]
For many years in my business, I was obsessed with how I was going to attract more and more business. I attended webinars and conferences, and I read nearly every book, or marketing article that seemed relevant to what I perceived was my most urgent need.
Do you have employees or managers in your organization that seem to always be critical or negative about every decision? I recently ran into someone like this in a meeting with one of our clients.
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