A three-tiered approach to the monetization of data that follows the framework of Aggregation, Analytics, and Actionable Predictions.
Just about every business is awash in data these days. From data about your customers and their buying habits to data about the market in general, you have an enormous amount of information right at your fingertips. But the question then becomes: how can you monetize that data? Continue reading How to Monetize the Data in Your Business
The best negotiators don’t look for win-win behaviors, they try to find a lose-lose compromise that everyone can accept.
When it comes to negotiating a deal, we have all been taught to try and find a so-called “win-win” solution. But when you watch the best negotiators in action, they actually use a very different tactic. Their goal is to strike what you might call “lose-lose” deals.
Let me explain. Continue reading The Secrets To Lose-Lose Negotiation
Successful people know that there are six kinds of power that you can earn in an organization and only a few of them are given by the company.
What kind of power do you have in your organization? And by that I mean can you get other people to do what you want them to? While it’s become somewhat out of style to talk about whether someone has “power” or not, the truth is that there are people using power to get things done. And if you aren’t, you might be missing out. Do you find yourself not getting promoted or do you fail to get resources for the projects you’re most interested in pursuing? If so, you might need to rethink how people earn power in your organizations while also finding ways to earn more power of your own. Continue reading The 6 Types of Power All Successful People Possess. Which One Do You Have?
What do you do when someone who is unquestionably brilliant is also a jerk?
We all work with someone who is unquestionably brilliant. You know the type: the person who consistently comes up with great insights and ideas and who can cut to the quick far faster than anyone else in the organization. It’s hard not to step back and admire how the person’s brain works.
Continue reading Why Netflix Doesn’t Tolerate Brilliant Jerks
Thousands of hours have been wasted talking about mission statements that are, quite frankly, boring. The best mission statements, are both inspirational and to the point.
Mission statements are critically important to your organization because they drive alignment in your organization toward the vision of what you want to get done. That’s why it should be the inspiration that your organization rallies around. Unfortunately, many thousands of hours have been wasted talking about mission statements that are, quite frankly, BORING!
Continue reading Apple’s Boring Mission Statement and What We Can Learn From It
If you don’t learn to embrace the art of delegation, you won’t be able to build your business. The 70 percent rule gives you guidance on how to do it well.
So when do you delegate a task? This central question stops many CEOs from moving tasks to their team. Continue reading When to Delegate? Try the 70 Percent Rule
A great way to become a better leader – fast
Serving as the leader or CEO of an organization of any size can be a difficult and lonely job. Fortunately, there are many tools available to help you become a better leader–including things like going back to school to get your MBA, reading books, and, of course, learning on the job.
But there is also another way to accelerate your learning curve on your way to becoming a better leader: by joining a CEO peer group.
A CEO peer group is a made up of a group of CEOs, ideally who run companies of similar sizes and complexity, that meet regularly to work through business-related issues. These groups are either facilitated by a member of the group or by an outside professional who has deep business expertise. Continue reading Top 10 Reasons to Join a CEO Peer Group
If you consistently create high value time – you can double your income
If you ask any businessperson what the most valuable thing they can do, they all likely have the same answer: work on their billable hours.
Continue reading Double Your Income by Knowing the Second Most Valuable Thing You Can Do With Your Time
Great leaders and managers know these 3 Simple Steps To Hold People Accountable
There is a common theme that many leaders struggle with: they don’t know how to hold their people accountable. Even if they are great at hiring A players, many leaders still are left with that feeling that their people could be doing more or better work.
Rather than first finding fault with the employee, a great leader looks first at him or herself. And when you take that look in the mirror, you might find that you have not been effective at holding your people accountable for their results.
The good news is that you can rectify this today and become a better leader with the help of three simple steps: Continue reading 3 Simple Steps To Hold People Accountable
With the New Year right around upon us, here are 5 trends that will impact your business in 2018 and beyond:
- Lack of “Place” Accelerates
In the coming year, we will continue to see a diminished importance of the need to have a physical location to work in. Thanks to the widespread evolution of mobile platforms, where we now have high-performance computers in our hands, most of us can now work from anywhere. Continue reading 5 Trends That Will Impact Your Business in 2018 (You Might Already Know No. 3)