6 Tweaks on Strategic Planning
Before you start your annual Strategic Planning ritual, instead of repeating the usual process, I urge you to think about the entire approach a bit differently…
Updated: The Purpose of a Corporation
US CEOs flip flop and decide corporations aren’t only accountable to shareholders from The Hustle August 20, 2019, 181 American CEOs in the Business Roundtable (BRT) issued a statement that changed “the Purpose of a Corporation” from simply providing value to shareholders to instead benefiting many stakeholders including customers, employees, suppliers, and communities. Sorry, did…
How Much is Your Time Worth? (Excel sheet)
How much is each week, day, hour and minute of your time worth to you? What’s an hour a day for a year worth? What’s an hour saved per weekday worth over a month? From $10,000 – $100,000,000 per year. What’s it worth / cost to clean your house yourself? What’s it worth / cost to watch TV?
Are Your People Stealing Your Vendor’s Loyalty Bonuses?
Are you aware of the loyalty programs offered by your vendors? Have you checked recently or compared the value of the services from these vendors? (With or without the extra perks?) When was the last time you reviewed your employee policies and procedures for your company?
When Announcing Change
Explain How It Will Make the Company Better Changes can make employees nervous. Whether you’re announcing an acquisition, a reorg, or a new HR policy, people often need help processing the information. Make the announcement go more smoothly by explaining the reason behind the change. Give the background on what’s not working and why the…
