Are you essential? That is the question that is on everyone's mind. The definition of what it means to be a essential has become critical recently. This definition will determine how people will be spending their days in the weeks to come, and will likely change the...
Your employees are your brand ambassadors. What are they saying about you? Sixty percent of the U.S workforce leave their jobs each year, and approximately two-thirds of them are voluntary departures. This is troubling news for your New ROI: Return on Individuals....
According to the Family Business Resource Center, family-owned businesses employ 60% of the U.S. workforce and are responsible for 78% of new jobs created in the U.S. However, generational transfers of ownership are extremely difficult. For example, just 30% of family-owned businesses successfully pass from the first generation to the second generation, while only 12% of family-owned businesses successfully pass from the second generation to the third generation. It is also disturbing that 47% of family business owners expect to retire in the next five years but do not have a succession plan in place.
Maximizing shareholder value is generally accepted as the benchmark for determining the success of a business. While there may be several paths to value creation, one clearly measurable path is through maximizing profitability. You don't need a MBA in finance to know...
An entrepreneurial tale of millennial success.
The ability to bounce back from adversity is an important quality to possess. This is true in sports, in business, and in everyday life. Some people call this quality toughness; some call it grit. Another term for this quality is resilience. There are vast bodies of...
Van Halen is a band that is known for a hard-driving sound that featured the guitar wizardy of Eddie Van Halen and the vocals of their iconic front-man and lead singer, David Lee Roth. They are also known for some rather dramatic changes in personnel, as well as a...
Do you believe in miracles? Those words, uttered in the final seconds of the game, memorialized the great, and improbable victory by the U.S. hockey team over the Soviet Union during the 1980 Olympics. It is a great story of a group of underdogs pulling together as a...
Forty years is a long time for anything, let alone holding the same position within the same organization. Forty years is an especially long time when that organization is a rock band. What does it take to remain together, be creative and still like one another after...
Innovation is often born from small things, and it requires a fundamental element to exist within an organization’s culture
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