“FULFILLMENT IN CHALLENGING TIMES” LXXXIV

Management Rewards, Management Strategies No Comments »

Managers must be sensitive to the shared dynamics found with staff members during challenging economic times. We are not an island and likely the same concerns and impact of adversity touches all members of our team. We must think globally rather than from an isolated perspective. Meet with team members both as a group and individually if for no other reason but to be candid current dynamics, but more importantly to simply say “Thanks.” Small victories should be acknowledged and built upon for inspiration.

CONTINUE READING

“DO YOU REALLY MEAN CHANGE?” LXXXIII

Management Rewards, Management Strategies, Sales Strategies No Comments »

These are challenging times for American Business. Change is in the air; are we inspired or threatened by this prospect? More importantly, if we truly have bought in, do we really mean it? It is much more common to fight for ones comfort zones than to truly embrace change. Three questions come in to play for effective change. Is the inspiration behind this change consistent with the current evolution in the marketplace? Does this new objective inspire and renew you? Finally, and perhaps most significantly, is this a concept you can personally endorse and sell as if it were your own? These are the key elements of sound and productive change.

CONTINUE READING

“DEFINE YOUR ROLE” LXXXII

Management Rewards, Management Strategies No Comments »

The role of the manager and the role of the company are not the same. It’s easy to get caught up in doing what you’ve always done, but it’s time to detach yourself from the day-to-day oppressions; you can’t “do all and be all.” Start by delegating the least productive aspects of what you do. Hold a meeting with your staff to formalize your “new” role within the company, and announce your new role, along with a list of new contact personnel, to those with whom you will now work less. Focus on what’s really important personally and professionally. No one should want this more than you.

CONTINUE READING

“THE LINE BETWEEN ADVICE AND CONSULTING” LXXXI

Consulting Strategies, Management Rewards, Management Strategies No Comments »

Giving casual advice over lunch is not the same as assisting parties whose objective is to gain personal or financial advantage from your expertise. First, establish the value of your time and expertise, and then address your established compensation rates early on. Several ways to approach your fees are: Hourly/Daily, Retainer, and Shared Risk/Shared Reward. Each has benefits and challenges, but each offers alternatives for professionally assisting others and dealing with those looking for a free ride.

CONTINUE READING