Before the 2008 recession, large corporations took pride in buying back shares of their own organization. This financial reengineering was a great way to boost earnings and attract shareholders. As a result, the stock price would rise. However, while billions of dollars were spent buying back shares, opportunity costs were being created. It could be said that share buy backs create
Tuesday, August 8, 2017
Thursday, July 27, 2017
In a rapidly changing world, the ability to transform self is essential. While most believe change is difficult, there are exercises that you can incorporate into your daily life to facilitate transformation. This video explains the basics.
See demonstration of an effective exercise.
Tuesday, July 11, 2017
In a previous article, I wrote about the importance of being able to change. That article focused on the need to transform individually and enterprise wide. Neuroplasticity is the technical term given for making paradigm shifts in the brain. In a book called, The End of Competitive Advantage, by Rita Gunther McGrath, she talks about how market dominance can be fleeting. Companies unable to quickly change can
Tuesday, June 27, 2017
Every healthy brain has neurons. Those neurons store and carry information tied to your thoughts, education and experiences. Those neurons travel on paths in the brain, which are called neuropaths. The information the neurons carry helps you move, speak and think. In addition, those paths help you make sense of the world and relate one topic to another. For example, you can use mathematics to assess the amount of
Thursday, June 8, 2017
Tuesday, June 6, 2017
When people think of integrity, they think of ethics and morals. For the purpose of this article, integrity is doing what you said you would do. And doing it when you said you would do it. One definition is: the state of being complete or undivided. Integrity is a way of being whole and complete. Without integrity, things tend to remain in a state of
Tuesday, May 30, 2017
It’s been a while since I’ve spoken with the man I consider to be the wisest in the world. As usual, he filled my ears with his perspective about life and people. Today his concern was about a built-in trap that is part of the human paradigm. He said this trap is one that blinds people and makes them believe in problems that don’t
Thursday, May 18, 2017
Tuesday, May 2, 2017
It could be said that Michael Jordan changed the game of basketball. Steve Jobs changed the game of cell phones. There are many more examples of game changers, like the Wright Brothers or Thomas Edison.
In the case of the Wright Brothers, they pursued a goal in the face of being
Tuesday, April 18, 2017
When your company is doing well,that is the time to orchestrate transformation. These are the immortal words from a former CEO of a Fortune 500. However, too often, CEOs are so focused on maximizing profits from existing revenue streams. As a result, when a competitor introduces a disruptive product or service, the incumbent is not prepared. That leads to being
Tuesday, April 4, 2017
From the perspective of business executives, there are two ways to grow an enterprise: build or buy.
They ask whether it is appropriate to build a new business idea, product or service from scratch. Or should the company buy an existing corporation that already provides the desired product or service?
The answer to that question: it depends. Either way, the solution is never simple.
Often, purchasing another organization is an
Tuesday, March 21, 2017
Most of what is taught in business school has a focus on steady, incremental improvement. I don’t want to throw that out. I do, however, suggest that businesses can create quantum leaps. And the difference between the two processes is what defines leadership.
So, where do I start? I ask: What’s the difference between a manager and a leader? Managers become managers because
Tuesday, February 28, 2017
As a society, we continuously contemplate the meaning of life. In trying to define the reason for being, we attempt to understand the purpose of our own lives. That said, how do you know your purpose?
Some believe that purpose can be derived from
Tuesday, January 31, 2017
When I first meet with a client, I tell them something profound. Within the first 20 minutes of that meeting, I tell them they are still making decisions as a five year old. In every single case, they tell me that that does not apply to them. Over the next 90 minutes, they say something different. They come to the