Business
Eliminating the Barriers to Change
How do you convince your workers to go along with a change? Employees are typically resistant to change because they have grown comfortable to doing things a certain way. It’s hard for them to see the benefits in fixing what doesn’t seem broken. But that doesn’t mean it has to turn into a battle every time you change something. In fact,...
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The Bridge that Truth Burned There’s a well-known idiom in the business world that has been...
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Managing Excessive Debt: It All Begins With A Plan Serious debt problems arise when the amount you owe is out...
It was once wisely observed that “Success is not measured by what you are compared to others; success is measured by what you are compared to what you could be.” (Bill Gothard) If you haven’t yet watched the short film “Buried Talent,” please take a look. It illustrates two common problems: One, comparing ourselves to others … and two,...
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Bad decision making strategies lead to bad decisions and bad consequences. If you work in the business world, you've likely witnessed the consequences of bad decisions made by a company president or CEO. But you don't have to work in management for your decisions to have a big impact. Just ask former Barings Bank employee Nick Leeson, whose poor...
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How can we become more effective leaders? Often when we think of leadership we think of CEOs of major corporations, or politicians who are responsible for leading their countries. However, we are all leaders in some respect. There are many areas of life where having good leadership skills can help you make a huge impact, without having the letters...
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Forty years after his tragic death, President John F. Kennedy continues to fascinate. A new JFK biography hit the bestseller lists. His relatives -- America's royalty to some -- are frequent newsmakers. An intriguing facet of his legacy involves his decision-making procedures. Some brought great success, others colossal failure. In 1961, after...
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Recently, NHL hockey star Ilya Kovalchuk turned down a contract offer of $101,000,000 (that's a hundred and one million dollars) over 12 years. His team, the Atlanta Thrashers, had no other option: they traded him. (Source: MSNBC) If he had accepted the contract, it would have made him the highest paid player in the NHL, generally considered...
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Unfortunately, it doesn't sound like the economy is going to get better anytime soon. Today it was announced that the world economy is projected to contract by 1.3 per cent this year, which makes this the most severe recession since World War II. (Source: CBC) It was also revealed today that the Chief Financial Officer of Freddie Mac Corporation,...
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Financial situation got you down? Get a listening ear with a confidential email mentor Lately the economy is big news. As someone who discusses personal finance I'd have to say that the discussion is good. But, if you add up all the news reports (print, radio, television, internet) you wonder whether Jane and Joe Consumer are really learning anything....
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