business

Posted on September 17, 2019 by admin

The Simple Question That Can Make or Break a Startup

Jonathan Knowles/Getty Images There’s an unassuming restaurant in Dallas called Chop House Burger, home to handspun milkshakes, truffle parmesan french fries, and six innovative burgers. It’s an eight-year-old restaurant in an industry where 80% of new entrants fail in the first five years. And stitched into its origin story is a clue to why some Read More

Posted on September 17, 2019 by admin

Why Western Digital Firms Have Failed in China

Paper Boat Creative/Getty Images Many leading American digital firms, including Google, Amazon, eBay, and Uber, have successfully expanded internationally by introducing their products, services, and platforms in other countries. However, they have all failed in China, the world’s largest digital market. The widely touted reasons for these failures include censorship by the Chinese government and Read More

Posted on September 17, 2019 by admin

When Is Teamwork Really Necessary?

Caspar Benson/Getty Images Most leaders assume that they need to foster teamwork among the people whom directly and indirectly report to them. Teaming is now seen as the workplace equivalent of motherhood and apple pie — invariably good. The problem is when leaders try to drive the wrong kind of collaboration on their particular teams. Read More

Posted on September 17, 2019 by admin

How to Email Someone You Haven’t Talked to in Forever

Steven Puetzer/Getty Images At some point in our careers, we find ourselves in need of help from others — whether it’s to make a direct connection to a hiring manager, to gather information on a prospective client company, or to get help in learning about a new industry quickly. However, over the years, we often lose Read More

Posted on September 17, 2019 by admin

Why Adding More Products Isn’t Always the Best Way to Grow

Justin Case/Getty Images Back in 2006, McDonald’s saw its growth stall. The fast-food chain decided that the problem was its limited menu, so it tried out a great many new items and ended up doubling the offerings. But sales hardly budged. Finally, in 2016, it took a new tack. It went back to basics, dropped Read More

Posted on September 17, 2019 by admin

Can You Afford to Change Your Career?

anniepaddington/Getty Images Who wouldn’t want a meaningful career and better balance between work and home? For many of us, it’s finances that keep us from making a career change. Sure, our current job has lost its spark, but it’s stable. Dependable. Reliable. Steady. We worry and wonder: What would a career change do to our Read More

Posted on September 17, 2019 by admin

Having a Growth Mindset Makes It Easier to Develop New Interests

Rafael Ben-Ari/Getty Images Steve Jobs’s vision for Apple was rooted in the belief that the arts and sciences do not live in isolation. They complement and enhance each other. John Lasseter, chief creative officer at Pixar, echoed this sentiment stating, “Technology inspires art, and art challenges the technology.” But even though integrating these areas can Read More

Posted on September 17, 2019 by admin

Give Your Team the Freedom to Do the Work They Think Matters Most

Michael Steffen / EyeEm/Getty Images Since at least the time of Frederick Taylor, the father of “scientific management,” control has been central to corporate organization: Control of costs, of prices, of investment and—not least—of people. Control, even a perception of it, can be comforting. Moreover, it feels like what a manager should be doing: Setting Read More

Posted on September 17, 2019 by admin

Why I Encourage My Best Employees to Consider Outside Job Offers

Stan Tekiela Author/Getty Images Every day we get new reminders of just how tough the war for talent can be. It isn’t enough to attract the greatest employees — you have to retain them. That’s become a bigger challenge with “job hopping” on the rise. One survey found that 64% of workers, and 75% of those Read More

Posted on September 17, 2019 by admin

Make Sure Everyone on Your Team Sees Learning as Part of Their Job

Jens Magnusson/Getty Images As an executive coach, I speak regularly at corporate leadership development programs. During discussions, participants often confess the real reason they’re in the room, and it’s rarely “to grow and learn.” Time and again, the reasons include: they are checking a box on their development plan, their manager told them to come, Read More

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