Wednesday, September 19, 2012

Value & Opportunity


Adding value is an essential component to any organization and its members. The organization must seek to add value to its stakeholders such as customers, employees, and its surrounding community. In addition, members should work to add value to their organization, their peers, and those they serve.

What does value mean, what kind of value should added, and at what cost? Too many organizations today strive to be lean demanding more from their members for the same level of compensation. These same organizations site the economy as the reason behind their practices. But what happens once the economy recovers at a stronger more rapid pace and these overworked employees simultaneously decide to  move on to another company? There will be little fat left to heal the wounds and revamp the business.

Current economic conditions presents more of an opportunity to deepen the relationship and strengthen the commitment and buy in of organizational members. Organizational leaders should embrace this and give their members opportunities to innovate and explore new profitable ventures. People have tremendous power to reinvent an organization and find new ways to add value to the world around them if given a genuine opportunity. 

Wednesday, September 12, 2012

Planning


We all know proper planning is critical to success. But why do so many businesses operate with such little planning? Many leaders tend to operate under the “fly by the seat of their pants” mentality. The problem with this process is the impact of the decisions made by business leaders on their employees, the surrounding community, and everything else they are connected with.

 As a business leader are you aware of how connected you are with your surroundings and the true impact of your decisions? Do you take your connection with your surroundings into consideration when planning ahead?