If the reward system is thoughtfully designed and carefully implemented, it harnesses the behavior and performance of everyone in the organization. A badly structured executive reward system negatively affects executives and non-executives. It has serious behavioral and psychological consequences on the executives’ performance and the whole organization. There is no doubt that the executive reward […]
All of us have been conditioned and influenced by our parents, friends, teachers, and colleagues. Therefore, most of us have been pressured to pursue certain things in life which probably did not add any satisfaction and value to our lives. The power of purpose is in refocusing and realigning our deepest passions, desires, experiences, and […]
Anyone can think, plan and design, but execution requires a strong will to make it happen. Most of us fail to achieve our projects not because of the lack of resources, but due to the lack of will and determination to do so. Success is the ultimate test of our perseverance.
Skipping one deadline permits us to skip another one. It is like skipping a diet and returning to our old bad eating habits. The power of consistency is powerful. Discipline is a king. If we stick to the new rules and obey them, it builds a momentum that encourages us to keep up the good […]
Great businesses are measured by their leaders’ purposes in terms of their clarity and consistency. It is the leader’s purpose that draws the big picture for the whole business, its broader contribution, and its final impact. This is the core of leadership. If the impact is positive, the business purpose is sound, if it is […]
Most managers have learnt the skills of managing capital, assets, or systems but they have never been taught how to inspire and look after people. What they have learnt is the art of management and the ability to generate results that are interpreted as beneficial to the senior management. Leadership presents a fundamental task: How […]
What is the difference between the financial crisis of 2008 and COVID-19 pandemic of 2020? In 2008, many corporations and investment banks went bust. The ensued financial seizure has wrecked havoc globally. In 2008, the US Federal Reserve allowed some banks to go bankrupt, like Lehman Brothers, and saved others to seize up the system. […]
One of the most startling features of our human race is our ability to relate, develop an affinity and attachment to each other. Recently, I met a couple of friends whose human skills have badly deteriorated. Business and busyness are their excuses. Most people are busy minding their business, yet their level of communication is […]
The number of leaders who are purposeless and they are consciously aware of this is staggering. The impact on everyone around them is huge. If you do not know what you stand for as a leader, sorry to tell you that you your leadership journey has come to an end before it starts. Shouting your […]
Most leaders treat their cultures as a by-product. Employees and customers often describe or talk about a great experience which they had with this company or that company. Culture is a brand. Leaders must fixate their sights on thoughtfully designing their organizational culture to be the brand that truly reflects what they stand for and […]
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