Why Articulating A Clear Vision Is Critical For Entrepreneurs?

observation deck

A few years ago I used a phone app, called Shapr, to expand my social circles, to make new connections, learn new things and enjoy a conversation or two. I met aspiring artists and entrepreneurs who were looking to start a business or were already working on one. They shared their stories and inquired into pro-bono consulting to help them with building their ventures.

In many instances my initial question was, “Where do you want to go with this idea and what are you creating?” Oftentimes, my Shapr’s friends could not clearly respond and this, initially, left me somewhat confused. If I was confused from the start, how would their customers (or potential customers) react?

Compelling vision and mission statements have the ability to provide clarity and direction with regard to why a business exists, what purpose it serves and what value it brings to its stakeholders. Not being able to clearly articulate this can obviously make it difficult to get people on board with your ideas.  Read More…

Knowledge Management: Did You Know?

knowledge management benefits

It’s funny how things go in cycles. What was critically important to us last year may not be a concern to us today. And things we used to take for granted, we now cannot fathom living without.

Think about the Internet. Most of us weren’t even aware of it until the mid 90’s, but where would we be today without it? Although I type here from the comfort of my office chair, my office is at home and I rarely need to venture into NYC thanks to technology. My office material comes from Amazon.com and my calls are handled over a VOIP platform. All driven by the web.

Knowledge management is a similar area you’ve probably never paid attention to. Maybe you haven’t heard about it yet, but knowledge management is already affecting how you live and work.

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The Building Blocks of Exceptional Customer Engagement at LEGOLAND

customer engagement legoland

A few weeks ago, my wife and I took our six-year-old son on the requisite pilgrimage to LEGOLAND Theme Park in Carlsbad, California. As an avid LEGO “Master Builder”, my son was beyond excited to spend two days completely immersed in brick-building adventures. As a secret LEGO lover myself, I have to admit, I was pretty stoked as well.

I’d never been LEGOLAND before, so I had an opportunity to experience the park with zero expectations — minus the lingering concerns of crowds and hour-long lines that any parent faces with two days in a theme park.

Not only did our family have a great time; we spent most of our flight home reliving the details. And as we put the pieces of our trip back together, I began to deeply appreciate LEGOLAND’s approach to building an exceptional customer experience for their fans.

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Getting Your Operations House in Order for the New Year

operations in 2017

With the start of the new year behind us, now is a great time to get your house in order from an operations viewpoint. You still need to do all the usual tasks (close the books, update payroll and 401K information, etc.), but should also have on your to-do list tasks like re-visit your employee handbook and take another look at your internal processes.

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The Three Pillars of Every Successful Change Management Plan

successful change management plan

It’s 2017, and your boss walks into your office and says, “We need to restructure four key departments: Finance, HR, Internal Communications and Information Technology into a centralized function to serve all the core business lines globally. The result of the restructuring is vital for our organization because it’s projected to increase our operating margins by as much as 5-6 percent over two years. I need you to lead this effort.”

It sounds like a good idea until you realize the change will involve 5,000 employees in those departments. Oy! Now that’s some way to bring in the New Year! In addition to a solid organization design strategy (hint-hint, stay tuned for my next article), you will also need a change management strategy and plan in order to transition the entire organization to a shared services model.

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5 Ways To Make Infrastructure Planning More Manageable

5 Ways To Make Infrastructure Planning More Manageable

It’s no secret that infrastructure in the United States is in disrepair. One recent study found about 60,000 U.S. bridges are structurally deficient, and that’s just the tip of the iceberg. It seems like everywhere we look, things are falling down around us.

These issues will only become more pressing as populations grow. According to UNICEF, about 70 percent of the world’s population will be living in cities by 2050. That urban growth means our need for dependable, efficient infrastructure is also on the rise.

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How to Overcome the Biggest Barriers to a Lean Office

lean office

Lean methodology is a common sense approach to increasing customer satisfaction, decreasing costs and improving the quality of products and services, concurrently. In order to accomplish this, organizations must create full transparency and be clear about what metrics matter to their overall performance. This sounds so easy and straightforward, so why aren’t we all doing it?

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5 Steps to Successfully Implement Organizational Change

5 steps to successfully implement organizational change

The Government Accountability Office recently reported that the pilot program for the DATA Act, passed in 2014 to increase savings and transparency in federal spending, is still not up and running.

The pilot program had not yet specified a methodology or data to be collected, and its outcomes are unlikely to be scalable. To avoid missteps like these, federal agencies need a change management strategy that involves gathering evidence, meticulously outlining goals, and testing iteratively.

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Solid leadership: Lessons in the Art of the Turnaround From U.S. Concrete

Solid leadership: Lessons In The Art Of The Turnaround From U.S. Concrete

When Bill Sandbrook took over as CEO of U.S. Concrete (NASDAQ CM: USCR) in 2011, he stepped into an organization that was hobbling out of bankruptcy and struggling to turn itself around. What he didn’t realize was just how precarious the situation really was.

A graduate of the U.S. Military Academy at West Point, Sandbrook got his start as a leader in the cavalry, serving 13 years before leaving the service in 1992 to take a job with a building materials company.

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How Collaborative Should I Be During Strategic Planning?

collaborative strategic planning

The short answer is: Very collaborative.

Strategic planning requires hearing from all levels of the organization; leaders, managers, co-workers, and employees. And at the end of the day, key stakeholders have to agree on the final mission, vision, and a set of objectives to align around and track priorities. When more stakeholders have input into the plan, then they are more likely to drive the implementation. That’s why collaboration is critical.

But if it were that simple to be collaborative, everyone would be doing it. So why don’t we?

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