Exceptional leaders often excel as skilled storytellers, and for good reason. Once a company hits a certain level of organizational complexity, one of the most important tasks the CEO has is to craft intellectually coherent and captivating narratives about the firm, its purpose, and its performance. Failure in this task means undermining the very existence of the company; a sin…
In 2019, a ground-breaking procedure took place in Sanya, China, where a surgeon used state-of-the-art surgery tools to implant a stimulation device into the brain of a Parkinson's patient.Why is this so remarkable, you ask? The patient was lying nearly 2,000 miles away from the hospital where the surgery was…
With the Society for Human Resource Management estimating that replacing an employee costs businesses between 50-200% of their annual salary, employee retention strategies aren't just feel-good exercises, they're investments.High employee turnover is often a direct result of poor recognition practices. When employees leave, they take valuable institutional knowledge with them,…
Heather Lowery was working as VP of Talent and Touring at Live Nation Urban when a single question altered the course of her life."I was doing a panel, and someone asked what I was doing to support women in live music — and I didn't have an answer," Lowery recalls.…
Effective leadership involves not only team management and acquiring targets, but also personal habits that improve productivity, decision-making, mental clarity and overall well-being. The development of constructive habits allows you to enhance your leadership ability. This article explores five essential leadership habits that, when practiced consistently, can transform an entrepreneur's…
Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. When your business has multiple paths forward, how do you know the right…
As small and medium-sized businesses evolve, a new generation of decision-makers is emerging, known as "Next Gen" SMBs. These individuals, defined as those between 18 and 35 years of age, are reshaping business practices with their openness to innovative solutions, a mix of digital and traditional banking preferences, and a…
Asian entrepreneurs have come far. A professor of entrepreneurship at the Imperial College Business School, Mike Wright, wrote in 2018 that the future of international markets will likely be shaped, "in no small part," by Asia's major family-owned businesses.This development is no small feat when you see the Asian Business…
Building and running a successful business requires a steady flow of revenue and new customers. This is especially true in the beginning stages of building a business. Without a solid client base, you run the risk of financial trouble or drying up your capital reserves. For this reason, entrepreneurs will…
Michel Falcon didn't always embrace his Peruvian roots. As a kid in Canada, he was embarrassed to bring home-cooked meals to school. "I was the only Peruvian kid," he recalls. "I'd bring arroz con pollo in a Tupperware, and the kid next to me with a ham and cheese sandwich…
Rupert Murdoch created and built a monumental legacy over the course of his lifetime. As the founder of News Corporation, Murdoch built a global empire, which includes influential media outlets like The Wall Street Journal and Fox News. However, his succession planning — or lack thereof — has been rife…
In a declining economy, startups face an uphill battle when it comes to securing funding.…
With all of the recent news about artificial intelligence (AI), it got me thinking about…
A while back, I took a couple of my grandchildren on a tour of the…
Startups face numerous challenges on their journey to success, and failing to overcome any one…
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