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…
At some point in your career, you may be in a rut, relying on outdated leadership approaches ill-suited to the emergent challenges and dynamics you encounter in your organizations and industries. In other cases, a job change may usher you into an unfamiliar organizational environment or industry, leaving you to…
If I asked you, "What is your legacy?" What would you say? Is it your family, your wealth, a foundation you launched, or, if you're an entrepreneur or business owner, the company you created that defines who you are and how you will be remembered?For many in the business world,…
Michael Palmer, CEO of McConnell's Fine Ice Creams, is on a mission to revitalize a legacy brand without losing its cool factor.The ice cream brand has been around since 1949, but Palmer took it over in 2012 and knew he had to tread carefully by respecting the brand's deeply loyal…
As an entrepreneur, you're constantly juggling multiple responsibilities and making crucial decisions that impact your business's success. One of the most critical aspects of this journey is managing your finances effectively. Strong financial management not only ensures your business survives but also helps it thrive in the long run.Whether it's…
In recent months, the job market has sent mixed signals, particularly for college graduates. According to the Bureau of Labor Statistics' latest report, the pace of hiring is down to levels not seen since 2009 in business and professional services. Unemployment rates for recent grads have risen, challenging young professionals…
In the ever-evolving world of business, entrepreneurs are often admired for their ability to innovate, adapt and create. But what truly sets successful entrepreneurs apart from the rest? While the paths to success may vary, certain key traits consistently emerge among high-achieving business leaders. These traits provide insight into the…
The town of Canton, Connecticut, population 10,124, has been trialing a four-day workweek for its employees for nearly a month — and so far, it's been a success.On September 16, the town's non-unionized employees who work in the town hall, social services, and senior services began getting Fridays off."I wanted…
According to a think tank at IBM, 40% of the workforce will need to be "reskilled" in the next few years. You may have guessed already: it's AI that's bringing on such massive change. We could panic at this news (1.4 billion people with the wrong skills), or we could…
This Side Hustle Spotlight Q&A features 20-year-old college student Jacob Shaidle, founder of Ontario-based barbecue cleaning business Shaidle Cleaning. Responses have been edited for length and clarity.Courtesy of Shaidle Cleaning. Jacob Shaidle. What was your day job or primary occupation when you started your side hustle?I was a 15-year-old high…
When tensions escalate, the words we choose, the tone we use, and the body language we display become even more crucial. In these situations, nonverbal communication plays a pivotal role — it can either help bridge the gap or deepen the divide between opposing viewpoints.Related: How to Handle Disagreements RespectfullyMastering…
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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