It might be time to pull the plug on that pet project. "You've got to know when to hold them, and know when to fold them," Kenny Rogers sang in a famous song about playing poker. That's good advice for any leader struggling with change. It's a mistake to give up prematurely, because the middle is always messy. But be sure to heed the 12 guidelines to choose between persistence or pulling out.
According to a new study by the Kaufmann Group, the Silicon Valley isn’t the only location for high growth in recent years. Salt Lake City and Indianapolis are in the top 10 for locations with high growth companies.
We may be happy to eat the food that multinationals make, and fly in their aircraft, and even take the pills they have invented. But many of us say we don’t trust corporations, and we don’t trust the people who lead them.
At Harvard Business School, we are challenging students to think hard about their definition of success and what's important in their lives. Instead of viewing success as reaching a certain position or achieving a certain net worth, we encourage these future leaders to see success as making a positive difference in the lives of their colleagues, their organizations, their families, and society as a whole.
A lasting lesson on how to get the best out of your workforce...management means getting results through the efforts of other people. ..the only way to do that is by treating them with respect and providing them an opportunity to grow.