Start benchmarking in five minutes

The hardest part of starting to track your performance is to just start. So, just start quick and dirty. It’s worth it — you’ll dramatically boost your odds of achieving your goals by spending 5 minutes setting up benchmarks.

In today’s workforce, a high IQ isn’t enough

About 53% of CEOs said that they see a lack of skills as a major challenge facing their organization. Nearly 55% of workers feel pressure to acquire new skills. But here’s the catch, only 25% of them actually feel like they are getting the support that they need. It’s simply not working. We’re not preparing for the future if we don’t invest in the present.

4 steps to faster, better strategic planning

For 10 years, Jill struggled to make a profit. At over $8 million in sales, her specialty call center should have been providing her with annual profits of 8-12% or between $640,000 and a million dollars. Instead she paid herself a “good-enough” salary and saw profits trickle in at 1/2% — just $50,000.  She didn’t own a business, she owned a job. Jill had done strategic planning of the “blue sky” variety many times. That kind of planning is worthless, says leadership expert Tom Cox.

HP and Microsoft just aren’t fun

HP’s profitability is getting crushed and Microsoft’s Windows 8 gamble hasn’t exactly revolutionized the computing world.  Each of these companies has pursued a misguided path in the name of “strategy”.  The truth is that this direction wasn’t a viable strategy for either company because it didn’t address the real problems either one faced.