Poor Communication costs you, both professionally and personally. One source estimates employee misunderstandings cost organizations $37 billion per year. “Misunderstandings” are defined as: actions or errors of omission by employees who were misinformed (or misunderstood) company policies, business processes, job functions or a combination of all three. Additionally, communication barriers resulting in productivity losses had a cumulative cost of $26,041 per year per worker. Leaders must make a conscious decision to improve. Eighty five percent of our success in life […]
When we think of efficiency, we tend to picture something mechanical like a train–a well-tuned system that chugs along, each part working in unison, creating a beast of unusual power. And it is true that trains are very efficient, which is why when we create teams in our companies, we try to craft the most efficient possible group. Lots of time and money is spent figuring out which teams would have the smoothest dynamic. It turns out, though, that in […]
In the day to day operation of a business, at times you may find that there are tasks that need to be done that aren’t complicated but they are necessary. You may be inclined to push through them quickly without much thought, planning or care. We encourage you to be sure that you aren’t carrying a lazy man’s load, meaning you pile these tasks on and hurriedly go about accomplishing them haphazardly in a rush to get them done. […]
Running an organization is like flying an airplane, although it is not as dramatic. When an airplane has a warning light go on, the crew reacts. In business, too often leaders wait to see what happens…and they wait…and they wait… and by the time the crash occurs, it is too late. We have identified seven typical situations where we see slow death occur within organizations. Leaders in these situations must make changes to get to a new and better reality. […]