Business Decision Making

The Perfect Compromise. How Self-Compassion Released Me from a Perfectionist’s Nightmare!

When my wife first expressed an interest in creating a new pathway in our front yard, my immediate response was: “That’s a great idea – I’ll save us some money and do it myself!” I love yard work. I enjoy being outdoors and working hard to keep things looking good. Being a perfectionist, my preparation for the job was pretty intense. Many hours were spent measuring, designing, … [Read more...]

Is Your Team Data Proficient? Take This Assessment and Find Out

The most successful companies in the world are data-driven. They use data to make better decisions, innovate faster, and beat the competition. As the world also becomes increasingly dominated by technology, this creates a perfect storm for companies and executive teams. Yet they’ll be able to deftly weather the storm if they become proficient at skillfully using data. Data … [Read more...]

6 Rules for Making Smarter Business Decisions

At its core, running a business is really just making a series of decisions. This can be a lot harder than it sounds, especially given the high stakes for seemingly every call you have to make as an entrepreneur. On top of that, you need to be able to take risks and make big swings, and knowing exactly when to do that is tricky. If you want to get better at entrepreneurship and … [Read more...]

The Story of the Girl on the Wing

In a classic episode of Rod Serling’s Twilight Zone, “Nightmare at 20,000 feet,” Bob Wilson (played by a very young William Shatner) is on his first flight since his nervous breakdown six months earlier. At 20,000 feet, he repeatedly sees a creature on the wing, but whenever he pointed the creature out to someone else (his wife, the flight crew, fellow passengers), the creature … [Read more...]

“Digital Help” Gone Bad… and Lessons on Adopting New Technology

There was a time when digital had nothing to do with bits and bytes. Yeah, those were the good old days when digital help in medicine meant probing fingers. And it killed US President James A. Garfield. True story. President Garfield was shot on July 2, 1881 by Charles J. Guiteau because, wait for it, Guiteau wanted a consular position in Paris. Yes, I know that makes you … [Read more...]

When to Crowdsource and When to Make an Executive Decision

Leadership is complicated. While a good leader will always solicit and consider input from the team, there are also times when a decision needs to be made quickly and firmly without outside influence. Deciding when to use each of these approaches is one of the hallmarks of good leadership. So, how does a leader know when it's best to crowdsource a decision and when to wield … [Read more...]

How to Make Decisions With More Confidence and Less Stress

From the minute we roll out of bed in the morning, we’re riddled with decisions. How many cups of coffee should I have? What should I eat for breakfast? Should I even eat breakfast? What should I wear? How should I style my hair? What time do I need to be out the door to make it to my first morning appointment on time? And on and on and on. Luckily, most of these are easy … [Read more...]

What is a Mission Statement, and How is it Different Than a Vision Statement?

A mission statement, which is different from a vision statement, defines the purpose and objectives of a company in the present. A mission statement explains why does the company do what it does, for whom and how. Its focus is on the present leading to the future. The main purpose of a mission statement is to guide the day-to-day decision making by defining the purpose and … [Read more...]