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As a business owner, you know what it’s like to lie awake at 2 a.m. Maybe it has happened when you are excited and full of new ideas for your business. More often, it’s because you are worried about issues you will face the next day. Sometimes, it’s because you just woke up with the solution to a problem. I’ve experienced all those emotions about my businesses over the years. Awake at 2 o’clock? is where I share them with you, and hopefully help with answers that will let you sleep.
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Tag Archives: entrepreneurship
Key Performance Indicators
I developed this piece for my peer group clients in The Alternative Board® A number of them have said it’s greatly clarified their understanding of what Key Performance Indicators were, and how to approach them. So I share it here… … Continue reading
Is It Time for Courage?
A friend of mine occasionally shares his copy of EcoTrends®. This research newsletter tracks 41 different economic indicators. Since I’m not actually a subscriber, I refer you to their site if you’re interested in the details of their analysis. The … Continue reading
Is Less Bad Good?
The government is proclaiming the beginning of the beginning of the end. “Only” 540,000 new people lost their jobs last month, instead of 620,000. The somewhat panicky tone that has characterised these communiques continues. A one month drop, especially following … Continue reading
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All for one…one for all
The individual incentive, whether monetary or non-monetary, seems logical. It fits best with sales people, who are the most familiar examples when we think of employee incentives. What kind of people would work harder for a group incentive? Actually, there … Continue reading
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All for one…me
Continuing the discussion on employee incentives. We have four possible combinations for incentives, monetary/group, monetary/individual, non-monetary/group and non-monetary/individual. How can we determine which incentives will work best? Sometimes the answer is trial and error. There are many good reasons to … Continue reading
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