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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.
John F. Dini, CExP, CEPA
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Small business owners are the Hunters of the 21st century. We are 3% of the US population, and yet we create over half of all American jobs. As Hunters, we may not be inclined to manage by the numbers or stick to systems. Are you a Hunter or a Farmer?
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How prepared are you to exit your company?
The Assessment breaks down the four major categories of exit readiness; Finance, Planning, Operations and Revenue/Profit.
Tag Archives: hiring
Regulation: Between a Rock and a Hard Place
True story: A fortune 500 company implements a new wellness plan for employees. It’s designed by consultants who use the Affordable Care Act (Obamacare) as a template. Workers are incentivized to get regular exercise, quit smoking and lose weight; with … Continue reading
One Response to Regulation: Between a Rock and a Hard Place
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Do Titles Make Leaders?
You’ve promoted a great employee beyond his capabilities. He is putting in long hours, but appears unable to keep up with the new responsibilities. In fact, he doesn’t even seem to understand what those responsibilities are, or what they should … Continue reading
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Do Leaders Need Titles?
When should an employee be promoted? Over the years, I’ve often had this conversation both within my own companies and with owner-clients. An employee is handling responsibilities above his or her official job description. We naturally want to acknowledge the effort, … Continue reading
4 Responses to Do Leaders Need Titles?
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Great post John:
I fully agree, Promotions are much better received when they are “earned” in the hearts and minds of the peers. Although, this can’t always be the case; it is ideal whenever possible.
Far too many times in the corporate world I have seen promotions given that were not deserved; ultimately demoralizing key members of the organization.
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From my experience a title and $5.95 will get you a cup of coffee at Starbucks. A leader creates an emotional link with his workplace team and excels without a change in business cards.
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i agree mostly, John, but where I disagree is where an inappropriate title and/or job spec leads others in the organization to resist and even undermine the efforts of a leader to the point of doing damage. Good Leadership qualities will generally motivate the team and help them see the virtues of the results being sought, but in most organizations, there are those who refuse to see the light and are only interested in protecting their turf and “superior” level in the organization. An appropriate title and job spec makes the role of the leader clear to all.
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Great post and great discussion.
Shows it not such an easy decision. Different things motivate different people – some the title, some the money and some probably all the recognition
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The Luxury of No Resources
Among the Baby Boomer business owners who are beginning to plan their retirement, there are millions who founded the companies they plan to sell. Many of these were technicians when they started. They began as employees, and then used their … Continue reading
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The Disconnect Between Skills and Jobs
A Gallup/Lumina Foundation Poll released a few weeks ago is getting attention in the business community. In a survey of 623 business leaders, most said that higher education was important, but where an employee earned a degree, and what the degree … Continue reading
3 Responses to The Disconnect Between Skills and Jobs
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I am also aware that a very large nimber of successful companies are started by people that have no particular education but have a belief in themselves and their abilities and go ahead in the wider marketplace in spite of ” no education” . In fact in my experience I have seen may qualified people totally able to think productively for themselves. I have also seen many untrained and uneducated personal really achive if given the right support and oportunity. I therefor do not believe there is a hard and fast rule but a need to really have a very good look at what is wanted and expected and chose the right cloth for the right suit and not just stick to one size fits all.
Further to this is that I think that the young are sold the idea that a education is going to give them the right to a job of their wish and a good education will gaurentee a salary to suit. However there are not enough positions available any longer as the world become increasingly more crowded with quailfied graduates , less jobs and more automation.
Given this situation the responsibilty of choosing the right person it is becoming more clouded. -
It sure would be a step in the right direction, if the Public Colleges would direct our tax payers $$ into degrees programs for which there are jobs, and reduce the $$ in degrees programs for which there are few jobs. Just like a business they should try to created an inventory of graduates that can be sold, make a good living, pay taxes, and donate back to their college. If someone wants to study in field in which their are few jobs, let then go to a private college. We do not need to be using our tax $$$ educating citizens into a field which there are no jobs.
John
Welcome back – and as usual another great article – batting 1000
Frank