Establishing your vision for your business is the first step in developing a solid strategy. Vision is the inspirational engine that drives strategy. Your company’s vision should be a realistic statement of aspiration based on what you are today and what you want to become in the future. It should be practical, targeted, and measurable,… Continue reading 5 Steps to Create Your Company’s Vision
Makarios Consulting Blog
Tag: leadership
Communication: Let’s Be Honest
Honesty and open communication are two vital ingredients to good communication. As leaders, these qualities are essential to building any type of healthy business –or personal – relationship, and they go a long way toward developing a flourishing business culture. What exactly do we mean by honest and open communication? One way to look at… Continue reading Communication: Let’s Be Honest
It’s Always Been a Matter of Trust
In our work with leaders around the globe we continually emphasize how crucial it is for leaders to build trust with their followers. Without trust, leaders are unable to build strong relationships, keep followers engaged, or establish a shared vision for the future. In a recent employee survey we conducted for one of our clients,… Continue reading It’s Always Been a Matter of Trust
Take Off Your Rose-Colored Glasses
We see what we want to see. We’ve all heard that phrase and it applies especially to leaders in business. For a business to be successful – and remain successful – we as leaders must make sure to avoid falling into a complacent mindset. When business is improving, it becomes especially easy to convince… Continue reading Take Off Your Rose-Colored Glasses
Who’s the Adult Here?
Last week, we touched on the sometimes-dysfunctional dynamics of family businesses and the importance of maintaining professional relationships in the workplace. In non-family businesses, we often discover similar challenges, especially as they relate to interactions between employees and their direct supervisors. One interesting theory used to examine workplace interactions comes from psychiatrist Dr. Eric… Continue reading Who’s the Adult Here?
Keeping It All in the Family
Nearly 70% of family businesses would like to pass the reigns on to the next generation. Unfortunately, only 30% will succeed, according to recent statistics from Peak Family Business Survey. Why is it so difficult for families to transition their businesses to the next generation? Here are three common issues that can sabotage success:… Continue reading Keeping It All in the Family