ChangeThis RSS
"The U.S. business community is facing a war of intelligence attrition. Fortune 500s will see countless experienced knowledge workers walk out the door over the next two decades. The U.S. Armed Forces are losing millions of officers and key personnel to retirement.
For even those companies that thrive on innovation, the numbers are daunting—and demand action. Some 900,000 white-collar workers from the Executive Branch of government, and another 5,400 federal executives, will be up for retirement over the next decade, according to a study from Tandberg.
A McKinsey Quarterly survey found that the Baby Boomer generation is 'the best educated, most highly skilled aging workforce in U.S. history.' Though they're 'only' about 40 percent of the workforce, they comprise more than half of all managers and almost half of all professionals, such as doctors and lawyers.
Many are preparing to leave—and American leadership isn't prepared to lose them."
Continue reading
"While it takes skill and practice to be a great persuasive speaker, anyone can do it. It's all about understanding your role as a speaker, knowing the audience you're talking to, and appealing to your audience's hearts and minds. In order to best accomplish this, the world's best speakers use a variety of arguments and strategies, most of which can be summed up into the three rhetorical appeals: ethos, logos, and pathos. When used effectively, these three appeals can be powerful tools for achieving a speaker's persuasive goal."
Continue reading
"Change is the essence of succession. The challenge for the family business successor is answering two questions: What needs to change in order for our family and business to survive and grow, and what do we need to hold onto that is the foundation of our culture and our success. These questions are the source of the natural tension between the generations in the succession process.
The reason that this is such a challenge for a family business successor is that when you are born into a family business, you are born into a story that is already being told. You are born into the shadow of your parents and grandparents. The challenge then becomes the expectation that you will live up to the successes of your forbearers, which can feel like a daunting task."
Continue reading
"Delivering a pitch, whether from a platform or across a boardroom table or over coffee at Starbucks, you are on stage.
You need to tap into the actor in you. Connecting emotionally with a large group or a single interviewer in conversation, calls for a performance that reaches out, bringing emotional resonance to the words. Actors start off fully confident in their brilliant scripts written by a William Shakespeare or a Tennessee Williams. They are not worried about their content. All they are concerned with is how they can make their script come alive to their audience."
Continue reading
"It's natural to expect that many young companies fail, but what's remarkable is that in an overwhelming number of times, they fail from avoidable mistakes. Of course sometimes events occur that could never have been predicted—such as the loss of a key founder, or an unexpected government action that eliminates the need for the product—but these events are rare in our experience. This is a manifesto about the company killers that every CEO needs to avoid."
Continue reading