The five hidden traps in decision making – and how you can avoid them

Being a strategic leader isn’t easy. Every day you’re faced with multiple decisions, knowing that a single mistake can damage both your company’s fortunes and your own. These choices can also have a serious impact on team morale, with studies showing that poor managerial decision making is the number one reason for employees handing in their notice. Meanwhile, scientific research has revealed several psychological traps hardwired into our brains can affect the decisions we make. So let’s look at these pitfalls and how you can avoid them. 1. Sticking with the status quo and the fear of upsetting the balance People inherently fear change. Either consciously or subconsciously, we don’t want to upset a perceived balance in business or life. [...]

By |September 6, 2018|Categories: Entrepreneurship, Leadership, Training|0 Comments

Decision making and information flow: The keys to powerful strategy execution

Congratulations. You’ve devised a brilliant new business strategy with clear goals and objectives, and the only way is up right? Not necessarily. Executives and managers frequently spend a lot of time forming the master plan but almost none making sure their employees follow through. Indeed, Harvard Business Review (HBR) cited research which surveyed over 125,000 people in more than 1,000 companies, which found that even those who do attempt to guide their employees through strategy execution, place emphasis in the wrong places. What gets left out? Decision-making and information flow. Usually, when companies fail to execute their strategy, the first thought the management team has is to restructure. But research shows that the foundation of great strategy execution starts with deciding [...]

By |August 7, 2018|Categories: Entrepreneurship, Leadership|0 Comments

5 ways your strategy execution is letting you down (and how to solve it)

A sound strategy is the key to business success. Without it, we flounder and fall short. Because it’s the plan of action your business needs to grow in a manageable and sustainable manner. It’s setting out what you intend to do (and not do) in order to build your company’s market value, enhance its commercial standing and increase its revenue and profits. It gives your business direction and the means by which you intend to move in that direction. In short, it’s the reality check you need to turn a dream, an idea, a vision into a viable business. Most companies have a strategy in place, but forget to pay attention to the execution of that strategy. With studies showing [...]

By |June 25, 2018|Categories: Entrepreneurship, Leadership|0 Comments

The power of young entrepreneurs and how to nurture them

When you stand up in front of a classroom and impart knowledge, you have genuine power. So educators can make a real difference to the future lives and successes of their students. It’s not as simple as merely equipping them with the necessary tools. Instead, it’s about identifying their innate talents at a crucial age and supporting them so that they might grow into the entrepreneurs and leaders of tomorrow. So, how can you do this? Well, there are some remarkable tools, resources, and methods you can apply. The data shows young people really are our future What makes a successful entrepreneur? It may never have been a question you’ve pondered before now, but take the time to do so. [...]

By |July 18, 2017|Categories: Education, Entrepreneurship|0 Comments

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