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Building an Institution? Two Things to Consider

Building an Institution? Two Things to Consider

Are you transitioning from a one-man-company to a full-fledged institution? Are you serious about training & development and succession planning? Then you must develop two documents urgently: Standard Operating Procedure (SOP) and Departmental Training Plan. The...
Pay Attention to Your Staff’s Learning Curve

Pay Attention to Your Staff’s Learning Curve

Here’s why you should have a learning time frame when you train staff for critical skills. First, understand that each person learns at a different pace. Second, provide the necessary tools or resources for training. Third, allow for eventualities in personal...
Building is Hard

Building is Hard

I’m helping to build a new institution on a volunteer basis. I sit on the Board. Every now and then, I think of the sheer magnitude of work the Executives do on a daily basis. From meetings to accounts to documentation to HR to emails to investment decisions....
You Will Have More Than One Idea

You Will Have More Than One Idea

I spoke to a young man recently about a business proposition. He was more concerned about the money he would make, than the opportunities he would gain. I’ve also noticed that many entrepreneurs seem obsessed with people stealing their ideas. Some entrepreneurs...
You Need a Closer in Management

You Need a Closer in Management

If you run a growing business that needs to hire middle-level managers, this is for you. Please look for people who have a combination of these qualities which cannot be taught or which only need to be taught once: Wisdom, political savvy, intuition, responsibility,...