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  • Other Added - Effective Meetings: Why Most Meetings are a Waste of Time

    Honesty In Business - Does It Pay? Is Honesty The Best Policy?
    I guess you have heard it said that honesty is the best policy. Unfortunately, many of the people who say that are dishonest themselves. They only pay lip service to honesty. Consequently, they lie and cheat whenever it is convenient to do so.The truth is . . . many people are honest only to the point where there is the possibility of being caught and when sanctions are applied without fear or favor. Those same people will be dishonest whenever the chances of being caught is slim or where sanctions are hardly applied due to corruption of the institutions meant to apply the sanctions.The result?Explosion of corruption.Now to the business world. The goal of every business is to maximize profit. The more transactions a business engages in, the more the profit potentials. And the greater the profit margin per transaction, the greater the overall profit of the business. Hence, business managers seek to maximize the returns per transaction in order to maximize the profitability of the business.Honesty in business, on the other hand, means you lose opportunities to make more from each transaction because you tell the truth. Here's a typical example: Suppose you're
    e P’s of Successful Meetings: Preparation, Participation, Prioritization
    Although a successful meeting requires a skilled facilitator, that is only part of the puzzle. Equally important is the activity that has occurred prior to the meeting.

    The First P: Preparation
    Effective use of your meeting time relies on all parties being prepared to participate. This means that each person in attendance has already read the meeting materials p

    Success is a Matter of Congruency
    Athletes call it being in the zone. Mike Tyson had it early in his professional career. Tiger Woods demonstrated it in 2000 with unprecedented golf success. Actors talk of actually becoming the role they are playing, and they earn Oscars for those performances.One business executive described it to me as being monomaniacal: When your entire focus remains on perfecting one thing. It is the pursuit of great performers looking to reach the next level.What is “It?” It is clarity of thought paired with seamless action, and it is a recipe for unparalleled success. Imagine during your workday you are totally focused on being successful. No needless meetings, no non-work-related distractions, no interruptions -- just pure focus. How much more could you get done? How much more successful would you be in your job? What if everyone in your department operated in the same way? Sound like science fiction? It doesn’t have to be.Congruency in motion and emotion is the purest cause of great success.How many of us are even capable of this?Watch children play. Take away the video games, turn off the television, let them have boundless play, and watch congruency in action. My ne
    Whether your company holds one meeting a week or dozens of meetings a day it is essential that this time is used efficiently and effectively. Most meetings are less effective than they could be not because they are poorly managed, but because meeting managers spend all of their time focusing on the one or two hours when people will be gathered around the conference table or video screen. Smart meeting managers know that it is the actions you take during the three days immediately before the meeting which are much more important than the meeting itself.

    When Your Meeting Starts
    The key to making your meeting successful begins long before the scheduled start-time of your meeting. Just as any athlete knows the importance of stretching before exercising, top-level meeting managers know that how you spend your time the week prior to a meeting is as important as or more important than the meeting time itself.

    Common signs that a manager has spent too much time focusing on the meeting itself and not enough time focusing on the activity leading up to the meeting include people coming to your meetings unprepared, a few people suggesting many of the ideas, and a consistent pattern of rushing through the items at the bottom of your agenda.

    Roger Burns, a 30-year veteran of high-level meetings describes it like this, “Often times the first 20 or 30 minutes of our meetings would be spent with people flipping through the documents I had sent them over a week ago. They had not prepared and had no idea what questions I was going to ask in the next few minutes."

    If you are like many, these symptoms show up more often than not. So what is a meeting manager to do? How can you avoid these common pitfalls? The answer is simple, but it begins a full week before the meeting is scheduled to start.

    The Three P’s of Successful Meetings: Preparation, Participation, Prioritization
    Although a successful meeting requires a skilled facilitator, that is only part of the puzzle. Equally important is the activity that has occurred prior to the meeting.

    The First P: Preparation
    Effective use of your meeting time relies on all parties being prepared to participate. This means that each person in attendance has already read the meeting materials pr

    Why You Need to Know Your Customers Better
    When was the last time you took a customer out for coffee?I know. You're busy. You might have trouble remembering when you last had a real lunch break. You're managing a store, and there is always something that needs to be done yesterday.If you are not regularly spending time with customers, you're missing the boat. And I don't mean just helping customers on the sales floor. I mean getting to know them better and asking for feedback about your store.Independent retailers, like you, have the advantage of being close to the consumer. Often you know many of your customers personally. One of the most important things you can do to attract more customers, is to build on this strength.Work to improve your relationships with your existing customers. You will learn more about what your customers need, and they will start to tell their friends about you.Knowing who your customers are and what they are passionate about is crucial to getting more shoppers in the door. Too often I speak to retailers who have no idea who their customers really are.You cannot appeal to everyone. If you try, you will end up with a watered-down store identi
    ree days immediately before the meeting which are much more important than the meeting itself.

    When Your Meeting Starts
    The key to making your meeting successful begins long before the scheduled start-time of your meeting. Just as any athlete knows the importance of stretching before exercising, top-level meeting managers know that how you spend your time the week prior to a meeting is as important as or more important than the meeting time itself.

    Common signs that a manager has spent too much time focusing on the meeting itself and not enough time focusing on the activity leading up to the meeting include people coming to your meetings unprepared, a few people suggesting many of the ideas, and a consistent pattern of rushing through the items at the bottom of your agenda.

    Roger Burns, a 30-year veteran of high-level meetings describes it like this, “Often times the first 20 or 30 minutes of our meetings would be spent with people flipping through the documents I had sent them over a week ago. They had not prepared and had no idea what questions I was going to ask in the next few minutes."

    If you are like many, these symptoms show up more often than not. So what is a meeting manager to do? How can you avoid these common pitfalls? The answer is simple, but it begins a full week before the meeting is scheduled to start.

    The Three P’s of Successful Meetings: Preparation, Participation, Prioritization
    Although a successful meeting requires a skilled facilitator, that is only part of the puzzle. Equally important is the activity that has occurred prior to the meeting.

    The First P: Preparation
    Effective use of your meeting time relies on all parties being prepared to participate. This means that each person in attendance has already read the meeting materials p

    How To Create A Mission Statement
    Creating a mission statement can help you focus your business effort and do a lot of good in bringing your workforce together behind a common theme. The key to success is not just creating a mission statement, it's living the mission statement.A mission statement identifies the major purpose that you fulfill when providing products and services to customers. Your mission statement should: Include the reason for your business Identify your firm's unique 'value added' Reflect your firm's core business activity Provide a focus Identify the purpose you fulfill Step One -- Develop your mission statement by identifying: Stakeholders - Those people who are directly affected by the company's successes and failures. Stakeholders could be employees, internal customers, organizational customers, external customers. Products and Services - Items that you produce for your customers. Products and services might include consulting, training, products or services for individual use, products or services for business use. Value Added - The key advantage you provide over the competition. Why would a customer come to your company for service? W
    self.

    Common signs that a manager has spent too much time focusing on the meeting itself and not enough time focusing on the activity leading up to the meeting include people coming to your meetings unprepared, a few people suggesting many of the ideas, and a consistent pattern of rushing through the items at the bottom of your agenda.

    Roger Burns, a 30-year veteran of high-level meetings describes it like this, “Often times the first 20 or 30 minutes of our meetings would be spent with people flipping through the documents I had sent them over a week ago. They had not prepared and had no idea what questions I was going to ask in the next few minutes."

    If you are like many, these symptoms show up more often than not. So what is a meeting manager to do? How can you avoid these common pitfalls? The answer is simple, but it begins a full week before the meeting is scheduled to start.

    The Three P’s of Successful Meetings: Preparation, Participation, Prioritization
    Although a successful meeting requires a skilled facilitator, that is only part of the puzzle. Equally important is the activity that has occurred prior to the meeting.

    The First P: Preparation
    Effective use of your meeting time relies on all parties being prepared to participate. This means that each person in attendance has already read the meeting materials p

    The Role of the Machine Metaphor in Mixed-initiative Organizational Leadership
    “Can This Marriage be Saved?” So reads the title of the cover story in the August 15, 2005 issue of BusinessWeek (www.businessweek.com). The article describes the seven-year (1998-2005) story of the merger of Daimler and Chrysler Corporation. As of this writing, the board of the merged companies decided to terminate the reign of the current chairman, J?rgen Schrempp. At the end of this year he will be replaced with Dieter Zetsche, the current head of the company’s operations in North America. The article identifies the following five critical challenges facing the new chairman:1. Improving product quality and worker morale.2. Securing union support to gain flexible labor agreements.3. Impressing on company executives to promote flexible and productive operations in North America.4. Developing and executing a more coherent partnership strategy in Asia.5. Addressing investor pressure to break up the merger.The five challenges listed above clearly show that more people related problems (i.e., social issues) will need to be addressed than technology issues. The new chairman must embrace a mixed-initiative leadership style with a proportionate focus on both
    of our meetings would be spent with people flipping through the documents I had sent them over a week ago. They had not prepared and had no idea what questions I was going to ask in the next few minutes."

    If you are like many, these symptoms show up more often than not. So what is a meeting manager to do? How can you avoid these common pitfalls? The answer is simple, but it begins a full week before the meeting is scheduled to start.

    The Three P’s of Successful Meetings: Preparation, Participation, Prioritization
    Although a successful meeting requires a skilled facilitator, that is only part of the puzzle. Equally important is the activity that has occurred prior to the meeting.

    The First P: Preparation
    Effective use of your meeting time relies on all parties being prepared to participate. This means that each person in attendance has already read the meeting materials p

    Franchising or Independent Contractors for Mobile Car Washes Considered
    If you own a mobile carwash business you may want to consider an independent contractor strategy so you can service all your customers and make a lot of money without having to worry about employee pilferage of the cash. We all know that the car wash business is pretty much a cash business and it is too easy for employees on mobile car wash routes, which cannot be easily supervised to steal the money.However, if these mobile carwash operators are independent contractors and you rent out your equipment for $50-$100 per day then each manager of the mobile carwash unit cannot steal the money and you will have a fixed income, provided it doesn't rain. How do I know this strategy will work?This is how I started my company 27 years ago. (Carwashguys.com). The independent contractors were glad to have a guaranteed carwash route and equipment, which was efficient and new. In trade, they were able to keep all the cash they made on the route each day and they worked harder because it was their money. Thus more efficient.The customers were also much more satisfied because the job was much better, as the person washing their car was the actual business owner, my independent contracto
    e P’s of Successful Meetings: Preparation, Participation, Prioritization
    Although a successful meeting requires a skilled facilitator, that is only part of the puzzle. Equally important is the activity that has occurred prior to the meeting.

    The First P: Preparation
    Effective use of your meeting time relies on all parties being prepared to participate. This means that each person in attendance has already read the meeting materials prior to the meeting taking place. In addition to this, the meeting participants should be given the questions that are going to be discussed prior to the meeting.

    Historically, most meetings begin with the chairperson asking a question to those in attendance. As an example if you were holding a strategic planning meeting, a good question might be, “What do you think are the strengths of our organization?” At this point the discussion moves around the table with each person having two minutes to process the questions, come up with a smart-sounding solution, and express the solution coherently to the group.

    The problem with this method is that most good ideas do not come in those two minutes. Good ideas come as you are driving to work, as you are falling asleep, as you are in the shower – the very times you are probably not with your co-workers in a meeting. (Unless you are routinely holding your meetings in the company locker room!) Giving the questions you are going to ask to each meeting participant prior to the meeting is essential to getting the best ideas out of your participants. It also gives them a reason to read the materials you have distributed prior to the meeting.

    The best time to distribute the materials and questions is three to seven days prior to your meeting. This gives participants a chance to think about the issues and questions, but not long enough to forget their good ideas and why they liked them. The payback here is fast and obvious. You will get more accomplished in less time – saving your organization money and allowing you to get your ideas implemented faster.

    The Second P: Participation
    Getting the best ideas from your best people is essential for your meeting to be successful. The other half of this equation is to get a broad base of participation so there is ow

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