How to be a great business leader

Posted by James Price | JPAbusiness on 18-Dec-2019 02:00:00

This blog comes from our eBook Surfer Dudes, Janitors and the Ritz Carlton, featuring California-based management consultant Kevin Catlin from Insight Strategies, Inc.

 

Q. What makes a good business leader?

KEVIN: The great leaders truly care about their people as much as they care about the output their people produce.

The most astute leaders, in my opinion, understand something that seems a little counterintuitive, and that is that if you’re checking daily on the output of your company – on what it is ‘doing’ – then you’re wasting time.

What you’re company is ‘doing’ is really a lagging indicator of what you’re people are capable of.

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Topics: staff management, Business culture, leadership, team building, staff culture

Employing older workers – debunking myths and sharing strategies

Posted by James Price | JPAbusiness on 20-Nov-2019 02:00:00

Young people are most likely to be out of work in Australia, but older workers – over 55 – spend the most time between jobs: up to two to three years.

Older people are not the only cohort experiencing age discrimination in Australian workplaces, but I do believe as business leaders we’re missing a valuable opportunity to take advantage of this increasing pool of older, experienced workers.

Personally, I know of several colleagues from university who are in their mid-50s and have excellent experience and minds, but are finding it hard to secure meaningful roles.

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Topics: staff recruitment, staff performance, mature-aged staff, employing older workers, staff culture

Every business has a 'culture' – make yours a good one

Posted by James Price | JPAbusiness on 30-Oct-2019 02:00:00

Image: CSG Ltd (https://www.cheapsurfgear.com)

 

This blog comes from our eBook Surfer Dudes, Janitors and the Ritz Carlton, featuring California-based management consultant Kevin Catlin from Insight Strategies, Inc.

Q. What is the key ingredient in a successful business culture?

KEVIN: I believe culture starts at the top. You cannot create a great company culture if the owners and the senior managers are not living it themselves.

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Topics: staff management, Business culture, business management, Kevin Catlin, staff culture

How to conduct performance reviews for senior staff

Posted by James Price | JPAbusiness on 04-Sep-2019 02:00:00

I recently put together some questions for my senior staff to consider in advance of their Annual Performance Review discussions.

We have discussed the mechanics of the performance review process in previous blogs, and a key theme was that reviews are ‘a two-way street’.

Senior staff members bring considerable experience and insight to your business so you need to ensure you use the review event as an opportunity to tap into those insights for the benefit of your business, as well as the individuals involved.

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Topics: staff management, Business culture, business management, staff performance, performance review, staff culture

When should I tell my staff I'm selling? (Video)

Posted by James Price | JPAbusiness on 07-Aug-2019 02:00:00

Our guiding principle is that open and transparent communication with your staff is always a positive thing.

However, this is complicated by the fact selling a business is a sensitive issue and disclosing the fact it’s for sale can be detrimental to a business’ operations.

A pending sale can unsettle your team and, if it gets out in the market, it can cause difficulty with clients or suppliers.

In this video I share some strategies for sharing business sale plans with key staff:

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Topics: Business Planning, Video, staff management, selling a business, Business culture, staff culture, strategic plan

When should I tell my staff I'm selling my business?

Posted by James Price | JPAbusiness on 03-Apr-2019 02:00:00

In assisting clients to prepare for a business sale process, we often get the question: When should I tell my staff I’m going to sell?

It’s an important issue because staff can significantly impact your business’ value, while selling can impact their lives.

The reality is there is no simple answer because every business is different.

A complex situation

Our guiding principle is that open and transparent communication with your staff is always a positive thing.

However, this is complicated by the fact selling a business is a sensitive issue and disclosing the fact it’s for sale can be detrimental to a business’ operations.

Continue reading...

Topics: staff management, selling a business, staff culture

How do I involve staff in an ownership position in my company?

Posted by James Price | JPAbusiness on 13-Mar-2019 02:00:00

There are a number of mechanisms to provide senior and key staff with a level of interest in your business over and above an employee status.

It’s often referred to as giving employees ‘skin in the game’ and it’s about aligning your objectives as a business owner and operator with your key people, so together you can achieve great things within the business.

There are a number of ways to align objectives between the parties, through both ownership and/or incentive arrangements without formal ownership:

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Topics: staff management, Business culture, business ownership, staff share plans, staff culture

How to improve staff productivity and business culture through IR compliance

Posted by James Price | JPAbusiness on 28-Dec-2016 05:08:00

As a business owner, if you choose to underpay your employees, not properly record and account for their entitlements, not respect and fulfil your obligations to them under the National Employment Standards, or tolerate an environment that is either unsafe or disrespectful of community standards with regards to issues like bullying, harassment and equal opportunity, you will be penalised.

This punishment is not necessarily about getting ‘found out’ by a union or an association representing employees, or about the government regulator chasing you for something you’ve failed to do.

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Topics: Staff, Industrial relations, Business culture, managing employees, managing staff, staff culture

5 hiring principles to create a great staff culture [blog]

Posted by James Price | JPAbusiness on 20-Jun-2016 10:10:04

While Barbara and I were in Boston recently, being shown around the HubSpot headquarters by our guide Rachel, we asked her how long she had been with the company and what she thought of working there.

What a question!

Rachel’s answer led to what I feel was a major takeout from the visit; a gem of an insight and yet so simple and straightforward – like most valuable insights.

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Topics: Employment and recruitment, Staff, staff recruitment, hiring staff, Business culture, staff culture

 
Disclaimer: The information contained in this blog is general in nature and should not be taken as personal, professional advice. Readers should make their own inquiries and obtain independent, professional advice before making any decisions, taking any action or relying on any information in this blog. 
 
 

 

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