As leaders in an organization, executives often face a delicate balance between ensuring projects are completed successfully and empowering their managers to grow and develop. Sometimes, when faced with urgent or critical tasks, executives may choose to jump in and complete the work themselves. However, an alternative approach is coaching managers to execute the projects effectively. In this article, we will explore the results of each approach and the long-term implications for the team and the organization.
Read moreECHO Board of Directors - Property Management Technology Webinar
The following is a list of the technology discussed during my presentation to the ECHO Association (Educational Community for the HOA Homeowners) in June 2020 . The audience was the Board of Directors for Community Associations in California.
The presentation included three main sections:
Trends and Impact of the Coronavirus on HOA Boards
New Technology for Board Members & Community
Hot Technology Tips for Working at Home
Why Continuous Learning is Required to Get the Best Jobs in the Future
The Digital Transformation megatrend is dramatically changing the way executives, management and employees collaborate and communicate in the workplace. With technology evolving at such a rapid pace, it's more important now than ever before to keep up your skill sets and adapt to new ways of doing business. More than 50-percent of the jobs of tomorrow aren't even in existence at this time - infact no one has even thought of them yet! Continuous learning, personal development and coaching are a necessity in all aspects of life to survive and thrive the Digital Transformation megatrend that is just beginning.
Read more5 Tips to Increase Millennials' Sales Productivity
Did you know that in 2015, Millennials (20-35 year-olds) surpassed Baby Boomers as the largest segment of workers in business? Did you also know that by 2025, these tech-savvy Millennials will represent 70 percent of your workforce?
As a result, you need to make sure that your sales team has the infrastructure for Millennials to be productive and successful. If not, you'll be dealing with the following three issues:
Read moreHow to Survive Today's Fast-Changing Technology
The next few years are going to be a lot harder than the last 50 years in business. The good news is that you're going to have higher profits, happier customers and more productive employees as you go forward with these fast-changing technologies.
Over the last five years, Venture Capital has shifted its investment focus from the consumer market to solving enterprise problems and improving the business world. New companies and technology have been quickly rolling out and changing every industry. If you're an industry leader and have been in business for the last five to 25 years, you should be very scared.
Read moreTop 10 CEO Challenges in 2015
As we start 2015, what are your challenges for the rest of the year? I found two recent reports from the Conference Board and Gartner that share where other executives are allocating their time and resources.
The Conference Board published their latest report on the "Top 10 CEO Challenges in 2015" last month. It is no surprise that many of the issues focus on "Business Growth Basics." Some of the top Challenges include:
- Excellence in Execution
- Consistent Execution of Strategy by Top Management
- Sustained & Steady Top-Line Growth
- Customer Loyalty / Retention
- Profit Growth
- Corporate Reputation for Quality Products/Services
- Stimulating Innovation/Creativity/Enabling Entrepreneurship
The following are excerpts from the articles:
"The critical issues of excellence in execution and consistent execution of strategy by top management have consistently remained at the top of the list. But in the latest survey (which was fielded October-December 2009), such growth-oriented challenges as sustained and steady top-line growth, customer loyalty/retention, and profit growth received higher ratings as "greatest concerns." Also moving up were corporate reputation for quality products/services, and stimulating innovation/creativity/enabling entrepreneurship."CEOs' focus on these challenges suggests that recession-weary customers need to be wooed with significant new value to win back their business," Barrington added." Source: The Conference Board CEO Challenge 2010 Survey - Feburary 2010
A Gartner Report from December 2009, found that a "majority of U.S. and U.K. CEOs and senior executives believe that IT-enabled change will play a significant role in a post-recession economy. While very few executives expect a rapid return to 2007 performance levels, revenue growth has replaced cost cutting as the top priority in large private- sector organizations. In 2010, 71 percent of executives say their focus will be on improving revenues." Source: Information Management