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Responsibility and Accountability Necessary for a Successful Business

It is amazing that certain companies do not hold their personnel accountable for their work. They ignore that responsibility and accountability are necessary for a successful business.  It is puzzling why this is happening.  Companies try to solve this dilemma by redefining responsibilities. They do this by reorganizing what people do and restructuring the way …

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Poor incentive sysytems hurt businesses.

Incentives: Poorly constructed plans make business fail

Attracting and retaining the top talent is an important priority for companies.  In that regard, employee incentive programs are a popular strategy. While incentive programs can be incredibly effective, if they are not devised and employed properly, they can do more harm than good to the company. That is why poorly constructed plans make business …

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Agility: Adaptability in a Changing Age

Agility: Adaptability in a Changing Age

In the early 1990s, a study was conducted by Ken Preiss, Steve Goldman, and Dr. Roger Nagel. They determined what high-performing companies were doing. This enabled them to be leaders in their industries. And it allowed them to stand head and shoulders above their competition. They found four characteristics shared by successful companies, which they …

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Is Your Business is Failing Because of This?

Making Very Bad Decisions: Is Your Business Failing Because of This?

We are human and sometimes will make mistakes and bad decisions. But, it is a shortcoming to make mistakes or wrong decisions and not correct the resultant problem. This could lead to business failures. Even worse is to repeat the same mistake over and over again. Is your business failing because of this? Or, is …

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Stay on the path. An important company value

Commitment: An important company value.

Making a commitment involves dedicating yourself to something. This is one of your most important company values. Making a commitment obligates another that person to do something, as well. Many companies contract consulting firms. Many companies talk about their important company values. The consultants lean on these and, through rigorous studies, reviews, and establish plans …

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