$1.5 Billion is a whole lot of loot. An almost unfathomable amount. It is, by far, the largest jackpot in the history of any Powerball or any type of lottery anywhere on the planet. While it’s hard to imagine being the winner, try to imagine that the winner turns out to be the top performer on your…
Just about every company in existence was started by someone (or several people) who saw an opportunity to make money in the marketplace. Ain’t nothin’ wrong with that. But one company – a high tech software firm based in Minneapolis – was started by three guys (who each self-identify as ‘nerds’) with the singular goal…
Carson, the son of a friend of mine, is an MBA whose passion centers on business mergers and acquisitions. Two years ago, Carson accepted a position with an investment bank that offered him an embarrassingly low starting salary that was packaged with the promise that he’d be seeing some nice bonuses as the firm closed large deals.…
A great workplace culture does more than merely share timely and relevant information with its employees; it goes to great lengths to listen to them and digest that feedback. Employee surveys can be useful tools, but by themselves they’re not enough to truly know what your people are thinking. There’s no survey, assessment, or digital app…
Regardless how they obtain the skills they need for the job, employees worth their paycheck have the desire to get better at what they do. They want to acquire and develop new skills, talents, and abilities that will help them increase their value to their present employers and other prospective employers. To ignore your employees’ need…
Standing 726 feet high, and weighing more than 18 Empire State buildings combined, the Hoover Dam is a jaw-dropping wonder of the industrial world. It was built in the early 1930’s during the Great Depression by a consortium of six major tunnel, railroad, and highway contractors that went by the name Six Companies. The promise of above-average…
“We’re adding a little something to this month’s sales contest. As you all know, first prize is a Cadillac El Dorado. Anybody wanna see second prize? Second prize is a set of steak knives. Third prize is…you’re fired.” In the 1992 film Glengarry Glen Ross, Blake—famously portrayed by Alec Baldwin—issues this decree, exposing an artful…
To get back to Kansas, Dorothy never had to jump through all the death-defying hoops the Wizard put her through. She had everything she needed (ruby shoes) from the very beginning. All she lacked was the understanding of how to unlock their magical powers. Since they began making their way into the workforce in the late 90’s, business leaders, owners, and…
There are limits to the extent an employer will go to keep an employee happy, even when the employee is a top performer or in one of those almost-impossible-to-replace positions. But unless they are feeling neglected, unappreciated, or mistreated, most employees would prefer not to go through a job change and would rather stay with…
Every employee who works for you will eventually arrive at a crucial intersection, if they haven’t already. At that point, you hope they turn right and buy-in to your leadership and the vision and values of your company. Turning that direction means that they see a future for themselves with your organization so they’ll invest themselves fully…