This weeks Tip of the Week comes from Iskandar Aminov, Aaron De Smet, and Dan Lovallo . They discuss their survey of more than 1,200 respondents that “challenges assumptions about decision making. The authors, and contributors look at winning organizations and list some of their most likely traits, including : -Making decisions at the right time
-Focus relentlessly on enterprise – level value-Get commitment from the relevant stakeholders.
“With the right mix of processes and practices, decision makers can involve the right people”

Why do many merger and acquisition deals fail? Price goes over four additional topics on Mergers and acquisitions for his readers. He notes that “All things being equal, a well-run company with a consistent method and practice for developing, maintaining and executing multi-faceted strategic plans over several periods is more valuable than those that do not.”

Looking for points on Customer Retention to grow your business? In his article, 5 ways to focus on the customer to grow your business Joe states, “When asked about priorities for customer engagement, CEOs cited customer service as their no. 1 priority.“

“This is the generation that breaks up by text message, so in a professional context, to have to let someone down or give bad news was terrifying”. A look at how job seekers are juggling multiple offers at once; creating sticky situations for all involved. How well candidates manage job offers can shape their long-term career satisfaction and their professional reputations. When getting multiple interview offers from different companies, it can be slightly overwhelming. However, it’s important that the individual attends as many of these interviews as they can to help them make their decision about which company they want to work for.

Which is right for you? 2 different approaches to innovation. In his article, 2 different approaches to innovation, Joe discusses ways to focus on growth, and how to determine an innovative strategy for your business. He is clued into the difference in high-growth companies that are more engaged in innovation than no-growth companies. Yet he notes that small and midsize companies don’t all approach innovation the same way. “Innovation requires leaders willing to break the status quo to build a better business. The key is to figure out which approach is best for you and your company” ~ Joe Gavin

Could you use some help with getting your meetings organized? If you feel comfortable with experimenting and redefining your meetings, this will be a good read. Keith brings to light suggestions for avoiding drifts and keeping things on track. Incorporating technology is a must. Just look around at the number of people working at home today – versus 3 months ago. Now is the time to be planning and strategizing, and working toward when the economy comes fully back on line.

What to increase your leadership skills?“If you expect your team to work hard and produce quality content, you must lead by example. Whatever Your Career Ambitions, Your Leadership Skills Will Be Critical”. Read the ten top qualities Bernhard discusses in his article that leaders should master. The rule of thumb is if you lose an A performer, it takes you 3 years of salary to get them back. Having goals, accountability, and rewards for your team ensures that you keep your A performers because it’s a huge expense to get another one back.

When we think of accountability, we typically think of holding others accountable. One must have an Internal self-awareness. Internal self-awareness involves understanding your feelings, beliefs, and values — your inner narrative. One must also have an external self-awareness which involves understanding how our words and actions impact others. a small shift in one’s mindset will directly impact behaviors and can have a significant positive impact on an entire team. Take Action!

Living and Learning Under Influence can your leadership reflect a more positive influence? Pondering the capacity that we have to influence, to be influenced by others, and yet, still stand for something true, even when voices around us are pointing in another direction. To stand on pure points, the saving-people-from-a-burning-house-without-hesitation kind of pure point.

Good Leaders are Good Listeners. But to Be an Exceptional Leader, You Must Learn to Listen Differently. Philip provides insight into becoming a competent leader by learning to be an effective listener. It is important that others are being heard and understood. Good leaders need to be fully present, engaged and resourceful. Listening, it requires the ability to focus your attention and engage your intelligence to understand. Good Leaders are Good Listeners. But to Be an Exceptional Leader, You Must Learn to Listen Differently. How good of a listener are you? How good of a listener are you?

Unclear about how to begin to sell your business? There are three things that are very important when preparing to sell your business. Do you want yourself or your clients to achieve their valuation needs and objectives with analyses, calculations and a report that stands up in court, to the IRS, to a buyer or any business value need? Or do you want to potentially lose $Millions?