I’ve been writing in a journal occasionally over the past 20 years.  Recently I’ve started writing almost daily for the past five months.  Sometimes I write personal reflections/recollections of what happened, or how I’m thinking about the present situation, or I look to the future.

Today, I posed a challenging question to myself:  What is the most important, greatest impact, longest lasting activity or objective I could get involved with right now? (more…)

Recently we looked at two different approaches to developing talent:  paying premiums in compensation packages and investing in a strong internal culture. 

Yesterday  John Mack, Chairman and CEO of Morgan Stanley told his shareholders that he has to pay employees well to keep top talent and grow the business, but he doesn’t see the ability to sustain that into the future.  (more…)

Is anyone out there scratching your head trying to remember the last time you were in a “strategy meeting”?  For most readers of this blog, the problem is not that you are rarely in a strategic situation, but that you probably don’t recognize it as often as you should.

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 One of the first people in American business to be paid a salary of a million dollars a year as a professional manager was Charles Schwab.  He was picked by Andrew Carnegie to be the President of United States Steel in 1921 when he was 38 years old.   Why did Andrew Carnegie pay a million dollars a year to Charles Schwab?  

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“How do I stop the headaches without firing my people?”

You own the business and so all the problems that can’t be solved by others end up in front of you.  You have someone who handles personnel matters, but that means the transactional side of HR.  The personal issues, interpersonal conflict, lack of performance, all of the soft, squishy (but really difficult) stuff comes to you.  And you wish you could make it go away without needing to fire someone.  Maybe you can… (more…)

Meltdown, bailouts, recession–the last six months have provided quite a crash course in economics for us.  There has been a lot of talk about Wall Street vs. Main Street, as if you could easily separate the two.  The truth is, you can’t.  What is needed right now is a serious capital reinvestment in the economy.  I’m not talking about infusions of cash and liquidity like the Federal Reserve has been attempting.  I’m talking about an investment in human talent. 

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50 Classics

For those of you intently focused on developing your top talent I recommend the following resource as a guide.  It tells you where to look for inspiration, original ideas, the great thinkers.

Tom Butler-Bowdon has put together 50 Classics of Success, Self-Help, Spirituality, Psychology and now Prosperity.  That’s 250 books total… (more…)

Last week I was in a session with several executives benchmarking a job.   That term is used to describe a number of different activities or approaches, so let me give you an insiders view of what we did.  

Our task was to determine what the organization needed from this job for superior performance (in our case it was the job of President of the company).  We discussed key results that the person filling the role of President was accountable for producing.  When we agreed on the five key results, our assignment next was to “let the job speak”.  (more…)

I was looking through some notes in my personal development notebook today and I was transported back over ten years ago to an experience I had listening to a development program.

I was living in another town and very early in an entrepreneurial venture, which is another way of saying I didn’t have much money at the time.  I listened to a program by Earl Nightingale, a classic motivational speaker who had already passed away back in 1989.  The program was called Lead the Field and I can still remember being struck by Earl’s statement that the vast majority of people never dedicate themselves to excellence, to leading the field in their chosen endeavor.  Whether that be education, business or social service, most people start with dreams and ideals and then abandon the goal before realizing them.

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First, a confession: I’m tired of the pundits and media piling on about the economy.  Yeah, things are messy and there are people having a tough time.  But there are other things happening too.

Layoffs mean that some good workers are getting indiscriminately released into the pool of the unemployed.   In other businesses, the top talent is biding its time, ready to move on when better times and better opportunities appear.  Smart leaders are making investments in discovering, measuring and developing their top talent. 

One problem is that most leaders don’t see the full extent of the talent they have.  Top performers are not the only talent in a company.   Leaders MUST get better at discovering the talent they have and learning what talent really looks like.

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