How much risk is your company willing to take? If your organization does not have an actionable and cost-effective CEO succession plan in place, then its willingness to gamble is high. Research shows that faulty integration of senior executives can cost a company 10 to 20 times the executive’s salary in lost opportunity costs. Moreover,…
Author: Titus Ng
Making an Impression vs. Being Impressed – John C. Maxwell
Admired for her beauty, Jennie Jerome (Winston Churchill’s mother) glided through the loftiest social circles in Great Britain. Once, on consecutive nights, Ms. Jerome dined with England’s premier politicians: Prime Minister Benjamin Disraeli and his chief rival, William Gladstone. When questioned about her impressions of the two men, Ms. Jerome made the following observation: “When…
How to Sail Through Your Tough Performance Review
December is performance review month. While the merits and validity of a year-end review are often the subject of great debate, the fact that many firms use them as a tool for compensation and promotion is not. Your managers will spend much time (hopefully) preparing to deliver your review in a thoughtful and constructive manner….
Accidental Growth Versus Purposeful Growth – John C Maxwell
In 1940 two brothers, Dick and Mac McDonald, started McDonald’s Barbeque Restaurant in San Bernardino, CA. Typical of the drive-ins of its time, McDonald’s offered an expansive menu from which customers could order and then be serviced by carhops. Through time, the brothers noticed a trend in their sales. A small number of items on…
Yahoo’s Turnaround Efforts Straight from Steve Jobs’ Playbook
Carol Bartz, the still new CEO of Yahoo, convened her first meeting for Wall Street analysts a few weeks ago. Forget the specifics for a moment. She could have been talking about another iconic Silicon Valley company that had gone astray under experienced but ineffectual leaders who had been brought in from other industries to…
The Difference Between Leadership and Management
Leadership and management must go hand in hand. They are not the same thing. But they are necessarily linked, and complementary. Any effort to separate the two is likely to cause more problems than it solves. Still, much ink has been spent delineating the differences. The manager’s job is to plan, organize and coordinate. The…
Six Social Media Trends for 2010
In 2009 we saw exponential growth of social media. According to Nielsen Online, Twitter alone grew 1,382% year-over-year in February, registering a total of just more than 7 million unique visitors in the US for the month. Meanwhile, Facebook continued to outpace MySpace. So what could social media look like in 2010? In 2010, social…
Leadership Research on Singapore SMEs (Services)
Small and medium-sized enterprises (SMEs) are the backbone of Singapore’s economy, contributing 47% of the country’s GDP and generating 62% of available jobs. According to official records, there are about 126,000 SMEs in Singapore and most of the owners are so preoccupied in their daily operations to think of anything else. Many of them face…
High Performers Get Fed Up
High performers have been disproportionately affected by organizations’ responses to the recession. The 2009–2010 U.S. Strategic Rewards Survey by Watson Wyatt and WorldatWork found that employee engagement levels for all workers at the surveyed companies have dropped 9% since last year — but the number was nearly 25% for top performers. The number of people…
The Ways Systems Maximize Our Lives
I bring to you an excerpt of an article from John C Maxwell, one of my favorite leadership gurus. I believe this will be beneficial for you as it is for me.___________________________________________________ From a high level, we have already looked at how systems benefit our leadership. I’d like to go a little deeper by sharing…
Is Geography Important to Online Retail Business?
I bring to you an excerpt of an interview available from BNET.com. It is an interesting article that is somehow counter-intuitive to me, but makes really good sense. For those who are in the online business of reaching consumers, enjoy! _________________________________________________________ Plenty of marketers pull mountains of data from the Web, such as search habits…
Leaders who Energize
Some people become leaders no matter what their chosen path because their positive energy is so uplifting. Even in tough times, they always find a way. They seem to live life on their own terms even when having to comply with someone else’s requirements. When they walk into a room, they make it come alive….