The perplexing case of the employee who quits . . . but doesn’t leave

  Every company strives to keep its employee retention rate high, for obvious reasons. You don’t need to be spending excessive time interviewing people, training people and bringing people along in new jobs when you could have just kept the people you already had. So, if you haven’t lost a lot of people, you’re probably […]

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The risk-averse entrepreneur’s lament: I should have really gone for it!

  There’s a mythology about entrepreneurs that I’m not sure is entirely true. I bet you’ve heard it: Entrepreneurs aren’t afraid of risk!   You sure about that?   There are a lot of reasons people start their own businesses. They believe in an idea they have. They can’t stand having a boss. They love the […]

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What I learned about family and business on the Fourth of July

Written By: Wade Wyant, Red Wagon Advisors   I didn’t get to go to a Fourth of July parade with my family this year. Because there wasn’t one. It’s the first time since 2001 that I did not join my family for a parade on the Fourth.   And there’s a reason I’ve maintained such […]

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Your Board Members: It’s time to make them 10 years younger

    Written By: Wade Wyant Red Wagon Advisors   I don’t want to assume your company has a board – whether formal directors or a less-formal board of advisors – but I will tell you this: If you don’t have one, you should.   The presence of a board is evidence of your maturity […]

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Post-lockdown: Workstream could be your most immediate challenge

  Written by: Wade Wyant Red Wagon Advisors   Isn’t it great to see everything getting back to normal? Offices and factories opening back up? People working at their desks and not in their living rooms? Customers placing orders and not just trying to ride out a crisis?   Ah yes. Normal.   But is […]

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Self-Implementation: The quickest path to system failure

  Written By: Wade Wyant Red Wagon Advisors   I’ve heard it said that any lawyer who represents himself has a fool for a client. I’m not a lawyer, but I can relate to the idea that – no matter your expertise – there are some things you shouldn’t try to do without someone helping […]

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How to conquer human nature’s war against achievement

How to conquer human nature’s war against achievement     Written by: Wade Wyant     You’ve probably said it yourself – or something like it – in reference to a shortcoming, flaw or perceived weakness.   “That’s just me.”   I’m sure you’ve heard other people do it too. They assign themselves to some […]

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Bag the Bonus: There are better ways to use compensation to spur results

Many of the companies I advise are looking for the best way possible to structure their compensation. They know there’s a correlation between achievement and reward, and they want to find the structure that leads to the most company success and the best outcomes possible for team members.   Those are the right goals, so […]

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We All Make Mistakes Managing People: Here Are Two of My Biggest

  For some reason, managers like to run away from the word “manager.” Maybe they think it makes them sound too authoritarian, which is why they gravitate toward more positive-sounding words like “leader.”   But there’s nothing inherently negative about managing, and any business leader has to embrace the fact that – on one level […]

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Be Prepared for the Post-BHAG Letdown

I love Jim Collins’s concept of the BHAG – the Big Hairy Audacious Goal. I’ve been involved with three of them, two professional and one personal, and they’re among the most important, memorable and rewarding experiences I’ve ever had.   Not only were the pursuits of these BHAGs thrilling and challenging – the sort of […]

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