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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Whatever You Do, Don’t Abandon the Flywheel

Jim Collins’s flywheel concept, from his 2001 classic Good to Great, is one of the most iconic notions in business.   It’s a fairly simple idea: Your flywheel is the big idea or function that powers your business’s success. At first it seems impossible to get it to turn, and it takes tremendous effort to […]

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In Your Company, Rules are the Last Thing That Should be Unwritten

The idea of a corporation’s “core values” became popular with the 2001 publishing of Jim Collins’s iconic book “Good to Great.” Collins was so eloquent in presenting the idea, that “core values” largely replaced the old corporate mission statement as a company’s defining identity.   I believe in having core values, clearly stated and used […]

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Attacking the Hang-ups of the Entrepreneur Whose Prices are too Low

You’re not charging enough for your product or service. You need to charge more.   Now, if you’re like most entrepreneurs, the statement I just made scares you to death. Of course, you’d like to be paid more, but you’re terrified of what would happen if you raised your prices. You’re convinced your customers would […]

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Video: It’s the typewriter of this century, and it’s your chance to start winning now

There was a time when it was acceptable to hand-write business correspondence. You were almost certainly not alive at the time. It was early in the last century, before the typewriter became a mainstream business tool.   Once access to typewriters became common, the type-set business letter became the new professional standard, and before long […]

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