There are many hats that a successful leader wears including being a visionary and being an explainer-in-chief. If the leader can clearly communicate the organization’s vision that inspires its members, the execution of the plan becomes easier to complete. President Obama coined the term, explainer-in-chief to refer to Bill Clinton and the way in which
In business, the need to create a vision that inspires others is a central component to building a successful company. A leader is responsible for painting a picture, or vision, of what the organization will achieve in the future. This vision provides the organization with purpose. In order to create a vision that inspires others
An emotionally stimulating purpose statement is a compelling driver to boost positive employee performance. Articulating a clear business purpose creates a strong advantage to compete in the transforming economic landscape, with tangible bottom line benefits. The organizational purpose is a business’s core reason for being and it communicates the benefit it provides those it serves.
When starting a business, an entrepreneur answers two important questions. What is the problem that I can solve for my customers? And second, how can I make a profit? Defining the purpose for your business is addressed after you answer the first two questions. It defines why you do what you do. Articulating a clear,
Being an entrepreneur is challenging, and running a business can be grueling. I find that a business runs much more smoothly if you incorporate a purpose-driven productivity system into the operations. What do I mean by that? When you began building your business, I’m sure that you envisioned yourself with more control of your own
Successful businesses—both large and small—utilize a regularly updated business plan to provide a clear vision and direction for a sustained profitable future. It becomes the roadmap business owners and entrepreneurs follow to grow their businesses and ensure continuous quality improvement. Such improvement is derived from monitoring business operations, marketing strategies, innovation, management and financial health.
When is the right time to make a change in your business strategy? Must all the stars be aligned? How will you know that it’s the right time? Well, we can take some advice from the ancient Greeks. They had some interesting ideas about time. The Greeks had two words to describe different types of
