Expert insights. Personalized for you.
Greatness comes at a cost. A cost many people aren’t willing to pay. Greatness will cost you: Your time. Many times people don’t reach the level of greatness within them because they’re unwilling to pay the cost to be great. Continue Reading… The post Greatness Comes At A Cost appeared first on Joseph Lalonde. Everyone talks about wanting to be great. They claim they want to make a difference in the world. But is that the truth? MORE
Listen in as Next Element Co-Founder and CEO, Nate Regier discusses how drama costs the US workforce over $350 billion per year in lost productivity, absenteeism, passive-aggressive behavior, and wasted energy. The post What is drama costing your organization? MORE
Hence, it’s a given to include job costing software for all construction jobs and having regular flow between projects. As a construction manager, it’s important to have regular insights into a project’s different aspects and know how the costs are being distributed. MORE
Fortunately, there are a few straightforward and practical ways to lower your shipping costs effectively. And because lower shipping costs will benefit both your business and your customer base, there’s no reason not to consider these simplistic suggestions. MORE
Costs Finance & Accounting Analytics Costing Finance and investing Analytics and data science Digital ArticleLessons from one organization’s digital transformation. MORE
What is employee turnover costing you? A successful business is always looking for ways to cut costs and increase revenues, so they can grow their profits. Employee retention is important because employee turnover costs time, money and productivity. The cost to replace new staff can be as high as 60 percent of an employee’s annual salary, SHRM reports. There are many tasks involved in running a successful business. MORE
The unimaginative and uncommitted blame lack of money for lack of action. But you don’t need money, position, or resources to make a positive difference where you work. All you need to bring… Continue reading → Leading MORE
You put yourself on the line when you stand-with. Some of my proudest memories are of people I’ve stood-with when it would have been easier to walk-away. I’m not special. MORE
However, if you’re anything like the average entrepreneur, there’s one burning question in your mind: How much does it cost to start a business? Continue reading to learn more about business startup costs and some of the top funding options. How Much Does It Cost to Start a Business? MORE
Do you want to reduce hiring costs in your company when hiring new employees? In an economic context pushing for the optimization of all resources, recruitment costs now represent an important issue for any HR manager. Cutting costs is a top priority. MORE
Those healthcare costs most times are too high for lots of small businesses and organizations. Hence there’s a need for employers to seek strategies to reduce healthcare costs, as it is crucial to both employers and employees. Here are five tips on how employers can reduce healthcare costs. Use cost tools to your advantage. To ensure that healthcare costs are reduced in an organization, employers should be certain that Health care costs are clear to their employees. MORE
On a coaching call this past December with one of my clients, we were discussing his 2014 goals for his business. He is a successful business owner and leader, very much a Type A personality, works long and hard, and loves his family. Our coaching session was fairly straight forward until he mentioned one of [.] Author information Jeff Orr Jeff Orr is a Leadership Performance Coach, Transformational Speaker, and Author. MORE
What Are The Benefits Of Paying Home Office Costs For Your Remote Workers? Expecting your employees to pay out of their own pocket for a brand new laptop is unreasonable, especially considering their utility costs are likely to increase while they are working from home. MORE
On the surface this savings looks good to many companies, but as soon as the economy turns around these services are going to go back to the increased costs they deserve and then what? I know that there are a million things that we can do ourselves and as small businesses we often look to cut costs that way. Sometimes it is more cost effective and prudent to call in a professional. MORE
Usually, this happens because companies don’t budget for the cost of expanding or they overestimate how much their revenue is going to increase. If you are expanding your business, these are the big costs that you need to be prepared for. Increased Staff Costs. Inventory Costs. MORE
Cutting costs is the oft-repeated phrase that companies are using to meet the downturn in the economy and the declining revenues and sales. For most, cost-cutting translates to job cuts in the organization. Research has shown that new talent costs more to train and onboard. MORE
In this episode of The Ron Edmondson Leadership Podcast Ron and Chandler Vannoy talk about the high costs of leadership. There is a high cost of serving in leadership. In this episode, we discuss high costs of leadership. MORE
But there are some high costs when we attempt to eliminate all organizational risk. And there are some high costs involved when a leader who is overly cautious. Here are 7 high costs of attempting to eliminate risk: Limited growth. MORE
Acquisition cost is one of the preferred metrics on Google Ads to enhance the value of your ads. In essence, the acquisition cost refers to how much you are likely to spend on a prospect lead to turn them into a customer. As mentioned, Google Ads has strategic acquisition costs bidding. MORE
The post The Hidden Cost of Retaining a Bad Hire appeared first on Let's Grow Leaders. Avoid This Huge Mistake with a Bad Hire. As a human-centered leader, you might just be tempted to hold onto an obviously bad hire too long. And, holding onto a bad hire (after you’ve done all you can) is one of the biggest leadership mistakes you can make. We see so many managers hold on to false hope, increasing the agony for everyone. The Bad Hire Question I’ve Asked Hundreds of Times. MORE
Contractors need to devise ways to cut costs in order to remain profitable. With increased competition, the need to cut costs has become important now more than ever. Eliminating people is not the right way to cut costs. Instead, you should look for other ways to cut costs and boost profitability. Cost Audit. The first step in cutting costs should begin with a complete audit of the existing expenses. Actual material costs. MORE
Businesses in every industry are constantly faced with the ongoing challenge of reducing costs to boost profits. So, when it comes to dropping transportation costs for your logistics business, you should avoid any approach that will negatively impact your services’ quality. MORE
Utility costs can also eat away at your budget. Leased spaces will often include these types of costs as part of your agreement too, so look into those and always make sure that you are getting the best deal. It doesn’t cost a lot to invest in. MORE
From time to time, I come upon material that seems especially interesting and, more to the point, valuable. Here is one example: The 10Minutes series from PricewaterhouseCoopers LLP (PWC), a Delaware limited liability partnership. * * * We recognize how busy you are… …so we are asking for just 10 minutes of your time to [.]. MORE
In many major cities, real estate comes with prohibitive costs, so office space can be a large expense even for profitable businesses, not […]. MORE
Guest post by Jüri Kaljundi As a CEO, I make sure that at the end of the week I know what every member of my team is up to and they know that I know. Because I believe that … Continue reading → Leadership Team Building Communication engagement teamwork MORE
For most companies, however, managing and maintaining the vast infrastructure of a modern IT-based business is a perplexing challenge, expensive and in most cases not even possible when such things as qualified technicians, complex integrations, and the cost of equipment are considered. MORE
If you are grounded, there is not much that you can do, but to keep costs low for when the restrictions lift, you will want to follow this guide. You’d be surprised at how many are occurring right now to help airlines manage their costs even though all their flights are grounded. MORE
Even with less costly technology and marketing tools, it costs money to run a firm, and those expenses rise regularly. Here are some strategies to cut costs and increase your bottom line in your business. Lower your workspace costs. Reduce staffing costs. MORE
When an entire team is involved, the level of effort, time and cost adds up quickly. This is where the cost really multiplies. And this doesn’t factor in the cost of morale lost in the process! The post The Cost of Unclear Expectations appeared first on Nathan Magnuson. I’m told that one quote preachers try to live by is, “If it’s foggy in the pulpit, it’s cloudy in the pew.” MORE
License and Republishing: The views expressed in this article The High Cost of Constitutional Compromises are those of the author Wolfgang Mack alone and not the CEOWORLD magazine. MORE
The cost of doing business is increasing. The green agenda that governments are touting is going to impact the cost of making products and that in turn will affect your price. Perhaps the biggest cost of doing business is your employees. MORE
Home Go to QAspire.com Guest Posts Disclaimer Hidden Costs 25 As a business leader, if you think “costs” are only the ones where you spend real money, think again. Have you ever realized the costs of: having an inefficient leadership team? These are costs too! Generally, no realized that failing as a leader is a very costly affair. Hidden costs are more dangerous because they occur silently and are difficult to uncover. MORE
And for all the note card, bell ringing, and public praise methods, each author agrees on the most simple and cost effective method for engaging their people. Do you remember Bob Nelson’s series of books “ 1001 Ways “? The titles ran the gamut of 1001 Ways to Take Initiative at Work to 1001 Ways to Energize Employees and 1001 Ways to Energize Employees. Why were these books so popular, and why do they continue to have a place on leaders’ bookshelves still today? MORE
Please Don’t Do This. Last week I spoke with a company executive who said, “People are upset, can you help us with some team-building?” ” I replied, “Probably not.” ” He looked at me with a combination of shock and amusement – he wasn’t used to trainers or consultants telling him they didn’t want his money. “Okay, tell me why you won’t help us?” ” It’s not that I wasn’t willing to help – of course I would. MORE
Businesses cost money to run. As the owner, you should be looking for ways to lower costs and save money as much as possible, without affecting your staff or production rates. So how can you lower costs efficiently and quickly? Lowering production costs. MORE
Was it worth the costs?’ So here are the four questions I think you should ask yourself to determine if the costs of being an entrepreneur are worth it to you. If the answer is no, the costs are going to be too great for you. If the goal is to get rich the cost may be too high because starting a business usually costs more than it makes the first go round. Being an entrepreneur is hard and the sacrifices you will make will grow as the company does. MORE
Every business will have various costs, which are, unfortunately, unavoidable. Additionally, it is important to re-assess your costs regularly to make sure that you are not overspending. Here are a few ways that you can reduce your business costs. MORE
Control freaks fear freedom. But treating people like robots never inspires. Control-freak-leaders deliver narrow results. Choices inspire ownerships and instill responsibility. Every decision you give someone communicates trust, confidence, and respect. MORE
The reasons employees may be absent from work are varied and many but the bottom line is, absenteeism has a larger cost associated with it than many people realize. In the United States on a yearly basis, absenteeism costs companies just under $3000 per salaried employee, while the cost is just under $4000 per hourly paid worker. While initially costly, the long-term benefits are well worth it. MORE
The post The Cost of Distrust appeared first on Kevin Eikenberry on Leadership & Learning. More and more often I find that a centerpiece of leadership training we design for Clients has trust – understanding it and understanding how to build it – as an important component. In thinking about trust this week I was reminded of a great quotation from Ralph Waldo Emerson: “Our distrust is very expensive.” ” I love […]. MORE
One steep costly blindspot that I have observed in working with leaders is the unconscious avoidance, denial and/or toleration of under-performing employees. Shocking costs of hiring mistakes. More commonly known as the cost of a mis-hire. According to Tony Hsieh, CEO, Zappos, hiring mistakes have cost his company as much as $ 100 million! For one, few companies actually take the time to calculate the hard and soft costs of even a single mis-hire. MORE
Cost Related Topics Lead Change Blog
APRIL 21, 2021
Listen in as Next Element Co-Founder and CEO, Nate Regier discusses how drama costs the US workforce over $350 billion per year in lost productivity, absenteeism, passive-aggressive behavior, and wasted energy. The post What is drama costing your organization?
Strategy Driven
AUGUST 20, 2021
Fortunately, there are a few straightforward and practical ways to lower your shipping costs effectively. And because lower shipping costs will benefit both your business and your customer base, there’s no reason not to consider these simplistic suggestions.
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Strategy Driven
JUNE 30, 2021
Even with less costly technology and marketing tools, it costs money to run a firm, and those expenses rise regularly. Here are some strategies to cut costs and increase your bottom line in your business. Lower your workspace costs. Reduce staffing costs.
Strategy Driven
JULY 19, 2021
Utility costs can also eat away at your budget. Leased spaces will often include these types of costs as part of your agreement too, so look into those and always make sure that you are getting the best deal. It doesn’t cost a lot to invest in.
Advertisement
SMB leaders are working day and night to navigate the COVID-19 crisis. Successfully managing it requires the CFO and HR leader to make complex decisions quickly, without rushing into an uncoordinated response. Foremost among these decisions will be cost containment. The way organizations manage costs now will determine how well they perform during and after COVID-19. Download our guide and start preparing for the future today.
Nathan Magnuson
NOVEMBER 5, 2018
When an entire team is involved, the level of effort, time and cost adds up quickly. This is where the cost really multiplies. And this doesn’t factor in the cost of morale lost in the process! The post The Cost of Unclear Expectations appeared first on Nathan Magnuson. I’m told that one quote preachers try to live by is, “If it’s foggy in the pulpit, it’s cloudy in the pew.”
Lead Change Blog
MARCH 11, 2014
On a coaching call this past December with one of my clients, we were discussing his 2014 goals for his business. He is a successful business owner and leader, very much a Type A personality, works long and hard, and loves his family. Our coaching session was fairly straight forward until he mentioned one of [.] Author information Jeff Orr Jeff Orr is a Leadership Performance Coach, Transformational Speaker, and Author.
Strategy Driven
NOVEMBER 2, 2020
Every business will have various costs, which are, unfortunately, unavoidable. Additionally, it is important to re-assess your costs regularly to make sure that you are not overspending. Here are a few ways that you can reduce your business costs.
Leadership Freak
OCTOBER 20, 2020
Control freaks fear freedom. But treating people like robots never inspires. Control-freak-leaders deliver narrow results. Choices inspire ownerships and instill responsibility. Every decision you give someone communicates trust, confidence, and respect.
Leadership Freak
MAY 25, 2020
You put yourself on the line when you stand-with. Some of my proudest memories are of people I’ve stood-with when it would have been easier to walk-away. I’m not special.
Let's Grow Leaders
MAY 10, 2021
The post The Hidden Cost of Retaining a Bad Hire appeared first on Let's Grow Leaders. Avoid This Huge Mistake with a Bad Hire. As a human-centered leader, you might just be tempted to hold onto an obviously bad hire too long. And, holding onto a bad hire (after you’ve done all you can) is one of the biggest leadership mistakes you can make. We see so many managers hold on to false hope, increasing the agony for everyone. The Bad Hire Question I’ve Asked Hundreds of Times.
Speaker: Cy Wakeman, M.S., CSP, President, Reality-Based Leadership
Cy Wakeman proposes a radically different approach to HR leadership. Changing the ways leaders think and the strategies they use in their work is a serious and critical economic issue. Leaders should help others develop the great mental processes they need to eliminate self-imposed suffering and choose to be accountable for driving results.
Women on Business
JULY 22, 2020
In many major cities, real estate comes with prohibitive costs, so office space can be a large expense even for profitable businesses, not […].
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Ron Edmondson
AUGUST 17, 2021
In this episode of The Ron Edmondson Leadership Podcast Ron and Chandler Vannoy talk about the high costs of leadership. There is a high cost of serving in leadership. In this episode, we discuss high costs of leadership.
Strategy Driven
JULY 3, 2021
Acquisition cost is one of the preferred metrics on Google Ads to enhance the value of your ads. In essence, the acquisition cost refers to how much you are likely to spend on a prospect lead to turn them into a customer. As mentioned, Google Ads has strategic acquisition costs bidding.
Strategy Driven
JANUARY 23, 2020
Do you want to reduce hiring costs in your company when hiring new employees? In an economic context pushing for the optimization of all resources, recruitment costs now represent an important issue for any HR manager. Cutting costs is a top priority.
Strategy Driven
APRIL 21, 2021
Businesses in every industry are constantly faced with the ongoing challenge of reducing costs to boost profits. So, when it comes to dropping transportation costs for your logistics business, you should avoid any approach that will negatively impact your services’ quality.
HR Digest
MARCH 6, 2020
Cutting costs is the oft-repeated phrase that companies are using to meet the downturn in the economy and the declining revenues and sales. For most, cost-cutting translates to job cuts in the organization. Research has shown that new talent costs more to train and onboard.
CEO Insider
JANUARY 22, 2021
License and Republishing: The views expressed in this article The High Cost of Constitutional Compromises are those of the author Wolfgang Mack alone and not the CEOWORLD magazine.
QAspire
JULY 22, 2010
Home Go to QAspire.com Guest Posts Disclaimer Hidden Costs 25 As a business leader, if you think “costs” are only the ones where you spend real money, think again. Have you ever realized the costs of: having an inefficient leadership team? These are costs too! Generally, no realized that failing as a leader is a very costly affair. Hidden costs are more dangerous because they occur silently and are difficult to uncover.
Strategy Driven
JUNE 12, 2020
Businesses cost money to run. As the owner, you should be looking for ways to lower costs and save money as much as possible, without affecting your staff or production rates. So how can you lower costs efficiently and quickly? Lowering production costs.
Strategy Driven
JANUARY 20, 2021
What Are The Benefits Of Paying Home Office Costs For Your Remote Workers? Expecting your employees to pay out of their own pocket for a brand new laptop is unreasonable, especially considering their utility costs are likely to increase while they are working from home.
Lead Change Blog
JULY 20, 2015
Please Don’t Do This. Last week I spoke with a company executive who said, “People are upset, can you help us with some team-building?” ” I replied, “Probably not.” ” He looked at me with a combination of shock and amusement – he wasn’t used to trainers or consultants telling him they didn’t want his money. “Okay, tell me why you won’t help us?” ” It’s not that I wasn’t willing to help – of course I would.
Strategy Driven
DECEMBER 9, 2020
Hence, it’s a given to include job costing software for all construction jobs and having regular flow between projects. As a construction manager, it’s important to have regular insights into a project’s different aspects and know how the costs are being distributed.
Kevin Eikenberry
SEPTEMBER 18, 2014
The post The Cost of Distrust appeared first on Kevin Eikenberry on Leadership & Learning. More and more often I find that a centerpiece of leadership training we design for Clients has trust – understanding it and understanding how to build it – as an important component. In thinking about trust this week I was reminded of a great quotation from Ralph Waldo Emerson: “Our distrust is very expensive.” ” I love […].
Harvard Business
JULY 30, 2021
Costs Finance & Accounting Analytics Costing Finance and investing Analytics and data science Digital ArticleLessons from one organization’s digital transformation.
Great Leadership By Dan
AUGUST 25, 2017
The reasons employees may be absent from work are varied and many but the bottom line is, absenteeism has a larger cost associated with it than many people realize. In the United States on a yearly basis, absenteeism costs companies just under $3000 per salaried employee, while the cost is just under $4000 per hourly paid worker. While initially costly, the long-term benefits are well worth it.
First Friday Book Synopsis
SEPTEMBER 28, 2012
From time to time, I come upon material that seems especially interesting and, more to the point, valuable. Here is one example: The 10Minutes series from PricewaterhouseCoopers LLP (PWC), a Delaware limited liability partnership. * * * We recognize how busy you are… …so we are asking for just 10 minutes of your time to [.].
Strategy Driven
MAY 17, 2019
Contractors need to devise ways to cut costs in order to remain profitable. With increased competition, the need to cut costs has become important now more than ever. Eliminating people is not the right way to cut costs. Instead, you should look for other ways to cut costs and boost profitability. Cost Audit. The first step in cutting costs should begin with a complete audit of the existing expenses. Actual material costs.
Strategy Driven
JUNE 17, 2021
The cost of doing business is increasing. The green agenda that governments are touting is going to impact the cost of making products and that in turn will affect your price. Perhaps the biggest cost of doing business is your employees.
Strategy Driven
APRIL 17, 2021
Usually, this happens because companies don’t budget for the cost of expanding or they overestimate how much their revenue is going to increase. If you are expanding your business, these are the big costs that you need to be prepared for. Increased Staff Costs. Inventory Costs.
Chart Your Course
NOVEMBER 14, 2012
What is employee turnover costing you? A successful business is always looking for ways to cut costs and increase revenues, so they can grow their profits. Employee retention is important because employee turnover costs time, money and productivity. The cost to replace new staff can be as high as 60 percent of an employee’s annual salary, SHRM reports. There are many tasks involved in running a successful business.
Lead Change Blog
NOVEMBER 23, 2015
And for all the note card, bell ringing, and public praise methods, each author agrees on the most simple and cost effective method for engaging their people. Do you remember Bob Nelson’s series of books “ 1001 Ways “? The titles ran the gamut of 1001 Ways to Take Initiative at Work to 1001 Ways to Energize Employees and 1001 Ways to Energize Employees. Why were these books so popular, and why do they continue to have a place on leaders’ bookshelves still today?
Women on Business
SEPTEMBER 14, 2012
Was it worth the costs?’ So here are the four questions I think you should ask yourself to determine if the costs of being an entrepreneur are worth it to you. If the answer is no, the costs are going to be too great for you. If the goal is to get rich the cost may be too high because starting a business usually costs more than it makes the first go round. Being an entrepreneur is hard and the sacrifices you will make will grow as the company does.
Strategy Driven
FEBRUARY 19, 2020
However, if you’re anything like the average entrepreneur, there’s one burning question in your mind: How much does it cost to start a business? Continue reading to learn more about business startup costs and some of the top funding options. How Much Does It Cost to Start a Business?
Ron Edmondson
JUNE 30, 2021
But there are some high costs when we attempt to eliminate all organizational risk. And there are some high costs involved when a leader who is overly cautious. Here are 7 high costs of attempting to eliminate risk: Limited growth.
Leadership Freak
JUNE 11, 2017
The unimaginative and uncommitted blame lack of money for lack of action. But you don’t need money, position, or resources to make a positive difference where you work. All you need to bring… Continue reading → Leading
Women on Business
SEPTEMBER 2, 2011
On the surface this savings looks good to many companies, but as soon as the economy turns around these services are going to go back to the increased costs they deserve and then what? I know that there are a million things that we can do ourselves and as small businesses we often look to cut costs that way. Sometimes it is more cost effective and prudent to call in a professional.
The Empowered Buisness
OCTOBER 30, 2013
One steep costly blindspot that I have observed in working with leaders is the unconscious avoidance, denial and/or toleration of under-performing employees. Shocking costs of hiring mistakes. More commonly known as the cost of a mis-hire. According to Tony Hsieh, CEO, Zappos, hiring mistakes have cost his company as much as $ 100 million! For one, few companies actually take the time to calculate the hard and soft costs of even a single mis-hire.
Strategy Driven
APRIL 21, 2021
For most companies, however, managing and maintaining the vast infrastructure of a modern IT-based business is a perplexing challenge, expensive and in most cases not even possible when such things as qualified technicians, complex integrations, and the cost of equipment are considered.
Strategy Driven
APRIL 2, 2020
If you are grounded, there is not much that you can do, but to keep costs low for when the restrictions lift, you will want to follow this guide. You’d be surprised at how many are occurring right now to help airlines manage their costs even though all their flights are grounded.
Lead on Purpose
JUNE 20, 2015
Guest post by Jüri Kaljundi As a CEO, I make sure that at the end of the week I know what every member of my team is up to and they know that I know. Because I believe that … Continue reading → Leadership Team Building Communication engagement teamwork
HR Digest
FEBRUARY 28, 2019
Those healthcare costs most times are too high for lots of small businesses and organizations. Hence there’s a need for employers to seek strategies to reduce healthcare costs, as it is crucial to both employers and employees. Here are five tips on how employers can reduce healthcare costs. Use cost tools to your advantage. To ensure that healthcare costs are reduced in an organization, employers should be certain that Health care costs are clear to their employees.
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