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The ROLE of Emotional Intelligence in Effective Leadership Today

The Center For Leadership Studies

Zig Ziglar is known for saying, “You must manage yourself before you can lead someone else.” At every level of the organization, EI’s pivotal role is to help the leader: Manage self. At every level of the organization, EI’s pivotal role is to help the leader: Manage self. Manage others. Manage work. MANAGE SELF.

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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business Review

If you’re not a numbers person, finance is daunting. But having a grasp of terms like EBITDA and net present value are important no matter where you sit on the org chart. Stop avoiding finance because you’re afraid of numbers. Think of it this way, “Finance is the way businesses keep score.

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Entrepreneurs Need a Better Way to Cash Out

Harvard Business Review

But analysts are judging EBITDA, P/E ratios, quarterly growth, and cashflows – which don’t always correlate with long-term value creation. Big acquirers cash out founders, management teams get folded into big organizations, cashflows disappoint, and visions flounder. Entrepreneurship Finance'

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The INs and OUTs of Business Literacy

HR Digest

Without an understanding of basic financial concepts, executives are not well-equipped to make decisions related to financial management. managers are uninformed about the basics of financial literacy to face the challenges of the future. Why is financial literacy at all levels of management a basic need?

Finance 63
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Which MBAs Make More: Consultants or Small-Business Owners?

Harvard Business Review

Owners of small businesses can set their own hours, make their own management decisions, and take pride in the ownership of their work. The value of that carried interest, of course, depends on the performance of the business, its size, amount of debt used to finance the acquisition and the eventual pricing of a subsequent sale.

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Don’t Turn Your Sales Team Loose Without a Strategy

Harvard Business Review

This is ineffective deal management, and it eventually leads to loss of positioning with customers, and, over time, the nurturing of “commodity competencies.” At that point, Alphatech’s management reassessed its strategy and sales approach. Management first evaluated who were, and who were not, good customers.

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Shape Strategy With Simple Rules, Not Complex Frameworks

Harvard Business Review

Managers in these organizations translate corporate objectives into a few straightforward guidelines that help employees make on-the-spot decisions and adapt to constantly shifting environments, while keeping the big picture in mind. Its new management team took over an organization that was bureaucratic, overstaffed, and bleeding cash.