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How To Help Your Team Think Like an Entrepreneur

Let's Grow Leaders

How to Develop Entrepreneurial Thinking on Your Team. “Errr, well, no, but …” The conversation after that “but” is at the heart of teaching your team how to think and act like an entrepreneur. Tell me about a time that you strongly disagreed with your manager. How did you work to overcome it?

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All-Hands Meeting: How to Ensure Yours is Amazing and Worth the Investment

Let's Grow Leaders

What’s missing from many of these meetings is giving people time to marinate in the “how.” ” One way to think about this is to not just talk EBITDA, but get real about “what I need from ya.” ” Start by having your senior leaders share the strategies and the why behind them.

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Leadership Communication: How Do I Get Everyone On the Same Page?

Let's Grow Leaders

So if employees hear “EBITDA” from you or another leader, they understand “what I need from ya.” It also gives people an opportunity to learn more about what’s happening strategically and how decisions are being made. ” That’s the moment the abstract becomes tangible, vision becomes action.

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Salary Negotiation Tips for Executives

N2Growth Blog

I encourage you to read my notes on why compensation before jumping to how to negotiate. What if there’s a change of manager? How to negotiate: Hold fast to your values. Managing for profitability? Look for linkages between EBITDA and your take-home pay. Either way, congratulations! Why compensation?

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How Mature is Your Risk Management?

Harvard Business Review

For years, companies have been pouring money into people, processes, and technology that can help them manage risk. They clearly generate higher growth in revenue, EBITDA, and EBITDA/EV. Managers could keep the organization within acceptable tolerance ranges, driving performance to plan.

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

Harvard Business Review

But having a grasp of terms like EBITDA and net present value are important no matter where you sit on the org chart. How can you boost your financial acumen? How do you decide which concepts are most important to understand to your work and your understanding of the business? ’ scenarios,” says Ruback. Go it alone.

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How to Anticipate a Burning Platform

Harvard Business Review

The HBR article describes how B&N moved on multiple fronts at once: It aggressively reduced costs in its core retail business while refocusing its stores around consumer needs. So, how can you identify the magical moment when there's sufficient time and degrees of freedom to act? Look at profit margin trends.

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