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Oct31
4 Tips to Turn your Employees into Entrepreneurial Dynamos

When we think of what it means to be an entrepreneur, it brings the immediate thought of a person starting a business and being a sole proprietor. While this is obviously true, those that truly are successful, are those that are able to pass that entrepreneurship onto their employees; to empower them to take ownership in the business.

What are some of the tools we can use to make this a reality within our businesses or departments?

1. Help them to think like an entrepreneur

The first thing is that the way we think entrepreneurily must be passed onto our people. What do we as managers or business owners do to make sure we are thinking in that same way?

We understand what it is we stand for. It is still a weakness in a great entrepreneur.jpgmany companies that the workers have no idea what it is the company stands for. Most entrepreneurs know what it is they stand for and understand there can't really be a success to a business unless that's known. Make that one of your evangelistic priorities within the company toward your people.

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Oct30
The power of Human Touch in Customer Service
The constant and greatest part of customer service will never be determined by technology. We talk a lot about that here at managersrealm. Lynn DellaCroce at Crm Buyer said this about the human touch: "Simple actions like promptly returning phone... Continue Reading
The Simplicity of Caring
The endless stream of material on how to keep employees and treating them right, makes it seem like you have to understand something so complicated that only some type of "genius" could figure it out. Attracting and keeping good employees... Continue Reading
Oct29
Customers Driving Marketplace Innovation and Demand
Forbes asked several experts recently about the changes that have impacted financial services. One answer to the question of "What would you say are some of the key innovations that have recently impacted financial services?" - has ramifications for anyone... Continue Reading
Oct28
Do you really plan for a worst case scenario?
Being one that always likes to look at things as they really are, and not how I wished they could be, it made me contemplate managers or business owners that write business plans that include "worst case scenario." Jeff Cornwall... Continue Reading
Oct27
Understanding your business culture
Other than understanding the purpose for the existence of your company, I think the next most important thing to understand is the type of business culture the company embraces. Pretty much everything else comes out of these vital components. With... Continue Reading
Do you have a blogging policy in place?
With blogging becoming an increasing part of everyday life, management and companies need to take a serious look at the potential consequences of employees blogging anything concerning the company; not simply whether they something bad about, which is the least... Continue Reading
Oct26
Motivational quotes can be a great team builder
I like this little online page of team building quotes at leadership-tools. It reminded me that the one strength that quotes and slogans can do, is to help people remember things much more easily than possibly any other tool. Here... Continue Reading
Shortage of qualified professionals raising salaries
We've talked about the coming shortage of workers across the world here at managersrealm, and the reality is already starting to hit across the world. Citing a recent study by Manpower, Work Force Management said that 25% of those employers... Continue Reading
Oct25
The harder you work, the more talented you become!
One of the constant things I harp on, and in all honesty can't stand, is when managers, leaders, and employees are called "talent." Fortune has a great article emphasizing and stating this very fact concerning the illusion of natural talent.... Continue Reading
Gut Instincts: The enemy of Innovation?
We've talked at managersrealm before about the importance of company legends and telling the story of the successes of the company; this is important and necessary. The key to doing it right though, is to center on the timeless aspects... Continue Reading
Oct24
Look for practical, not philosophical answers
Confronted with the challenge of team camaraderie versus people wanting to stand around and chat forever, Mary McDonald talked about the simple step she took to handle the problem. Mary said: "As I encouraged folks to share our ‘outside’ lives... Continue Reading
Fight still going on about who's really a Manager
This month the National Labor Relations Board recently provided a definition of what a supervisor is that would classify millions of more workers as being a member of management and thus not eligible for collective bargaining. Unions are probably going... Continue Reading
Oct23
Who the person is, is more important than what they know!
Many companies and managers still aren't convinced that hiring people for attitude and quality isn't as important as hiring for what they know and do. That's one of the reasons I'm getting tired of hearing this word "talent" being used... Continue Reading
4 Crucial Areas we must Embrace to Improve Management Ethics
With the growing number of corporate scandals being reported by the media, and the increasing number of executives jailed for alleged crimes, it is becoming more important than ever to comprehend what it is that managers and business leaders need... Continue Reading
Oct22
Management and Religion
With the growing diversity of religions in the workplace, companies are being forced to adapt to numerous new challenges that they have to face. Now in the case of managers that use their religious principles to run a company, "lawyers... Continue Reading
Oct21
Is Jack Welch's way of managing no longer relevant?
Betsy Morris, Fortune senior writer wrote a couple of months ago about what she believes are the changing management strategy of the current marketplace. She used Jack Welch and his way of managing versus what she thinks needs to be... Continue Reading
Oct20
Some Lessons in Handling Crisis Situations
The recent Hewlett-Packard scandal helps us to understand some important lessons in how to handle bad news. I've felt from the beginning of the whole scenario that Tom Perkins is the real villain that has gotten away with being a... Continue Reading
Oct19
Expect more from your people and you'll get more
In an interview in Fortune online magazine, Boeing chief James McNerney talked about the expectations he has of his people and how that makes them a lot better. McNerney said: "I'm unafraid to expect a fair amount from people. It... Continue Reading
Oct18
5 Ways to Create a Culture of Sharing
A major goal of any manager in any organization should be to remove anything that prohibits the flow of information and knowledge. Most of us know that many managers are insecure because they feel that the sharing of information is... Continue Reading
Oct17
Communicate company legends to your employees
Sometimes the greatest thing you can do for your people when things in the business are not going as good as you wish they were is to remind them of the successes and victories that they have accomplished throughout the... Continue Reading
Oct16
Let's get rid of the management whores
With dozens of U.S. companies under pressure in options scandals I think we need to start taking seriously some of the underlying reasons this is happening. The latest casualty is William McGuire at one of the largest health insurance companies... Continue Reading
Why community service can help a business
One of the great aspects of encouraging people in our companies to be involved in community service, is not only the help it can bring to people in the community, but the change within a worker that can help them... Continue Reading
Oct15
Why there are problems with focus
Do you ever have problems with yourself and fellow workers struggling to keep focused on the companies goals? How about difficulty in performing in your communication across the company? The place to find out what is wrong? Ask yourself this... Continue Reading
Oct14
The ultimate secret to leadership success!
Why is it that different management styles, approaches, visions, execution and performance can succeed while others fail? Why is it that people who go down different paths succeed in spite of having different personalities and values? Why does an industry... Continue Reading
The discipline of providing job security for employees
Two of the biggest concerns among workers in a number of industries are job security and an exciting place to work. In relationship to job security, I want to talk about why that's important, not only from the psychological affect... Continue Reading
The power of the vision
The true power in great companies is the communication to their people what they are doing is big and making a difference. This is something that just can't be asserted and not be true, it has to be the reality... Continue Reading
Oct13
Practices change, principles don't
When considering the idea of change, we need to understand a key difference between change in practices and change in principles. Practices are part of the continuous, endless series of changes that are part of any business. Principles are what... Continue Reading
Oct12
The right culture creates volunteers that get paid
An executive from a big business once was asked if he was concerned in any way about the possibility of losing control of the business. His response was that not only did he never have control, but that he had... Continue Reading
Oct11
Encouraging workers to be true believers
Just like customers that are true fans of a company, workers that truly believe in the purpose of a company and what it's doing are the key to spreading the word. What is the role of management in this? Don't... Continue Reading
Oct10
Is oversight even part of management anymore?
With the pace of change and workload connected to it, is it possible as a manager to even really take oversight of anything in the workplace anymore? It is my thought and experience that we can't; at least not in... Continue Reading
Oct 9
Hold on to what is most important
There is a story from one of the most respected grocery stores in the business not that many years ago that I got to thinking about today in relationship to keeping our eyes on what's important. The owner was grooming... Continue Reading
Oct 8
Employees respond to what is Rewarded
There are two major things that employees look at and respond to: One is the manager or leadership themselves; and the second is what type of actions and behavior is rewarded. These are the two biggest influences on the way... Continue Reading
Oct 7
Walmart's Stephen Quinn on how to manage customer touch points
Advertising Age Contributing Editor Mya Frazier interviewed Stephen Quinn, senior VP-marketing at Wal-Mart Stores. One question that was asked was answered in a way that I think will really help us on managing the touch points of our people with... Continue Reading
A Major barrier to management growth
This may surprise some of you, but one of the major barriers to management growth is getting attached to the current way things are being done. You might ask the question then of how can anything get done if we... Continue Reading
Oct 6
The power of humor
Sometimes one of the great temptations we get as managers is to take ourselves and the situations we face too seriously. While this doesn't mean that the things that need to get done aren't important, it does mean that whatever... Continue Reading
Oct 5
If you want to change them, change you!
There is illusion that never seems to die concerning changing other people; it's the illusion that you can someone else besides yourself. Once you understand that it can't happen, the sooner you can do the things that really can make... Continue Reading
Oct 4
4 Tips on how to better listen to employees
When we talk about listening to our employees, we have to understand that standing in their presence, doesn't mean that you are listening. As most of us know; there is listening, and there is LISTENING. Employees know the difference. We... Continue Reading
Oct 3
A380 Jumbo Jet delayed another year
In another blow to their superjumbo jet project, Airbus parent EADS confirmed that the project will be delayed for another year. Two of the companies that have placed orders are seriously considering the implications of what this means to their... Continue Reading
Oct 2
Learning from Sony's Pain
Sony's debacle concerning fires in PCs with Sony batteries installed in them is a lesson hopefully we all can learn without doing it the hard way. If you don't know by now, Sony was forced to perform a huge recall... Continue Reading
Oct 1
Empathy for people is needed more than ever
One paradox of the information and technological age is the growing need to be a people-person; as information and technology grows at astounding rates. Think of it this way: How many times have you heard customers tell you that your... Continue Reading

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