It never ceases to amaze me when people in leadership roles tell me how unimportant it is to get to know their team members on a personal level. The usual comment is something like, “This is work, they’re getting paid to do a job — why should I care about their personal lives?” To answer this question, I will start with an example and then outline an effective way to connect with each person on your team, one by one.
We hear a lot about credibility these days, particularly as it relates to our elected officials. It has even surfaced as we evaluate the results of our sporting events (e.g., deflated footballs, blown calls). Credibility is the quality of being believable or worthy of trust. As a leader, it allows your employees to put their faith in you to make good decisions, communicate with transparency, and be a reliable source of information.
Who knew? Madison — a city governed by liberals, progressives, and socialists for the past 40 years — does not have enough regulations to contain the bloodlust of its police! At least, so those self-same rulers say.
Each year in its annual Retirement Confidence Survey, the Employee Benefit Research Institute reiterates that goal-setting is a key factor influencing overall retirement confidence. But for many, a retirement savings goal that could reach $1 million or more may seem like a daunting, even impossible, mountain to climb.
Wisconsin has always seemed to have an influence in this big wide world larger than its population of 5.7 million would suggest. Part of that influence arises from the audacious mission of the University of Wisconsin, which includes the directive “to serve and stimulate society.”
2015 is the year of visual content marketing. A big reason why is the explosive growth of visual social media networks like Instagram, Pinterest, and Vine. These networks allow for the distribution and sharing of a wide array of visual content, including slides, photos, videos, charts, infographics, and more.
From the outside, American Family Insurance might strike observers as a buttoned-down, old-line company operating in a traditional business market. Beneath that blue-chip exterior beats the heart of a corporate entrepreneur.
The least painful or expensive way to learn best business practices is not by making mistakes but rather by joining the IB family, where we highlight success stories and share cautionary tales about the missteps of others in workshops, in print, and online. Toward that goal, here’s another learning opportunity.
The adage used to be “nothing is certain in life but death and taxes,” but thanks to the efforts of innovative hackers across the globe, that can now be changed to “death, taxes, and security breaches.” To paraphrase Federal Trade Commissioner Julie Brill, there are two types of companies out there, those that know they’ve been hacked and those that haven’t yet learned about it.
The Fed appears to remain on a path to the end of its zero-interest-rate policy, despite softer U.S. economic data. The key drivers appear to remain employment and inflation data.
You may get the impression from the title that I hate email. Actually, it’s a love/hate relationship. One thing that I get frustrated by, as I’m sure you do, is the sheer volume of email that I receive at work. If I’m not keeping up throughout the day, I’ll have about 75 to 100 emails — and I’m pretty diligent about unsubscribing and blocking senders, so there’s another 25-plus in my spam!
We were in hiring mode last month, and I wanted to make sure we found the right person for the job, so when I attended a recent luncheon I asked some business friends where and how they found their most impressive team members.
The MPower Business Champions were in a sharing mood at the Jan. 23 MPower Champion Public Showcase (video link). Reynolds Transfer & Storage and Shopbop shared their bike repair stand projects. Trek Bicycles and Aprilaire shared information about their sustainable food projects. And State Street restaurant Tutto Pasta shared its energy-efficiency projects.
As 2014 draws to a close, you have more tax-planning opportunities available to you than ever before, but you also face more tax challenges. More than 50 popular tax provisions expired at the end of 2013 (many are projected to be reinstated, but as of today they have not been), so some new planning techniques are going to be needed.
There’s something terribly revealing — and inadvertently uninspiring — about the Ready for Hillary PAC’s apt but deadly dull tagline, “Ready for Hillary.” It evokes a long-neglected, distasteful obligation, like going back to school after summer vacation or getting your first colonoscopy. It may very well be for the best but … hmm.
I received this question recently: “Remind me again: why are emerging markets in my portfolio?” A good question. Emerging markets aren’t doing very well lately compared to the U.S. and many other developed markets; it makes sense to wonder why we would want to be invested in them.
A winning team rarely comes together spontaneously. It takes hard work, discipline, and effective team leadership. More specifically, an effective leader takes responsibility for ensuring that each individual within the team is in a position to be a contributing member, that collaborative team dynamics are supported, and that the overall business unit achieves results.
The U.S. Capitol building and the Wisconsin State Capitol look very similar. The State Capitol is 284 feet, 5 inches tall from the ground floor to the top of the statue on the dome, making it 3 feet shorter than the U.S. Capitol in Washington, D.C.
The nation’s energy renaissance arrived just in time, but for some strange reason, some elected officials are trying to undermine it. Thanks to recent breakthroughs in drilling technology, we have emerged as the world’s top producer of natural gas, and our ability to locate and extract shale oil makes OPEC very nervous.
David Ogilvy was a legendary adman and salesman who cut his teeth selling stoves door to door. Decades ago, Ogilvy said, “The worst fault a salesman can commit is to be a bore. Foster any attempt to talk about other things; the longer you stay, the better you get to know the prospect, and the more you will be trusted.”
1) An appliance store sells a particular TV set for $500. A government tax or regulation requires it to raise this price to $600. The store will likely sell: a. More of these TV sets; b. Fewer of these TV sets; c. The same number of these TV sets.