The key to productivity is to have a meaningful and optimal incentive system. Fear is unfortunately a powerful motivator so it might be tempting to try and change behavior through punitive measures for poor performance or bad behavior. But it is a short term play. You will lose talent. On the other hand, a positive incentive, bonus or “bribe,” can also be powerful for those who are ambitious and motivated. But overly generous bribes can quickly turn someone entitled. So what is the best way to … [Read more...]
The UC 059: Is the Founder the Best CEO for the Company? Guest Todd Uterstaedt
Is the Founder of a company the best choice to be the CEO? When should you ask this question? Who do you ask? Join the discussion as Alison Gerlach, The Unapologetic Capitalist, and Todd Uterstaedt, host of From Founder to CEO, contemplate this essential leadership topic as to who is the best CEO to build the most long term value in the venture. … [Read more...]
The UC 057: Unconscious Bias: Can You Overcome Yours?
Bias, whether unconscious or not, can unwittingly keep us from recognizing great opportunities. Your bias can destroy potentially significant long term value. It is VERY important to recognize and understand your biases so that you can overcome them and be a productive and value generating leader. Often times the greatest impediment to success is ourselves, and we don’t even know it. What is unconscious bias?Bias is a prejudice in favor of or against one thing, person, or group compared with … [Read more...]
TheUC 052: Good Leaders Take Responsibility. Bad Leaders Place Blame
Good leaders take responsibility and never place blame. Everyone is ready to take credit when things go well. Yet, it is all finger pointing at others when things go south. Blame is easy. Bad leaders blame someone or something else. But blame is unproductive and detrimental. Being a productive leader means taking responsibility. This discussion focuses on recognizing the difference between blame or fault and being a strong leader and taking responsibility. Truly stepping up and taking … [Read more...]