The Airline Simulation Shortly after college I found myself in a rapidly growing service organization on the fast track to management. Being in the professional world was a phenomenal new experience, so I was eager to soak up as much knowledge and experience as I possibly could. After a year or so, I had all the confidence in the world and...
In this interview, Management Stack's Jennifer (Duff) Eversole offers advice to CFOs and those striving for that role. Jennifer talks about motivation, employee alignment and engagement, and the difference between a good and a great CFO. https://soundcloud.com/cfomindset/cfo-interview-jennifer-eversole-managementstackcom?utm_source=soundcloud&utm_campaign=wtshare&utm_medium=Facebook&utm_content=https%3A%2F%2Fsoundcloud.com%2Fcfomindset%2Fcfo-interview-jennifer-eversole-managementstackcom ...
What makes people passionate? In the age of knowledge work, employees crave the feeling that comes from knowing that the work they are doing is making a contribution towards the company’s success. Let’s face it, most people don’t want just a paycheck. They want to be a part of something bigger than themselves. This is the essence of employee engagement. Engaged...
Strategy execution is one of the key ingredients in the secret sauce of successful companies. But more often than not, companies don’t effectively translate their strategy into action. In many cases, leaders state a vision and then either put it on a shelf or just assume that everyone knows what to do to get there. But in order to make...
Peter Drucker famously quipped that “Culture eats strategy for breakfast”. But maybe culture and strategy should just be friends and eat breakfast together. Culture All companies have an organizational culture, whether they focus on it or not. Culture is all about the attitude of the company, it’s beliefs and values. It influences how people behave. Companies like Google and Zappos have very...
Value Based Economics I distinctly remember the day that I learned in one of my many business classes in college that the purpose of any business is to “maximize shareholder wealth”. The professor taught that the end goal of any company is to make more money for the owners. I operated under this premise for many years as I ventured into...