Most business owners are happy to give lip service to the idea of integrity. Many of us would say that we act with integrity in our businesses. Today, I’d like to take a closer look at what this actually means. Integrity derives from the Latin integritās, meaning “wholeness.” According to the OED, the definition of integrity is […]
Tag Archives | Accountability
Employees in the workplace function best when given autonomy. Accountable employees are key to any thriving business. However, accountability in business has to go both ways–employees need to be accountable to the company and the company needs to be accountable to the employees. Many of you have likely heard Netflix’s travel-expense policy: “Act in Netflix’s best interest.” […]
By now, you should know that good feedback is an invaluable tool. In an ideal world, everyone would have a mentor with the brains and the communication skills to quickly and painlessly provide constructive criticism that launches you forward. However, in the real world, relationships like this aren’t easy to find or maintain. It can […]
Model the characteristics you want your business and employees to have. 5. Honesty Few things can hurt a business relationship as badly as one person having a hidden agenda. Honesty isn’t just about lying: it’s about misrepresenting the facts and withholding information too. Don’t keep relevant parties out of the loop. 4. Care Sometimes, you […]
Working with family will inevitably have its rough patches. Here are some tips that have helped other family-owned businesses work around the family dynamics. 1. Implement a clear chain of command. This will probably not mirror the family dynamic, so it’s critical to have a very clearly outlined chain of command. A hierarchy also makes […]
Humility: Personality and charisma are great, but humility is what really draws people to someone. Discipline: There truly is no substitute for hard work. Consistency counts. It takes discipline to be consistent.