Octane Results: Best Practices

Rounding with a Purpose

8 November, 2012

By Beth Armknecht Miller, president and executive coach at Executive Velocity, Inc.

One of my clients recently returned from the Baptist Leadership Conference, and during his management meeting he was reporting back on his learnings from the conference and what he intended on implementing.

As he ran down the list there was one technique that is so easy to implement and when done effectively, can provide a leadership team with valuable information. The technique is “Rounding with a Purpose,” and I wanted to share it with the Overdrive readers. In essence, it takes the traditional “Management by Walking Around” and develops a structure using questions that are thought out in advance, and that which are based on the current challenges management is facing.

Categories: Best Practices FINANCES

Tags: best practices management meetings tips

One-on-Ones: A Critical Part of the Executive’s Toolkit

7 November, 2012

By John Dillard, an EO Charlotte member and president and partner of Big Sky Associates, Inc.

I’ve spent a lot of time studying One-on-Ones (or OOOs as I am wont to call them) in the past few weeks, in both my role as advisor to clients and in thinking about my own management and leadership style. I found two sources of information that I can’t resist sharing because they are concise, persuasive and actionable. I’m hoping that if you’re a leader and you’re reading this post, you can put these two sources to work right away, as I am convinced that OOOs are a very important part of developing and deploying a strategy or significant change effort.

Categories: Best Practices FINANCES

Tags: best practices management tips

Ditch Your Strategy, Keep Your Vision

6 November, 2012

By: Karl Stark and Bill Stewart, a special to Overdrive

Strategy. Perhaps there’s no other word in business that draws such a diverse set of definitions and emotions. Just what is strategy and how is it relevant to your business?

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And how does your strategy change as your business grows?

Categories: Best Practices

Tags: entreprenreurs guest strategy vision

Back-to-School Business Growth

1 November, 2012

By: Sarah Schupp, an EO Colorado member

I started my business when I was a senior in college. It began as a project in a business-planning class, and became something so much bigger. Looking back at my college career, I can’t believe how much value I received from the available resources on campus. I honestly couldn’t have started my business without the support of the faculty and staff.

Eight years later, I still maintain a strong connection with my college. In fact, my active participation with the school is one of my secret weapons to building a successful business. Leveraging my college’s various resources has helped me build my company’s brand, recruit employees and find a variety of professional development opportunities. Here are a few ways you can connect with your local college or university:

Categories: Best Practices

Tags: business education lessons learned school tips

You Get the Staff You Deserve

18 October, 2012

By Damien James, an EO Melbourne member and the founder of Aged Foot Care Australia P/L.

I’m sure you’ve offered someone a job and it didn’t work out as planned, right? Well, have you ever made such a poor recruitment decision that it cost you your entire business, all the money you’ve ever earned and your reputation? I did, and it turned out to be the best professional decision of my life.

It all started in 1997, when I graduated from university with a bachelor’s degree in podiatry. I had always dreamed of running a successful company—just like my father—so I started a mobile podiatry business that catered to nursing home patients. Within three years, I was operating Australia’s largest podiatry service and treating more than 1,000 patients a week! Flushed with confidence, I launched a second business; a chain of sports clinics that boasted high-profile clients like Martina Navratilova and Lleyton Hewitt. As you can imagine, life was good! I was making money and living the entrepreneurial dream … and then it turned into a nightmare.

Categories: Best Practices

Tags: business help staff tips

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Octane Results: Best Practices