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There’s a lot being written these days about employee engagement and retention. It seems employee engagement levels are pretty low right now, and many experts think we’ll see a significant number of workers looking for new opportunities once the economy improves.
That could spell trouble for a lot of companies. A big exodus of staff means significant recruiting and onboarding costs. But it also means a significant drain in your “brain trust” or intellectual capital. And that more than anything can …

So much of what we call management consists of making it difficult for people to work. – Peter Drucker
It’s often tempting to judge employees at every turn. Managers often feel they are not doing their jobs if they are not judging. But good judgements require foundations. In a changing economy where knowledgeable workers now play the most important roles, Drucker believed that employees should be treated as well as you would treat volunteers, because they can take their knowledge and go elsewhere anytime they want.
If you remember that your employees …

The best people are always underpaid and the worst people overpaid. – Richard Koch
Over the years, I’ve found that many people settle for being mediocre at their jobs. According to Richard Koch, author of The 80/20 Principle, mediocrity is rampant. The 80/20 principle is based on statistical analysis that you can measure anything and find that 80 percent of the results are produced by 20 percent of the effort.
Take a look around your current workplace and observe who is or isn’t pulling their weight. If 80 percent of the work …

The average American millionaire realizes significantly less than 10 percent of his net worth in annual income. – Thomas J. Stanley, William D. Danko
I’ve come to terms that most people think that once you become a millionaire, all your worries will be over.
Until I had the privilege to work with some of the wealthiest professionals in the country, I too used to think the exact same thing. It wasn’t until after sitting down with and having talks over coffee about what it means to have a sense of financial freedom …

“Your most unhappy customers are your greatest source of learning.” – Bill Gates
The genius of Bill Gates lies not so much in his ability to create new technology–after all, he bought, not invented the programming language of BASIC, which begat DOS, which begat Windows. Rather, his genius is his sales and marketing skills. By closing the deal and getting his newborn operating system inside an IBM computer in 1980, he beat out the competing operating systems that were vying for the same honor, and he positioned Microsoft to become the …

Many of us have bought into the fantasy of becoming an overnight success. We want it all to happen now.
Sometimes, your head is bursting with ideas, yet your career track isn’t keeping pace with your perception of your talents. You may be past the initial entry-level point, yet you still have a supervisor or a manager above you whose job you covet because you know you could do it better.
Take a moment to see your position from your manager’s view and look closely at it’s importance.
Slow down. Give yourself time …