I recently had a long chat with CoaLogix's entertaining & insightful CEO, Bill McMahon. CoaLogix is a Charlotte-based company whose solutions decrease polluting emissions from coal-powered plants.
Here's what Bill feels are the key ingredients for success in leadership roles:
"1. Experience. You have to have it or you have to get it. In my case, I didn’t have the experience but I had friends who did.
"2. Trust. The management team must trust each other and your customers must trust you.
"3. Open communication. We have a saying here that we stab you in the front. If there’s...
It's official. I have a new title: "Mother-in-law." Much more importantly, my son has a new title: "Husband."
Husband. It's a big title for my boy. Of course, he's grown into it since the picture above was taken. On his way to accepting the mantle of husband, he was a boyfriend, then a fiance. The title of fiance included intent, but husband. My gosh, it's changed everything, added huge responsibilities.
If you're married, you know there's so much in that title that a dictionary definition doesn't mention. There's emotional & physical care, patience,...
In The Wisdom of Crowds, James Surowiecki shows that a diverse team will usually create a better solution than one person, even a very talented person. We often see that in action, whether we’re preparing a team sales presentation or the office Christmas party.
Teams can have obvious advantages by providing:
Greater intellectual & creative resources.
Broader skill & knowledge sets.
Efficiency through division of labor.
Capability for one person to engage while others are listening and problem solving.
Synergy from building better solutions on top of each other’s...