Bob MacDonald on Business

Sage Advice for Superior Business Management

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Entries Tagged as 'business leadership'

The Prerequisite for Leadership is the Willingness to be Alone in the Future

September 21st, 2014 · No Comments · Building Better Business Managers, Business Management, Effective Leadership

The essence of successful leadership is the ability to scout out the future and find the best path to reach it. We can all recall the stories and vivid imagery of the early 19th century “wagon trains” that carried Americans looking for a brighter future into the great unknown of the American west. Those brave [...]

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Create an Incentive Plan That Delivers More Than it Promises

June 22nd, 2014 · No Comments · Building Better Business Managers, Business Management, Employee compensation

I do believe that the concept of sharing value with those who create it is by far the most effective way to motivate fellow employees. However, fair and effective compensation plans must be properly structured, implemented and supported. Here are the steps I recommend:

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Target is Learning it is More Difficult to Retain Success Than to Attain it.

May 18th, 2014 · 1 Comment · Building Better Business Managers, Business Management, Improving Your Business Leadership

Target is not the first successful company, nor will it be the last, to learn that failure to continue to do the things that created success will lead to an “agony of success.” Have you ever heard of a company – I mean, any company – that turns away a customer because he or she [...]

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