Thought Leadership

"Unless a person has a goal, or a new mountain to climb, his spirt will die" - Richard Nixon

I recently read an article posted on Yahoo Money about retiring early. This article was not discussing retiring at 55 or 60; no, it outlined a goal of retiring at 40!

What! Yes, that's correct...a goal of retiring by 40 years of age.

I also discovered from this article there is a movement of young adults working very hard, even working more than one job, to achieve this milestone. The acronym that describes this movement is FIRE - Financial Independence, Retire Early. The FIRE journey is to save at least 50% (in some situations up to 70%) of one's income to reach the goal of financial independence and n...

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A resume is a resume, or is it? The Wall Street Journal recently published an article on the changing views regarding the classic resume. The article's premise is as Gen Z begins entering the workforce, the old school resume might have gone the way of the Baby Boomer - tired and retired. The new style resume can look like an Instagram post, or even look like a marketing piece with illustrations and icons to denote hobbies. Some Gen Z resumes are even showing one's favorite emoji to express ideas. This approach may work in some situations, but my view is to process with caution! If you want to be taken seriously, a resume that looks like a dating site application will not get the job done!

The...

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"Your vision will become clear only when you can look into your own heart. Who looks outside, dreams; who looks inside, awakes." - Carl Jung, Founder of Analytical Psychology

Having an executive coach no longer carries the negative stigma it once did. It does not mean you are in the penalty box on some form of remedial plan for poor performance. In fact, many organizations now have internal leadership development programs where promotion into a senior leadership role includes an engagement with an outside executive coach. Some Fortune 500 organizations even have in-house coaches to lead the development of emerging talent. The business world has gone through a profound paradigm shift since the...

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The Carrot and Stick are pervasive and persuasive motivators. But if you treat people like donkeys, they'll perform like donkeys - John Whitmore

What a powerful statement! Management style matters! Employees today have choices; they don't have to work for the boss with anger issues who bully them into submission. Research shows that most people who leave their job quit their boss, not the company. The authoritarian style of managing - the "DO WHAT I SAY" approach - can get results, but it does have consequences. Over time, it will dampen employee's motivation and foster low moral. On the flip side, leaders that show humility achieve better results.

Today's values based leadership has cast a n...

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How to use (or not use) social media in your job search

This message is for all job hunters, and those considering a career transition: Is social media the right avenue to use for your job search? The answer is a resounding yes, but as the saying goes "Buyer Beware." For job seekers today social media allows you to build a brand and expand your outreach, faster than ever imagined. However, there are potential pitfalls in using social media. Understanding how to use, and not use social media, is vitally important to managing your brand. Moreover, it can provide a significant advantage, or disadvantage, if not used in the correct way.

Let's start with LinkedIn. It has no doubt revolutionized t...

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"The best way to predict your future is to create it" - Peter Drucker

There has been a great deal written about the "Gig" economy, highlighting its appeal to workers who desire more flexibility. Companies employing temporary or contract workers characterize the gig economy. In many ways the gig economy is the result of the death of the psychological contract of lifetime employment, which was brought about by the economic turbulence since the 1970's. Moreover, the 2008 great recession threw people out of work in mass and forced them to try different forms of employment. Companies like Uber and Lyft provided a temporary solution to unemployment. The reality of the new economy is the practice ...

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By Jim Ward

May 10, 2019

“The lousy thing about family ownership is, well, family”

Bill Plasachke, LA Times

Recently, a good friend of mine reached out to me for some professional advice. He was considering going to work for a family owned business and was not sure it was the right move for him. He was looking for a third party opinion on the possible merits, or disadvantages, of working for a family-owned business.

Working for a family-owned business can lead to a rewarding and promising career; however, one should be mindful of the possible pitfalls. As I discussed this with my friend, a number of issues arose, some of which include the following:

  • First and foremost, when you join a ...

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