Time is money, so spend it wisely during company meetings with these tips to keep discussion running smoothly, get objectives accomplished, stimulate out-of-the-box thinking and keep wasted time to a minimum.
Tax lawyer Robert Wood offers tips to help business owners stay ahead of the Internal Revenue Service, including considering tax implications before entering into any agreements, keeping a good set of records and dealing with notices from the IRS within the requested time frames.
The most important attribute of any leader is the ability to confront uncertainty by identifying opportunities rather than falling into fearful paralysis, writes Art Petty. The key is to acknowledge the doubts and unknowns, to invite advice outside your circle and to be ready to strike when opportunities are identified. "Build on successes and when a clear path emerges into a new market or customer audience, pour on the coals," Petty advises.
When everybody else in the room is saying "yes" too readily, it's up to the boss to be the voice of negativity, writes Art Petty. "Saying 'No' is the last line of defense against group-think," he warns.
Offering constructive criticism to your employees isn't fun, but it's easier if you do it throughout the year instead of waiting until the performance review, Geoffrey James writes. It's a good idea to offer feedback immediately after a problem has occurred and to listen to what your employees tell you, he writes.
Good leaders care less about being right than about figuring out what actually is right in any given situation, writes Art Petty. That implies a less authoritative approach to leadership, with bosses focusing less on imposing their will and more on soliciting opinions and perspectives before making decisions. "Effective leaders bite their tongues and ask before they tell," Petty writes.