Producing

In the last couple weeks, I’ve been tested with assignments to take up positions of responsibility.

Though I do not have a problem with that it can be a challenge.

Group work and running a business is very similar. I say this because like a business, everything and everyone is dependent on the other.
Let’s use Media as an example: as Managing Director of a media company, some of my services include graphic design and photography. I offer this service to a client of mine and we sign a contract, negotiate payment…all those lovely important things.

But then as managing director, I don’t arrange with my staff where they should be going to do the photography, the date of event and what they should be designing!
There may be external problems associated with this but also, the information was not executed effectively giving my company the benefit but the communication was not clear and so the client and the company loses.

In group work it is the SAME EXACT THING (using the phrase for emphasis). It the head does not say what’s needed how the hand must know to write?
Everybody has a purpose and as bosses, managing directors or ceo’s we need to realise that we are to off load some of the responsibility to those we HIRED TO HELP!!!!

Why Leaders Get Better With Age

Late Blooming Entrepreneurs

Companies prize young talent. And rightly so. In an era of instant communication, they need young, tech-savvy leaders who can help them to get things done faster.

Still, speed by itself doesn’t equate to business success. Sydney Finkelstein wrote about this in a recent BBC article. In it, he recalls the classic Aesop’s fable about the tortoise and the hare. It’s the plodding tortoise, and not the speedy hare, that crossed the finish line first.

Experience may not bring speed – but it does bring wisdom and other traits/abilities. Among them:

Perspective – Age brings a greater ability to reflect and put into context what is happening around you.

Deeper compassion – This extends to the people in your life, both at work and at home.

A dose of reality – The illusion of perfection has long gone.

Empathy – “Once you’ve live a little, it becomes harder to go…

View original post 113 more words

One Way Government Can Help the Startup Community

David Cummings on Startups

One of the regularly debated topics is government’s role in the startup community. According to the Bolder Thesis, successful startup communities have to be entrepreneur-led, and not government- or nonprofit-led. A common government initiative is to try and help with capital (see the Invest Georgia Fund). Except more capital doesn’t create more investable opportunities. More successful startups creates more investable opportunities.

There’s one immediate way government can help the startup community: connecting local businesses with entrepreneurs. Customer acquisition is the number one challenge for startups. Local businesses, especially larger employers, actively work to maintain strong ties with the government to help keep the region moving forward. These relationships between government and influential employers are perfect to parlay into a “Buy Local” campaign.

Imagine events similar to the ATDC Industry Connect whereby select businesses are assembled to hear pitches from a curated group of startups. Much like Y Combinator’s Demo Day

View original post 63 more words

Citigroup CEO Named To “Key Administration Post”

The Baseline Scenario

By Simon Johnson

Just a few short days ago, it looked like Citigroup was on the ropes. The company’s proposal for redistributing capital back to shareholders was rejected by the Board of Governors of the Federal Reserve System. Given the global bank’s repeated fiascos – including most recently the theft of around $400 million from its Mexican unit – it is hardly surprising that the Fed has said “no” (and for the second time in three years).

The idea that Citigroup might now or soon have a viable “living will” now seems preposterous. If top management cannot run sensible financial projections (that’s the Fed’s view; see p.7 of the full report), what is the chance that they can lay out a plausible plan to explain how the company, operating in more than 100 countries worldwide, could be wound down through bankruptcy – without any financial assistance…

View original post 754 more words