One of the companies where I worked as an executive was a private equity-owned turnaround. When the PE company was initially evaluating buying the business, one of the things that came to light in due diligence was that the company paid salaries significantly below market rates. In a financial review of the company’s income statement, this was viewed as an …
Fear of Failure and How to Lead Your Team Past It
Most leaders crave a team dedicated to excelling in their roles and who have the grit to push through fear of failure when it holds them back. Most team members dream of a boss who is excited to support them by making it safe to take risks and who has the experience to help them grow. In many cases, though, …
4 Ways to Maximize Employee Potential [Like a Boss]
I had dinner with a former employee recently and he was trying to figure out if it was time for him to move on to a new company. His issue wasn’t so much his compensation, although he would have liked more, and it wasn’t so much his role, as he enjoyed most of what he did. Instead, what was bothering …