Presidential advisor, political analyst and university professor David Gergen talks about the importance of goals and agendas for the President. He cites George Bush Sr. as a very effective President in terms of foreign policy leadership, but sugges...
Horst Schulze, former president and chief operating officer of the Ritz-Carlton Hotel Company, is a classic example of a leader who came up through the ranks and knows how to connect with employees. During his tenure with the Ritz-Carlton, Schulze c...
Sometimes it's very challenging to determine if an employee has met established goals, particularly if that individual is part of a larger team. And it can be especially challenging to appropriately reward individual job performance within the conte...
Strategic planning, which often involves looking three to five years into the future, is critical if an organization is to take advantage of opportunities when they arise.
An organization's mission is the foundation upon which planning relies. After analyzing the future environment that is anticipated, both within and outside the organization, specific goals, objectives and strategies can be developed.
The ability of management to instill common goals and values depends, to a great extent, on its ability to communicate effectively with employees. Without thorough and effective communication of organizational goals and values, it's difficult for em...
Some view conflict as an inevitable outgrowth of the combative side of human nature. In the business world, a basic source of conflict is competition for resources or recognition within an organization. But conflicts can also be driven by outside so...
This clip talks about the importance of creating a business plan that clearly and realistically outlines goals and strategies for a new company.
Once the plans of each of the Los Angeles Music Center's resident companies are formulated, they are brought to the Music Center's finance committee for review. Then, in order to accomplish the goals they have established, the Music Center and its r...
This clip talks about the value of maintaining balance in ones' life, even while putting tremendous energy into running a small business. It also looks at the importance of being flexible and open to change.