[Building Great Companies] 5 Talent / Location Factors Founders Should Consider

There are a lot of ways to build a company – some by  accident, some products of history, and some by poorly conceived thinking (see Charlotte, North Carolina – who would think Charlotte would become a world banking headquarters?). An obvious goal is to base your business where it’s got good access to customers, talent, transportation or perhaps capital: do none well and you suck up time in travel, recruiting, and moving people that could be otherwise spent toward serving customers and making great products.Read the rest

[Trick or Treat] The Trouble with Incentives

As a senior at Tigard High School, the Prom Queen was selected by a canned food competition between the three high school classes. The goal was to incent students to both show school spirit and bring in canned foods for people who were less fortunate and needed the food to eat to live.

Both competitive and adventuresome sorts, my class’ winning solution was to tin-cup class members for cash, and then ditch school to go buy canned foods at discount retailers that sold marred (but perfectly eatable) canned goods at a discount.Read the rest

[Effective Leader’s Checklist] How Do You Rate?

40 people –  including me – who coach leaders and teams as I do, got to spend an evening with Jim Kouzes Tuesday night. It was food for the mind and food for the soul.

Kouzes, along with colleague Barry Posner, authored the award-winning and best-selling book, The Leadership Challenge, which has over 1.8 million copies in print. The duo has also been active in doing field-based research, utilizing a leadership inventory they developed, which now has a database of over 1M respondents.Read the rest