Eyes on the prize It’s accepted wisdom that setting goals is important. Yet, for most clients I work with, I’ve seen a range of different approaches fail. Let me give you some insight into what works best. The three types of goal There are different types of goals. Who knew? The BHAG First of all there’s your Big Hairy Audacious Goal (BHAG). The 10 or 15 years out version that needs to be a big stretch. By definition this one needs to be about 20% believable. Just to be … [Read more...] about Are Your Big Goals Big Enough?
Winding down As we head into the last weeks of the year it’s time to slow down and refresh your hard-working brain. Here are a collection of great must-read business articles we shared on FP Advance social media this November, to give you a new perspective and start you thinking about next year. Great words about leadership and business from some great thinkers. Well worth a read. A human touch in a digital world Ryan W. Neal Pure Robo advice hasn't quite become the threat some … [Read more...] about Working Alongside Robo-Advisers and 4 more must-reads for your business
Managing your manager Many readers of my weekly articles are not the numero uno in the business they work in. That is, they have someone above them they report to; often the owner or owners of the business. That presents some potential challenges when you find yourself having to ‘manage up’. I’m thinking specifically here of any second generation CEOs, or practice managers who now find themselves reporting to the founder/s of the business. Managing Up I learnt a valuable lesson in … [Read more...] about How to Manage Your Boss: 5 Tips for Managing Up
The force of habits The outcomes we experience in our businesses are directly correlated to the decisions we make, and the actions we take, on a daily basis. Clearly, if you make good decisions and do what you say you will do every day, your chances of achieving your goals increase dramatically. In a recent blog from James Clear, master of all things habit, he gave an example of a simple process to become aware of your habits and to then evaluate them, and change the ones that don’t serve … [Read more...] about How to Form Good Habits (in your business and your life)
Succession questions Succession planning is one of the major issues within our profession. As the founding owners approach the latter stages of their careers, the thorny issue of ‘What next? looms large. I’m working with several firms who are addressing the succession issue directly. Some founders have even elected to attend our Uncover Your Business Potential course with the future leaders and successors within their business. Recently I attended a fantastic session in the US from … [Read more...] about The Secret to Succession Success