How to Set Transformative Career Goals/ Life Goals

How to Set Transformative Career Goals/Life Goals Around this time of the year we tend to consider our life goals/career goals, and how to make sure they are meaningful. First, let me ask you a question. Do you have this constant feeling that there is more to life? That something is missing? Something big is missing. If yes, then this article is for you. If not, then you are likely already on the right path and can benefit more from other articles/content on our platforms. But If you do feel like something is missing, this is actually a common feeling.…

Leadership Challenge on a Consulting Engagement

Leadership Challenge on A Consulting Engagement We will discuss a common leadership challenge consultants face on a consulting engagement. There are, of course, many challenges. But one central leadership challenge is how to balance needs for the success of a company/client and the personal happiness of the executive leading the company. In many situations, the personal happiness of the CEO of a company is always subordinate to the success of the company. Even if the CEO is going through a bad personal situation, consultants tend to define success as whether the company is successful in the short-term. They do not define success through the metric of the executives' happiness. The CEO may end up personally unhappy and burnt out from being forced to undertake the recommendations we put forward. And that is a problem for the longer term, shareholder value creation, and succession planning. A company that is performing well but has an unhappy CEO is essentially going to lose that CEO soon. Setting your consulting firm apart The problem is that client is not the CEO. If you position your consulting firm so that your client is the primary shareholder, and this makes sense when you are serving a…

Business Intuition – Step-by-Step Guide to Improve It

Business Intuition – Step-by-Step Guide to Improve It What is business judgement or business intuition? What is good, or bad, business intuition? Is business intuition the same for marketing, digital and IT, strategy, and even operations? Is it your understanding of business? Can you have business intuition if you do not know much about business? Do you need an MBA to have business intuition? Can a person without a university degree have business intuition? How can you use relative reasoning to improve your business intuition? Summary: We define business judgement, or business intuition, as the way we interpret information. And the way we interpret information is the sum of our experiences, formal knowledge, social networks, informal knowledge. Then it is our willingness and ability to draw on them when interpreting information. We will use the term business intuition primarily since it is a more common way to refer to this skill, although we prefer to refer to it as business judgement. Business intuition is routinely listed as a key soft skill or business skill. Yet, at the time of writing this article, Wikipedia did not have a definition for business judgement or business intuition. This article will provide a definition and teach you…