Share to Twitter Share to Linkedin Ryan Lucia, Founder of Such n Such Media & Aaron Overhead Doors. Ryan is an entrepreneur, speaker, podcast host, and consultant. To attract top talent, business leaders consistently tout their company culture as amazing, forward-thinking and welcoming to all people. And yet, according to a 2022 survey , toxic company culture is the number one reason for the many employees who quit their jobs in 2021 and 2022. Are business leaders so disconnected from the daily operations of their company, or do they genuinely feel their company culture is good even when it’s not? My Experience With Poor Company Culture Before starting my own business, I worked for a company that was eventually acquired. After the acquisition, the new leadership called a companywide meeting and explained that they wanted to prioritize mutual respect and build more meaningful relationships among employees and between employees and … [Read more...] about Every Company Has A Culture; Is Yours Good Or Bad?
Saying sorry to someone you hurt
Share to Twitter Share to Linkedin Andy Techmanski (center) briefs a Whitefish crew on the ground in Puerto Rico. Courtesy Whitefish Though Puerto Rico canceled his controversial contract last weekend, Whitefish Energy CEO Andy Techmanski is still working to restore the island’s power — and his reputation. Just days after Hurricane Maria devastated Puerto Rico, Andy Techmanski, the CEO of Whitefish Energy, arrived and offered his assistance to the Puerto Rico Electric Power Authority (PREPA) to help repair the island’s devasted power grid. He first connected with PREPA after Hurricane Irma’s glancing blow a few weeks prior had knocked out power to parts of the island. Then Maria completed the devastation. Techmanski was ready to get to work. After two decades building power transmission systems across the U.S., U.K., Middle East and western Canada with the likes of Quanta Field Services, Techmanski launched Whitefish three years ago … [Read more...] about Is That $300 Million Puerto Rico Power Contract ‘Whitefishgate’ Or Just a Red Herring?
Share to Twitter Share to Linkedin The man with the plan: Bert "Tito" Beveridge and his homemade still. Credit: Michael Thad Carter For ... [+] Forbes IT'S A BLISTERING MORNING in June, 15 miles southeast of Austin, Tex. , and Tito Beveridge is making a key point about the history of his craft vodka business. Dragging out a filthy, dog-eared copy of the ATF's federal regulations--on importing distilled spirits, wines and beer--he tells the story of talking nay-saying officials into giving him the first license for a distillery in Texas (and the only one-man booze business licensed by the feds). Out of the binding jumps a scorpion that launches its stinger into the palm of his hand. "S---," he mutters, and goes off to find Benadryl and baking soda. Sometimes reality bites. That's proving to be a challenge for Fifth Generation, maker of Tito's Handmade Vodka . More precisely: how to maintain the fiction of being a small-batch brand … [Read more...] about The Troubling Success Of Tito’s Handmade Vodka
Share to Twitter Share to Linkedin Divya Parekh , of The DP Group, covers business growth and sustainability strategies, high-impact performance and authority building. We live in a golden time of communication. Never before has humankind had more methods to tell its story. For those who want to position themselves at the forefront of their industry or to be influencers, there are almost too many ways to promote themselves to their audience and future followers. This article won’t be a comprehensive list of all the traditional and social media outlets with which to broadcast your message; that would need a rather sizable book. Plus, the list is ever-changing, with the newest and hottest social media platform being unveiled every couple of weeks. Rather, this is a missive on how to keep yourself consistent as you share your message with others. Relating your story to others is the most effective way of communicating. It is important to know … [Read more...] about How To Broadcast Your Story
Market Kurly's fulfillment center in Gimpo, Gyeonggi [KURLY] Retailers are giving up dawn deliveries in favor of new business models as the market makes it almost impossible to turn a profit, hurting initial public offering (IPO) valuations of companies as the industry goes down. Dawn deliveries, or orders made as late as midnight but guaranteed to arrive by early morning the next day, took the Korean market by a storm as delivery demand surged during the Covid-19 pandemic. Kurly, operating Market Kurly, first started offering the service in Korea in 2015, and Coupang followed in 2018, becoming the two biggest players in the dawn delivery market. Other companies rushed to offer their own dawn deliveries as the market grew, with the 2.5-trillion-won ($1.7-billion) market in 2020 projected to jump to 11.9 trillion won in 2023. Although the market has potential, companies are tapping out as the business requires huge investment. Lotte On and BGF Retail’s Hello Nature stopped … [Read more...] about Retailers ditch dawn deliveries in favor of more profitable options
Share to Twitter Share to Linkedin It's worth taking the time to isolate and identify the roots of stress. (Photo: Getty) Getty A people-management tip a day, every weekday in 2019. I did a piece yesterday on the disturbing though not surprising rise of workplace stress . So I hope this one is sort of an antidote to that - practical tips to help keep the hounds of stress at bay. Managers cause a lot of stress, but the reality is they feel a lot of it too. As a longtime manager, who managed a lot of managers, and knew a lot of managers, I can attest to that. We sometimes think management is easy, but managers get pressures from all sides: from above (their own boss, plus perhaps higher layers too, more worse still); from below (their employees, many of whom, being human, can be quite difficult ); from the side (their peers, who at times can be contentious and rivalrous). Not to mention the basic fact that in management you're also … [Read more...] about 4 Tips To Help Control Management Stress
Share to Twitter Share to Linkedin By Candice Georgiadis, social media influencer and founder of Digital Day Inc , a social media and marketing agency in California. If you’re a thought leader, then you know that it takes time to build up your brand and become an authority in your industry. You may have heard that there are different types of thought leaders—but what does this mean? Why is being a thought leader important? And how do you become a thought leader in your industry? Read on for tips for becoming a thought leader in any field. Educate others. To become a thought leader, you need to educate others. You can educate them about your industry and product, or you can teach them about your service or company mission. When it comes to educating people on what you do and why you do it, there are plenty of ways in which you can go about doing so! A good way to go about doing this is to start a blog and post regular content about your … [Read more...] about How Anyone Can Become A Thought Leader In Their Industry