I've Been Thinking...

A commentary

About the reasons why businesses succeed and fail. Everyone has a theory – just go to Amazon.com where there are over 588,000 business books listed, 140,000 relate to management and leadership. With so much information it is difficult for today's manager or leader to sort through the volume to develop a success formula. So to help, in this issue of the newsletter, I have identified (from a significant amount of research) my top ten list of the things that will make your business fail – see the Take Action section below. Correct these and you have a formula for success. Allow them to continue uncorrected and they will negatively affect your performance and profits.

Take Action

The Ten Reasons Your Business Will Fail

You have no choice but to be great; ordinary products, services, workplaces and employees insure you are forgotten. And if forgotten, you are out of business. Stay successful by knowing the reasons businesses fail. Your business will fail if:

Your business vision is not bold and audacious enough to attract great employees and loyal customers, or it is great but no one knows it.
You have the wrong employees working for you, or you have the right employees placed in the wrong roles.

What's Hot!

Attention Women – learn to navigate the obstacles to management.

Women earn approximately 80% of what men earn for the same roles (African-American women and Latinas earn even less). In 2007 Catalyst created the following pyramid about the presence of women in the workplace:

The Humanetrics Mission

We offer practical, dynamic, innovative and customized education and consulting to significantly advance our clients' personal and professional performance.