ceo magazine, hiring
Ron West, author of “Corporate Caterpillars: How to Grow Wings”

By the time most business leaders utter those immortal words “you’re fired” they are usually massively relieved. It is often said that no leader ever wishes they had waited before firing an employee. Most wish they had done it much sooner. But does it really have to be that way? Is there no alternative? Actually, there are five things that you can do to avoid firing an employee.

ceo magazine, business growth
David Martin and Kathy Quinn

Successful growth initiatives require an organizational shift at two levels, above and below the surface level. Even something as seemingly obvious as prioritizing the customer in an organization where this has not historically been the case demands more than a detailed list of new customer-centric processes. Processes, which are the visible, above the surface level things, change activities and put the organization in motion.

Gary C. Smith

Every business has problem inventory; items sitting in a storeroom or warehouse with little or no chance of ever being sold. But a growing number of businesses are taking advantage of an IRS regulation that lets them turn that merchandise into a federal income tax deduction by donating it to charity.

Jim Alampi

The single most critical leadership skill in growing companies is delegation. The absence of this skill in the CEO or at the executive team level causes more companies to get “stuck” than any other behavior. In a startup, being a hands-on executive is a useful characteristic, but once the number of people in a company grows, organizational complexity grows too. In order to take your company to the next level of growth, you must become a skillful delegator. 

Colin D. Baird, Vice President, Sullivan Curtis Monroe

Executives I speak with are interested in learning more about how Dr. W. Edwards Deming from M.I.T., and Dr. Taichi Ohno transformed Toyota Motor Corp (TMC) from a small fledgling automatic loom company in 1924, into one of the world's most efficient, and profitable automotive companies in 2013. Toyota also maintains some of the highest levels of employee engagement in the business while maintaining the highest inventory turns, so how do they do it?

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