Steven Burns, FAIA, spent 14 years managing the firm Burns + Beyerl Architects, during that time the firm’s earnings grew at an average rate of 24% per year. After creating ArchiOffice®, the intelligent office, project management and time tracking solution for architectural firms, Steve took his management expertise to BQE Software, where he is refining their business strategy and product development.
Other benefits of selling a firm to employees is the opportunity to mentor the next generation of employees and providing your clients with continuity. Photo: Flickr/401kcalculator.org
Only 28 percent of millennials believe that their organization is taking full advantage of their skills, research from Deloitte revealed.
According to research by talent management firm Development Dimensions International, 89% of leaders with strong interaction skills have more engaged teams. Photo: Sebastiaan ter Burg/Flickr
A leadership-succession process should involving mentoring and coaching. Photo: HA0521-021/Flickr.
It’s particularly important for sensitive communication, when having tone and body language for context makes a difference.
If initial feedback doesn’t resonate, effective leaders also know how to turn up the pressure in a way that is progressive, but not too sharp.
Employers can support employees' personal growth by encouraging them to take courses online or be mentored by more senior employees. Photo courtesy of Evan Bench/Wikimedia Commons.
In the U.S., there is a linear relationship between racial and ethnic diversity and better financial performance, a study by McKinsey found. Photo: Monisha Pushparaj/Wikimedia Commons
Using a comprehensive list of 20 distinct leadership traits, McKinsey surveyed 189,000 people in 81 diverse organizations around the world.
