The myths, the truths and the processes. CONGRATULATIONS! You’ve just finished that two-day offsite (or zoom) session to develop your strategic plan and do some executive team development. You’ve done an excellent job of getting all the stakeholders involved in defining your SWOT (strengths, weaknesses, opportunities and threats), an aspirational vision and a clear and […]
Rebounding from COVID-19 needs a focus on resilience THE SECOND PANDEMIC has hit, and it is not a virus but the insidious, and growing level of stress. Our emotional immune systems are burned out and many of us are now in a state of managed depression. In the HBR article, “If You Feel Like You […]
Follow the intuitive or linear approach RESTARTING THE ENGINE of our economy will require all of us to establish or recommit to goals. For that reason, now might be a good time to dust off some basic goal setting principles. Depending on your style there are two approaches to goal setting, Intuitive and Linear. If […]
The key is applying master disciplines NEXT-GENERATION companies recognize that the planning process of developing their mission statements can be as important as the final product. First, they are aware of 5 common challenges; adjusting to the changed economic environment, maintaining worker productivity, keeping profit margins, adjusting to cultural shifts and building tomorrow’s workforce. The […]
A great mission statement, developed and implemented the right way, engages employees, defines priorities and guides daily work. However, most people equate mission statement development with getting a root canal. Mission statements fail for five reasons: 1. Leaders develop them without involving those who implement them. 2. They choke off growth because they focused on […]
The holidays are over and we’re tempted to do what we do every January: Make resolutions for the New Year. But let’s face it: How many of you acted on the resolutions you made last year? For many, great plans start with a bang but end with a fizzle. Why is this? Why do well […]
The holidays can be challenging for some of us and emotional triggers appear to be in abundance during the festive season. Â Whether it is the stories of Christmas past or the stories and the demands of Christmas present, we certainly can find ourselves flooded with powerful emotions without realizing it. When you find yourself […]
Thanksgiving is a time where we reflect upon those things for which we are thankful. The team here at MFI wanted to take this opportunity not only to thank our clients for your trust in us and for allowing us to support you in your efforts to reach your goals but also to share our […]
Remember Newton’s Third Law of Motion:  For every action there is an equal and opposite reaction? I’ve coined a similar law for business teams: For every symptom there is a hidden root cause. Symptoms are easy to see while root cause is often hidden. Why should we care? We make decisions on what we can […]
I’ve heard it said that the only constant you’ll have in life is laundry: it’s always there, waiting to be done. Like everything else, business is in a constant state of change. Though we’ve changed our name, we’ve been around since 1992 and I’ve seen business morph and change on a regular basis ever since. […]