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By Todd Dewett | Wednesday, November 26, 2014

Develop a Personal Board of Directors

Some managers are creating a personal board of directors

The very smartest among us realize we’re not that smart.

That’s why we seek the counsel and advice of other quality professionals. Some use a coach or a mentor. Others are now taking this idea even further:

Why have only one advisor when you could have multiple? That’s why you might want to think about creating a personal board of directors.

By Whitney Johnson | Sunday, September 21, 2014

Entrepreneurs: Do You Have a Business — or a Hobby?


As an aspiring entrepreneur, one of the questions you need to ask yourself is, “Do I have a business—or just a hobby?

The word hobby comes from the word hobbyhorse, a fancy toy, hence the sometimes pejorative use of the word.  Historically, if you did something just for fun, you were described as an amateur, which derives from the French word for lover of; whereas if you engaged in an activity for a reward, you were considered a professional.

Over the last century, as we’ve had the resources to give our dreams more sway, especially in the developed world, more and more hobbyists are becoming experts, and there is more and more demand for a hobbyist’s expertise.

But before you go quitting your day job, you need to first determine if your passion is a potential business, or if it should remain a hobby. It only takes three steps:

By Todd Dewett | Wednesday, September 18, 2013

Building new leaders is your job: Management Tips


Explore Management Tips at lynda.com.

One fatal flaw for many middle managers is an overzealous focus on their own careers. It’s not about narcissism; in the middle ranks, managers are often wearing many hats, working long hours, trying to manage up and down the hierarchy, etc. So it’s not uncommon for them to fail to invest adequate time developing others.

In the first of this week’s Management Tips, I’ll show how developing others is a core part of any leader’s job—and if you work in a high-performing organization, you’ll be expected to demonstrate that ability before further promotions. Once you do start helping your team members develop their abilities, remember that they may think and learn differently than you do. So what works for one (direct coaching, for example) might not work well for another (who needs classroom training).

By Todd Dewett | Thursday, August 15, 2013

Four well-intentioned workplace time wasters

Use the 80-20 rule to prioritize your work

Explore this course at lynda.com.

All of your work matters—but some matters more than the rest of it. In my new course Managing Your Time, I share my favorite time management technique: applying the 80/20 rule to classify all your work (people, tasks, and projects) as being of mild importance (the 80 percent) or of serious importance (the 20 percent). The 80 percent is just work that has to be done, but rest is the really good stuff: the work that will make you, your team, and your company better.

Focusing too much time on issues of lesser importance is one way we waste time at work. Here are four other time wasters you have to watch out for if you want to maximize what you get done every day.

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