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Sam Walton opened his first Wal-Mart store in Rogers, Ark., in 1962,
the same year that far bigger retailers started Kmart, Woolco and
Target. Arkansas was so far off the beaten path, though, that Walton didn’t
attract much attention. At least, not until he came from behind and
pulled up nose to nose with the big boys. With the benefit of hindsight, it’s interesting to note how simple Walton’s success formula was:
We've all been in meetings that wasted our time. And we've said so—after the meeting, when it was too late. Here's how to get that feedback on your own meetings when you need it:
One of the biggest pitfalls with the Fair Labor Standards Act is the salary trap. FLSA entitles exempt employees to their entire regular salary in any week they are ready, willing ...
How many leaders personally ride herd on training? Very few. Yet, Andy Grove, former president of Intel and now board chairman, says
supervising company training is one of the most important tasks any
leader can assume.
Illinois Budget Director John Filan was appointed in 2003 to whack back
the state’s $5 billion budget shortfall, and he’s done it without raising broad-based taxes. Instead, he shrank the number of state agencies by nearly a third, from
66 to 46, holding the number of state employees at 1970s levels. The
operational cost of government has gone down, while education grants
have gone up, and the state consolidated 22 data centers to five.
Even liberals may come to regard the late William Rehnquist as one of the best U.S. Supreme Court chief justices of the century. Reasons: His moderation and efficiency, his fairness and good nature helped him get along with ideological opponents.
Issue: As the economy heats up, employees, yes, even yours, are wandering through the want ads and surfing job boards.
Risk: Being caught without an up-to-date retention strategy can disrupt ...
THE LAW. No one is immune from jury duty. Even Supreme Court Justice Stephen Breyer was called for duty
in his Massachusetts hometown. Al-though Breyer was dismissed from the pool, ...
Carole Howe’s strengths lie in her imaginative concepts:
tickle-your-fancy ideas that brought shops like Bow Wow Meow, Field
& Stream and Fly Babies into airport concourses. But Howe, founder and president of the specialty retail group that
operates Creative Kidstuff, The Paradies Shops and other successful
airport retail franchises, admits that she isn’t much of a planner.
Maybe landing on the beach in Normandy, France, on June 6, 1944, is what turned Waverly Woodson from a soldier into a leader. A U.S. Army medic with the all-black 320th Antiaircraft Barrage Balloon
Unit, Woodson arrived near the back of the first landing wave. Ahead of
him, the Germans were mowing men down.