Tom Talks

Building a Winning Business — Leadership Blog — Tom Salonek

Tom Talks - Building a Winning Business  —  Leadership Blog  —  Tom Salonek

Entrepreneur’s Organization (EO) Minnesota

EO-LogoIf you’re the founder or owner of a business with annual revenues over $1M, consider joining Entrepreneurs’ Organization (EO).

EO is the largest entrepreneur organization in the world with over 10,000 members worldwide.  EO is not a networking group. It is a peer to peer group, designed to build better entrepreneurs.  For me, the monthly forum meeting and executive education have had a big impact on my thinking, business, and life.

If you live in Minnesota and have interest, there’s an upcoming event on Thursday, December 4th at the Minneapolis Club.  Complete this form to sign up:

Life and Work Balance Is Doable (Post 3 of 3)

drawing-out-lifeIn this final post in the series, I share thoughts on innovation and preparing for growth through education.

Professor Stewart Friedman in Work+Home+Community+Self from the September issue of Harvard Business Review states the third leadership principle is being innovative.

Friedman shares six strategies for being innovative to support the earlier described “four way win” concept.  They are:

  1. Being results focused
  2. Resolving conflicts
  3. Challenging the established way of doing things
  4. Envisioning new ways to do things
  5. Embracing change with a creative spin
  6. Creating an innovation culture

At Intertech, innovation is woven into the fabric of who we operate.   For example, once a year, through our FedEx Day employees have 24 hours to work on anything they choose.  Also, once a year, we hold a town hall–where the leadership team is absent–and the employees have an open discussion on what we should start doing, stop doing, and continuing doing as well as identify strengths and weaknesses in the firm.

Personally, I spend a month away somewhere warm every January with my family.  Most mornings start with a pot of coffee and reflection, envisioning the future, and brainstorming goals and plans to make those goals a reality.

To help prepare for leading a larger organization and think in new ways, I read a variety of magazines, blogs, and books, attend executive education–I’ll be headed to the London School of Business in March–and participate in Entrepreneur’s Organization (EO).

Friedman states “leading the life you want is a craft. As with music, writing, dance or any athletic endeavor, you can always get better at it by practicing.”

I agree!

Life and Work Balance Is Doable (Post 2 of 3)

Tug-of-WarIn the first post in this series, I outlined thoughts on the HBS article from Paul Friedman of Wharton.

At the core, his article is about an approach to work, life balance.

He shares the first step is being real.  The next step is being whole.  Ways to be whole include:

  • Being clear on expectations
  • Helping others
  • Creating supportive networks
  • Using all of your resources
  • Artfully managing boundaries

Here are a few of my own notes on the above:

  • On being clear on expectations, I’ve found Dale Carnegie’s Key Result Areas are a solid tool for setting and managing expectations.
  • On helping others and or creating supportive networks, check out the book Give and Take.
  • For artfully managing boundaries, keep in mind that people treat us the way we allow them to treat us.

The final post on Friedman’s thoughts will include ideas around being innovative