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multiplier Tagged Articles
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Building a successful legacy one purposeful act at a time
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| In this article, Richard Monette expands on his popular article "The Success Formula". He uses the example of the Banff Centre - one of Canada's most well known and successful professional development hubs - 75th anniversary to present a clear recipe to building a successful legacy.
Richard highlights the importance of broadening the spectrum of criteria organizations and individuals typically use to measure their success. More specifically, Richard explains how to go beyond the concrete, easily measurable and tangible results and account for the intangible, fleeting outcomes behind those numbers.
Richard concludes that defining the fulfillment variable in the Success Formula is not a license to avoid the hard work required to deliver results.
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Exit Strategies
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| Planning on selling up soon? How many times have you heard business people say "my business is my pension"?
Unfortunately, too frequently, and unfortunately too many find that their pension isn't worth what they believe it to be. |
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The Success Formula: Success = Results Delivered X Fulfillment Lived
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| In this article, Richard draws upon his professional experience working as en executive coach, strategic change agent and peak mental performance coach with Olympic athletes to illustrate the importance and benefits of seeking complete success.
Within his clear professional purpose of coaching people and organizations to achieve their highest potential success, he presents his simple formula for success:
Success = Results Delivered X Fulfillment Lived
in simple terms, he explains how this success can simplify the quest for success… without denying the inherent complexity of such an endeavor.
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Other multiplier Related Articles
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V. Material Benefits of Microfinancing
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| Microfinance initiatives can play an effective role in addressing material poverty, the
physical deprivation of goods, services, and the income to attain them. MFIs can help people
become more economically secure. This, in turn, has a multiplier effect on people's standard of
living, enhancing basic household welfare, such as food security, nutrition, shelter, sanitation,
health and education services. MFIs can help prevent and extricate people from debt.
Oftentimes, they liberate low-income households from moneylenders with outrageous interest
rates that often reach 100% annually. Savings and credit services help people start or improve
their own small businesses, providing income generation and employment for themselves and
their families. |
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Getting New Managers to Deliver Quickly
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| As companies start transforming their businesses in response to changing market conditions, they need their people to deliver. Every CEO faces two main people challenges. The CEO's first challenge is to develop current high performers into good leaders who can put in place a multiplier effect on their talents. The CEO's second challenge is to induct new talented people and get them off the block quickly. Organizations that have a strong process culture can get their new manager's off the block quickly and with less pain. |
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Writing Tip: A Strategic Advantage that Begins at the Keyboard
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| When composing emails, you are much more productive if you think and write from the reader's perspective. This simple solution is easier said than done. An officer in charge of a U.S. Navy Shipbuilding facility calls this fundamental change a "force multiplier." He personally models this approach and coaches his staff to do the same – because the benefits are both immediate and significant. |
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INFORMATIVE NEWS FOR INVESTORS
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| Investment is a means of doubling or increasing our earning potential. It is also the art of having our money work for us with multiplier effect. There are basically three types of income/cash flow one can get as an investor.
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