Building on that attribute, in the Storm stage you’ll need your Ability to Trust and Win-Win Orientation to get you through the stormy times this stage presents. Many alliances get stranded in this stage, as win-lose conflict resolution destroys trust and sets up the partnership for failure. As your alliance moves into initiating a task, your team begins to establish norms of behavior. This is the Norm stage. As you think about a new future, your Comfort with Change will be challenged as you begin to plan and do things differently. Keeping future oriented and not making assumptions about what your partners will do is difficult, especially if you have preconceived notions of how they are. This will challenge your Future Orientation and Comfort with Change as you move from the status quo to changing and letting go of control. While change is difficult, failure to do so can diminish trust and the quality of your output.
Archive for the ‘CEO’ Category
Keep your payday loan future oriented February 24th, 2010
Signing for the right credit approach February 3rd, 2010
Besides senior management considerations, it is helpful for you to understand what VCs and Business Angels expect by way of return on their investment. VCs will be looking for a high return and a likely exit in five to seven years. They are attracted to businesses that have a chance of going public, or being on-sold at a significant profit. (You need to bear in mind, however, that very few private businesses have a realistic chance of taking the flotation route.)
Business Angels are a mixed bag of individuals. Some of them take a professional investment approach by seeking high returns through a three to five year exit (and will keep at arm’s length from your business in the meantime). Others will be quite happy to be involved in the business in a non-executive capacity with no particular rate of return, or exit time frame in mind: these people might be, simply, looking for something exciting to do!
The webstandards way of dealing with finances online November 6th, 2009
There are some advisable practices that allow you to obtain a more flexible and reasoned approach to developing a financial website. This approach to financial content is based on standards devised by organizations such as the World Wide Web Consortium (W3C). These involve various concepts (that deal not only with money, loans and real estate), yet they all share the crucial idea of proper separation of presentation of financial data from structured content and from the behavior level of the user interface. These three levels are all potentially interconnected to the backend software running your financial website when they should not be. Modern, W3C standards advise the implementation of the three levels as follows, encompassing structured content, presentation, and behavior:
Structured Financial Content should involve valid HTML or XHTML (Extensible HyperText Markup Language) in order to mark up your content and forms (for example loan application forms). Such markup needs to be semantically built and entirely devoid of any presentation or behavior data.
Presentation of financial data should involve the use of Cascading Style Sheets (CSS). Style sheets contain all necessary presentation information for all your financial websites and applications. This presentation layer should never be incorporated directly in your CMS or application logic with the exception of references to the files, classes, and IDs.
Behavior: usually JavaScript (aka ECMAScript). Modern JavaScript has the ability to be implemented in an unobtrusive manner, using only external files and the W3C Document Object Model (DOM) instead of any kind of proprietary code. Moreover, it never contains any references to presentation of financial data directly, but instead gets and sets classes which point back to the CSS. While connected with the CMS or application layers of your money management software, no JavaScript should ever be inline or intermingled with this code directly.
