Entrepreneurs and Intrapreneurs
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Entrepreneurs and Intrapreneurs

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In our second interview of our Q&A series, we were fortunate enough to interview Dr. Carlos Zorea, founder and CEO of Zorea Consulting, located in Chicago, IL. At 72 years of age, Dr. Zorea a graduate of Standford University’s Graduate School of Business, is a business management expert with fifty years of experience. Zorea Consulting helps their clients succeed, transforms how they manage their business, drives profitability and increases the value of their business. (read more)

by Sheyi Davies

Univsion

Univision Conexion interviews Zorea Consulting & “Manage It Right!”

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Univision Conexion recently interviewed Carlos Zorea and Dee Zorea of Zorea Consulting about their new business management book, “Manage It Right!” and the importance of empowering middle managers with the right tools & know-how to improve business operations and organizations’ value.  View the interview (in Spanish), click here.

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Not an Entitlement: Keep Bonuses Performance-Based

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If an organization’s short-term incentive programs are not driving better employee performance, they are just wasting money… Moreover, the incentive money paid to low performers “might be better invested in needed capital equipment, new personnel, new business initiatives and so on, said Carlos Zorea, CEO of Zorea Consulting in Chicago. (read more)

by Joanne Sammer

Univision Radio

Univision Radio interviews Zorea Consulting

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Univision Radio recently interviewed Zorea Consulting about the new book Manage It Right! For the full interview (in Spanish), click here.

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Kirkus reviews “Manage It Right!”

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“A demanding road map for turning around a failing business… valuable business insights… Tough-love business management advice that never loses sight of the big-picture economy.” (read more)

 

Manage It Right!

Is your bonus compensation system fair?

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Have you ever observed that businesses owners and compensation decision-makers in organizations over-bonus too many of their employees, be they under-performers or equal-bonus recipients regardless of performance? This is unfair to both the employer and the employees. It is unfair to the employer if the company is paying too much in bonuses. Those bonus monies might be better invested in needed capital equipment, new personnel, new business initiatives, etc. It is unfair to the high-performing employees whose bonus compensation does not reflect their relative contribution compared to lesser-performing colleagues. Unfair bonus compensation is a morale killer — it tells high-performers that their contributions are not valued as much (relative to the lower performers receiving bonus) and it unnecessarily rewards the lower performers. Over time, higher-performers will seek other opportunities outside the company, and the company is left with over-bonused under-performers. So why do so many companies endure these scenarios and […]

Manage It Right!

Strategic Planning is Dead!

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Although “seat-of-the-pants management” can work for a start-up for only so long, it is not a sustainable and scalable approach to growing a business. This explains why many start-up founders who are addicted to this style of management either fail to grow their company, are themselves replaced, or invite other leaders to help them grow. Although we rarely hear of those that did not make it, recall such famous examples as when Microsoft’s Bill Gates on-boarded Steve Balmer, when Apple’s Steve Jobs was ousted by his own board, or when Google’s Sergey Brin and Larry Page welcomed Eric Schmidt as Chairman. “When?”: That being said, the sooner the founder can think about his or her growing business strategically, rather than just tactically, the better. So that’s the short answer to the question “when?” The bigger and more impactful challenge relates to the “how?” “How?”: For many companies, traditional strategic planning […]

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How to identify and eliminate useless meetings

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You look at your calendar, and you see it — that meeting, the one where people talk but nothing gets done. How can you identify and eliminate useless meetings from your schedule? Here are some expert tips… (read more)

by Catherine Conlan