How to "Keep Calm and Carry On"

Last week Lady Margaret Thatcher passed away at the age of 87. This conspicuous former UK Prime Minister was also known as The Iron Lady because she never feared taking unpopular decisions. “If you just set out to be liked, you would be prepared to compromise on anything at any time, and you would achieve nothing." In her speech shortly after the Brighton hotel bombing in 1984, Lady Thatcher stated “We are sho...

Normal is crazy enough: 4 things you need to know about doing business with the Dutch

Next month, on April 30 or 'Koninginnedag', Queen Beatrix will abdicate in favor of her son Willem-Alexander. And although the entire nation will go slightly crazy - painting itself and everything within eyesight in the brightest orange available, the Dutch motto when doing business is: 'Act normal - that's crazy enough.' Even if it is not said out loud, it is always top of mind for the Dutch.  Appreciate its impor...

The Hindi hacking spirit: how to use Jugaad innovation in tough economic times

“Capital isn't so important in business. Experience isn't so important. You can get both these things. What is important is ideas. If you have ideas, you have the main asset you need, and there isn't any limit to what you can do with your business and your life." Harvey Firestone, founder of the Firestone Tire & Rubber company This quotation makes me wonder if the raise of the innovation subsidies for Top Ind...

Team management: how to build trust

“When a train goes through a tunnel and it gets dark, you don’t throw away the ticket and jump off. You sit still and trust the engineer” (Corrie ten Boom) Last week I trained a group of junior managers on coaching their team. One of the topics on the agenda was giving and receiving feedback, another was practicing coach sessions.  Even though the example in this article is about junior managers learnin...

5 reasons why your small company is great

For a starting entrepreneur mostly working by yourself it is sometimes all too easy to feel insignificant. I must admit I every now and again feel like that. If this happens I remind myself of something Anita Roddick, the late founder of The Body Shop, once said: “If you think you’re too small to have an impact, try going to bed with a mosquito” Think about it: is “big” a guarantee for making an impact a...