THOUGHTS OF CHAIRMAN MAC

Trust is the most underrated aspect of the relationship between a business leader and subordinates. The presence of trust in a business relationship makes almost any objective possible. The absence of trust corrodes any business affiliation and erodes the power of the leader until nothing is possible. Trust in a business relationship is different than trust in a marriage or the trust we place in a pilot when we board an airline. I would even differentiate the concept of business trust from the idea of ethics. Not that trust can be built without being ethical, but in the context here trust has a different nuance. Creating an Environment of Trust Trust in a business relationship is about many things, but mostly it is about being consistent with those with whom we deal with. The secret to building business trust is to be the same today as you were yesterday and will be tomorrow. Trust is engendered when others can count on what the leader says as being the same as what the leader do...

  Behind every success story – be it individual, career, entrepreneurial or corporate – is a remarkable story of dedication, resilience, yeoman effort and even a bit of luck. Success is never bequeathed by aspiration, but it is almost always achieved as a result of continuous concerted effort.   There is no better feeling than the feeling of success achieved after a long, hard, honest effort. In a way, achieving success, in any form, is your way of making history. However, it’s important to recognize that achieving the desired success is not the end of the road, but only a sign that you are on the right road.   The funny thing about success is that as difficult as it is to achieve, it takes even more focus and commitment to sustain it. Success is not self-sustaining. Success is only preserved by building on it, not resting on it. In fact, success has its own way of weakening the very behavior that created it. The key to preserving and even enhancing success is by bein...