The Three Most Important Qualities of a Leader

I have just come out of two intense days of professional development. The first day involved a presentation to 70 franchising professionals on The Science of Successful Franchising. To prepare for this session, I reviewed FRI’s latest data on what creates an ACE Mindset in franchisees. This is where they Advocate the franchise to others (essential for a network’s growth), are Committed to ongoing investment in their business (essential for brand health), and are Engaged in supporting the strategies of the network (essential for a healthy franchise relationship). A large part of this presentation was on the qualities of effective franchisor leadership because our research has shown this, more than any other factor, influences the ACE Mindset. Read entire post

What’s Your Purpose?

There’s a story of a Prince who had taken over the running of the Kingdom after the sudden death of his peace-loving father. The Prince was inexperienced in the ways of leadership and wanted to prove his worth. His power-hungry generals suggested an invasion would show others his strength (and of course increase their power). Read entire post

Growing with Confidence

Last year Aziz Hashim, Chairman of the IFA, addressed our annual Multi-Unit Summit to an audience of 130 franchisees and franchisor executives. Because Aziz is, amongst other things, a highly successful multi-unit franchisee, he spoke with passion and credibility. His clear and direct message was this. Read entire post

11 Ways to Keep Franchisees Growth-Minded

In this Tip I'll share 11 growth strategies to emerge from a franchise operations leadership breakfast we held on the topic “How to Encourage Franchisees to be Growth-Minded”. Read entire post

The Hubris Trap and How to Avoid It

I just watched an interview with one of the world’s greatest violinists, Joshua Bell. He was asked by a rather serious journalist, “Apart from your obvious musical skill, what are the qualities that have helped you succeed in this industry?” His response caused me to burst out laughing with delight because I had literally just completed a blog quoting the world’s most popular business author on this topic. Joshua Bell grinned and simply said “Luck”. Read entire post

The Sock Thief

I once operated a bakery cafe where we made all our pastries from scratch. Because our top-seller was apricot danish, we kept a large stock of tinned apricots. One evening when reviewing our supplier invoices, I noticed we were buying more tins of apricots, which was strange as I knew our sales of apricot danish had remained pretty constant. Read entire post

This is No Joking Matter

While I love to run workshops, it’s even more fun learning from wise colleagues and teachers. Moshe Lang is one of these, a highly experienced psychologist with a strong interest in humour. Moshe is also one of Australia’s leading family therapists. Last weekend I attended a workshop he conducted on the use of humour by psychologists. While the room was hot and stuffy, (the air conditioning in the building was turned off) I can only describe my experience as a breath of fresh air. Read entire post

Name it to Tame it!

I’m just back from the IFA Convention in Las Vegas where I gave a talk on how to increase franchisee engagement in group meetings and conferences. In this Tip I’m going to share the most important point I made, which is to identify what’s important to the people in your audience, and then name it. Read entire post

Confessions of a So-Called Expert

When I was 12 my dad brought home a vinyl LP record containing a live lecture on life skills by a well-known New York psychologist, Dr Murray Banks. I was fascinated by the ideas and the light-hearted way these were communicated. As I repeatedly listened to it, I remember thinking “what an awesome way to earn a living”. Fast forward 50 years and I am grateful to have been able to study and share my own insights on the psychology of business and everyday life. But knowing about something doesn’t necessarily make you good at it. For instance, I spend most of my time writing and talking about communication and relationship skills, but I occasionally marvel at my personal ineptitude in these areas. Read entire post

Lessons from a Leprechaun Taxi Driver

As part of a European speaking tour, I’ve been staying in an old rambling hotel in Dublin, formerly a monastery. It’s been fun wandering around the underground corridors, filled with so much history and character. This morning, while checking out at reception, I was pleasantly surprised to meet what I can only describe as a leprechaun taxi driver. I had just asked how I get a taxi, when this vibrant little fellow literally popped out from behind a pillar. “At yer soivice” he announced. Read entire post

Greg Nathan is a psychologist, author and an international expert on the franchise relationship. Connect with him on Google+ or Linkedin.

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