What separates the great teams from the rest? It all starts with trust.

A lack of trust, where vulnerability is not respected or rewarded, leads to fear of conflict among team members. Without healthy debate and critique, they never go deep, causing an absence of commitment to develop where team members avoid accountability all together. Team members pursue personal gain and status over team victory. Ultimately this inattention to results – team results – brings an end to a once promising group of talented individuals.

Pat Lencioni has named this chain reaction of failed leadership The Five Dysfunctions of a Team in a book by the same name. I suspect most of us have been on a dysfunctional team or experienced dysfunctional leadership.

“The best team is the one that challenges you as a leader to be better.” – Tracy Hutton

Tracy Hutton is CEO at CENTURY 21 Scheetz and this episode's guest. She didn't get there by chance, but by sticking with a career choice at a young age and working her way to the top. A shared love of sports brings Tim and Tracy into a conversation about teamwork and how leadership isn't a one-person game. Also, Tracy gives insight into how having that edge and being successful has its fair share of sacrifices.

Check out this episode of The Edge Podcast:

Warren Buffett said, “there are two sides to every coin…price and value. Price is what you pay, and value is what you get.”

In today’s healthcare system, there is a broad range in both price and value, and unfortunately, traditional health plans do not effectively support members consistently using high-quality, affordable providers and facilities.

On the value side of the coin, there are several reputable quality measures that consistently demonstrate wide variability in safety scores, infection rates, and overall health outcomes – even between two hospitals within the same system! And the statistics on unnecessary care, overuse of testing, and misdiagnosis are staggering.

“You put yourself in a position to get lucky.” – Ryan Hasbrook

Ryan Hasbrook and his team built a company from scratch out of a basement in Broad Ripple. This district of Indianapolis is infused with culture and family. These are two values the team at Eight Eleven Group wanted to insure would define them through the years. Ryan talks with Tim about creating luck and how to keep a culture.

Check out this episode of The Edge Podcast:

In 2017, legendary investor Warren Buffett famously stated, “Medical costs are the tapeworm of American economic competitiveness," indicating in no uncertain terms that rising healthcare costs are the number one problem facing American businesses. Currently, healthcare spending represents approximately 18% of America’s total Gross Domestic Product (GDP) and nearly double per capita compared to other developed countries. To make matters worse, life expectancy is far less than that of comparable nations even after adjusting for age and non-treatable causes of death. Despite these facts, the cost of healthcare continues to rise, consistently outpacing inflation and overall economic growth. Whether you are a business owner, community leader, or industrial worker, you can relate to the pressure from rising healthcare costs and its consequences.

Today we’re sharing insight from guest blogger Connie Chwan, Certified EOS Implementer™. We hope you enjoy Connie’s wisdom and perspective.

“Urgent things shout…important things whisper. Listen to the whispers.” Though I do not know whom to attribute this quote, this powerful sentiment has rung true throughout my lifetime.

It is easy to focus on the urgent in our businesses and in our personal lives. The urgent is standing right in front of us, demanding attention, poking us in the shoulder if we momentarily avert our gaze.

Addressing the urgent things in our business feels productive. There are times when you could make the case that solving the issue that shouts at you loudest is productive. But I doubt you can make that case every time something urgent pops up. More importantly, if you find yourself constantly choosing the potential for productivity as your purpose for solving an issue, some deeper issues will likely stay hidden underneath.

I can make the case that productivity isn’t about getting more done; it’s about what you get done.

Many organizations believe having multiple brokerscompete for their business via a bidding process will result in the best overall insurance and risk management program. To dispel this longstanding myth, it is important to understand how the commercial insurance marketplace truly works, and why many organizations are changing the way they buy insurance today.

"Trial by fire made me realize that if you break it down to process and common sense, things aren’t as complicated as they seem." – Matt Wojewuczki

Matt Wojewuczki is a retired Air Force Lt. Colonel and never stopped taking risks throughout his career. At age 45 he decided to go all-in on Microtech Welding Corp. With a strong team and a family that was willing to make sacrifices, Matt found himself at the helm of something new that he was sure would ultimately pay off.

Check out this episode of The Edge Podcast:

Who is your all-time favorite teammate? What virtues do they demonstrate that endear them to you?

It’s likely they epitomize what Pat Lencioni has labeled an Ideal Team Player (ITP):

• They are humble – without concern for their own status.
• They remain hungry – always pursuing growth and giving their best effort.
• They’re smart when it comes to people and relationships – emotionally intelligent, exercising good judgment and intuition within the team.
  
  

Indemnification is a concept whereby one party contractually agrees or is otherwise legally obligated to bear the financial risks of another party. These parties are respectively known as the indemnitor and indemnitee. The construction industry relies on indemnification clauses to manage and transfer risk. Consider some of the common indemnification provisions that may be encountered in construction contracts.