Category Archives: Leadership

Is It All About the Money?

If you have more than ten employees, and an outside observer (like me) asks them confidentially to say in one word what their boss cares about the most, what do you think they will answer? We’d like to think that answer … Continue Reading

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An Army of One

Hollywood has done an excellent job of defining what it takes to be an action hero. George Smiley, the grey civil servant of John Le Carre’s spy novels, is a protagonist, but not a hero. Heroes are cast in a distinct … Continue Reading

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Absence Makes the Heart Grow Fonder (Not!)

When you are in love, separation from your loved one is painful. The longer you are separated, the more you want to be together. The saying is attributed to Thomas Haynes Bayly, a popular (but fairly light weight) writer of … Continue Reading

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Are Mistakes Good?

“Experience is a dear teacher, but only a fool will learn from no other.” Benjamin Franklin Business owners learn a lot from their experiences. As a friend says, “Experience is what you get when you don’t get what you want.” … Continue Reading

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The (pen)Ultimate Hire

Every sane business owner will acknowledge that there is a point at which his or her own skills are no longer sufficient to grow the business beyond its current level. The revenue point where that happens differs by industry, but it frequently begins at … Continue Reading

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Employees aren’t Partners

Many of my clients are recovering from the recession. They are running lean, and have restored their profitability, even if at lower revenues than prior to 2008. Those that had to reduce or freeze employee compensation are seeking ways to … Continue Reading

Posted in Incentives, John's Opinions, Leadership, Managing Employees, Strategy and Planning | Tagged , , , , | 3 Comments

Turning Plans into Realities

We’ve discussed some simple steps to getting started on your annual business plan. (see previous post: The Seven Questions of Simple Planning). Once you have the questions answered, you can begin moving towards the actions that transform your plans into … Continue Reading

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The Seven Questions of Simple Planning

The Creation In the beginning was the plan And it sprang from the assumptions And the assumptions were without form So the plan was void of substance And darkness fell upon the face of the workers   And the workers … Continue Reading

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Getting Smart about SMART

It is approaching 2012, and (hopefully) most of us are finalizing our plans for the upcoming year. In our groups of The Alternative Board, we are asking each member to state their sales and revenue objectives. We all know that … Continue Reading

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When is a Bonus not a Bonus?

“And yet, you don’t think me ill-used, when I pay a day’s wages for no work.” That statement by Ebenezer Scrooge to Bob Cratchett in 1843 recognized the then relatively new custom of letting wage-earners have a day off for … Continue Reading

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Three Circles of Family Business

What is a “Family Business?” A large percentage of small companies have some family involved. For most, it is simple a case of providing employment to family members. If the founder of the company is also the principle revenue generator, … Continue Reading

Posted in Entrepreneurship, Exit Options, Exit Planning, Leadership, Strategy and Planning | Tagged , , | 3 Comments

You Don’t Know What You Don’t Know

This past week I’ve been interviewing prospective participants for our new “Noise Reduction System®” training which was created by Larry Linne. It focuses on teaching Second-In-Command (SIC) managers (anyone who answers directly to the owner, the First-In-Command or FIC) how to … Continue Reading

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