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Helping business owners grow their companies and transition with confidence, added value and complete control.
Tag Archives: business ownership
Don’t Train with Customer Pain
I have lot of favorite books. In business, they range from cutting edge theory to some of the little “quick reads” that build a single management or behavioral point around an allegory. One of the best in the latter category … Continue Reading
Why Health Insurance Isn’t
Last week I wrote about the success of Obamacare in driving people from the private insurance market towards a national healthcare system. Clearly, I touched a nerve when I look at the tone of the responses received. Although I don’t … Continue Reading
Posted in Economic Trends, John's Opinions, Leadership, Strategy and Planning
Tagged Baby Boomers, Boomer Bust, business ownership, business strategy, economy, entrepreneurship, exit planning, exit strategies, health, health care costs, health care reform, management, medicare, politics, small business advice, social security
8 Comments
Obamacare is Working, or it Isn’t
A few weeks ago I received notice of our annual health insurance increase. This year it was 38% more to keep the same coverage. Last year the proposed increase was 22%. The year before 12%. The year before that, 18%. The next … Continue Reading
Do You Have a Director of GSD?
One of the biggest challenges for a small company in dealing with a giant customer is navigating bureaucracy. When two smaller businesses are working together, there is discussion, negotiation and decision. In a big organization, that is just the beginning … Continue Reading
Will Small Business Win in the End?
A few weeks ago Schumpeter, the nom de plume for each current author of the business op-ed column in The Economist, postulated the decline and fall of the Western Corporation. Could small business be the little furry mammals of the 21st … Continue Reading
Posted in Business Perspectives, Economic Trends, Leadership, Politics and Regulation, Strategy and Planning
Tagged business, business ownership, business planning, business strategy, China, economy, entrepreneurs, entrepreneurship, international relations, management, media, new business, politics, public relations, small business, small business advice, trade
4 Comments
Boomers and the Lost Generation
Those who read this column regularly are well aware of the huge shifts underway as a result of the Baby Boomers’ coming exodus from the workplace. Those who aren’t familiar with the issue are invited to download my free, 45-page … Continue Reading
Posted in Business Perspectives, Exit Planning, Exit Strategies, Managing Employees, Strategy and Planning
Tagged Baby Boomers, Boomer Bust, business ownership, business planning, business strategy, employee performance, employees, entrepreneurs, entrepreneurship, management, recession, small business, small business advice
1 Comment
Measurement is Not Management
“The employees respect what the boss inspects.” Since Frederick Winslow Taylor published The Principles of Scientific Management in 1911, breaking down tasks into measurable pieces had been the cornerstone for employee training and tracking performance. Why then, do many large organizations with … Continue Reading
Posted in Customer Relations, Entrepreneurship, Incentives, Leadership, Managing Employees
Tagged business, business ownership, business planning, employee performance, employees, entrepreneurs, entrepreneurship, hiring, leadership, management, sales, sales management, small business, small business advice
4 Comments
Is There Anything CEOish for Me to Do?
The line is from one of my favorite New Yorker cartoons. It’s being asked by an executive of his secretary. It is also a common question of business owners who have built successful organizations. The need for a CEO is present … Continue Reading
Germany Makes a Business Decision
Germany just announced that it could accept an additional 500,000 refugees when other countries are jockeying to accommodate as few as possible. As much as the announcement was portrayed as a humanitarian effort, it is just as likely a simple business decision. Few members … Continue Reading
Posted in Economic Trends, John's Opinions, Politics and Regulation, Strategy and Planning, Top Blog Posts
Tagged Baby Boomers, Boomer Bust, business ownership, business strategy, China, economy, employees, entrepreneurs, entrepreneurship, exit planning, exit strategies, international relations, management, politics, recession, small business, small business advice, social security, trade
7 Comments
Companies Sell for a Multiple of…What?
Last week we discussed the difference between Main Street and Mid-market companies regarding their prospects for finding a buyer. You can read it here, but the short analysis is that the market is tightening for Main Street businesses, while the … Continue Reading
Posted in Economic Trends, Entrepreneurship, Exit Planning, Selling a business, Strategy and Planning
Tagged Baby Boomers, Boomer Bust, business ownership, business planning, business strategy, employee performance, entrepreneurs, entrepreneurship, exit planning, exit strategies, financial, leadership, management, selling a business, small business advice
5 Comments
The Toughest Part of Performance Reviews
There’s been some noise in the business press of late regarding large corporations’ decisions to eliminate performance reviews. Like those who have installed unlimited PTO (Paid Time Off) and other “new” management methods, review-less organizations are deemed to be more … Continue Reading
Posted in Entrepreneurship, Incentives, Leadership, Managing Employees
Tagged Baby Boomers, business ownership, business planning, employee performance, employees, entrepreneurs, entrepreneurship, hiring, leadership, management, media, public relations, small business, small business advice
7 Comments