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Helping business owners grow their companies and transition with confidence, added value and complete control.
Tag Archives: business strategy
When Supervisors Become Managers
Any promotion means more responsibility. Few steps require as big a leap as the transition from supervisor to manager. Each step up the ladder involves a change in tasks, but an employee’s first managerial position necessitates a change in thinking; one which isn’t … Continue Reading
Posted in Customer Relations, Entrepreneurship, Incentives, Leadership, Managing Employees, Strategy and Planning
Tagged business ownership, business planning, business strategy, employee performance, employees, entrepreneurs, entrepreneurship, management, promotion, small business, small business advice
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Structural Tension: Is It Good or Bad for Your Business?
Logically, no one would enter into a business relationship where anything that is better for one party is worse for the other. Such a zero-sum arrangement would quickly grow tiresome. Either one party is consistently losing in every transaction, or … Continue Reading
Posted in Business Perspectives, John's Opinions, Politics and Regulation, Strategy and Planning, Technology
Tagged business ownership, business planning, business strategy, entrepreneurs, entrepreneurship, health care costs, health care reform, management, sales, small business, small business advice
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Technology and Bunker Hill Tactics
In a small business, underused technology could be considered a “Bunker Hill” error in using your competitive capabilities. Last Wednesday, June 17th, marked the 240th anniversary of the Battle of Bunker Hill. Ranked as the 6th most costly battle of the Revolution in terms … Continue Reading
A Machine is Coming to Steal Your Business
We accept, almost without question, the idea that technology can make us more efficient. No small business owner would dream of replacing his or her PC, email and copier with a room full of typists. How enthusiastic will we be when a machine can … Continue Reading
Posted in Business Perspectives, Economic Trends, Entrepreneurship, Leadership, Managing Employees, Strategy and Planning, Technology
Tagged business ownership, business planning, business strategy, employee performance, employees, entrepreneurs, entrepreneurship, leadership, management, small business, small business advice
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Invisible Discounts
In the words of the late, great Father Guido Sarducci of Saturday Night Live fame; “I canna teach you everything you need to know about business inna fiva minutes. You buya something, and thena you sell it for more.” A … Continue Reading
Effective vs. Efficient: A Tale of Two Cities
Some organizations are effective. Some are efficient. From the customer’s perspective the two may look very much the same, but the difference to your bottom line can be substantial. A few years ago my wife and I toured Vienna, and … Continue Reading
Where are All Those Jobseekers?
Workers: There are currently 5.1 million job openings in the US; an all time high. While the official unemployment stands at 5.5%, the U-6 unemployment rate, which includes people working as little as one hour a week for “economic reasons” … Continue Reading
Does Investment Capital Make Sense for Your Business?
In the business acquisition world, deals where a seller keeps some equity for a future round of merger or acquisition activity is generally known as getting a “second bite of the apple.” Private Equity Groups (PEG), of which some 5,000 currently operate … Continue Reading
Posted in Business Perspectives, Economic Trends, Exit Planning, Selling a business, Strategy and Planning
Tagged business, business brokerage, business ownership, business planning, business strategy, economy, entrepreneurship, exit planning, exit strategies, selling a business, small business advice
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Regulation: Between a Rock and a Hard Place
True story: A fortune 500 company implements a new wellness plan for employees. It’s designed by consultants who use the Affordable Care Act (Obamacare) as a template. Workers are incentivized to get regular exercise, quit smoking and lose weight; with … Continue Reading
Posted in Business Perspectives, Entrepreneurship, John's Opinions, Managing Employees, Politics and Regulation, Strategy and Planning
Tagged business ownership, business planning, business strategy, employee performance, employees, entrepreneurship, health care costs, health care reform, hiring, management, politics, sales, small business, small business advice
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Do Titles Make Leaders?
You’ve promoted a great employee beyond his capabilities. He is putting in long hours, but appears unable to keep up with the new responsibilities. In fact, he doesn’t even seem to understand what those responsibilities are, or what they should … Continue Reading
Posted in Entrepreneurship, Leadership, Managing Employees, Strategy and Planning
Tagged business ownership, business planning, business strategy, employee performance, employees, entrepreneurship, financial, hiring, leadership, management, promotion, sales management, small business, small business advice
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