Jéan VenantAll Articles
Creating Leadership Bench Strength for Succession Planning
Listen in to Jéan's insight into how to create organizational bench strength to power your business through transition. The term bench strength may appear indirectly placed in your business as the term generally relates to a weight lifting exercise. However, just as an individual leverages a bench press to create power and strength in their body; top talent creates power and strength in businesses. if we conceptualize the components of skills, capabilities, experience, and who contributes those components daily to the front of your business, it would then be apparent that your management team would [...]
Bench Strength and Succession Planning
The term bench strength may appear abstract and very indirectly placed in your business as most would consider the term (bench-strength) to define one person laying on a bench-press while on the brink of lifting a weighted bar. However, if we conceptualize the components of skills, capabilities, experience, and who contributes those components daily to the front of your business, it would then be apparent that your management team would fit the direct descriptive title of bench-strength. These highly skilled individuals create a buffer and apply critical thinking around the issues, adjustment, and success amongst your customers, employees, and [...]
Preparing The Family Business For Its Next Move
Succession planning is vital for every family business owner. For many, the family business is a legacy vessel, and in other cases, the family business only lasts one generation and will need to be successfully sold when you exit. Regardless of which camp you are in, succession planning is critical. Who will take the reins? Who can I trust? What is tied to the “reward”? Who is tied to it? Will my children be capable and or willing? What do you do if your child is not a realistic option? Congratulations to those with a child as a potential [...]
How Do You Re-Calibrate Culture on The Other Side of a Crisis?
The upside to COVID 19 is it forced creative thinking which revealed new strategies to meet customer needs, keep businesses alive and people employed. So how do you take what you have learned and apply it towards the future? Strategic planning is a critical piece of the puzzle. For organizations who had a strategic plan in place, it is time to revisit and evaluate changes based on how business has changed. Engaging in strategic planning will also enable you to identify what hidden issues are looming and how you can avoid them in the future. [...]
Episode 11: What can you do to protect your multiples and values during times of transition?
Key to protecting the value of the business, is a leader who is an agent of change. Listen in to hear Tom Olney, from OWL Automotive Consultants provide insight into what that means. As you listen to this episode you will walk away with key take a-ways and will realize you will want more. Click to visit the “Operational Excellence & Business Performance topic page to easily access the additional episodes in the series. Other topics discussed in the series: 1: What leaders need to be aware of and what do employees need? 2: How have customer habits changed [...]
Episode 10: What should dealers do right now to protect their business?
Financial and operational controls remain essential for protecting your business. With COVID-19 forcing employees to work from home, away from technological fire walls and additional means for digital security, many are finding additional vulnerabilities to spoofs and hacks. Invest time and money in educating and training your people so they can easily spot spyware and for extra attention to detail, inspect what you expect. As you listen to this episode you will walk away with key take a-ways and will realize you will want more. Click to visit the “Operational Excellence & Business Performance topic page to [...]
