To provide insight into common burning questions received from business owners, we are leveraging “the village” of our valued strategic relationships. As you listen to the episodes you will be able to immediately apply the key take a-ways and you will come back for more.
Do you have a burning question you want to discuss with an expert? Feel free to submit it via the ask an expert link below.
The most important thing to recognize when dealing with any negative emotions, whether it is your own or those of your team, is that we are all human. We all deal with the unknown in different ways, but for certain we all carry anxiety and stress. It is important as [...]
Business contingency planning is essential for ongoing business success. For business continuity, the key leadership must put processes and structure in place that if they are not around, or if something unexpected happens, the business still survives. Unfortunately, if this is not in place, the business value can be dramatically [...]
As we continue to navigate the pandemic, it is important to recognize that your employees have been on a roller coaster of emotions for a long period of time. You may already be doing it, but providing support to your people is critical to help them navigate stress and even [...]
What is normal? A great question to ponder as in the business world change is always around the corner. Perhaps not at the level of a global pandemic, but change is something necessary to navigate all the time. When something like a crisis hits one thing is for sure, there [...]
There are a variety of elements to help protect your business from the unknown. The first and probably most important lies in your people. Ensuring you have the right key leaders and managers who can step in and up in times of crisis is critical. It is important to know [...]
Regardless of the scenario, it is always best to communicate what you know, even if you do not have the answers. It is OK to not have the response tied up in a pretty bow or have all the answers to the questions being asked. However, where you can really [...]
Unknowns and uncertainty can have a direct negative impact on culture. Emotions stir internally, therefore a store manager has to reset the thermostat to a “we will thrive” setting. How you react matters when coming out of a pandemic, crisis, or any other situation in which your employees may be [...]
Protecting the value of your business is what succession planning is all about. When going through, as well as, once on the other side of difficult times, take another look at your business with a fresh set of eyes. Consider looking at your business from a buyer's perspective. It is [...]
The unknown is unpredictable and unavoidable. However, you can protect your business from an operational perspective in some very simple ways. One of the most critical components revolves around communication. Clear, open, and consistent communications with clients, customers, and employees help to keep rumors and uncertainties to a minimum while [...]
It should not take a pandemic to showcase the importance of planning. Prior to the pandemic, many business owners had not considered the creation of a contingency plan, however, it is top of mind for many now. One way to ensure you have protected the operational and financial continuity of [...]
