The value of the business is directly related to the reliability of future profits. Potential buyers, banks, investors, top talent, and strategic relationships all care about the sustainability of business performance. A temporary, or as we call it, a "Contingent Successor," provides a business owner and their family a strategy [...]
People are worn out on untrustworthy, fickle, and insecure individuals who are disguising themselves as “leaders.” A recent meme from “somecards” says it best “You're not a Leader if nobody wants to follow you... You're just a control freak, power-tripping jerk who wants to be in charge.” For years, employers [...]
Part two of our discussion focused on how to de-commit to doing things that are not the highest and best use of our time. In the previous episode, Lightening Your Burden, we discussed strategies to determine if you want to keep doing something, stop it, or delegate. We continue the [...]
When it comes to the season of family, otherwise known as “The Holidays” it is common to experience fear and anxiety. We all want it to be like the best holiday movies, but the reality isn't a hallmark movie. There is a secret to creating a happy holiday, or season [...]
When times are going well, recruiting, and retaining talent is challenging. When times are going great amidst a pandemic, it has become downright almost impossible. Business owners are facing talent shortages like never. The competition is across industries, local and state borders. The transition to flexible and remote work environments are enticing workers to [...]
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 [...]
Your business's value depends on the strength and quality of operations, culture, people, and reputation. These areas can be where they need to be to take your business into the future IF you commit to succession planning. Your business is more valuable to you than anyone if you can create an effective union of [...]
