Posts

Identifying Problems Early in Their Development

The Challenge Defined: As your company becomes more complex, it's harder to detect problems that may be just beneath the surface, creating cracks that could sink your organization. The key for you is to take every negative undercurrent or…

Time Management Matrix: Four Quadrants

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Highly effective people don’t really manage time, they manage themselves. Instead of being caught up in things, they plan and execute according to what matters most. I already introduced a Gold Time Management Technique in the past, but it…

Describe and Define Critical Processes

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Anything that needs to be done more than once can be captured and turned into a process. Entrepreneurs tend to ignore the value of processes. There are lots of reasons for this (and none of them are good) but that’s a story for another day.…

The Need for a Flexible Planning Model

The Challenge Defined A critical component of running a successful business is creating a dynamic method of planning that is accessible to the entire organization and allows contribution by all the staff. Consider the two different roles…

When Short-term Thinking Gets You in Trouble

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A problem many leaders face is that they are the only ones who truly understand how the company makes money. When business is running well, that approach works. However, as soon as things start to tighten down: clients cut back orders, the bank…

Continual Cash Flow

Unable to pay the bills, many companies with high revenue had to close their doors. Why? Because cash and revenue are not the same thing. Cash flow, critical to keeping the company afloat, is knowledge of how much money a company has every day…

Identify the Problem – Name It – Solve It

So many issues that create chaos in a business aren't identified correctly. Often, they are placed in the same group, which results in solving only one aspect of all the existing problems while ignoring the others. Here is a scenario: You…

Building High Performance Teams: Include Everyone in an Annual Planning Session

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In order to achieve your most important objectives, it’s essential to create a clear plan, learn to work well together in a cross functional way and have a structure to keep the teams accountable. There are five powerful principles that make…

Do You Think Your Current Business Model Is Effective?

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Smart businesses understand the importance of developing and maintaining a business model for their company. A business model is a map to follow when it comes to generating revenue and making profits. It’s an essential aspect of running an…