Posts

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…

The Need to Have Better Staff Buy-In

When a company is just getting started or is ramping up for growth, there is a huge amount of enthusiasm. Many processes are not in place yet and the people on the team are energized by the CEO's vision of the product or service. Everyone simply…

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…

Close the Gap Between Strategy and Execution

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In their book, “Execution: The Discipline of Getting Things Done”, authors Larry Bossidy and Ram Charan state that execution is the biggest unaddressed issue in business today. They assert that its absence is the single biggest obstacle…