Whether it’s downsizing, reorganization, or employees choosing to leave, companies continue to get leaner and leaner. The workforce that remains faces an increased workload and fewer resources to work with. If not addressed appropriately, this could lead to higher turnover. What can a leader do to develop and inspire loyalty?
Last week we talked about seizing opportunities. I got several notes saying it sounds simple to seize opportunities when you’re sitting in your great corporate job. How hard can it be to choose great partners when you’re able to attract the best the world has to offer? How can I…
We live in a time of unlimited opportunities for entrepreneurs. Around every corner and behind every call, there are new opportunities to explore. So how do you pick the best opportunities for your business? Can you become good at seizing opportunities? I’ve been involved in Joint Ventures (JVs) and strategic…
How do you build a business with staying power into the future? How do you create an organization that continuesgrowing no matter what happens in your markets? The most popular question I get at the 19th hole is how entrepreneurs can continue to build the value of their business and have…
In my last few posts, I explained why it’s likely you’ll have a difficult time selling your business if you intend to exit over the next 15 years, and what you need to do to increase its value so your business is one of the few that proves profitable in…
What are the most critical needs for growing organizations today? As the world continues changing, it is critical to help develop leaders who can work well on teams, but also be leaders in their own right. As we see many of our mid-level leaders moving towards retirement, many of our…
We pointed out in the last article (The Awful Truth about Networking) that some people are more trusting than others. The fact is, not everyone you meet will feel comfortable putting you in touch with everyone they know. In such cases, there is something missing…an element of trust…a relationship. Building…
In my last post, I discussed the upcoming oversupply of companies for sale in the next 15 years, and why many of those company owners will be forced to resort to liquidation to recoup a fraction of their investment. I also suggested that if you don’t want to be one…
Here is the truth about networking: Not everyone you meet is necessarily going to feel comfortable putting you in touch with everyone they know.
More than 70% of private business owners will exit their company in the next 15 years. Those business owners are usually expecting big outcomes from the sale: they’re hoping to use that money to retire on, maintain their lifestyle as they turn their attention to other projects, or benefit a…