Succession & Transition Planning
June 24, 2019
In the British monarchy, the eldest son of the current ruler has always been the legitimate successor to the crown. If there were no sons, then the eldest daughter stepped up – hence the great queens Victoria, Elizabeth I and II. This system has be...
Read More »
May 21, 2019
A theme of the play, Cat on a Hot Tin Roof is mendacity, an interesting word that means lies and untruths. The play reveals an intricate web of lies within a dysfunctional family and examines the discrepancy between who people pretend to be and who t...
Read More »
April 22, 2019
Managing priorities begins with a clear understanding of your responsibilities. Whether you are the owner of the company or a maintenance person, in order to be effective you must know which activities produce the best results.
Managing your prior...
Read More »
March 25, 2019
Successful succession planning requires that those most affected by the transition be on board. So what does it take to get buy-in on your succession plan?
Time
If you spring a transition on those affected at the last minute, you don’t give...
Read More »
February 26, 2019
Who are you competing against when you want to sell your business? Most certainly, similar businesses in your industry and other companies selling the same service or products. But, consider that your biggest competitors might be entirely different:
...
Read More »
January 21, 2019
What are your expectations for 2019? Your employees’ expectations? Are they aligned? If not, it will be like driving a wagon with one horse pulling in a different direction from the others. It doesn't work very well.
Suppose you expect to guid...
Read More »
December 17, 2018
Making succession fun? That’s a little like trying to convince you that going to the dentist will be fun. Necessary, prudent, sensible and probably life enhancing... but can it actually be fun?
Yes. Here are five ways to ensure your succession p...
Read More »
November 27, 2018
Millennials, those born between 1982 and 2000, represent the largest demographic in the history of the world. If we thought the baby boomers had an impact on the world based on their numbers, we haven’t seen anything yet. Many boomers about to ex...
Read More »
October 23, 2018
Entrepreneurs are always in sales. If you started the company, you were its number one salesperson. As it grew you became the sales manager – if not in title, at least in responsibility. You know sales. You know the importance of building trust; ...
Read More »
September 21, 2018
Are there some decisions you may be contemplating or worrying about when you should be sleeping?
Slow down or jump back in with both feet?
Sell the business or close the doors?
Sell to a third party or to your children?
Retire now or in...
Read More »
