Succession & Transition Planning
November 23, 2020
Beliefs are incredibly powerful. Groups with similar beliefs go to war, move mountains, cure diseases, or create profitable companies. Individually, our beliefs can cause us to follow the recommendations of experts or listen to ‘alternative facts...
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October 26, 2020
Lessons learned in the business setting can have relevance to our personal lives. Recently, a client reflected on the most important lessons learned during a leadership development program. It turned out that asking questions and listening to under...
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September 21, 2020
If you sell your business to an outside buyer the new owner may want to retain you for a year or two as an advisor/consultant. This arrangement can help ensure a smooth transition and provide time to transfer your business wisdom and knowledge to the...
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August 24, 2020
Many businesses are born from what Michael E. Gerber calls The Entrepreneurial Seizure[1]. These are the moments of inspiration or desperation that drive a person to start a business or that cause the owner of an established business to dive in with ...
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July 27, 2020
When my son was doing a research project on sustainable communities a few years ago, the two of us traveled in a small RV to several towns in Northern Ontario where he had arranged meetings with politicians and entrepreneurs. In Hearst, the mayor sug...
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June 22, 2020
Confidence is everything. When JFK announced in May 1961 that the US would go to the moon within ten years, he exuded confidence. And the nation rallied to make it happen. When Churchill said, “… we shall never surrender!” he betrayed no lack o...
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May 22, 2020
“People are our greatest asset.”
We’ve all heard it. Many companies proclaim it. You may even have said it yourself; but do your actions, comments, policies and payroll reflect that sentiment?
When it’s time to sell your company, the qu...
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April 20, 2020
Exceptional results often have their genesis in little decisions and small actions. Suppose that five years ago you had decided to prepare your business for sale, starting the ball rolling by meeting with your professional advisors. That initial deci...
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March 20, 2020
In his book, The Five Dysfunctions of a Team, Patrick Lencioni lists the absence of trust as the foundation for all the other dysfunctions. What causes a lack of trust? Although there are multiple reasons, lack of transparency is a key factor.
I k...
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February 24, 2020
Expect to encounter resistance as you consider transitioning your business, whether you are preparing to sell, or set it up in a way that works better for you in the future. It will be like running into the wind as new pressures, issues, and emotions...
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