Succession & Transition Planning
August 21, 2012
I expect that most of us readily agree that we love our spouses and families. Although, you probably don't love your employees in the same way. If they've worked for you for a long time and helped you build a business that has supported your family o...
Read More »
July 21, 2012
“Two roads diverged in a wood and I –
I took the one less travelled by.
And that has made all the difference.”
Robert Frost
If you’re a baby boomer business owner (BBBO) you face a difficult decision. You’ve grown a business, prob...
Read More »
June 25, 2012
One side benefit of transitioning yourself and your business is that you can take advantage of opportunities when they arise.
My 28-year old son is working on The Rural Resilience Project; interviewing and video-recording community leaders from ru...
Read More »
May 22, 2012
In his book, Man’s Search For Meaning, Victor Frankl wrote about the importance of purpose and a goal in one’s life. An Austrian psychiatrist, he wrote from the perspective of having survived the horrors of the Nazi concentration camps. His life ...
Read More »
April 22, 2012
Imagine that you are looking to buy a business. You walk into your current premises, pretending to be a customer, in order to scout it out. As you walk through the front door, what do you see? What do you hear? What do you smell? What’s your first ...
Read More »
March 26, 2012
If you intend to transition or sell your business you must be prepared to make significant changes. And, if you don’t control and manage those changes, it is inevitable that someone else will – with or without you.
John Kotter, one of the foremo...
Read More »
February 21, 2012
Over the past few months, we have watched as some very big name businesses have passed the reins of leadership to a successor. Only time will tell if it will work; but, there are lessons to be learned from observing Apple, RIM and Canadian Pacific at...
Read More »
January 23, 2012
Organizations learn only through individuals who learn. Individual learning does not guarantee organizational learning. But without it no organizational learning occurs. ~ Peter Senge, The Fifth Discipline, 1990: p. 139
In 1990, Peter Senge publis...
Read More »
December 22, 2011
Winston Churchill famously called depression his “black dog.”
During my sabbatical in 2008, I interviewed an entrepreneur who had sold his business in 2004 for more money than he knew what to do with. However, soon after the sale he fell ill. ...
Read More »
November 17, 2011
When I bought my first Prius, I thought I was rare. One of those people who care enough about the environment to put their money where their mouth is. However, almost immediately I became aware that there were a lot of Priuses on the road. I was no...
Read More »