Strategy

Developing your company’s strategy can be daunting.  Where do you start?  Who should be included in the planning sessions?  How do we get to a meaningful plan that can be implemented?  How do we make sure this isn’t just an intellectual exercise?
 
Building a good business comes down to 3 fundamentals…the same 3 we use as a parent raising kids:... Read the Full Story

Is your business for sale every day?

The statistics of family business transition success (or lack thereof) are well known: Just 33% make it to the second generation, and only 5% make it to the third.  Rags to riches to rags.
 
Many family owners think legacy is about maintaining the ‘business’ for future generations.  But this thinking is probably the #1 reason... Read the Full Story

One of the biggest traps I see family business owners fall into is the “I’ll sell my ownership when I retire” trap.  Remember, the only reason to get into business is to get out.  And getting out is a lot harder than getting in.
 
There are many family business owners who proudly tell me they have reinvested all the business profits back into the... Read the Full Story

Business Owner Strategy

As a business owner, you understand commitment. You give up your weekends when there’s work left at the end of the day. Your weekends suffer because of that emergency that can’t wait until Monday. Your sweat is what keeps the company moving along. But are you committed to creating a business that truly supports your life?  In order to run... Read the Full Story

Why don’t more employees do what they are supposed to do?  Author and consultant William Schiemann might have part of the... Read the Full Story

Why don’t more employees do what they are supposed to do?  Author and consultant William Schiemann might have part of the answer—only 14% of the organizations he polled report that their employees have a good understanding of their company’s strategy and direction.
For leaders looking to close the alignment gap in their organizations, here are three key steps:

  1. Develop a... Read the Full Story

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