Whatever the state of your business - whether it's a start-up, fast-growth company or has been operating for years - your most effective strategy should include a plan as to how you will exit the business. Savvy CEOs and business owners are always looking ahead, always...
Guest post by Doug Beckley, Group Leader for Catapult Groups Let’s face reality. Time management is a myth. We have no control over time. No one has enough time, yet everyone has all there is. All we can control is ourselves. We can control how we...
Many of us pride ourselves on being a good judge of character. When seeking to fill a high-level position within the company, we think we have an “eye” for finding the person who’s a perfect fit for the job. We invite this person to apply,...
When it comes to customers, a lot of businesses are pretty indiscriminate about who they sell to. After all, there are no bad customers, right? At first glance, the formula is very simple: Isn’t it worth your time and resources to sell to anyone who...
Without appropriate systems, processes and people in place, many CEOs end up doing the work that should be done by others. They’ve successfully built a thriving enterprise, but either from a lack of knowing how to do it or becoming so dizzy with the details,...
How many times do you find yourself in a business or social situation, when a new acquaintance asks the simple question, “What do you do?” How many times are you ready with a coherent, appealing answer—or do you just wing it and hope for the...
For whatever reason, it’s sometimes up to the CEO to deliver bad news to a valued customer. There are a million reasons to put this unpleasant task off as long as possible—you’re too busy, you don’t like confrontation, maybe the best approach is to sweep...
Here’s the latest proof that life isn’t fair. Creating and managing your company’s reputation takes a significant amount of time and effort, while all it takes to damage (or destroy) that reputation may be a few hours or days. This is why you must manage...
Why Do Companies Hire Consultants? Usually, the decision for hiring a consultant starts with a pervasive organizational issue that offers no easy or practical solution. The CEO knows there’s a problem but doesn’t know how to fix it. Fortunately (or so they think), there’s a wealth of...
There certainly are successful examples of family business owners hiring their spouses to join them in the workplace, but these would certainly be the exception rather than the rule. What Could Go Wrong? The professional workplace is separate from our personal lives, so having the two be...