Managing growth is a double-edged sword: while expanding can be thrilling, it also presents a host of challenges that can derail a company if not handled properly. If a business is floundering as it scales, it’s likely facing some common pitfalls. Here are ten reasons...
Part 2 If you’ve spent any time in the business world, you’re likely familiar with SWOT Analysis. First developed by Albert S. Humphrey in the 1960s, this tool has been a staple for assessing Strengths, Weaknesses, Opportunities, and Threats. It’s been used to shape...
In the ever evolving landscape of modern business, accountability stands as a foundation for success. Yet, as of late, accountability seems to be taking a serious hit. Why? The root cause most often seems to be tied to an overextended and confused application of empathy, which, if left unchecked, more often than not, leads to underperformance.
When working with some of our CEO clients, one of their main complaints is: “No one takes accountability for anything around here!” Generally, this discussion moves into a conversation about how well that CEO is setting expectations and then managing to those...
Do your employees know how they impact profit in your company? Do they know which activities they do every day that will make or cost your company money? There is no better time than during or pending a likely recession for a business owner to stop thinking short-term...