Time and time again we’ve seen public companies grow themselves out of business and one would wonder: Where was their board? While I’ve written many articles about what companies should have in place for sustainable, profitable growth, we haven’t yet looked at the board’s role in the equation. So, what questions does the board need […]
Annual end-of-year planning is critical for any organization that has its eye on success. But regardless of how much good intention is behind the planning process, it’s often a time of missed opportunities and, therefore, decreased future profitability, sustainability and growth. The culprits are usually various flaws in the planning process itself, which means that […]
Scaling your business is simply the process of taking your company to its next level of success, but when you consider the definition of “scalability” this exciting venture suddenly becomes much more complicated – and real. So, what is the definition of scalability? Scalability means that an organization’s business model has the potential for […]
When businesses try to figure out why they are in trouble, looking at columns of numbers or endless pages financial statements to find the problem can seem like searching for a needle in a haystack. What they need is a magnet. When assessing financials, there are several “magnets” that help us pull out the information […]
Renowned animator and Oscar winner Brad Bird (those with children might recognize his credits – The Incredibles and Ratatouille) once said that organizations that spread and sustain excellence are infused with “relentless restlessness.” Good enough is not good enough; the drive to continually improve, innovate, and grow is wired in the DNA of these companies. […]
