Posted on 10 March 2011. Tags: asset, culture, customers, hire, Kathryn B. Earle, leadership, managers, owner, Stanley H. Davis, suppliers, team, transitions
By Stanley H. Davis and Kathryn B. Earle When a new venture is just a twinkle in their eyes, most business founders don’t realize that their leadership assets likely won’t meet the eventual needs of their expanding enterprise. At founding, the owner’s most critical asset is himself. He’s the leader of an embryonic enterprise where [...]
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Posted in Corporate Culture & Management Succession
Posted on 10 March 2011. Tags: accountant, Bonni Carson DiMatteo, buyers, credit, culture, customers, earnings, family, financial, investment, lawyer, leadership, legacy, management, manager, planner, planning, process, revenues, sales, spouse, succession plan, training, valuations
By Bonni Carson DiMatteo Often motivated by business “burn out”, a strained business climate or the image of an endless vacation, founders begin to consider selling their business. It seems like a perfectly left brain solution to frustration, malaise or boredom. They may talk to their spouse about how they are burned out or want [...]
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Posted in Corporate Culture & Management Succession
Posted on 10 March 2011. Tags: assets, customers, Dick Kimball, investments, managers, owners
by The Bigelow Company Owners thinking like managers . . . managers second guessing owners . . . one thinking about tomorrow and the other obsessed with today. Enough of a conflict, but what if they are the same person? When is the last time that you “wore your owner’s hat” and thought about your [...]
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Posted in Corporate Culture & Management Succession
Posted on 10 March 2011. Tags: business modeling, culture, customer, differentiate, EBITDA, employees, Larry Girouard, managers, measure, modeling, quality, sales, valuation
By Larry Girouard Terms like strategic plan, business modeling, data collection, data generation, business “Outcome”, algorithms, and the like, are not words that are commonly used in today’s business meetings. (Note: Outcome is defined as all the goods, services and touch points that a customer encounters when dealing with your company. The company outcome is [...]
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Posted in Corporate Culture & Management Succession
Posted on 10 March 2011. Tags: accountants, acquisitions, balance sheet, clients, culture, customer, due diligence, employees, Joseph J. Rahal, lawyers, leadership, legal, M&A, management, marketing, merger, operational, revenue, sales, training, warranties
By Joseph J. Rahal Introduction Many of today’s world conflicts emanate from a clash of cultures. The same can be said of conflicts that occurred during the mergers of the Mercedes and Chrysler, Coke and Snapple and many other similar transactions. Are these cultural issues any different when merging two established and successful smaller or [...]
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Posted in Corporate Culture & Management Succession
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