What keeps many businesses from growing? For larger companies, it is often maturing markets and inflexible organizations that dampen growth. However, closely held and entrepreneurial companies are built for growth. They operate in a world of innovation, rapidly changing technology, and entrepreneurial passion. For these businesses the challenge is not how to grow, it’s how…
COVID Delta Variant, our economy and inflation, and unsettling world events. Uncharted territory – YES. But these are NOT unprecedented times from a business perspective. Think of other events that forced businesses to change or die: the Internet, Video Streaming, Starbucks, and Uber. In these cases companies had to change their business model to thrive….
Driven by the COVID-19 pandemic, business transformations that would normally take years have evolved in months. We have been forced to swap from the physical to the digital world. And, these shifts that began as temporary will most likely become permanent. Many of us have crossed the digital divide this year, and there will be no…
What good can come of all this? My clients, colleagues and friends are all asking this question. We’ve been hit by a pandemic, unprecedented unemployment, and a global economic downturn. In the face of such personal and business tragedy, it might appear that the answer is “Zero.” We are all reflecting on the long-term consequences…
As we continue to deal with COVID-19 and its economic impacts, many businesses are facing cash shortages – yes even with PPP and other government programs. There are several old sayings: “Cash is King” and “Growth Sucks Cash.” Today we can add another: cash is the fuel required to sustain your business and keep you in…
Is your company on track to be as valuable as you want it to be? Is it growing? Is it maximizing profits? If you have difficulty today with your answer, you are not alone. COVID-19 comes front and center as you ask yourself the ultimate question to achieve change and focus in your business. What…