Who doesn’t? As we take stock of how we can best help our friends and clients succeed in 2012, we thought about all of the most common pitfalls companies face. Our goal is to help as many companies as possible– by giving encouragement and by offering solutions for the biggest challenges you face in a [...]
In is well known that the execution, or rather the lack of it, is the number one reason plans fail. In fact, as many as 70% of plans fail due to poor execution, and plans that succeed realize only 63% of their proposed value. As I speak to CEOs around the country so many struggle [...]
Some business leaders believe they don’t need a strategic growth plan. Others wouldn’t go a day without one. Who is right? The answer is, it depends. I can think of a few circumstances where a leader may choose not to do a plan. Most experts, not just me, will tell you that leading without a [...]
Fall is the time many people think about creating a strategic plan or reviewing the one they have in place. Here are the top 5 mistakes commonly made. Forewarned is forearmed! 1. The facts: A plan can only be as good as the input that goes into it. Since planning requires corraling the future, by [...]
Recently I have come across two very intersting lists—the top 10 growth industries and the 10 fastest declining industries. Being in a growth industry is usually a good thing! You get tail winds. Being in a declining industry–well your challenge is to avoid being the buggy whip. Most of us are somewhere in the middle [...]
What products and services have revolutionalized your life? In my lifetime, there have been many. Wonder how they came about? It required asking the right questions and really listening for the answer. In today’s pressured economic environment it is really tempting to ask, “How can we cut back?”, “How can we do this for less money/time?”. [...]
Lately I have been studying masters. We have all heard of the Masters Golf Tournament, and when you google the word masters, stories about Charles Schwartsel, the latest golfer to put on the green jacket, pop up. Or how about the masters of art or music, Beethoven or Picasso? Webster’s says a master is a noun and an adjective. A master [...]
Basketball is known for the double-double, even the triple-double—scoring double digit points while achieving double digit assists or rebounds. Not an easy feat and it takes a well rounded player. Well, from here on out, I want to encourage YOU to achieve a double-double in business. Double revenue in half the time. Impossible you say? [...]
When we talk about companies we admire, most of them have good strategies. Their strategies have worked for years, as they are focused, clear, and consistent. What changes is how they deliver on them. Southwest Airlines: The Low Fare–yes, today their ticket prices may be higher in some markets but don’t forget to throw in [...]
What a rare priviledge! This past weekend I had the chance to observe a group of young men live their dream. My son plays on the Vanderbilt University baseball team. Since he joined the team as a freshman three years ago, the hope has been to make it to the College World Series–the big show. [...]