Consistently Good Business Decisions
A good decision is a decision that yields beneficial results. In a small to medium sized business (SMB) beneficial results are profits. The policy-mak...
Business Concern
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About
Owners of a private business interest have concerns about maximizing the value received from that interest, preventing and resolving owner disputes, and implementing an owner agreement with buy-sell provisions. This podcast deals with these issues.
Documenting the Plan – Essential, But a Form of Procrastination
“If it is not written down, it is not a plan.” I would like to attribute that quote to someone, but after a reasonable Google search, I cannot. Noneth...
Getting Real – Dreams, Values, and Goals
Live your dreams. That sounds very good. But does that concept sustain a life? Dreams rarely come true, and there is frustration about not realizing a...
Keep the Tigers
Generally speaking there is a type of employee that many business owners do not want in their business. This type of employee, whom I shall call a tig...
Executing the Pivot
Change is tough enough. No one likes it. The tendency is to deny the reasons for change exist and then procrastinate taking action. Sometimes, in a cr...
Cybersecurity Insurance
Recent events of cybersecurity breaches and losses have led to the development of cybersecurity insurance - an insurance product designed to protect a...
Planning for Cybersecurity Issues
Businesses with less than 1,000 employees (sometimes referred to as small or medium businesses or “SMBs”) are becoming concerned about cybersecurity. ...
Be Careful Whom You Like?
It is human nature to like those who agree with us; it is also human nature to dislike those who do not agree with us. Call it arrogance or pride, we ...
Optimism - Its Role in Business Planning
How optimistic should a business plan be? When a business starts, the thinking is about success and the plan will be optimistic. This is appropriate, ...
Concentric Circles
One way to represent the difference between traditional planning and dynamic planning is through a Venn diagram. The Venn diagram for dynamic planning...