All organizations go through change, now more than ever, and change is especially present in a growing business. The field of change management continues to evolve rapidly. Therefore it is essential for business leaders to keep up with the latest change management trends.
As a business leader, it is essential to stay on top of cash flow best practices, to enable you to run your business/es efficiently and decrease debts. Read this article for best tips on cash flow management.
Growing a business broke is not an uncommon phenomenon. Yet, it can be avoided or overcome with discipline and measuring the right metrics. Let’s look at business growth and how to balance it with profitability.
Every business will benefit from practical ways to improve cash flow. More money in the bank means more opportunities to grow your business. Read this article for practical tips to improve cash flow.
When organizations have strong employee engagement, the profitability of the business increases, Read more for tips and to understand how employee engagement increases profitability.
Not only are checklists useful in daily life, but checklists are also extremely helpful in business. Once you’ve identified and mapped the processes in your organization, you can bring them to life through checklists. Checklists are valuable for key parts of the 4 to 9 processes that drive the business, and help ensure that the right things happen.
Have you ever had a key person leave, and no one really knew all the work they do and how they will survive without them? Or are you experiencing “floating leaders” or “floating work”? The good news is, what feels like a major issue, is really just misaligned expectations that can be cleared up pretty quickly.
Simply stated, a Lean business is a business that maximizes value while minimizing waste. A Lean business model focuses on improving processes across the value stream to eliminate waste and deliver optimized value to the customer. Read this article to understand the basics of the Lean methodology.
Growing organizations have a common goal: they want to optimize business processes and operations. The Process Accountability Chart is a #bestpractical tool to help business leaders reach this goal.
Do you have the right people in the right seats in your growing organization? Moreover, do you have the “right people, doing the right things, right” in your company? And importantly, do you have the right people in the right seats in the leadership team?
These 3 business terms are often used interchangeably. It is important to understand the difference between accountability, responsibility, and authority to be able to implement it correctly in your organization.
One of the biggest challenges business leaders face, is how to deal with a growing organization – how to divide up teams and set clear accountabilities.
The 7 Strata framework will guide you through the strategic thinking for the OPSP. It is a comprehensive framework for creating a robust strategy that differentiates your company from the competition.
The Core Purpose of your organization gives ‘heart’ to your company. It answers the question “WHY are we in business”. And the answer is more than that of making money.
If your company is ready to grow, whether by scaling up or through acquiring, it is important to have clear Core Values bedded down. This article focuses on Core Values, where they fit in in the One-Page Strategic Plan (OPSP), the role of the leadership team and the discovery of the Core Values of your company.
Entrepreneurs, business owners and executives often face the challenge of, the faster your company is growing, the harder it is to keep everyone aligned. The One-Page Strategic Plan is the perfect tool to get everyone in your organization on the same page.
A One-Page Personal Plan is a must-have tool for all successful business leaders and entrepreneurs. It helps you keep focus, amidst daily challenges.
A Project Backlog is a tool that gives a single view of all projects in the business. It is a prioritized list of tasks that teams need to work on. Learn more about the value of a Project Backlog in this short article.
Having a strategic plan in place is one of the most important building blocks in the foundation of a business. In this article and video I share a simplified framework for strategic planning that you can use to future-proof your business in the new business landscape.
Each workplace has a unique culture that you’ll have to adapt to, especially if you’re a contract worker or start a new job. Here are 6 tips to help you adapt to different workplace cultures.
