The discussion on turnaround management continues today with a discussion on weak finance function. As a business owner, it is your responsibility to have integrity and to hire people to work in finance who will hold the line. It’s not just about the numbers, it’s about recording financial data according to fundamental principles with correct…
Read MorePodcast: Play in new window | Download
Today we’re highlighting some adverse trends that indicate problems are arising in your business. If your business is struggling because you’ve hit a plateau, or your business is headed in the wrong direction, you’ll want to pay attention to these warning signs of decline. Poor working capital controls will ultimately get your business into trouble….
Read MorePodcast: Play in new window | Download
Emerge Dynamics is all about how businesses can emerge from their peers, and businesses accomplish that when they are well-run. This is especially true during a downturn, so today we’re focusing on how you can guide your business through these challenging times. There are so many bankruptcies happening in 2023. Why is that? It can…
Read MorePodcast: Play in new window | Download
Today’s episode continues with a discussion about what servant leadership is and unpacking exactly how to be a servant leader. We’ll get to the core of how important it is to be the best version of yourself in order to create prosperity in your organization. Humility is the cornerstone of a servant leadership mindset. In…
Read MorePodcast: Play in new window | Download
Today we’re getting into what it really means to be a leader in your organization. People have a tendency to look at the actions and consistency of their leader. You may not even realize how much of an influence you have on the culture of the organization. If you don’t focus on this, then another…
Read MorePodcast: Play in new window | Download
In today’s episode we’re diving into our email inbox. Checking out the inbox is a good indicator of how someone is balancing working on the business versus in the business. By looking into someone’s inbox, you can get a good idea of the activities those individuals are working on throughout the day. That, however, doesn’t…
Read MorePodcast: Play in new window | Download
Curious to know what helps businesses emerge from their peers? Documenting your processes is key. This requires discipline by looking at the consistent application of processes within your business. You must have full documentation, and then train off of that to systematize the way your processes flow. This is optimal for growth. Looking deeper,…
Read MorePodcast: Play in new window | Download
The customer journey is so important, but even more so during a downturn. There needs to be clarity for the customer about what services and products you’re providing. Having this ensures you’re making that experience as amazing as possible. Alongside that experience, it’s an opportunity to make improvements. With more insight, you can begin to…
Read MorePodcast: Play in new window | Download
Today’s episode in our series about growing through a downturn is about acquisitions. This can be a great way to grow, but great caution must still be exercised. Doing an acquisition into an industry that usually falls deeply during a downturn could be a big problem. We may or may not be in a recession,…
Read MorePodcast: Play in new window | Download
We’re continuing our series about continuing to grow during a downtown today. But, actually, sometimes you might not be able to do very much growing. You may have to just focus on sustaining yourself, which means preserving cash. Of course it’s better to grow, but maintaining the status quo before figuring out exactly what you’re…
Read MorePodcast: Play in new window | Download
Recent Comments