Great businesses are grown by focusing on customer value and sticking to a purpose aligned to customer need. But your market will always be changing and therefore so must you. Your ability to lead change will reflect your likelihood of…
Awarding Equity To Management #succession
You’ve been in business a long time now and there are some key people in the business who have helped you grow it to where it is today. It’s decided that you are going to transition the business to the children. But…
“Can’t They See They’re Not Well?” #succession
“I can’t talk to him anymore, he won’t listen, he won’t back away from the business and it’s going to kill him one day soon. What do I do?” It may be a ‘he’ who won’t listen but it may certainly…
Staying True To Your Competitive Strength
Businesses are often established and over time grow to become very successful on a competitive posture established by the founding leadership team. But often that competitive posture is not recognised nor retained in its corporate memory. And there starts its…
“But I’ve Always Made The Decisions” #succession
It’s your business, you founded it, you have worked 24/7 for the last 30 years and you have carried all the stresses of making it work. Everyone thinks you ‘love’ your work so much that there is nothing else to…