Last week I was discussing business with a founder of a company in the aviation industry. He is now a primarily hands-off owner, having brought in a CEO to run the company. The richest part of our conversation was related to his competition. This businessman talked about the ways his company’s competition has helped them grow…
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Category: Strategic Planning
Many business owners are looking for a lifeline right now. We know of many businesses that are not making it through the current pandemic reality. So many businesses are sending out SOS signals and expecting someone / something to come to the rescue. To a certain extent, the government investments in keeping our economy going…
READ MOREOne of the most rewarding interventions I do as a business coach is helping a firm slow everything down and look at their operational processes in a detailed way. The goal of this process is to make the processes better, faster and cheaper. It never ceases to amaze me, how little a lot of firms…
READ MOREJust a few weeks ago, Disney Corporation made a significant announcement. Disney will be launching a streaming service in November of this year. Disney Plus is suspected to retail for $7 / month or $70 / year. An intentional price point to undercut Netflix and HBO Now. Disney Plus, will feature a lot of Disney…
READ MOREIt was a very long time ago, but I still remember it like it was yesterday. My Biology 9 teacher in Junior High School, Mr. Mitchell made one statement repeatedly throughout the year. The statement was, “The answer you get, depends on the question you ask.” He, of course, was referring to the scientific process…
READ MOREStale and fluffy strategy A big missing piece in most businesses I work with is that there are few, if any, times and places set aside for adequate strategic thinking. What most companies call “Strategic Planning” is something that they do once a year, usually for a day or two. The result of the full…
READ MORESeveral weeks ago I was in Edinburgh Scotland, walking down the Royal Mile, the famous road that goes between Edinburgh Castle and the Palace of Holyroodhouse. It is a great street, full of fantastic shops, restaurants and pubs, which of course are terrific but very much “touristy.” It happened to be that while I was…
READ MOREThe power of changing orientation I have just left Spain, where I spent a handful of days. Specifically I was in Barcelona, and while there learned some interesting history on the city. The main point of interest that stuck out to me was that for many years, the city turned their back on their waterfront….
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