Management
Management is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. Management functions include: planning, organizing, staffing, leading or directing, and controlling an organization or effort for the purpose of accomplishing a goal.
- My Interview with Jerry West on Management
 I once had the thrill of interviewing Jerry West on management. He was “The Logo” for the NBA, although back then they didn’t advertise him as such. Only the Laker followers knew for sure.
In 1989 the “Showtime” Lakers were coming off back-to-back championships. Pat Riley was a year away from ... - Celebrating Mr. Fezziwig
 Since 2013 I’ve updated this piece about the underappreciated and forgotten boss of A Christmas Carol, Mr. Fezziwig. I hope that you enjoy it. Merry Christmas!
Last week was the 180th anniversary of the publication of Charles Dickens’s A Christmas Carol (December 17, 1843). The immortal words of Ebenezer Scrooge are ... - Stakeholders in Exit Planning
 When preparing for the transfer of a business, there are many stakeholders who can impact your plan. Some have direct authority or decision-making capability over the transaction, but others may have substantial influence. In general, it’s best to presume that anyone who has a relationship with the owner or the ... - Delegation and Depth – Company Readiness for Exit
 Delegation and depth are critical when presenting your business as a buying opportunity. For many business owners, exit planning means getting the company ready for sale to a third party. There are a number of approaches to enhancing preparedness for a third-party sale.
Assessing Readiness
Some planning software products begin with a ... - The Role of a Coach in Exit Planning
 Defining the role of a coach on your exit planning team doesn’t just happen. Like any other aspect of working with consultants, you need to set expectations upfront.
Many advisors like to characterize themselves as the “quarterback” of a transition planning team. I’ve always objected to that. We regard the business ... - Impressions of Value in Exit Planning
 Business owners, advisors, and buyers frequently have widely different impressions of value when it comes to a business.
The Pepperdine Private Capital Markets Survey canvasses intermediaries who sell privately held Main Street and mid-market companies. One question is about the obstacles that prevented the sale of a business. The number one ... - “Work From Anywhere” Comes Full Circle
 Work from anywhere was initially a boon for many employees. Now employers are catching up. - Contingency and Continuity Planning
 When business consultants talk about preparing for unforeseen problems, they frequently commingle the terms contingency and continuity. The terms are not synonymous, and there are important differences between them.
Contingency Planning
Contingency planning is generally accepted to mean how a business will respond in the event of a disaster. This could entail ... - An Employee Retention Culture
 Do you have an employee retention culture? Finding and keeping employees is exceptionally tough at present. Some are working remotely and being poached by employers in another state, others are listening to the pundits saying that employment is a seller’s market. A few are just worn out from 2 years ... - Do you Suffer from Decision Addiction?
 Do you suffer from decision addiction?
The typical business owner lives on dopamine. According to WebMD:
Dopamine is a type of neurotransmitter. Your body makes it, and your nervous system uses it to send messages between nerve cells. That’s why it’s sometimes called a chemical messenger. Dopamine plays a role in how ...
|
