10 Basic Tips — Leadership For Business Profit
In the new economy – a former Great Recession that seems to linger and linger – companies will succeed by being a leader in generating capital. Unfortunately, this economy has become a zero sum game for many businesses. They stay alive by taking market share from their competitors, not by innovating. At some point to dominate [...]
[Read more...]Football Lessons For Growth – 9 Steps For Strategic Alliance Success
En route to the first two Super Bowl wins in the 1960s, I recall three factors about Vince Lombardi’s Green Bay Packers – they were intense, skilled and balanced. A fourth factor – they kept it simple. Even as a kid watching them on TV, I could almost anticipate most of their plays depending [...]
[Read more...]Lagging Profits? Year-End Is Ideal For Reflection, Planning
Dec. 15, 2011 Year-end is a perfect time for reflection and planning for your business. Don’t be distracted from improving your business because of all the negative news: RealtyTrac reports homeowners from Seattle to Sarasota face another round of foreclosures. Nearly 50 percent of Americans are either characterized as low income or in poverty. U.S. business expects [...]
[Read more...]Overcoming Obstacles for Business Turnaround — 13 Steps
For a successful turnaround of financially troubled businesses, there are usually two obstacles to overcome. They include the ego of the business owner or CEO, and poor advice by the lawyers. It’s difficult for a business owner or CEO to accept the need for a turnaround specialist. Most often, they’re in denial about the [...]
[Read more...]Small Business Options for Year-End Cash Flow, Tax Benefits
Dec. 2, 2011 December is the month for small business owners to reflect on options for year-end cash flow and tax benefits. In general, here are items to discuss with your accountant and tax advisor: Your first concern should be to reduce your tax obligation next April. Unless you already know you have too many [...]
[Read more...]Public Relations Expert Provides Crisis Management Tips
Dec. 16, 2011 Appearances count. But universities, presidential candidates and businesses have all demonstrated a lack of awareness about good public relations. Given their significant status, we would expect them to exhibit world-class PR expertise in their crises. But that’s not the case. Best practices in crisis management have been practically non-existent. Consider these [...]
[Read more...]Lessons for Struggling Businesses from American Airlines’ Bankruptcy
Nov. 29, 2011 Financially challenged businesses can learn lessons from the American Airlines bankruptcy. Ironically, AA is part of one my favorite childhood memories a half century ago in a recessionary time. As a 10-year-old with my younger brother in Oklahoma, our first airplane ride was aboard an AA propeller-driven plane to Los Angeles, [...]
[Read more...]Do Holidays Frustrate You in Looking for Clients or Job? Soften Your Approach
Is the holiday season a misnomer for you? It probably is if you’re overwhelmed looking hard for income — either for clients or in job hunting. Take heart, there are options for a new approach. These days if you have desperation in searching for clients or a job, it doesn’t feel like a holiday season. So [...]
[Read more...]First Step in Fighting Lawsuit Abuse – Risk Management
Published reports on two southern California media Web sites illustrate the polarizing effects of laws affecting business. The first article in Signon San Diego, “Businesses fight ‘abusive’ lawsuits“, explains the fears and concerns of many small businesses. Written by Tanya Mannes, it describes how a legal-reform organization is leading the fight against what it terms [...]
[Read more...]12 Tips for Profits to Keep Your Business Dreams Alive
Most businesspeople agree the economy continues to be challenging. Signs of a lingering downturn are everywhere. Business activity is slow. Governments at all levels report low tax revenue and are restructuring, and not spending. Customers want you to cut prices. With a high level of oversupply in many industries, high unemployment and reduced customer [...]
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