You want your company to stand out. To be unique. To catch the consumer’s eye in the marketplace. For that reason, it is critical for your leadership team to have absolute clarity on the qualities of your company that differentiate you in the marketplace. Notice that we said “qualities,” not “quality.” While single differentiators certainly … Continue reading What’s in Your Company’s Differentiation Basket?
Establishing your vision for your business is the first step in developing a solid strategy. Vision is the inspirational engine that drives strategy. Your company’s vision should be a realistic statement of aspiration based on what you are today and what you want to become in the future. It should be practical, targeted, and measurable, … Continue reading 5 Steps to Create Your Company’s Vision
Nearly 70% of family businesses would like to pass the reigns on to the next generation. Unfortunately, only 30% will succeed, according to recent statistics from Peak Family Business Survey. Why is it so difficult for families to transition their businesses to the next generation? Here are three common issues that can sabotage success: … Continue reading Keeping It All in the Family
Courage is being scared to death and saddling up anyway. –John Wayne Courage is a necessary quality for every effective leader. When we lack leadership courage, it simply means we are fearful – of change, of addressing issues, or perhaps of defining roles and responsibilities. It takes courage to identify the tough issues … Continue reading Secrets of a Courageous Leader
One of the greatest challenges facing every business owner or leadership team is executing on a defined strategic direction. If we can’t bring our strategy to life, it doesn’t matter how clearly defined the strategy is or how lofty our goals are. The foundation of execution is healthy, dynamic, and proactive leadership. But what happens … Continue reading When It’s All Too Much
A solid strategy is critical to succeed in business and as a leader. The first step in creating a working strategy is to establish a company vision. Just as your strategy explains and projects success within the given market, your company’s vision serves as the engine that drives that strategy, and, ultimately, the company’s overall … Continue reading Making Your Vision a Tangible Reality