Critical Thinking: Cornerstone to Making Good Decisions?

Businesses succeed and fail over time based on the effectiveness of their decision making process. There are the over-night wonders that stumble into the right market with the right product at the right time. However, the ability to survive, grow and fend off competition becomes dependent upon making good decisions and not relying on another […]

The Pathway to Delegation

Delegating management responsibility is a problem for many in leadership positions and particularly business owners. Delegation is a core concept to being a leader. However, there can be resistance by leaders to letting go of responsibility (and recognition) to subordinates who might stumble and put them (and the company) in a bad light or to […]

Accountability: Cornerstone of Success

Business owners and leadership teams strive daily to perfect the execution of the key success factors of their business. Success factors might range from financial stability, positive cash flow, experience, leading edge technology, cultural sensitivity, etc. One key success factor that is often overlooked, but one that is fundamental and a cornerstone to the success […]

Management Dashboard: Is it of Value?

A management dashboard informs executive management on the state of the business and, when necessary, report alerts on key production, sales, quality, revenue or profit performance so that timely and accurate decisions can be made in running the business.  This type of management tool is fundamental to the running of any high performing business. Surprisingly, […]

Strategic Planning with the Balanced Scorecard

Summary: Balanced – think about your organization not as silos but holistically Financial – how do we look to our shareholders? Customers – what value do we provide to our customers to achieve our financial goals? Internal – what internal processes must we excel at in order to deliver value to the customer People – what skills and […]