Key Performance Indicators (KPI) are data sets that you watch to gain an understanding of the health of your business. Business health, however, is defined by the direction you want the business to travel. If you want to grow the business 30%, then growth KPIs need to be aligned with forwarding the vision of achieving 30% growth. If you want to sell the business, then KPIs need to be aligned with getting the business ready for sale.
Read MoreI’m declaring 2019 to be the year that Ground Hog Day comes to an end! I’m tired of it, my clients are tired of it and I’m guess the rest of the world is, as well.
Read MoreIn the last several posts, I’ve been covering the seven business drivers. In order, they are: you, the strategic team, employees, customers, investors and creditors, cash and now growth. Under each driver flows a unique set of KPIs for each department of the company. In this e-mail, I’m going to focus on the last driver, which is growth
Read MoreIn our continued series of posts on the Seven Business Drivers, we’re going to tackle driver number six: cash. Having cash as the sixth out of seventh driver may be a controversial position to have in business. Many systems view cash as a primary driver for the business. After all, cash is the life blood of a company. If you don’t have cash or at least cash flow, it’s really tough to have a business.
Read MoreWe’re in the fifth of a series of seven posts that are introducing the Seven Business Drivers. The first and second drivers are you and your management team, respectively. The third is your broader team of employees. The fourth is your customers and the fifth driver are those people who supply your company with cash via investment or credit vehicles.
Read MoreWe’re in the fourth of a series of seven newsletters that are introducing the Seven Business Drivers. The first and second drivers are you and your management team, respectively. The third is your broader team of employees. The fourth is your customers.
Read MoreWe’re in the third of a series of seven posts that are introducing the Seven Business Drivers. The first and second drivers are you and your management team, respectively. The third is your broader team of employees.
Read MoreOur health and vision fuel the second most important driver: Your executive team. If your executive team is healthy mentally, physically, emotionally and has taken ownership of your vision then your company will also be more likely to excel. Here are a few ideas to help your management team stay healthy and aligned:
Read MoreWhat’s driving your business? There are Seven drivers at work and most executives don’t know all of them. Here’s a list that we’ll cover in future posts.
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