Strategy and Planning

Meetings Part IV: Action!

Meetings are for the sole purpose of making decisions. Sharing information is important, but there are many far more efficient and cost effective ways to do it. As an aside, unnecessary meetings are frequently excused by “But if I send a …
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Meetings Part III: The Meat of the Meet

We will presume that you’ve started your meeting with the proper preparation, as discussed in last week’s column. Now it is time to get into the business of the meeting, the meat of the meet as it were. This week, we will …
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Meetings Part II: Start Right

Thank you to everyone who posted or emailed their suggestions for productive meetings. Please keep them coming! By far the most frequent suggestion was to have a written agenda. That is as good a place as any to start. Distribute …
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"Death by Meeting"

Meetings  are often a painful necessity, but they are a necessity none the less. What makes a “good” meeting? The saying “Death by meeting” is common enough. Patrick Lencioni authored a book with that title in 2004, but I remember it …
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A New Game Theory - Stop Playing!

I am not a Gamer, as the term is currently used. I tried my hand at Pong on my home TV, and at PacMan in the arcades, but quickly lost interest. Text based strategy software, role-play and first-person shooters never had …
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Where Will All the Small Businesses Go?

What would the small business landscape look like if over one million small businesses disappeared? Get ready, it’s about to happen. I write and speak frequently about the passing of the entrepreneurial generation. Driven by competitive pressures to succeed, the …
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You Only have Two Hands...or not.

To paraphrase an old New Yorker cartoon  “I love being self employed. You can set your own hours, as long as you don’t mind working 24 each day.” Many owners find themselves “too busy” running a company to concentrate on the longer term …
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You are Never too Busy to Make Money

Last week I was having lunch with a client who owns a substantial construction firm. His phone pinged during our conversation. He apologized for looking at it, but he was waiting to hear on a couple of large bids. “Dammit!” he …
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The Migration from Service to Knowledge

As I have pointed out frequently in this space, the Baby Boomers’ entry into entrepreneurial business moved the core of the American economy from products to services. (see www.theboomerbust.com) Multiple dynamics created the shift. Boomers were degreed at four times the …
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Who's Picking Up the Tab?

When a small business is sold, the total price of the business includes not only the cash paid, but any obligations assumed by the buyer on behalf of the seller. Transfer of a loan balance, accrued vacation pay for employees or …
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