Archive for June, 2009

Reading Between the Lines

Tuesday, June 16th, 2009

The very best performers not only understand their job responsibilities, but demonstrate the unique ability to read between the lines - whether in directions, relationships or the task at hand.  They not only get the point of their work, but the context of the world around them, and how that tempers what they are being asked to do.

In the course of my management and coaching career, I’ve worked with people who were frustrated because they followed the directions point by point; however, the result they acheived was far less than they had hoped for.  As it turns out, they had only considered the task at hand.  They had a blind spot for the context and/or the purpose for their work.  Most often, a mistake by young professionals who need some seasoning.

 

Exit or Renewal?

Friday, June 5th, 2009

Much of the activity around succession and exit planning seems to have trailed off as business owners have watched their savings and financial resources dive with the undertain economy.

I believe a related issue is how family and closely held business owners look at the process all together.  My experience has been that too many look at exit planning as the end of the road.  I can see why this has become a common perception, but if they work with the right attorney, the right advisor, there is another way to look at what lies ahead.

Updating the Ownership Perspective

 



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