Monthly Archives: June 2016

Strategic Plans Are Less Important Than Strategic Planning

Strategic-Planning

Do you avoid developing a strategic plan because it becomes obsolete almost before it is completed?  No plan survives contact with reality.  However, without a plan or direction, and a planning process in place, your business will most likely attain lackluster results and never achieve its full potential. …

Read more >

Tagged with:
Posted in Business Best Practices

Smartphones: The Modern Swiss Army Knife

smartphones

I recently helped my son move from Indiana to Texas. This meant 22 hours of taking turns driving the rented truck that contained his worldly belongings. In between sharing stories of old times and catching up on his endeavors, I noticed how much I used my smartphone on things other than making phone calls.…

Read more >

Tagged with:
Posted in Business Best Practices

Weaving Your Net

Networking

I recently attended my son’s Sociology Department graduation ceremony and listened to student speakers talk about “Social Networks”.  Their references were mostly about social safety nets. But, as I listened, I recalled the beginning of my career at B2B CFO when I was told that building business was all about networking.…

Read more >

Tagged with: , , , , , ,
Posted in Business Best Practices

Why I Hate Job Descriptions! – We Need a Better Mousetrap…

Cons of Job Descriptions

Before you breathe a sigh of relief and think I am recommending abolishing the task of writing job descriptions, think again! Job descriptions are vital to any organization, particularly in efficient well-run businesses that are facing rapid growth, increasing competition, changing market conditions, technological hurdles, and a host of other challenges lining up on the horizon.…

Read more >

Posted in Business Best Practices

CFO = Chief Forecasting Officer

Forecasting

I have found in my career that one of the most common tools that are not in place for business owners is income statement, balance sheet and cash flow forecasting.  The role of the Chief Financial Officer in companies includes the duty of forecasting but in companies that don’t have an in-house CFO these duties are often neglected. …

Read more >

Tagged with: , ,
Posted in Business Best Practices, CFO Services
Categories
Recent Posts
Tags
Archives