21 Apr

Do You Have a Succession Plan for Your Business?

According to the U.S. Small Business Administration more than half of all small-business owners are age 50 or, older. Planning for your ultimate departure from your business, the succession plan for your business is not something you do a few months before you decide to retire or leave that business.  The earlier you begin the better, no matter what your age.

A survey by the Financial Planning Association found that while 78 percent of small-business owners intend to sell their businesses to fund their retirements, fewer than 30 percent have a written succession plan. That’s not a recipe for success.

Read More

14 Apr

Why Don’t You Have a Strong Workforce Plan

Workforce planning is a process where the business identifies and addresses the gaps between its current workforce and its future needs. A strong workforce plan allows the business to:

  • Align workforce requirements directly to the business’s strategic and tactical business plans
  • Define both current workforce needs and future requirements
  • Identify skill gaps and develop strategies to fill them
  • Develop appropriate measurements to identify workforce success measures and the corresponding alignment of the workforce with organizational needs.
  • Identify and change the behaviors that act as barriers to effective workforce strategies and success.

So why don’t most businesses have a strong strategic workforce plan?

Read More

07 Apr

The Fear of Success

How can this be?  How can anyone be afraid of being successful? Yet it happens and it is more common than you may think.  The Fear of Success that resides in many can not only disrupt your personal life, in business, it can disrupt your career and possibly even end it.

 

I’m doing everything I can to sabotage my career. It’s a little thing called “fear of success”. –  Jon Stewart

Read More

31 Mar

What’s Up With Your Workforce

Your Workforce. It has been said it many times, it is your workforce that drives your organization’s strategy.  Few businesses have a Workforce Strategy.  In fact, even among those that do less than 10% have workforce strategies that are aligned with the organization’s strategy.  The Workforce is the one thing that any business has that cannot be duplicated by its competitors.  The Workforce is the key to business success, yet, most businesses invest minimally in it and look at labor as something to be controlled or worse, to be reduced with an eye on reducing cost.  In other words, businesses look at their Workforce as a means of cost control instead of as the path to amazing success.  Not only do they need a Workforce Strategy, they need an appropriate one.

 

Why A Workforce Strategy?

Read More

24 Mar

Why Should You Become a High Performing Company?

We often hear the expression “High Performing Company.”  Consultants say it, Business owners say it, Managers and Executives say it.  But what does it mean?  What exactly is a high performing company and what does it do for you?

Let’s start with a simple definition.  According to Andre de Waal of the High Performing Organization Center, it is:

“…an organization that achieves financial and non-financial results that are exceedingly better than those of its peer group over a period of time of five years or more, by focusing in a disciplined way on that which really matters…”

Read More

Pin It on Pinterest