A growing number of privately-held businesses contemplate the deployment of an outside advisory board but are not sure what the true recipe for success includes. Boards can be a powerful value creation catalyst. There are 3 things I always share with business owners who are creating a board;
Be crystal clear on what you need […]
Advisory Board Readiness Assessment – Know Your Readiness State Before You Begin.
A growing number of privately-held businesses are contemplating the future deployment of an outside advisory board. A primary catalyst is the reality that more and more businesses are being faced with the challenge of designing a well thought out succession plan. As this takes […]
Excited to share with you a recent article that appeared in SBN, The Relationship Challenge: one-to-one versus one-to-many. The genesis of the story stems from a deep belief that all professional service providers (PSP’s) need to elevate their respective game to deliver more meaningful and impactful results.
As part of the broader PSP Eco-system, The Vector […]
In reflecting upon why less than 50% of privately held firms have a strategic plan, it became obvious that a number of different concerns are weighing on the minds of business owners. Regardless of the reason, it is important to bring to the forefront, such that it can be addressed.
Fear #1: Fear of being intimidated […]
A crucial element for a successful Customer Advisory Board is expert facilitation. After months of planning, design, recruitment and preparation for the face-to-face meeting, poor facilitation will undermine planned outcomes and yield less than desirable results.
A facilitator guides and manages discussions at advisory boards and creates the best environment for peer exchange, while ensuring open […]
A strategy is not optional; it’s mandatory to thrive. If you are not clear on what kind of business you want to be, and how you intend to succeed, you will simply end up competing on price.
There are four ways to seek competitive advantage: (1) Product leadership; (2) Price leadership; (3) Convenience leadership; and (4) Service […]
When thinking about the core attributes of a successful leader, it is tempting to make a huge list that is essentially unrealistic and costly to either develop or recruit for. More prudent to focus on the vital few which will serve to ignite and fuel the growth of the organization.
First is Intelligence. There is a growing […]
I wanted to share with you a very personal and real story that my son recently wrote in honor of his mom. It is one of the most moving, revealing and powerful life lessons you will ever encounter about overcoming a tragic loss. In times of need, a combination of people, faith and deep passion […]
From time to time, we will select a handful of inspirational stories, quotes and developments that will keep us grounded on what matters most. The journey from success to significance begins with an appreciation of what is most important. We hope you enjoy this content.
1. “Entrepreneurs average 3.8 failures before final success. What sets the […]
I am a big believer in the power of emotional intelligence and part of the competency framework is self awareness. Being unaware, we unconsciously engage our default behavior. Only when we become aware of something, are we able to make choices as to the action we wish to take.
Sometimes, just being aware, allows the problem […]
