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The Magic of a 3 Year Forecast

The Magic of a 3 Year Forecast

In my role as a coach I work with CEOs and their leadership teams to help them put systems in place so they are capable of confidently predicting the future growth and profitability of their business.

One of the key things we do as part of this process is produce a 3 year financial forecast. This is a great way of looking at future sales, profitability and cashflow. However, this only works if you get the input of the entire leadership team and not just the finance function.

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The Gift of Feedback

The Gift of Feedback

I recently spoke to YPO Guatemala, in Guatemala City, which was a great experience. I shared with them a three hour interactive workshop on leadership succession planning. What made it a great experience was their willingness to participate fully in the discussion and group exercises as well as their warm generosity in the way that they hosted me while in Guatemala.

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7 Signs You May be a Bad Boss

7 Signs You May be a Bad Boss

Nobody likes to think of themselves as a bad boss. But in my travels through the leadership keynote speaker world, I’ve met so many current and aspiring leaders. And whether they’re newly minted managers or seasoned C-suite types, regardless of their leadership tenure, it’s quite common for people to have a few blind spots around their own leadership styles.

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Cherishing Personal & Business Relationships

Cherishing Personal & Business Relationships

February is the peak of downhill ski season and the time of year when I enjoy spending as many days as I can on the slopes. I try to combine my passion for skiing with the opportunity to spend time with people whose company I enjoy and find stimulating. This past month I was fortunate to rekindle some old friendships with some close friends I haven’t seen in several years.

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Recession-Proofing Your Business

Recession-Proofing Your Business

Navigating Your Business through Challenging Economic Times – In this episode, we welcome entrepreneur, author and leadership expert Richard J. Bryan to offer his expertise on ways to recession-proof your business.

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The Value of Retaining Talent in a Competitive Market

The Value of Retaining Talent in a Competitive Market

As a family business owner, you may be feeling pressure to reduce staff, but the old adage that a bird in the hand is worth two in the bush is particularly apt when it comes to your employees. Despite the concerns about inflation and the push for layoffs, the companies that keep staff on the payroll will have a distinct advantage.

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Developing Successful Leaders in the Family Business: 3 Tips for Creating Positive Outcomes

Developing Successful Leaders in the Family Business: 3 Tips for Creating Positive Outcomes

It’s easy to think of succession planning as something that happens at the end of an era. But for a family business to survive and hopefully one day thrive, it’s actually a lifelong process that should be running in the background at all times—and coming into the foreground during key transitions. With this in mind, here are three essential tips to ensure you’re setting the next generation of leaders up for success in the way of family succession planning.

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4 Tips for Developing Your Company’s Future

4 Tips for Developing Your Company’s Future

As a  succession planning keynote speaker and author, I talk a lot about Millennials in the marketplace, who comprise half the current U.S. workforce and expected to reach 75% over the next five years. But recently, I’ve begun to field questions about preparing the next generation of leaders during this incredibly pivotal time. Today, with the oldest in this massive and complex demographic turning 40, and already exploring the upper echelons of leadership, the NEXT generation of leaders are just now entering the workforce.

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Leadership During Adversity: 7 Qualities That Make a Survivor

Leadership During Adversity: 7 Qualities That Make a Survivor

There’s nothing like a legitimate crisis for teaching business leaders what they’re really made of. As someone whose early days in the family business were defined by crisis leadership, I could not agree more.
But I didn’t do it alone. The leadership during adversity in question was delivered by my mentor, business turnaround specialist Frank

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Rise of the Virtual Boss: 5 Tips for Effective Remote Leadership

Rise of the Virtual Boss: 5 Tips for Effective Remote Leadership

During the past couple of years, we have had to become comfortable working from home—while also trying to balance family life, and possibly looking after someone who has been sick or has become more vulnerable. This is quite a change for many who were used to their daily commute into the office, where they had a clear distinction between home and work life as a virtual boss.

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10 Succession Planning Questions to Ask Yourself Today

10 Succession Planning Questions to Ask Yourself Today

When it comes to succession planning for your business, are you engaging in a sustainable long-term strategy, or just looking for a quick fix? In my experience, the best succession plans are those that take a proactive long-term view. I’ve identified some essential areas in which you simply MUST be prepared. Answer these 10 business succession planning questions to get a clearer picture of where your business falls on the readiness spectrum.

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6 Tips to An Effective Leadership Transition

6 Tips to An Effective Leadership Transition

The time to start the succession planning process isn’t when you’re under the gun to find a new leader in a few months, or even weeks—it’s NOW, when you can take the time to be proactive, strategic and thorough. At minimum, this is a two year process, but having a longer term plan in place…3 to 5 years, is even more beneficial in an effective leadership transition. I’ve created six tips to guide the succession planning process as you look for the right candidate.

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