Margaret Reynolds Test your opinions against 1,000 business leaders to commonly asked questions. Answers will be in the next blog. 1. Businesses are optimistic about the future. 2. Manufacturing is the industry segment with the lowest average business strength. 3. Sales are up companred to this time last year. 4. Businesses are not increasing headcount. 5. Small …
Someone one asked, “if you wanted to plant an oak tree, when would be the best time?”. I guess it depends on whether you like oak trees but assuming you enjoy the shade and beauty of the magnificent oak, the best time was 20 years ago so that today you could be enjoying both. “So …
In today’s environment, the most underused and biggest opportunity for improved performence is the power of the people. Which people? The people you connect with–employees, customers and influencers. You have undoubtedly heard all the statistics about how people, not companies, determine what gets heard (not what gets said) about the organization. Through Facebook, Twitter and …
Today’s business vocabulary is filled with words that are accompanied by a sense of urgency. When we refer to profits or sales, we want them NOW–not in 2 weeks, 2 months or 2 years. So no surprise that growth (which is generally viewed as more long term and strategic than sales), although highly desired by …
The Royal Wedding is almost here. Some of you may be more thrilled than others. However, you can’t deny that whether you are a romantic, a business centric thinker, or both, it has far reaching repurcussions. In a recent blog by Rosabeth Moss Kanter she explores some of these issues. Not unlike the last presidential …
The post below is from Seth Godin. He made my point exactly! Check out http://reynolds-consulting.com/wake-up-stand-up-rise-above/. Our markets are forever changed and our businesses and attitudes must keep up (if not anticipate/innovate) If my blog doesn’t convince you perhaps Seth’s will. Please share your thoughts about the evolving world we live in. New polling out this …
Jim Collins and co-author Porras wrote the bestseller Built to Last in 1994. (The phrase was also the title of the 13th and final album of the Grateful Dead, recorded in 1989). That book, over 15 years ago encapsulated the “successful habits of visionary companies’, assumably the ones that would win forever, or at least …
In today’s world, pricing is becoming a enigma. How do you set prices to ensure value for the customer AND maximize margins? There are definitely some do’s and don’ts to consider. My biggest DON”T is nickle and diming. Which of us likes that? Let me give you a few examples: The airlines that charge for …
In March, I blogged about “The top ten reasons NOT to do strategic planning.” The number one reason listed? “I already have a plan.” Maybe you do. If so, great. Chances are that you don’t. Many leaders confuse an operating plan with a strategic plan. (If you use Rockefeller Habits for example, which is a great …
In a recent article of the Financial Post Entreprenuer, Jameson Berkow shared his views regarding when a company needs to consider seeking help from outside resources, how consultants can support growth and how to find the right resource. Excerpts of the article follow. To read the entire article click here. Who needs outside resources? “The bottom line is …
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