How To Manage a Rep Network

How To Manage a Rep Network

Most manufacturers have outside reps. These are self-employed individuals or in some cases, larger businesses who employ many reps. They are not on your payroll. This in itself is a management challenge. Herding cats, managing a legal partnership, controlling a five...
M&A – The Horrible Habits of Most Acquirers

M&A – The Horrible Habits of Most Acquirers

We’ve all read the statistics on acquisition failure. We’ve seen shareholders’ cynicism reflected on both sides of the deal e.g. Dell’s acquisition of EMC has prompted shares of VMware Inc., the company 80%-owned by EMC, to drop nearly...
Building the Perfect 2016 Budget!

Building the Perfect 2016 Budget!

A classic post from last year tweaked. For many management teams the months of November and Devember represents the Budget sign off time. However they are so often badly done. Frankly they are recklessly compiled representing the classic “hope over...
The Strategic Plan – 13 Steps To Success

The Strategic Plan – 13 Steps To Success

The Strategic Plan sounds like a big company tool, the sort of thing that IBM or Google might pull together. Well these companies have become “Pillar” companies for a reason. They plan and execute. They zoom out and zoom in (Jim Collins). Middle market companies would...
Radio Interview – The Art of Scaling

Radio Interview – The Art of Scaling

We all want to grow our business but are we scaling our business? Scaling requires an investment ahead of time. People, processes, structures all need to be built at the right level at the right time. As we scale we need to be ever watchful that our efforts as a team...
Developing Second Tier Management

Developing Second Tier Management

It drives to the heart of dependency on the CEO/founder. It builds capacity and bandwidth into the C-Suite. It creates a positive engagement amongst all staff. It produces a better service for the customer. It drives innovation. It builds shareholder value. It...