Cash Hoarding By The Big Boys – Solutions

In a remarkable announcement covered by the FT, Mondelez International, the former Kraft snack food group, is changing its payment terms to 120 days. Wow, there’s some real arrogance right there. Cash hoarding by large groups has caused the percentage of cash relative...

Execution Requires a Contrarian Mindset

Successful execution requires a contrarian mindset, otherwise we would all be great at it! What do I mean? To successfully complete difficult tasks requires a different approach, a unique perspective, a contrarian mindset: Talent development – Container Store...

Know-How – 20 Tips To Help Owners Save Time

Ram Charan wrote the best selling book Know-How – 8 Skills that separate people who perform from those that don’t. I see entrepreneurs struggling with know-how every day. You know what you know. So I’ve assembled 20 laconic tips acquired during my 30...

Secrets of Scaling a Business – Revisited

Our Boston workshop on Scaling is only 2 weeks away so let’s remind ourselves of the key issues! Well let’s define scaling in terms of sales growth. Let’s say you are on a path of scaling from $5m to $75m. Let’s assume you are not growing at say 25% per annum,...

Incentives – The Secret of Success

We’ve all been touched by incentives at one time or another. Sales commissions, fixed bonuses, a prize, an earn-out deal when you sold your business. You might have received a bonus as part of a team achievement. However after 30 years in business I’m not...