You’ve just acquired another business and you want to create some synergies, by selling the newly acquired company’s products through your other subsidiaries. So how do you do it? This is a classic cross-selling problem. Or you may have launched a new consulting...
Imagine you’ve just been appointed CEO of a private company or a division of a public company. It doesn’t matter if you’ve been in the job 10 years, I’m asking you to imagine! How would you audit your sales performance? How would you know if...
Scaling is Growth with CAPS – Control, Alignment, Predictability and Safety. Or in order of importance: Alignment, Control, Predictability and therefore Safety. But that doesn’t make a great mnemonic! But here is the problem. Most private businesses can’t scale...
The paradox of scaling is clear. Most companies when growing their top line, sacrifice their margins. The main reason is because management confuses “growing” and “scaling”. It’s the same as confusing activity with effectiveness. I know...
If you scale a business there is a high probability your margins will drop! How can this be? I build a bigger, better, stronger business and my net margins drop? Because wastage creeps in. Costs explode and you end up with more bodies, more space, more equipment. But...
Private companies are formed for many reasons. Employees are fired and are driven to start their own business. Some people just get bored with the corporate politics. Others see a gap in the market. But few are driven by purpose. 9/11 was a catastrophic event...