Commercial

The future is fundamentally uncertain. Unforeseen surprises are all but inevitable. How then can we position our enterprise to quickly respond to these unknowns? In today’s newsletter, I take a look at this fundamental uncertainty and share suggestions for taking it into account in the way you monitor and run your business. Read more…
The post The Future Is Unknowable

Effective management requires listening, communicating, and observing people firsthand. Virtual interactions, while certainly more convenient, can have a negative impact on results if done to the exclusion of everything else. Today’s newsletter explains, in addition to offering specific suggestions for taking full advantage of your physical presence. Read more…
The post Why Your Physical Presence Matters (December 2021) appeared first

The material and labor shortage are likely to stay with us for some time. Now, it is more essential than ever to keep close tabs on where your company is financially. With that in mind, today’s newsletter examines several financial best practices that are critical to navigating through these challenges. Read more…
The post Supply Chain Problems and Labor Shortages

Financial restructuring generally refers to a series of financial transactions that results in existing equity being significantly diluted and/or wiped out. It is rarely a pleasant process and, thankfully, not something most debtors have a great deal of experience with. By understanding what’s involved (the subject of today’s newsletter) and enlisting the help of qualified and experienced financial and legal

Financial restructuring generally refers to a series of financial transactions that results in existing equity being significantly diluted and/or wiped out. It is rarely a pleasant process and, thankfully, not something most debtors have a great deal of experience with. By understanding what’s involved (the subject of today’s newsletter) and enlisting the help of qualified and experienced financial and legal

The critical path can be defined as the sequence of tasks determining the minimum time needed to get something done. Identifying and understanding these tasks is essential to ensuring that the necessary work in your organization gets done properly and on time. Today’s newsletter examines this important concept and shares tips for managing it effectively. Read more…
The post How

Fundamentally, leadership is about getting people to move in a particular direction. In my experience, that comes down to communicating a clear vision, ensuring that people understand their role, and staying visible throughout the process. In today’s newsletter, I take a look at how this plays out in practice and share additional recommendations. Read more…
The post Change… It Doesn’t

Opportunity cost is a big picture means of looking at things. It comes down to determining the highest use and highest value of a limited resource, whether that’s time, money, production capacity, or something else. In today’s newsletter, I examine four critical constraints that create opportunity cost in the first place and share suggestions for identifying and managing them. Read

Every business has its share of ups and downs. When the downs create financial distress or threaten your business with a loan default, lender communication will necessarily come into play. In today’s newsletter, we lay out an approach for doing this effectively. Read more…
The post What Your Lender Needs to Hear When Your Business is in Trouble (May 2021)