Showing posts with label reality. Show all posts
Showing posts with label reality. Show all posts

Thursday, July 23, 2009

Excuses are Crap!

One thing we face each day as we assist Business Owners to execute their Business Plan is the inevitable round of excuses. Lets face it as a Business Owner there are a thousand things going on and lots of white noise that can detract from the real issues. So how do we get around this? Quite simply we hold them accountable for their own plan. We confront reality and we tell them how it is.....novel I know!!

Another reality for Business Owners is that sometimes they never hear the truth.....sure they get well meaning watered down reports or feedback from loyal staff but sometimes when we work through the issues facing a company the reality is the main blockage or bottleneck slowing progress is.....you guessed it the actual owner. They need to know this, the reasons why and be shown how to get out of the way of their own business. Of course with many personalities this needs to be done in the most productive way.....but it needs to be direct, give the facts and be honest! If a business can functon perfectly well without the owner then thats added value, makes it sellable and more valuable.

On another note I'm glad Mr Weatherston was found guilty yesterday. An appalling crime that deserves an appallingly long Prison sentence.

Karl

Monday, July 13, 2009

Checking in With Reality

As we work one on one with business owners to grow their businesses we get to see their many and varied challenges. One learning that we have as a team in our own business is to constantly check our systems against reality. It is very easy to add more complexity to a company when what is really needed is a simple tweak to the current process to get better results or information. New systems for the sake of them do not save time. Checking reality with the desired outcome is all that is required to see is a system is performing.

Each business we work with has a different structure, industry, market and their own unique financial and management challenges and whilst there are similarities in the evolution of each business a universal approach to growth does not work. Likewise the owner operator has differing needs than a larger company with a management team. One common theme is that all business owners experience the isolation of leading. Sometimes the network we provide by getting our clients together regularly or by simply listening to their issues, gives that sounding board they need to re energise and overcome the latest challenge.

Karl (hit our website)