Thoughts from Our Managing Partner and Other M&S Thought Leaders
May 16, 2019
Many businesses have a life cycle that, as life cycles tend to do, concludes with a period of decline and failure. Often, the demise of a company is driven by internal factors — such as weak financial oversight, lack of management consensus or one-person rule. External factors typically contribute, as well. These may include disruptive competitors; local, national or global economic changes; or a...
May 14, 2019
In the broadest sense, strategic planning comprises two primary tasks: establishing goals and achieving them. Many business owners would probably say the first part, coming up with objectives, is relatively easy. It’s that second part — accomplishing those goals — that can really challenge a company. The key to turning your strategic objectives into a reality is a solid implementation plan. Start...
May 09, 2019
As an individual, you’ve no doubt been urged to regularly check your credit score. Most people nowadays know that, with a subpar personal credit score, they’ll have trouble buying a home or car, or just getting a reasonable-rate credit card. But how about your business credit score? It’s important for much the same reason — you’ll have difficulty obtaining financing or procuring the assets you...
May 07, 2019
While absenteeism has been a long-standing thorn in the side of many companies, the other end of the spectrum is just as damaging; "presenteeism," when employees come in unwell or put in excessive overtime, can be a prickly thorn itself. Now you probably appreciate and respect workers who are team players and go the extra mile. But employees who come to work when they aren’t operating at full...
Have our insights delivered directly to your inbox!
Submitted by admin on Wed, 2017-06-21 09:20