Jeff's Blog

Thoughts from Our Managing Partner and Other M&S Thought Leaders

Many business owners reach a point where managing the financial side of the enterprise becomes overwhelming. Usually, this is a good thing — the company has grown to a point where simple bookkeeping and basic financial reporting just do not cut it anymore. If you can relate to the feeling, it may be time to add a CFO or controller. But you must first consider whether your payroll can take on this...
Is your organization looking to hire new employees? Join the club. The U.S. unemployment rate hit a historic low this year, according to a Bureau of Labor Statistics household survey. It fell to 3.6%, the lowest rate since December 1969 — that’s almost 50 years!  With so many people employed, the competition for those out there looking for work or considering a job change is fierce. Hiring and...
By now, most employers have read up on, hired and gotten to know Millennials. Well, guess what? A whole new demographic is here: Generation Z. Whereas Millennials are those who came of age around the Millennium, Gen Z are regarded as those born just before, on or relatively soon after the year 2000. With every new generation, there’s an element of rebellion against the attitudes, lifestyles and...
Many businesses struggle to turn abstract strategic-planning ideas into concrete, actionable plans. One reason why is simple: ineffective meetings. The ideas are there, lurking in the minds of management and key employees, but the process for hashing them out just does not work. Here are a few ways to run your strategic-planning meetings like they really matter — which, of course, they do. Build...

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