by Lea Strickland | Jul 31, 2014 | Budgets and Financial Tools, Business Articles, Business Growth, Entrepreneur, Non-Profit, Small Business, Start-up, Strategy
Where does innovation take place? What drives innovation? Can an environment be created that fosters innovation? If so, can the opposite also be true? Do organizations hinder innovation by how they are structured and how they are managed? Where can the heart of...
by Lea Strickland | Jul 31, 2014 | Budgets and Financial Tools, Business Articles, Business Management, Human Resources, Leadership, Non-Profit, Perspectives, Small Business, Start-up
You may not recognize the phenomena by name, but many have experienced it. The coffee pot syndrome (CPS) is the first signal that a business has performance issues. CPS occurs when a business isn’t achieving profitability objectives and starts looking for ways...
by Lea Strickland | Jul 31, 2014 | Budgets and Financial Tools, Business Articles, Business Growth, Business Management, Business Plans, Non-Profit, Small Business
When we think of a business, we must think in terms of activities that produce resources and those that use resources. Everyone and everything in the organization is engaged in creating or consuming resources, or in some instances both. People who are paid for their...
by Lea Strickland | Jul 31, 2014 | Budgets and Financial Tools, Business Articles, Business Management, Small Business, Start-up
So many businesses are started by the seat of the pants, and with only the basics of knowledge about how to organize and run them. The businesses start spontaneously, with its founders’ limited exposure to various types of organizations and bits of information that...
by Lea Strickland | Jul 31, 2014 | Budgets and Financial Tools, Business Articles, Business Growth, Business Management, Entrepreneur, Marketing, Sales and Business Development, Perspectives, Resources, Small Business, Start-up, Strategy
For businesses of all sizes, the credit and banking industry issues of the last decade have raised questions of how to build and sustain organizations with less dependence on external sources of capital (debt and equity) and more from internal resources, such as funds...
by Lea Strickland | Jul 31, 2014 | Budgets and Financial Tools, Business Articles, Business Growth, Business Plans, Small Business, Strategy
Understanding how to get the most out of your strategic plan is important. A robust strategic planning process includes translating the strategic and operational objectives into pro forma financial results. These financial results, like the strategic plan, typically...
