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A challenge in counseling a troubled business is to recognize the gap between theory and reality. It’s one thing to develop an aggressive action plan. It’s another to confront past due creditors and frightened employees. It takes courage to communicate pay cuts to employees. It takes compassion to recognize the impact your decisions will ...
The post Courage and Compassion appeared first on Unconventional Business Network.
In this series, we’re discussing different approaches to leading a company through a recession. Many financially driven leaders will jeopardize their supplier relationships during a recession. The financially driven sometimes start demanding price concessions and begin paying their vendors much slower. A visionary may take a longer-term view. By offering to pay your ...
The post Visionaries vs Financially Driven: Part IV appeared first on Unconventional Business Network.
In this series, we’re discussing different approaches to leading a company through a recession. Visionaries often differ from the financially driven in that they view a recession as a time to expand market share. If your company has the strength financially, recessions can be a great time to expand. While Blockbuster Video stores ...
The post Visionaries vs Financially Driven: Part III appeared first on Unconventional Business Network.
My friend Glenn had hit rock bottom. He had pursued his work more than his wife, resulting in a divorce and a lonely evening in an empty house. That’s when Glenn received a pivotal call from his long lost friend, Dave. Because of their history, Dave had the influence to deliver a direct message. ...
The post Exercising Your Influence appeared first on Unconventional Business Network.
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