I approach all of my professional relationships as a Business Scientist and Entrepreneurial Capitalist.
I discovered in Graduate School the soft sciences respond to the laws of nature like ocean physics or weather systems. Nothing in nature is superfluous, there is a reason for everything, and nature always seeks the most efficient solutio
I approach all of my professional relationships as a Business Scientist and Entrepreneurial Capitalist.
I discovered in Graduate School the soft sciences respond to the laws of nature like ocean physics or weather systems. Nothing in nature is superfluous, there is a reason for everything, and nature always seeks the most efficient solution.
Business is no exception. One revelation from the last 40 years is the significance of the small business community; you and I employ 57% of the plant.
My consulting experience extends from the Fortune 500 to small business turn-arounds. We have worked in software, hardware, online, manufacturing, pharmaceuticals, hospitality, and retail. I will provide a client list upon request.
Besides BS and MS degrees in Organizational Development, I have over 100 oceanographic missions leading and managing teams of scientists and technical experts. This taught me the need for attention to detail and precision in a variety of challenging environments.
I use this approach with all of our partners and train their employees to use our simple tools. The long term impact improves problem solving, decision making, and maintaining a measurement backbone.
FIT - How FIT is your business?
FOCUS: where is the leverage, what will provide the greatest gain or impact with the least investment.
I
I use this approach with all of our partners and train their employees to use our simple tools. The long term impact improves problem solving, decision making, and maintaining a measurement backbone.
FIT - How FIT is your business?
FOCUS: where is the leverage, what will provide the greatest gain or impact with the least investment.
IMPROVE: given points of leverage, create initiatives that close the gap between today and the future.
TRACK: measuring progress to ensure improvements achieve the desired results.
What if you could create a Self-Managing Organization?
Here we are in 2021 and hoping to put 2020 behind us. Unless you were one of the lucky owners who had the right offer at the right time, the majority of entrepreneurs took a big hit last year. It is forecasted that business revenues for 2020 is 1/3 of 2019! How many owners do you know that are already out of business?
The challenge with revenue is it hides all sins. What matters most is not the increase in revenue, it is the increased margins from selecting better customers and running a tighter operation. Profits are the end result of better cost management.
T his is very different series than anything I have done. I usually stay out of the personal aspects of entrepreneurship but I know how challenging it can be - especially if you have some notion of balance.
This is the first of a three part series: the Elite 5%, the Uncertain 15% and the 80% - Underperforming Many.
5% of small businesses today globally or locally dominate their markets, have great revenue and margin numbers; in a word very profitable.
15% of small business today have achieved breakeven plus sand are doing good, not great. The have reached sufficient and predictable cash flow. What is the problem? Some of the owners of businesses at this level are not satisfied with being a second tier company, they seek market leadership and then domination like the 5%.
The remaining 80% represents startups, zombie's, and companies hammered by the pandemic. They are barely hanging on, if that, and are desperate to achieve breakeven and join the 15%.
Occasionally I will reference an expanded article on the radio, podcast, or in an article. This is where you find those documents for a short-period of time. If it is here, download it now, it might not be here next week.
Measurement v8: Module from the GreenMark Boot Camp Manual on creating a management skeleton - cited in my article on Measuring Managers in the GUAC Magazine.
MacGregor: basis of the book One Minute Manager by Spencer Johnson and Ken Blanchard. As a biz owner - what would this look like in your company? The first document I provide to new clients to capture where they want to be in 5 years.
ReIMAGINE Your Business is our focus in Season 5 (April - June 2021) is based on our research for idiot proofing (not you - the politicians and bureaucrats) your business. Given we live in arbitrary world where we only control our response to their decisions.
We are Entrepreneurs for Entrepreneurs
Congratulations! You have just taken your first step to ReIMAGINING the possibilities in your business!!
The team at IBGR.Network are committed to your success. We want to partner with you to help you reach your goals.
Copyright © 2018 William Eastman - All Rights Reserved.
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