The Ten Commandments of Business Transformation
For 35 years I worked with Venture Capital and Private Equity portfolio companies and a handful of privately-owned enterprises. All faced the same dilemma – how does our company transition to maximize revenue growth and profitability? How do we reach our potential?
Every one of the fifteen companies with whom I worked suffered from a malaise of inertia. There was a lot of talk and little execution; and that execution was ‘what we always have done.’ Ironically, the management team created an excuse of why we could not make changes. We did. So, I developed the Ten Commandments of Business Transformation – a blueprint to organizational success that is applied to every aspect of the business.
Identify the Business Metrics for your Success Tomorrow and Plan HOW You are Going to Get There
Build a Synergistic Marketing, Sales, and Financial Plan to Fuel the Growth of Your Company
Develop Your Value Proposition and Ensure Every Employee Can Articulate It
Every Employee Needs to Understand HOW their Job/Role Impacts the Business
Develop a Professional Development Plan for Your Employees (Make them Better)
Bring in Talent to Help You Get Where You Want to Go
Stop Promoting People to Levels Beyond their Incompetence
No One (No Matter How Productive) Should be Allowed to Devalue the Work of Others
You Cannot Get Rid of Unproductive Employees Fast Enough (No One is Better than Just Anyone)
Train Your People within an Inch of their Lives
CEO Warning … Do you Want to Be King/Queen or Make Money?
A Reminder … Repetition Pierces Even the Dullest of Minds
