We keep hearing that a recession is imminent. I know business owners who await this as if a tsunami is about to hit. But just like ocean science, there is also the science of money. Economists go straight to the history books to help us common folks get some depth of understanding about recessions. We […]
Facing The Fear Of Recession
“Nothing in life is to be feared, it is only to be understood. Now is the time to understand more, so that we may fear less.” ― Marie Curie I have been to the gas stations. I have been to the grocery stores. In my profession, I have ordered parts and equipment, and I have […]
Smart Tech Acceleration = Effective Long-Term Growth
Tech acceleration is about fast implementations that fix short-term issues. Smart tech acceleration focuses on implementing technology that supports the organization’s long-term goals and vision. The rapid growth of technology shows no signs of slowing, and businesses have gradually begun to adjust to a “new normal.” Small and medium-sized businesses (SMBs) have started to realize […]
Understanding Effective Tech Acceleration
I know you hear me say this often, but the technology landscape is constantly evolving. Organizations must keep up with these developments to avoid being left behind by competitors and customers. This is where understanding tech acceleration can become your advantage. We define it as intelligently improving the technology that employees rely on in a […]
“Unexpected Changes,” “Unknown Vulnerabilities”
Is sustainable scalability is a fancy way of saying “roll with the punches?” Maybe. If so, that analogy presumes two things. First, that all business owners know to expect the punches. Second, that we all know where to look for the punches to come from. Right now we are watching multiple economic indicators so we […]
Sustainable Strategies: Grow Smarter And Not Just Faster
Too often we rush through the implementation of processes like new hire training and technology upgrades. This can cause botched executions and unnecessary confusion. Businesses should pursue a sustainable strategy that will allow them to grow smarter, not just faster. Sustainability in business is all about being repeatable, adaptable, and capable of scaling up and […]
More On The Ability To Scale Up Or Down—Especially Now
Our companies operate in a turbulent business environment where new technologies are reshaping industries, customer preferences are evolving rapidly. and geopolitical equations are shifting dramatically. If you’re struggling to adapt to these quick and challenging transitions, you’re not alone. I have seen some corporate executives resort to quick fixes that don’t support customer or employee growth […]
Possible Recession? Time To Review “Sustainable Scaling”
“Sustainable scaling” may sound like a dental procedure, but in practice, it is a combination of business choices and procedures that can steer your company through volatile economic times. Let’s start with defining “a sustainable business.” Being a sustainable business means more than just recycling and using renewable energy. It means laying the groundwork for […]
Longest Q1 Ever—Or So It Feels, Right?
I am very much a by-the-book kind of businessman. I plan. I project. I try to spend time with my nose to the grindstone even in weeks I’d rather dream I was independently wealthy. I stay hopeful and I have faith. But to be honest—this first quarter of 2022 has tested me. What else can […]
Federal Law Is Changing: You Must Report Cybercrime
Last week, a $1.5 trillion funding bill for the government was signed into law. It should be noted that this funding bill passed the Senate with a unanimous vote. That by itself is remarkable these days. I am telling you this because part of that new law mandates that owners and operators of critical U.S. […]