Sparking the Next Big Idea: Brainstorming Techniques Innovation starts with a great idea. But how do you get there? It’s not about waiting for a lightning bolt of inspiration. It’s about creating an environment where ideas can thrive. Here are a few techniques to get your team’s creative juices flowing: From Idea to Action: Creative …
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Don’t Let Summer Melt Your Productivity! Tips for Manufacturers
As the sun shines brighter and the days grow longer the allure of summer fun is undeniable. We all cherish these warmer months. However, for business owners and leaders, especially in the dynamic world of manufacturing, it’s crucial to maintain momentum. Productivity must be sustained. The summer season can bring unique challenges. Team members take …
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Inspiring Your Team to Achieve Greatness
This month, we’re diving into the heart of what makes a manufacturing operation truly thrive: leadership and team building. In today’s dynamic environment, inspiring your team to achieve greatness is essential. It’s the key to unlocking sustainable success. It also provides a competitive edge. The Power of Effective Leadership Leadership isn’t a one-size-fits-all approach. It’s …
Financial Fitness: Sculpting a Healthier Bottom Line for Your Business
Just like physical fitness requires a dedicated plan, so does your business’s financial health. This month’s newsletter is your workout guide to a stronger bottom line, focusing on three key exercises: budgeting & forecasting, cash flow management, and tax strategies. Let’s get your finances in shape! Exercise 1: Budgeting & Forecasting – Charting Your Course …
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What are three common issues the small manufacturers face?
Three common issues that small manufacturers often face are: • Limited Resources: Small manufacturers often have restricted budgets, workforce, and technology, which can hinder their ability to scale, innovate, or adapt to market changes. • Supply Chain Challenges: Managing complex supply chains, sourcing materials, coordinating logistics, and maintaining quality control can be overwhelming for small …
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Navigating Business Succession: A Comprehensive Guide to Crafting Your Exit Plan
It is Important to have a solid exit succession plan for your business. A well thought out plan not only ensures a smooth transition but also safeguards the legacy you have built. If you do not have a plan, you should start now. Steps for Creating an Exit Succession Plan: 1. Assessment of Business and Personal …
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Raise Your Prices?
I remember hearing a story about a tattoo artist who was charging $50 an hour for his services. When a Business Coach told him he should double his price, raise it to $100 an hour, his reply was “I will lose half my customers” The coach explained that the industry average for the area was …
Lead and Learn
It is often difficult to get time to sit and read a good leadership book, there are times after a few minutes, a quote hits the spot where I need it most that day. “A person must be big enough to admit their mistakes, smart enough to profit from them, and strong enough to correct …
What have you learned from 2020?
What have you learned in 2020? I am a big-time advocate of continuous improvement. Part of improving all the time is learning all the time, whether it is learning from events in my life, or learning from watching others. Pivot – use basketball example I learned from all American college player, pivot to the hoop. …
What to do When Calamity Hits
Life has hardships, you can’t avoid them. Very recently we lost a close family member. It is still difficult to talk about it. I started to think about how it affects you when you suffer loss. It really can be difficult to process. Difficult to move on. Many mornings it is hard to even get …
Business Fix 