Leadership & Management
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Bill Granda
If most of the people in your company hit the lottery with a huge win, would they come to work the next day? If you thought “Who are you kidding?” after that question, maybe it’s time to take a long hard look at how you’re managing your human assets.
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If you are considering acquiring another business, chances are you’re justifying the acquisition on the potential value you anticipate it will create. Yet no matter how attractive the opportunity looks on paper, consider that value is not created until after the acquisition, when people from the combining organizations collaborate to create the expected benefits and discover others.
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Here’s a way to approach getting back to the basics in your company. Look at your business from these four perspectives: (1) financial, (2) customer, (3) management/process, and (4) learning/innovation/growth.
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Bill Granda, Regional Director, Paradigm Associates
The old proverb says, "The best time to plant a tree was 20 years ago. The next best time is now." Said another way, the best time to develop a game plan is not in the middle of the game. You just don't make good decisions in the line of fire unless you've done a lot of thinking and prep and made a lot of decisions ahead of time.
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