Differentiation – The Secret Weapon
You have probably heard the phrase that “good is the enemy of great”. In today’s competitive marketplace, being good at what you do only works until someone else comes up with something great. So how do you go about finding a better way and enabling your company to become great at what it does? This […]
The Impact of Data-Driven Decision Making on Business Performance
Data-driven decision making has emerged as a powerful strategy in today’s digital culture. But does it actually improve business performance? As just one example, a study by McKinsey reveals that data-driven organizations are 23 times more likely to acquire customers, 6 times as likely to retain customers, and 19 times more likely to be profitable. […]
CEOs Must Evolve as the Company Grows
This article is part of a series on right-sizing your company. In this series of articles we are discussing the reasons why less than 3% of companies successfully grow to the next tier. In this final article in the series, we will focus on how the role of the CEO needs to evolve as their […]
Can Communication Facilitate Growth?
This article is part of a series on right-sizing your company. In this series of articles we are discussing the reasons why less than 3% of companies successfully grow to the next tier. Today’s topic focuses on how communication methods need to evolve as companies expand. Communication is the lifeblood of any organization, large or […]
The Growth Paradox: Outdated Systems
This article is part of a series on right-sizing your company. In previous articles we discussed the reasons why less than 3% of companies successfully grow to the next tier. Today we’ll continue that discussion by focusing on how sustaining growth requires proactively elevating your processes and systems. The Growth Paradox: Growth, while a sign […]
Redefine Roles as Your Company Grows
This article is part of a series on right-sizing your company. In a previous article we discussed the reasons why less than 3% of companies successfully grow to the next tier. Today we’ll discuss one of the actions you can take to allow your company to avoid the growth pains that most companies experience. Specifically, […]
Trust: How Important Is It?
In the Introduction to Patrick Lencioni’s book “The Five Dysfunctions of a Team” there is a really good quote that goes “If you could get all the people in an organization rowing in the same direction, you could dominate any industry, in any market, against any competition, at any time.” I don’t know about you, […]
Everyday Should Be Thanksgiving Day!
I am sitting here in my study a couple of days before Thanksgiving. Amongst all the hustle and bustle of getting ready for the big day, I find myself pondering on the importance of the day – Thanksgiving Day – and how it developed into what it has become today. So, I did what anyone […]
The Building Blocks for a Thriving Business
Running a business can be tough. At the same time, it can be very rewarding too. The key to achieving success in business is often a product of careful planning, adaptability, and a dash of innovation. There is never a lack of things to do in the time that you have so learning to focus […]
Has Your Company Outgrown Its Methods?
The first article in a series on right-sizing your company. One of our statements at Anavo that continues to gain attention is: But how will you know if your company has outgrown its old ways of operating? Your employees will feel the pain first. Day-to-day operations will begin to feel more like chaos than synergy. […]