Tag Archive for 'Change Management'

Business Turnaround Basics – Understanding the Real Cost of Labor

In today’s business environment, labor is much lower as a total percent of sales than it was several decades ago. I can remember in the …

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Posted in Blog Post, Restructuring Businesses and Struggling Businesses

Drinking the Kool-Aid – Getting on Board with Change

With every OMC project, we find two camps in the management team: the folks that are supportive of changes and those that are not. Once …

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Posted in Blog Post, Growing Businesses, Restructuring Businesses and Struggling Businesses

Personnel: if they’re not assets, they’re liabilities.

All troubled businesses’ issues lead back to one source: people. Behind faulty business plans or ineffective processes are the personnel that were involved somehow. When …

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Posted in Blog Post, Restructuring Businesses and Struggling Businesses

Vision is meaningless without execution. Execution is impossible without a vision.

Every business, regardless of size or industry, needs a vision for the future. Without a clear idea of a positive, visionary direction for the company, …

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Posted in Blog Post, Growing Businesses, Mergers and Acquisitions, Restructuring Businesses, Selling Businesses and Struggling Businesses