The brothers break down the change process in a very manageable way: find the bright spots to pattern the effort after, script exact and achievable steps toward the goal, and motivate people as progress is made toward goals. It’s an effective approach to a difficult topic.
The Role of Financial Executives in Exit Planning for Business Owners
Commercial lenders must know the Owner/Manager’s exit plan.
Through our consulting business over the last ten years or so, we have seen the movement from the industrial age to the knowledge age accelerate. The inability of current accounting standards to keep up with this shift means that a recent look at the S&P 500 market value revealed that market value exceeded the book value of its component companies by 70%. Additionally, Ernst & Young data from 2007 showed 50% of the value of all mergers was assigned to goodwill and another 20% to other intangible assets. Intangibles are clearly an important factor in how businesses grow today.
Private Capital Markets: Valuation, Capitalization, and Transfer of Private Business Interests (Wiley Finance) by Rob Slee
“Private Capital Markets”, was published in 2004. It is the first book to really document this important sector of American business.
Stahlman starts by saying the global economy is about to begin a new phase of robust, dependable growth.
This is an interesting book for businesses where multiple steps are involved in the delivery of a product or service and where neglecting any of the steps can cause complications, damage and higher costs.
Reading List: “Viral Loop: From Facebook to Twitter, How Today’s Smartest Businesses Grow Themselves” by Adam L. Penenberg
In today’s networked economy, you should learn to fill out your business knowledge with an understanding of the basic mechanics of viral loops.
“Inbound Marketing: Get Found Using Google, Social Media and Blogs” by Brian Halligan and Dharmesh Shah
The point is that the conversations you have on the internet are important to driving traffic to your firm’s website. This book shows you how to use the web effectively to do just that.
Reading List: Don’t Sweat the Small Stuff at Work – Simple Ways to Minimize Stress and Conflict while Bringing Out the Best in Yourself and Others by Richard Carlson
This economic downturn has added considerable pressure to office life.