Creating business value is key, whether you are a startup or a long-established global company.
Long-term value growth and preservation demands a competitively differentiated talent driven board and C-suite. Overview Boards are ultimately responsible for the long-term success of their organizations. What is the company’s ecosystem? What is the purpose of the corporation? What is governance? What is the purpose of governance? What is value? What is the board’s decision-making … Continue reading How can the board of directors create value? (V3)
Overview Future corporate leadership (board and C-Suite) talent requirements will drive talent selection, development and succession planning. Corporate leadership must deal with stakeholders and third parties. What is the purpose of governance? What are your strategy and strategic plan? How will the future corporation be different? Describe the future roles. Outline future talent requirements. Make … Continue reading What will be the board and C-Suite talent requirements?
If you don’t have the right talent, your company cannot survive or prosper. You cannot put in place talent recruitment, development, compensation, and exit plans until you know what the talent requirements are. This document focuses on management and staff, excluding the board of directors, founders/C-Suite, and advisory board. The following is a broad framework. … Continue reading How do you determine employee talent requirements?
Overview More than half of all deals destroy value for investors. M&A has three value creation approaches, based on the buyer’s strategy and future business model. Customer-focused growth is key, supported by business model improvements. Accountability for results must be assigned. Results relative to targets must be reported on Small private companies have a unique … Continue reading How can M&A create value?
Restructuring is often focused on short-term cost reduction, with workforce shrinkage playing a major role. There is the risk that restructuring addresses short term issues but does not position the company for long term value growth and preservation. Step #1 Establish a common understanding of what success and business value will look like in the … Continue reading How can restructuring grow value?
Growing the value of the company requires growing the number of customers. Depending upon your situation, you may focus on customers who are profitable in the short term or longer term. There are four steps you can take, starting with growing customers and leading to growing shareholder value or value to the owners. Step #1 … Continue reading How do you grow your company’s value?
The critical metrics are focused on the customer. If you don’t understand your customer, you cannot succeed. The second set of metrics is your monthly cash flow forecast and tracking. Your business will shut down without cash. These two sets of metrics depend upon your financial processes and General Ledger structure as well as your … Continue reading How do you measure the success of your startup?
How do you know you have product/market fit? You have product/market fit if: Your customers are so delighted that they are recommending it to others. Your customers would be extremely disappointed if your solution disappeared. Your customers can describe the big problem they had and the big benefit they achieved from your solution. There is … Continue reading Do you have product/market fit? (V2)