Coaching for leaders in the tech industry
There are many occasions when you need to accept short-term pain if you want long-term gain. One of the most clear-cut of these surely relates to training. From a business leader’s perspective, focused on the short term, time spent on training is not productive. I run a business that operates in design, manufacturing and assembly….
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Some time ago I hosted an event for the Oxfordshire International Business Club where we were talking about doing business – or trying to do business – in China and Asia. It is a massive subject, with a tremendous opportunity matched by high levels of risk. Not something to consider for anyone whose resources…
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One thing that I often see in businesses of all shapes and sizes is a focus on the profit and loss account, or income statement, with not enough attention paid to the balance sheet. There may be hidden money in your balance sheet that you can use! Do you pride yourself on paying all…
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There’s been quite a bit of news this week around Peer to Peer funding and the most recent success stories. In case you missed it, a property developer has raised something over £4m for a project in Croydon – you can read more here. Peer to peer funding or crowd funding are a real change from…
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Every year all the children get excited because Christmas is coming, but all the retailers get stressed because Christmas is their busiest time of the year. In the US their busy period is from Black Friday (the day after Thanksgiving) through to Christmas. Wikipedia tells me the name comes from the appearance of the crowds…
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Many business advisors bandy around the words “strategic” and “tactical” but for me, the only real difference is the timeframe. There will be times when you have to take a decision to solve today’s problem, but it comes back to haunt you at a later date. It’s a bit like buying something you can’t really…
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Valuing a business is much more of an art form than a science, simply because value, like beauty is in the eye of the beholder. A business that has immense value to one potential buyer may have very little value, or attraction, to another. Your business manufactures and sells blue widgets. Your competition only has…
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One business I advised had succeeded in winning business in the Ukraine, and this was turning into a significant opportunity. The sales team were getting very excited! The finance team were getting worried – payments were erratic, and very slow. The Ukrainian government had imposed currency controls – you could not pay in “hryvnia” outside…
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