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Asset Searching for Recovery Actions - The Decision Maker’s Critical Tool Part 2
In Part One of this article we took a look at some minimum recommendations for asset searches as a recovery medium. This discussion is based on the assumption that an asset search has already been determined to be sanctionable by, for example, a...
Four Reasons Why Small Businesses Succeed (or Fail)
The American system of business management has been admired and emulated around the world. This system is characteristic of two traits in the American psyche: (1) enthusiasm for the future and making things better, and (2) an openness and...
Getting Started with Business Incubators
You have a head spinning with business ideas but you encounter difficulties in financing? Or you have recently started your great potential business but are not yet turning profit? A fundamental aspect for your business, financing is usually the...
Secrets to Business Success on the Internet
Secret Number One: The Key Is A Niche Market
Identifying a viable niche is an important asset as you're creating a new Internet business. The target should be a certain facet of the population that has very specific needs you are able to...
User guide to payday loan terminologies
Are you approaching towards a payday loan cash advance? Is this your first loan borrowing? Are you acquainted with all the terminologies or facts that you will be facing when you approach for the loan? Need not to worry. We have assembled a brief...
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Don’t Shrink – RETHINK!
Now is the time to pull together and think creatively about our businesses. When times are easy, unfortunately, we often lose the edge to monitor performance, to question out-dated procedures and unnecessary expenses. Maintenance items slip when we’re busy “filling orders”. This might be anything from physical maintenance to reconnecting with clients, to exploring new opportunities for growth, to taking classes for improvement and enrichment.
Consider brainstorming some of these questions:
What would happen if we had a product that was 180 degrees different from today? (Example: A hospital with low census went from finding ways to get sick people in the door to finding ways to get well people in the door! They re-created their unused physical space into a wellness center and found lots of takers!)
What if we blew up the business and started all over? What would we get rid of because it is extraneous, irrelevant or an unnecessary expense? (Example: How many people really READ that report? Does it have to be so immense? What’s the bottom line here? )
Have we put people in positions where they play to their strengths? Talk, talk, talk and figure out where is the match.
(Example: One employee is great with web research, web design, and staying up on the competition. She’s lousy on the phone. Right now,
she’s willing to cut back and work half-time from her house with a company-supplied computer and cable modem.)
If your job opened up today, would you get it? Are you consistently producing great results, solving problems and finding more efficient ways of doing things?
(Example: Take on a project no one wants and make it work. Can you persuade people to get onboard and achieve a goal? Now, that’s leadership—a quality that is in GREAT demand and therefore, recession-proof.)
Eileen McDargh, CSP, CPAE, is an international speaker, author and seminar leader. Her book ‘Work for A Living and Still Be Free to Live’ is also the title of one of her most popular and upbeat programs on Work/Life Balance. For more information on Eileen and her presentations, please call 949-496-8640 or visit her web site at http://www.eileenmcdargh.com.
© 2000 by Eileen McDargh. All rights reserved. Reprints must include byline, contact information and copyright.
About the Author
Eileen McDargh, CSP, CPAE, is an international speaker, author and seminar leader. Her book ‘Work for A Living and Still Be Free to Live’ is also the title of one of her most popular and upbeat programs on Work/Life Balance. For more information on Eileen and her presentations, please call 949-496-8640 or visit her web site at http://www.eileenmcdargh.com.
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