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We Are All Startups Again, Starting Over

By George Fandos We Are All Startups Again, Starting Over Samuel Rutherford, a Scottish pastor in the 17th century, said when he was cast into the cellars of affliction, he remembered that the great King always kept his wine there. It does feel like many of us have been cast into cellars during the Pandemic. Thinking in terms of Pre-Coronavirus and Post-Coronavirus has become routine. How were things done, decisions made, [...]

By |2020-10-13T15:36:39-04:00October 13th, 2020|Culture, Customer Experience, General, George Fandos|Comments Off on We Are All Startups Again, Starting Over

Why Culture Matters in Mergers and Acquisitions

By Bruce Brownlee Why Culture Matters in Mergers and Acquisitions Companies may seem completely compatible at the beginning of the merger or acquisition process.  The legal and financial process moves forward and the merger and acquisition.  However, cultural incompatibility can convert what was an excellent opportunity for growth into a mediocre or dismal result. Regardless of which symptoms of culture-clash reveal themselves, the result is that cultural failure destroys the value [...]

By |2020-09-25T15:23:49-04:00September 25th, 2020|Bruce Brownlee, Culture, General, Merger & Acquisition|Comments Off on Why Culture Matters in Mergers and Acquisitions

Project Management: Building a Project Management Competency

By Dan Divinski with contributions from Will Cooper and Maelyn Wisch Project Management: Building a Project Management Competency Make a difference by building a center of excellence with project management as a competency. As indicated in our last article, "Project Management: Utilizing a Reactive Methodology" a project can be recovered before it is canceled and labeled as a total loss with the proper approach. But how do we increase the probability [...]

By |2020-09-18T17:04:10-04:00September 15th, 2020|Dan Divinski, General, Project Management|Comments Off on Project Management: Building a Project Management Competency

Project Management: Utilizing a Reactive Methodology

By Dan Divinski with contributions from Will Cooper and Maelyn Wisch Project Management: Utilizing a Reactive Methodology When projects begin to fail with a trend of missing the end date, how do you respond? As indicated in last week’s article “Project Management: Utilizing a Proactive Methodology,” the most efficient way to prevent project failure is by starting right from day one.  Implementing a proactive project management (Pro-PM) methodology will build effective [...]

By |2020-09-18T16:58:08-04:00September 10th, 2020|Dan Divinski, General, Project Management|Comments Off on Project Management: Utilizing a Reactive Methodology

Project Management: Utilizing a Proactive Methodology

By Dan Divinski with contributions from Will Cooper and Maelyn Wisch Project Management: Utilizing a Proactive Methodology As pointed out in our first article, “Project Management: Why Projects Fail,” 70% of projects crumble and are not successful due to a lack of stakeholder buy-in. Project managers build stakeholder buy-in through developing a strategic vision, encouraging effective communication, employing a proactive project management (Pro-PM) methodology, and building effective teams. Pro-PM methodology is [...]

By |2020-08-29T17:47:07-04:00August 29th, 2020|Dan Divinski, General, Project Management|Comments Off on Project Management: Utilizing a Proactive Methodology

Project Management: Why Projects Fail

By Dan Divinski 70% of projects fail, but we can do better There Must Be Stakeholder Buy-In From my experience, the main reason projects fail is the lack of stakeholder buy-in. Lack of buy-in happens when there was no assessment conducted to define the problem, and as a result, no actual business case was created. If there is no assessment or business case, there are no defined business benefits to include [...]

By |2020-08-20T23:49:40-04:00August 19th, 2020|Dan Divinski, General, Project Management|Comments Off on Project Management: Why Projects Fail

Payment Protection Payment – Keeping Track

🔈 The entire PPP Program has been at the top of everyone’s minds. If you are like me, you’re likely asking “Will it be forgiven?” or “Can I save my people?” or “Can I save my company?” With the help of one of my Vistage colleagues, Sean Taylor, we have something that may be helpful. As a Partner in Charge for Smith & Howard, Sean shared with [...]

By |2020-06-19T03:57:06-04:00June 19th, 2020|General, PPP|Comments Off on Payment Protection Payment – Keeping Track

Become comfortable with uncertainty by building a team of trusting people that can mitigate risk

The proliferation of information technology and the unfiltered access to that technology has contributed to a confusing information environment full of misinformation and disinformation, which requires businesses to become comfortable with uncertainty. A business can achieve comfort despite uncertainty through organizing their team around trusting people and a process of deliberate risk mitigation. Who can you trust? A trusting person requires little direct guidance, takes action to solve problems on their [...]

By |2020-08-19T23:05:23-04:00May 28th, 2020|Culture, Dan Divinski, General|Comments Off on Become comfortable with uncertainty by building a team of trusting people that can mitigate risk

How Do You Plan For Both Parts of An Integration

Change is simple, but adapting to it is not easy. 𝗪𝗵𝘆? Typically the period after the deal closes is filled with confusion and uncertainty. It just takes some time to process what has happened. Acquisitions necessarily focus on financial capital. Financial capital requires: 1. proper management 2. process & procedure 3. gaining efficienciesIntegrations are more focused on intellectual capital. Intellectual capital requires:1. good leadership2. purpose & passion3. gaining confidence When an acquisition [...]

By |2020-08-13T19:02:28-04:00February 19th, 2020|General, Merger & Acquisition|Comments Off on How Do You Plan For Both Parts of An Integration

So Your Acquisition Failed?

The last few months have been a distraction from running the business. Due diligence has consumed your every waking moment. You can't even remember why you began this acquisition process.  It was supposed to build on core competencies and leverage synergies, but as the days go on, it is clear that these companies aren't compatible. KPMG interviewed 100 executives who had completed 700 deals over two years. 83% of the mergers [...]

By |2020-08-12T18:41:49-04:00February 17th, 2020|General, Merger & Acquisition|Comments Off on So Your Acquisition Failed?
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