by Jim Schleckser | Nov 7, 2023 | Advisory Groups, Business, Decision Making, Entrepreneur, Leadership, Management
With the rise in popularity of people pursuing MBAs in recent years, there’s been a spike in the reliance on analytics in business decisions. If you don’t have data to back up your position, you come across as unprepared, even unprofessional. You can thank...
by Jim Schleckser | Oct 31, 2023 | Business, Entrepreneur, Leadership, Strategy
I have previously discussed strategic positioning and how your organization can adopt various models or archetypes to secure a competitive edge. But there’s another way to think about your strategic position in the market from the inside out. In other words,...
by Jim Schleckser | Sep 5, 2023 | Business, Entrepreneur, Growth, Leadership, Strategy, Talent
Many business professionals are acquainted with Michael Porter and his five forces model for assessing a company’s strategic position. However, what may not be widely known is that there exists a similar model that predates Porter’s. Written by Raymond...
by Jim Schleckser | Jul 25, 2023 | Business, Entrepreneur, Growth, Leadership, Recurring Revenue, Strategy
The true worth of a business lies in its ability to generate cash. If you’ve come across an investor pitch deck or an investment memorandum designed to promote a company’s sale, you’ll likely notice a key term: EBITDA, prominently highlighted. If...
by Jim Schleckser | May 9, 2023 | Business, Decision Making, Entrepreneur, Leadership, Talent
I have a personal belief that not everyone is wired to make money. I’m not sure if people are born with it, but I call it the money-making gene. Regardless of whether it’s inherited or learned, it’s an important skill set for the people on your team...
by Jim Schleckser | Apr 25, 2023 | Business, Culture, Decision Making, Delegation, Leadership
It turns out there is another factor every leader needs to assess before delegating a decision: whether the issue is reversible or irreversible. I’ve written before about how leaders can better assess whether they can delegate a decision using the issue’s...
