WITH MARTHA SULLIVAN
Should Elon be in the running for the 2023 Person of the Year, it would likely be for a stunning reversal of his over-the-top example of how to squander a company’s — and its owner’s — health, wealth, and future.
Growth is usually good, but not always. A case could be made for 2023 being the year of “right sizing.”
According to research, people crave more recognition in the workplace — the freedom to give it and the opportunity to receive it.
Gratitude and appreciation impact the value and performance of your company by creating a culture where people want to be, create their best work, and share mutual successes. In turn, there is improved performance and profitability.
Every business needs someone willing to put in a form of governance that outlines expectations, boundaries, rules, and policies. Someone must be willing and able to call timeouts and hold everyone accountable to the agreed-upon rules of engagement.
This past week, I was working with a couple, Susan and Robert, who are sorting through their business succession plans. Their story is a common one.
Have you heard the latest phenomenon in the whole labor game amidst our supply chain issues? There’s a boomerang effect going on. It’s as if, for both the workforce and supply chain dynamics, the folks counted their chickens before they were hatched.
Whenever we lose the matriarch (or patriarch) in a family, whether the “Queen” or the “queen,” a shift occurs. When the last of the generation passes, the shift can be seismic.
Did you know that August was “What Will Be Your Legacy Month?” Me neither. But wow. It’s a good thing that it’s “What Will Be Your Legacy Month” and not “Day” because, dang, that’s a big question.
I have a confession to make. Tennis has never been my game. I’m more of a badminton gal.
A one-time information systems consultant turned her most brilliant act of rebellion into a career as a CPA, CFO, COO, and profit and value growth strategist, consulting to hundreds of clients and colleagues over the past three decades.
Martha Sullivan, president of Provenance Hill Consulting LLC, founded her firm with one purpose: Help business owners build, buy, and sell strong, profitable companies that are attractive enough for someone to want to buy when the owner decides to chase their next adventure.
In addition to Provenance Hill, Martha is a consultant with The Family Business Consulting Group, a Chicago-based group of independent consultants working together to guide enterprising families and create the foundation for better business performance and stronger families.
Martha can be reached at msullivan@provenancehill.com or sullivan@thefbcg.com.
