Brick walls and mental blocks – when to pass the baton to a stronger manager for the next growth phase.
The personality and strengths that make a great entrepreneur are not always the same as what makes a great manager. For this reason, many company founders get to a certain point in the life of the firm where they feel they can no longer lead the firm to its next stage of growth. Here are.. read more →
Lessons from Jan-Mar 2011 for a more profitable 2011 (part 2)
Q1 2011 was a quarter full of lessons – so many that I’ve added an additional article with more ideas that your company can use to drive growth and boost profits in 2011. Suppliers can either enhance or undermine your success. Be sure to manage and reward them appropriately. Create an ongoing inventory of your.. read more →
Lessons from Q1 2011 for a more profitable year ahead (part 1)
Usually it is every New Year that is a time of reflection and renewal. I think it should be Quarterly, particularly in these turbulent times. I have written down a list of some of the key lessons that I’ve gained during the Jan-Mar quarter of 2011 that I hope might be of benefit to our.. read more →
Crucial conversations before selling your company
Selling a company can be a complex and high-stakes financial proposition, but perhaps the even more daunting component is the emotional side of the equation. Selling a company presents a mix of emotions for all involved – for the founders/owners, there is the feeling of exhilaration and expectation, tempered with feelings of nostalgia (fond memories.. read more →
Why go through an IPO? It’s like “printing money.”
Going through an Initial Public Offering (IPO) can be a challenging prospect for any company – the company goes from being privately held to publicly owned; instead of a tight-knit team of founders/owners, the management team must answer to hundreds or thousands of shareholders. An IPO often will fundamentally change the structure, culture and operational.. read more →
Why it costs so much to sell your company
Selling a company can be a highly profitable, highly emotional and highly nerve-wracking journey for any entrepreneur to go through. It’s the final stage of growth for an entrepreneur – taking something that you’ve built and grown, and transitioning to a new ownership team while exiting with a (hopefully) healthy profit. Since selling a company.. read more →
How strategy consultants can help bankers grow their businesses
One of the roles that Morgan Cradock serves is not just a corporate advisor to our growing client base on transactions, but also in helping bankers increase their loanbook to lower risk customers. By helping our clients navigate the complexities of raising capital to finance dramatic growth, organically or by acquisition, we also help bankers.. read more →
Does Australia need a new economic growth strategy?
Most recent news coverage of the Australian economy has been generally optimistic – in general, Australia has weathered the global recession and the Australian housing market is still strong. But one note of caution is that Australia is so reliant upon natural resources for much of its recent economic growth. Whilst Australia is currently benefiting.. read more →
Americans are coming: What can we learn about strategy from the influx of American investment in Australia?
Many well-known American brands – including Costco (retail), Gap (clothing), Carl’s Jr. (fast food), and TCBY (frozen yoghurt) are establishing a first-time presence in Australia. There are various strategic considerations driving each of these companies’ expansions into Australia, but there are some common principles here that illustrate some good points and lessons about strategy. What.. read more →
5 SMEs to avoid acquiring
70% of all mergers fail to realise the intended benefits. All too often, the best deals are the ones you don’t do. What are some of the typical SMEs that firms should avoid acquiring? And how can you tell the difference? Here are five types of SMEs to avoid acquiring. If you steer clear of.. read more →