Exceptional Leaders have clarity: How to SORT your thoughts
Most leaders believe they make good decisions. They believe they already have clarity about their situation. Protecting the status quo is the norm. Then something significant happens: their financials show losses, revenues stall, clients leave, good employees take better jobs elsewhere. All executives and board of directors share a desire to resolve the situation when they are in the middle of a complicated or difficult situation. But...
Santa’s digitalized warehouse
Automation key for ensuring presents are produced on time With Christmas around the corner, it is time to focus on the world’s oldest warehouse — the one where Santa tirelessly packs millions of gifts. Things at Santa’s workshop have changed, the days of elves manufacturing toys using outdated devices are gone. Instead, Santa must invest in smart technologies to optimize production and distribution. Here Claudia Jarrett, US country...
Section 1202 Stock: How most taxpayers can exclude up to $10 Million on the Sale of their Business!
The title of this article is NOT a typo, that’s right…up to $10 Million United States Dollars can be excluded from the sale of a business if certain parameters are met. Business owners should take note of the very important requirements that allow the exclusion of up to $10 million in federal tax. Section 1202 is an EXTREMELY beneficial portion of the Internal Revenue Code and so long as the correct rules are followed, the...
Platinum Tooling president celebrates Four Generations and 100 Years in metal cutting
In a world where machine shops are struggling to stay open and maintain their business and in a day when “going into dad’s business” is not what it once was, Platinum Tooling is an exception to the rule. Located in Prospect Heights, Illinois, the company is set to reach an important milestone. In 2022, company president Preben Hansen and his family will celebrate 100 years working in metal cutting and four generations of Hansen men in...
Getting your team to think and act more strategically
Organizational leaders often talk about strategy, but when it comes down to it, strategic thinking is rarely done. Leaders are often pulled back into tactical thinking due to a variety of factors, from putting out fires to having undue pressure to execute. These pulls create a culture of reaction. There’s no time to actually develop a strategy. It’s too long, complicated, and the outcome is unclear. Why spend time on...
Will the Real Decision-Maker please stand up
The prospect tells you, “I only need one more approval and the order is yours.” For joy, for joy the order is mine! Eh, eh, eh don’t celebrate too soon. The one last person needed to approve is the real decision-maker. The boss. The guy you were supposed to be talking to in the first place. The one person who can say “no,” and there’s no possibility of reversing it. Rut-ro. Throw some water on yourself, pal. This sale hangs by a...
Transitory my _ _ _!
Well, let’s start by saying that cryptocurrencies are here to stay and somewhere, somehow your company will be called upon to complete a transaction using crypto. Never thought it would happen this fast but with the continued inflation talk one way to protect your buying power is to use a product that holds its value no matter how much the value of the dollar decreases. What led me to this conclusion? Basically, the investment...
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