While intellect has its place in business, being smart is no replacement for creativity, agility, innovation or insight. In strategy formation, high intellect can be a hindrance; in a team of only “the smartest of the smart,” it can be a disaster.
Strategy doesn’t have to be complex but it can be hard to design and execute. This template guides you through the required elements for a powerful strategy. For each of the ten elements, characterize where you are with your current strategy – none part of it exists, you have developed an approach, you have started…
When growing or preparing to sell, each owner should begin to tabulate those activities, documents and plans they need for a successful exit. Use this checklist to get started, then find the expertise needed to assure you are ready. Preliminary-Business-Owner-Checklist-for-Personal-Goals
Walk down Nashville’s Lower Broadway any night of the week, and you can hear aspiring artists belting out cover tunes from Elton John to Garth Brooks. In many cases, these musicians come to Nashville to be discovered but pay their rent using the tips they get by playing other people’s songs. Most are lucky to…
Michael Niggel founded Advanced Concepts & Technologies International 21 years ago, and as CEO, has evolved from leading an acquisition management firm to a team of problem solvers for the U.S. and allied governments — with an emphasis on team.
The number of high-net-worth and ultra-high-net-worth individuals (UHNWI) is growing. A considerable percentage of these populations is made up of entrepreneurial families who’ve created wealth by developing their businesses. For the majority, there is a distinct contrast between how they manage their business versus how they manage their wealth. What’s perplexing is that the very entrepreneurs…
Small businesses often operate as if their sole purpose is to fund the owner’s lifestyle, but the most valuable companies are run with financial rigor. You may be years from wanting to sell, but starting to formalize your operations now will help you predict the future of your business. Then, when it does come time…
It can be tempting to offer shares in your company to finance its growth. These days, there are plenty of investors chasing promising new companies and, in today’s tight labour market, employees are getting more brazen in their demands for equity-based compensation. However, using equity as a form of currency dilutes your position and may…
Walk down Nashville’s Lower Broadway any night of the week, and you can hear aspiring artists belting out cover tunes from Elton John to Garth Brooks. In many cases, these musicians come to Nashville to be discovered but pay their rent using the tips they get by playing other people’s songs. Most are lucky to…
AEG Co-Founder and CEO Mark Haas was the recipient of the Lifetime Achievement Award from the Institute of Management Consultants USA in October 2019. This designation represents leadership in the profession, excellence in consulting, and service to the community and Institute. It has only been awarded to nine individuals in the past fifty years. Mark…
