Doug was more than instrumental in helping me through the sale of my business to a private equity group, he led the way through this unfamiliar territory. Doug helped me evaluate multiple offers and worked closely with my attorney and CPA to help me get what I wanted out of the transaction. Throughout the experience I moved with confidence lent to me by his experience and professionalism. This and his integrity meant much to me and to the buyer as well. I highly recommend you talk to Doug if you are considering selling a business.
Andy Grove, founder of Intel, was talking to one of the authors of The 4 Disciplines of Execution (“4DX”). He said, “I know what I need to do, I just don’t know how to do it.” Many business owners have strategic plans – they know what to do. They just don’t know how to get them accomplished. Over the past few articles, I’ve described the first three disciplines of 4DX, Focus on one Wildly Important Goal (“WIG”), Act on Lead Measures, and Keep a Compelling Scoreboard.
The last discipline is probably the most important and is what ties the first three disciplines together – Create a Cadence of Accountability. Most people think of accountability as the manager holding their subordinates accountable for reaching some goal. In 4DX, “accountability on the team is shared. We make commitments and then we’re accountable to our boss, but more important, to each other, for following through.” The idea is that individuals and team members will hold oneRead More »