Talent Realized’s Post

The Exit Planning Institute's recent 2023 State of Owner Readiness Report found that 69% of business owners prioritize exit strategy. Learn how an Embedded CEPA can be your Advisory Team's secret weapon for: 🔹Keeping exit planning a top priority: They'll ensure your exit strategy, and key value growth initiatives, stay on track amidst daily operations. 🔹Streamlining the transition process: Expert guidance at every step makes the process smoother. 🔹Coordination: An embedded CEPA ensures seamless coordination between company leadership and the advisory team. Learn more about Embedded CEPAs on the Exit Planning Institute blog: https://hubs.la/Q02nG4dN0

A staggering 88% of high-ranking executives highlight that the successful execution of strategic initiatives is essential for their organizations' competitiveness in the upcoming 3 years. However, 61% confess their companies struggle to bridge the sizable gap between the creation of a strategy and its day-to-day execution. This discrepancy between planning and implementation often leads to organizations falling short of their objectives. Our tool, Ethos In Action, offers a path to formulate high-level strategies AND seamlessly intertwine them into everyday operations. This ensures your company's vision doesn't just remain an abstract concept but materializes into tangible, quantifiable results. Regardless of the size of your leadership role, whether you're steering a small team or directing a mammoth organization, this tool equips you with the necessary skills to close the gap between strategic intent and execution, thus converting strategic objectives into reality.

Clarity is the greatest thing leaders can give an organization. But the conversation rarely begins, “I need to provide additional clarity.” Instead, it sounds like: - I need to hire a next level leader, - We may hurt our brand if we expand into another market, - We have added acquisitions / services and the business is just too hard to run now, - Our (executive position) is within 3 years of moving on and there is not a succession process running yet, - Our quarterly strategy meetings are just not hitting the note. Each of these situations is a chance to create organizational clarity. In the hiring example, there is likely a reason the organization wants someone who is next level. I’ve learned to ask: - Where is the organization going? - What are the biggest concerns with getting there? - What results can this position produce that will help overcome those challenges? For the bland strategy meeting, instead of a new facilitator, I’ve asked: - How many businesses is the organization running, - Why do customers choose us, - Is the firm organized to deliver on that value proposition? (These are a small part of the great work of The RBL Group) If you’re hitting a roadblock in your organization or team, look past the first solution and lean into increased clarity.

If your business if family owned, consider the unique dynamics and challenges that may arise in succession planning. Facilitate open communication and resolve any conflicts to ensure a smooth transition of ownership and leadership.

Business succession planning is a critical process that focuses on the smooth transition of a company's leadership and ownership from one generation to the next. We've compiled a checklist for business owners, providing guidance and outlining key steps to consider when planning for the future: https://hubs.ly/Q02zv45f0

I DON'T NEED YOU ENERGY As a leader you can't be afraid of losing people. When you feel like someone can't be replaced everything in the business gets jammed up. You bow down to people's demands instead of doing what is right for the company. You get soft and lose sight of the vision. You avoid saying what you want to say. You'll hold back on enforcing consequences. All this creates havoc for the whole. You need to have IDNY energy. How do you do that? You need confidence in your recruiting, hiring, onboarding and coaching system. In your management and most of all - your leadership. ---- If you own a company making over 1 million dollars a year in revenue and want help leading your team to the next level. If you want help implementing systems that create a well oiled machine of a business then - DM me for a free 15 minute discovery call and we can see if we're a right fit.

Check out my blog post: Ten Essential Questions that will drive organizational and business growth... You can also go to my website and request a free download of the Ten Essential Questions. As an organizational leader, or a business owner, if you are not asking yourself these ten questions, you are not optimizing your organization or business! These questions will provoke you to focus on continuous improvement, it also puts a spotlight on those weak areas that will hold you back from growth and development. #organizationalgrowth #businessgrowth #businessowner #leadership #ceo #continuousimprovement #executivecoach https://lnkd.in/eBT_VpME

Succession planning is often one of the biggest challenges for family businesses. But with the right approach, you can ensure smooth transitions and preserve the value of your business for generations to come. 💼 Here’s how to make it seamless: ✅ Start Early: ⏳ Begin planning well in advance to avoid rushed decisions and give future leaders time to grow into their roles. ✅ Involve the Next Generation: 🌱 Slowly introduce successors into leadership positions so they gain the experience and confidence they need. ✅ Set Clear Criteria: 📝 Define what skills and qualities the next leader should have, ensuring they’re the right fit for the future. ✅ Seek Outside Guidance:🧑💼 Bringing in an external advisor can offer unbiased advice and help navigate tricky family dynamics. With a solid plan, you’ll ensure your family business thrives through every transition!

In today’s fast-paced world, a clear strategy is everything. From executives to new hires, everyone needs to understand the roadmap for success. Leadership sets the tone. Executives must define a clear vision and communicate it effectively. Middle management translates that vision into actionable goals, ensuring the team knows how to execute. And every new hire should be equipped to connect their day-to-day tasks with the bigger picture. Without alignment at every level, even the best strategies fall apart. Clear communication and a shared understanding ensure that every decision moves the company forward. At UAC we believe a strong roadmap isn’t just a plan—it’s the foundation for success.

𝘜𝘯𝘭𝘰𝘤𝘬 𝘠𝘰𝘶𝘳 𝘉𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘗𝘰𝘵𝘦𝘯𝘵𝘪𝘢𝘭 𝘸𝘪𝘵𝘩 𝘍𝘳𝘢𝘤𝘵𝘪𝘰𝘯𝘢𝘭 𝘓𝘦𝘢𝘥𝘦𝘳𝘴𝘩𝘪𝘱! In today's fast-paced business landscape, flexibility and adaptability are key to success. That's where fractional leadership comes in. Rather than hiring full-time executives, businesses can tap into the expertise of fractional leaders who offer specialized skills and experience on a part-time basis. Fractional leaders bring a wealth of knowledge and insights to the table, helping businesses navigate challenges, implement strategic initiatives, and drive growth. Whether you need assistance with financial management, marketing strategy, or operations optimization, fractional leaders offer tailored solutions to meet your specific needs. By leveraging fractional leadership, businesses can access top-tier talent without the overhead costs associated with full-time hires. Plus, the flexibility of fractional arrangements allows businesses to scale up or down as needed, providing a cost-effective solution that maximizes efficiency and productivity. Ready to take your business to new heights? Explore the benefits of fractional leadership and unlock your business's full potential today! #PowerCFO #FractionalLeadership #BusinessGrowth #StrategicPartnership