Hiring a business coach? When times are lean, and people are predicting an economic downturn? Yes. Discover several reasons why investing in business coaching during lean times or an economic slowdown can pay off in the long run. The key is to build resilience because it’s the resilient companies that rebound faster. Ready to take the plunge? Keep an open mind as you wonder about your company’s long-term success.

After 26 years in business, I continue to be humbled by how much I still need to learn. For example, an area where I felt I could give myself a strong “A” grade as a leader would have been how I have always cared for my colleagues. When my partners and I decided to sell our company to an ESOP trust, it was largely to benefit our people and protect our unique culture. We had several chances to sell the business to competitors or private equity firms, but we were convinced that these were not the best choices if we wanted to maintain our strong culture and reward those who helped us build the business.

Why Use Leading Indicators to Plan Ahead? Using accurate forecasts to inform your business strategy is a fantastic way to eliminate unnecessary risks to your company and make the most of future opportunities. But, as a business leader, you have options as to who you work with and where you get your forecasts from.

I’ve wondered for a long time about whether leaders are born—or can they be made? I’ve seen a lot of so-called leaders come and go over the course of my decades of covering business as a journalist. One of my takeaways has always been that anyone using a position of authority or a big fancy title to tell people to do something doesn’t count as leading. That’s just top-down management. And, if I’ve learned anything from Jack Stack at SRC, it’s that people don’t want to be managed; they want to be led and inspired.

Every business goes through its highs and lows. But what if I told you that your highs could be even higher and that you could avoid some of your lows altogether? Whether you are just starting your company or have been leading your team for decades, your business can benefit from having accurate economic foresight in its planning. With the right data and tools at your disposal, you can take your business to much greater heights than you thought possible!

SRC Celebrates 40 Years In Business—And The Best Is Yet To Come The employee-owners of SRC have a lot to celebrate this year. Not only does 2023 mark the company’s 40thanniversary, but the ten businesses that comprise SRC Holdings continue to set records with their performance despite the challenges of high inflation, soaring interest rates, and continued supply chain challenges.

There has been a decline in public trust in institutions and businesses in recent years. This goes beyond the company-customer relationship and is impacting employees and the way they relate to the people they work for.

Everyone knows trust is a fundamental part of any relationship. But what does trust mean in the workplace, and more importantly, why should leaders care, and how can they build it?

If you’re wondering whether or not you should hire a business coach, it depends on what stage you’re in when it comes to implementing The Great Game of Business methodology and what you’re looking to achieve.

If you own a business or run one, you know there are plenty of challenges waiting at your desk for you every morning. But of all the problems that might visit you, one of the most serious is poor employee retention. Look out at your office now or the shop floor and imagine what it would look like if half of those people were gone.