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November 13, 2008 - Image 46

Resource type:
Text
Publication:
The Detroit Jewish News, 2008-11-13

Disclaimer: Computer generated plain text may have errors. Read more about this.

After 25+ years of Service within our Community

Business I executive tips

Harry Siegel, CPA

PRINCIPAL

Is Pleased to Announce his Affiliation with

A" M P
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clkAlt

tOgr-

AL VESOAS

Contact Harry Today

Stay Ahead Of The Pace:
The Time To Act Is Now

(248) 415-4420 'to- hsiegel@mrpr. cam.

Need more information on how to choose the firm that's right for you?

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I

n the constant-chang-
from experts, even if all
ing world, it is a
these outsiders do is enable
necessity to deal with
your enterprise to make
many pressing and pivotal
fundamental improvements
management issues. Top
without the destructive
management teams, boards
conflicts that plague many
and owners of companies
major change efforts.
need to quickly and effec-
The right consulting
tively resolve issues such
group will have a goal to
as:
help clients dramatically
F. Kevin Browett improve the performance
• Difficulties in making
Columnist
the transition from entre-
of their organizations,
preneurship to professional
achieve sustainable revenue
management;
and profitability targets, enjoy the
• Bureaucratization, which pressures enhanced conditions of operations
an organization that is out of touch
and improve the quality of their work
with its markets and losing entrepre-
lives.
neurial vitality;
I recommend this since it often is
• Conflicts between founders, own-
the case that leadership knows what
ers, board members, partners and
to do, but just cannot get out of the
family members;
day-to-day needs to get it done — or
• Internal conflicts and politics that
they are not able to deal with some
escalate to the extent
of the personal feelings
they inhibit success of
and issues intertwined
the business;
The fundamental in such decisions.
• Growing pains;
Sometimes, it is as
change in the
• Culture clashes
simple as saying to a
between companies
staff member, "You need
business cycle is better
undergoing mergers
skills!' Make it a
or acquisitions.
positive.
one that is actu-
The reason for the
The time to act is
critical nature of these
now; this fundamental
ally going even
issues: We experienced
change in the busi-
faster; what was ness cycle is one that
what was a normal
and traditional life-
actually going even
taking two years is faster;
cycle for business over
what was taking
the past 20 years. Over
two
years
is now tak-
is now taking six
the past five years,
ing six months. Getting
this model has been
months. Getting ahead sooner than later
turned on its manage-
is key.
ahead sooner
rial head. The reason
For advice, comments
why is simple: The
or insights, write me at
than later is key. kbrowett@renmedia.
speed and options
relating to commu-
us.
nication made for a
very aggressive need to get and stay
A further source on this topic is the
ahead of the market, the customer and book "Corporate Lifecycles: How and
your evolving business. For example,
Why Corporations Grow and Die and
if many on your staff were capable
What To Do About Irby khak Adizes,
and could stay capable over say 15-20
founder of the Adizes Institute in
years, the market would force them to
California (Prentice Hall, 1989).
retool their skills or else they would
become outdated within two to three
F. Kevin Browett is chief operating officer
years.
of Jewish Renaissance Media, parent



company of the Detroit Jewish News. He

Seek Help
You may ask, "What can or should I
do?" My recommendation: Get help

A46

November 13 • 2008 Al

is a former vice president of Kmart Corp.
and a past small-business founder and
officer.

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