Login

Wealth Building Strategies

The Magic Of Metrics

Share on Facebook Tweet on Twitter

Posted by Eamonn Percy - The Percy Group

on Tuesday, 12 July 2016 10:30

Screen Shot 2016-07-12 at 10.15.04 AMWe have heard it so many times, "What gets measured, gets managed!".  Yet, many business leaders today often overlook this simple rule and neglect to implement an effective metrics system that drives performance, monitors results and creates enduring shareholder value. 

Why is this?  I believe many managers either think it is too complicated, not effective, and/or time-consuming with little impact on the bottom line.  Nothing can be further from the truth.  An effective metrics system is easy to implement and maintain, has an incredible impact on the health of the business and is one of the most critical levers that can be applied to accelerate the growth of your business.  Properly designed and implemented, a metrics system can be the one, truly objective voice that speaks to you on the current health and future viability of the business.

If you are interested in setting up a simple system to truly measure effectiveness, do the following:



Read more...

Banner

Wealth Building Strategies

How to Execute Well: Plan-Do-Check-Act

Share on Facebook Tweet on Twitter

Posted by Eamonn Percy - The Percy Group

on Tuesday, 28 June 2016 10:18

o-SECRETS-OF-SUCCESS-facebook‘Discipline yourself and others won’t need to.’

- Coach John Wooden

Everybody needs a plan! Coaches have a game plan.  Pilots have a flight plan, investors have an investment plan, architects create a building plan, and the list goes on. Nothing of great substance happens without a plan. Of course, plans are not worth the paper they are written on if they don’t elicit action.

Losers plan, plan, and plan some more. Winners Plan for success, Do something, Check the results, Act again to make the plan better, and then repeat the whole cycle.



Read more...

Banner

Wealth Building Strategies

Anatomy of a Successful Short Sale

Share on Facebook Tweet on Twitter

Posted by Connecting the Dots - Mauldin Economics

on Thursday, 23 June 2016 07:51

Recently the Stock Market moves down are fast and deep. This shows a way to make money from falling stock prices, and the process of identifying stock market dogs to protect yourself from a rising market  - Ed.

bearmarket1 600x400

 

 

I get a lot of questions about short selling, probably because most investors have never done it.

Short selling is the sale of a stock that is not owned by the seller in anticipation that the stock’s price will decline, enabling it to be bought back at a lower price to make a profit. If you can identify stocks before they fall, you can make a bundle of money via short selling.

To help you understand the mechanics and opportunity of short selling, I want to walk you through my most recent successful short sale to help you decide if short selling is right for you.



Read more...

Banner

Wealth Building Strategies

Who Am I Competing Against For Dollars

Share on Facebook Tweet on Twitter

Posted by Eamonn Percy - The Percy Group

on Thursday, 09 June 2016 04:32

raining-money-fbUnderstanding the New Competitive Landscape in a World of Significant Change.

"Competition is on for discretionary dollars, as growth of real after-tax income of middle class Canadian families has stalled"

Mobile internet, combined with cloud technology, has enabled US mobile e-commerce (m-commerce) revenue to grow from $13.6B in 2011 to $155B in 2015, and is on track to grow at an annual rate of 28%.  Amazon and Walmart now both offer free shipping and same day delivery in some cities.  For businesses, Amazon Supply is quietly targeting the fragmented trillion-dollar US commercial and industrial B2B wholesale and distribution market.



Read more...

Banner

Wealth Building Strategies

How to Grow a Loyal Workforce as You Grow Your Business

Share on Facebook Tweet on Twitter

Posted by Eamonn Percy - The Percy Group

on Tuesday, 31 May 2016 10:22

Screen Shot 2016-05-31 at 10.11.26 AMDuring a phase of rapid growth, don’t focus on keeping a tightly knit workforce, rather focus on keeping a tightly knit mission to dominate the sector, and then align the workforce to that mission. 

To achieve this, do the following three things:

1/ Focus on a core competency

The mission to dominate a sector will ensure the company stays focused on market needs, pushing it to innovate new offers, develop new business models, and clearly define the core competency necessary to deliver ongoing value.  A tightly knit workforce can then be built and focused upon this core competency (e.g. technology, design functions, engineering expertise). 

2/ Make change the new normal

High growth companies are in a state of constant change.  This state needs to be defined and communicated by the business leader as normal, healthy, and lower risk than the status quo.  All sacred cows should be offered up for slaughter as necessary, so the cultural expectation becomes the willingness to change internally in order to dominate the space externally.



Read more...

Banner

<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >> Page 10 of 24

Free Subscription Service - sign up today!

Exclusive content sent directly to your Inbox

  • What Mike's Reading

    His top research pick

  • Numbers You Should Know

    Weekly astonishing statistics

  • Quote of the Week

    Wisdom from the World

  • Top 5 Articles

    Most Popular postings

Learn more...



Michael Campbell Robert Zurrer
Tyler Bollhorn Eric Coffin Jack Crooks Patrick Ceresna
Ozzie Jurock Mark Leibovit Greg Weldon Ryan Irvine