Selling your business: How to benefit from private equity’s middle-market shopping spree
More and more, PE firms awash in capital and with access to relatively easy credit are searching for growth opportunities among middle market companies. In fact, it is the middle market that is driving PE today. With close to $1 trillion in “dry powder,” these firms are competing for the best deals and are willing to offer attractive terms to sellers.
Three tips on using culture to transform your business
Culture enables successful change when the proposed change integrates the current culture. Management can use existing energy and team commitment to transform the work.
Teeter-totter management … Always knowing the inflection point
When the good times seem to be on the horizon, knowing the inflection point of a business’s cost structure will enable a company to rapidly ramp up proactive spending to have more product, or staff for a service business, on hand to maximize the opportunity. This can enable a company to gain market share many times before the competition even has a clue that times are a changing.
JobsOhio Corp. helps companies choose Ohio for automotive, advanced manufacturing projects
JobsOhio is a private nonprofit corporation that drives job creation and economic investment in Ohio through business attraction and expansion efforts, including the automotive and advanced manufacturing industries.
Ohio is a manufacturing powerhouse, and it’s not just massive in terms of output.
How to integrate intuition skills into day-to-day leadership
I’ve been observing an interesting leadership trend that deserves some deeper reflection. In our western culture, leaders are generally driven by data and metrics in daily decision-making. The other side of the leadership equation, though, is a leader’s abstract intuitive skills. Albert Einstein discovered this balance early on, saying, “The intuitive mind is a sacred […]
Village Project helps feed cancer patients and their families
When a Village Project volunteer brings a meal to a cancer patient and his or her family, the kindness doesn’t stop there.
Barb Harrell, executive director of the organization, puts it this way: “The first response when someone is ill is, ‘Can I bring you a meal?’ which is great, but it’s a starting point, not the end.”
Look, up in the sky — It’s the Siegel and Shuster Society and a lesson in intellectual property
This month’s Uniquely Cleveland describes the work of the Siegel and Shuster Society, which was formed some years ago to perpetuate the Superman story and its origins in Cleveland.
Saint-Gobain Performance Plastics adapts to change as parent firm marks 350 years
In reality, innovation is everyday people doing the job, thinking about things differently and bringing new light and connections to old problems to find solutions.
Learn to look past outward appearances
Learn to look past outward appearances. You can’t judge a book by its cover.
Three tips on using culture to transform your business
cross-functional teams focused on implementing needed strategies. This special project team, led and comprised of staff members with varying expertise, is an efficient method to implement the ancillary tasks needed to transform your business.
On the other hand, culture can hinder transformation when change is not aligned with the normal strategic flow of business.
If your culture is based heavily on hierarchy, peer-led initiatives may not be the best approach for successful transformation. Instead, develop change strategies to mimic the pulse of the organization such as allowing management to lead projects and include members of their team in the execution stages.