Tag: risk management

Mitigating risk in your business

Mitigate business risks

To mitigate business risks, we know prices are going up. We have an insurance renewal coming up. On top of that, we’ve had a couple of claims, which we’re sure will hurt us. We need help and we’re looking for...

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VUCA management Teaching People to Reach Their Potential

VUCA Management in Business

Ask Andi: What does VUCA management mean? I heard someone use the term VUCA when talking about management and leadership. How can it apply to help run a successful business? Thoughts of the Day: Let's start with defining VUCA management,...

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optimistic in business Focusing Efforts On Business Growth and Profit

Be Optimistic in Business

Ask Andi: Being optimistic in business is my Achilles heel. Unfortunately, sometimes I get the company in over its head. I'm taking on too much stress. My staff thinks I'm pushing too hard. I'm having sleepless nights figuring things out....

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A Plan to Replace a Lost Contract

We just got in some bad news. A major contract has been cancelled. The first 5 minutes, all I could think about was that we'd just lost 25% of our revenue for the year - through no fault of our...

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Business Growth by acquisition

Buying businesses – do the deal

Today's question comes from a business owner in Westchester, who's looking at an acquisition deal in an uncertain market. "We're looking at several acquisition targets, and are zeroing in on one or two. Frankly, to hit next year's numbers, we're...

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