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Author: steininger

Right approach crucial to maximize international sales

ExporTech program can help EVERY BUSINESS LEADER knows the number one task is to continue to grow revenues on a profitable basis. Larry Page, the cofounder of Google, famously said: “We understand the need to balance our short- and longer-term needs because our revenue is the engine that funds all of our innovation.“ But what…

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Pandemic spurs innovation

Technological changes have been accelerated THE COVID-19 PANDEMIC  has been miserable by any stretch of the imagination. But there have been some silver linings. The pandemic accelerated technological changes at a rate never seen before, and there’s no putting that genie back in the bottle. For example, McKinsey & Company opined, “We have vaulted five…

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The ESOP option

Can be beneficial for owners, employees and the business UNLESS YOU HAVE the genetic makeup of Steve Jobs or Elon Musk as a business leader, you need to rely on your employees to generate many creative and innovative ways to grow revenue and improve operations. There is sound management theory to support this concept. Douglas…

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Due diligence before the deal

Do your homework before buying a business EVERY DAY ACROSS AMERICA, businesses are bought and sold. Some sellers are looking at retirement for a cash-out for their hard work. Some are running a distressed business and need out. People who buy those businesses range from successful entrepreneurs who want to add to their arsenal of…

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Be an anthropologist

Study the behavior of your customers ARCHAEOLOGISTS CONTINUE to discover more ruins in Pompeii, Italy, buried by a volcano centuries ago. The more they uncover, the more anthropologists can give us a real feel for what life was like in that city more than 2,000 years ago. The American Franz Boas is considered the father of…

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Leading from behind

Innovation through servant leadership ANY LEADER in America would risk the loyalty of their followers, whether they were president of the United States or CEO of a company, if he/ she did not appear to be strong, knowledgeable and in control of the organization they lead. This concept of leadership is hardwired into most Americans….

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It isn’t over until …

Florentine Opera Company innovates to survive pandemic COVID-19 wreaked havoc on our economy and ended the life of many businesses forever. Now more than ever it has required business leaders to innovate. Imagine you’re the new CEO of an organization having taken the reins in a turnaround situation when the previous leader abruptly departed. You’re…

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Innovation and the art of the meeting

Conduct an audit to ensure effectiveness AT ONE TIME, Kodak was the dominant provider of picture-taking technology in the United States and the world. Everybody knew what it was to have a “Kodak moment.” Those days are long gone. What happened? In the late 1980s, the CEO had dedicated an entire day-long meeting to take…

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The talent to innovate

How companies can find the smart, creative employees they need MANY AMERICANS KNOW from watching the 1995 movie about Apollo 13, featuring Tom Hanks, the story of how that space mission averted disaster for the astronauts. But what most Americans don’t know is that the real reason they made it back to Earth safely was…

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Culture leads to innovation

Sendik’s game plan to compete with larger grocers WHAT DO YOU DO if you’re in a highly competitive industry and you are taking on giants who have the advantage of pricing because of their size? Sendik’s Food Market, since its inception in 1926, has competed with giants in the local grocery industry including: Kohl’s, Roundy’s,…

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  • Right approach crucial to maximize international sales
  • Pandemic spurs innovation
  • The ESOP option
  • Due diligence before the deal
  • Be an anthropologist
  • Leading from behind

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