Archive for November 27, 2016

Preparing for What Is Next?

Dirk Armbrust from The Vant Group shared in our most recent newsletter that a Company needs to prepare and plan for its eventual sale. From Aldridge Kerr’s perspective, a Company needs to constantly be preparing and planning for whatever is next.

Here are some tips to help you prepare for what’s next:
• Use Aldridge Kerr’s Doable, Chewable Chunks® methodology and limit the focus of what you want to address to ten or less items
• Focus on those items that will give you the quickest, most meaningful results, again keeping it only at ten or less
• Review the tips provided in our most recent newsletter if you are wanting to position your Company for sale and identify those ten or less items you can tackle quickly
• Stay narrow on your focus to reap the best results

Need help to prepare for what’s next? Contact Charlene Aldridge at 972.447.9787 or CharleneAldridge@aldridgekerr.com to discuss how we can assist you.

And, be sure to sign up for our newsletter.

If you prefer a do-it-yourself approach, check out My COO Resources.

Removing Yourself from Your Business

A challenge facing leaders today is that they are so immersed in their business’ day-to-day operations that it is difficult to separate themselves from those tasks. This can be an obstacle when it comes time to sell the Company – or grow the business – or when someone retires or leaves.

Knowing the Company’s “one-only tasks” (those tasks performed by only one person) and setting forth a plan to mitigate this risk is a step towards creating operational effectiveness. Additionally, it positions a Company for whatever is next.

My COO Resources has a solution that helps a Company identify their “one-only tasks” and assists in resolving this leadership challenge. Get started by trying My COO Resources at www.mycooresources.com.

Or, if you would prefer Aldridge Kerr to assist you with identifying those one-only tasks, contact Charlene Aldridge at 972.447.9787 or CharleneAldridge@aldridgekerr.com to discuss how we can assist you in improving how you do what you do.

And, be sure to sign up for our newsletter

Written Procedures Position a Company for Sale

In our most recent newsletter, our guest writer, Dirk Armbrust from The Vant Group, identified several tips on what it takes to prepare to sell a Company. One of those tips was to ensure that a Company has written procedures for its operations.

Aldridge Kerr recognizes it can sound like a broken record when it comes to reiterating the importance of process documentation. But, here is yet another example as to why documentation is so important to an organization: it is needed when a Company positions itself for sale.

Creating procedures that document a Company’s processes can be overwhelming. Therefore, Aldridge Kerr encourages focusing on the top 10 Critical Processes to get started. Unsure how to move forward with documenting your processes? Contact Charlene Aldridge at 972.447.9787 or CharleneAldridge@aldridgekerr.com to discuss how we can assist you.

And, be sure to sign up for our newsletter

If you prefer a do-it-yourself approach, check out My COO Resources.