• Why leaders need to rethink their business models
• “You’ve got to ask your stakeholders what’s important to them”
Before the coronavirus took the world by surprise, most companies and even nonprofits blissfully carried on, blinded by record profits, donations and industry kudos.
But in too many cases, the money and praise masked business models that were mediocre, at best.
Now, the overnight recession is closing or downsizing organizations faster than any even since the early 1930s, throwing tens of millions out of work and eroding or eliminating investments.
Before it’s too late, what should a business do?
Business consultant Mark DeLuzio, who witnessed the profound changes in the U.S. auto industry at the hands of Toyota in the 1970s, has some ideas.
“You’ve got to ask your stakeholders what’s important to them. Shareholders; pretty easy. They want earnings. But they also want you to be good corporate citizens,” says Mr. DeLuzio.
He says there are more than just shareholders who should be considered. There are two others that make up his trilogy of top-tier groups: customers and employees.
He joins us in, what for CVBT is a first, a video and audio podcast.
He joins us in, what for CVBT is a first, a video and audio podcast.
Watch our interview here:
Listen to our interview here:
• Expert says better outcomes happen when workers take control of their careers
• “Intrinsic motivation replaces any external consequences”
(Total …
• Lockdown stifles his business, so this entrepreneur reinvents himself
• “A memorable personal brand can truly amplify your business”
(Total …
• Doctor Roo hops to the rescue in unusual book series
• “I’ve had her in my mind for many years”
(Total Recorded Time is 25:12)
To the ranks of “doctors” like Derek Shepherd and Meredith …
• Doctor Roo hops to the rescue in unusual book series
• “I’ve had her in my mind for many years”
(Total Recorded Time is 25:12)
To the ranks of “doctors” like Derek Shepherd and Meredith …
• Research identifies leadership and culture as catalysts
• “Leadership must take the lead in aligning mindsets, structures, skills, and culture”
…
• Final success should include your ownership strategy
• “Most business owners don't understand the need to have an ownership strategy”
(Total …
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