Want more time and energy? Deploy values-based decision-making in your business

One of the most underrated benefits of getting crystal clarity on the purpose of your business is the time and energy savings that come from values-based decision-making (VBDM).  Each day you and your team are faced with countless decisions, and making decisions takes energy. Small decisions, big decisions—they all take some energy to make, oftentimes … Continue reading “Want more time and energy? Deploy values-based decision-making in your business”

How to set profit, impact, and enjoyment goals as part of your annual planning process

It is annual planning season (and Q1 planning season) for many business owners, which means it’s time to identify the overriding goals for your business over the next 12 months (and then to break those annual goals down into smaller chunks that can be accomplished in the next 3 months).  Since the three most important … Continue reading “How to set profit, impact, and enjoyment goals as part of your annual planning process”

How to become a purpose-driven business

Recently I partnered with my local Chamber of Commerce (one of the best little CoC’s in the world by the way!) to present a webinar about how to become a purpose-driven business. The presentation covered the what, why, and how of purpose-driven businesses, as in: WHAT is purpose? WHY is it important to clarify the … Continue reading “How to become a purpose-driven business”

Purpose, joy and Verafin’s $2.75 billion exit

Last week’s news of St. John’s, NL-based Verafin’s sale to Nasdaq for $2.75 billion has many business owners in Atlantic Canada saying Wow! – myself included. In fact, when I shared a link to an article about the sale on my Facebook page, that’s the only word I added to the post: Wow. It’s all … Continue reading “Purpose, joy and Verafin’s $2.75 billion exit”

The Foundation and the Flywheel (Or, the two things that lead to more profit, impact, and joy in your business)

I have written about how the three most important measures of small business success are profit, impact and joy. In my view, truly successful businesses are those that are: Profitable– they consistently generate the profit required to support the business’ desired growth and impact. Impactful– they make a difference in the world, by improving the … Continue reading “The Foundation and the Flywheel (Or, the two things that lead to more profit, impact, and joy in your business)”

The 3 most important measures of business success

I believe that the three most important measures of business success are profit, impact, and joy. All businesses should strive to be profitable, to make a positive impact in the world, and to create happiness (joy) for the owners and for all stakeholders of the business.  Readers interested in corporate social responsibility will notice this … Continue reading “The 3 most important measures of business success”

Boring business principles – needed now more than ever?

I had lunch last week with a couple of local business owners. An actual in-person lunch at a restaurant. It almost seemed like life was back to normal. Until the server greeted us with a mask on, a reminder that normal it is not. Still, it was nice to finally have a zoom-less conversation over … Continue reading “Boring business principles – needed now more than ever?”

Are your People all singing the same song?

You ever pick up a book and come across a passage that hits you over the head?  That happened for me recently as I was reading Patrick Gentempo’s great new book, Your Stand is Your Brand.  I have been doing lots of writing lately around purpose and core values and the damage caused by misalignments in … Continue reading “Are your People all singing the same song?”

Creating the roadmap for your business (simplified)

Once you have clarified the Purpose (vision, mission, values) of your business, the next step is figuring out the concrete actions that need to be taken to move you toward your vision by carrying out your mission in a manner consistent with your values.  Right now you are at point A. Your vision is point … Continue reading “Creating the roadmap for your business (simplified)”

Analyzing vision and mission statements from 5 famous* companies

In this article let’s look at the vision and mission statements of some famous companies which will help give some further context to the discussion in my last article.  Apple   Mission: “to bringing the best user experience to its customers through its innovative hardware, software, and services.” Vision: “We believe that we are on the face … Continue reading “Analyzing vision and mission statements from 5 famous* companies”