Posts Tagged With ‘ Business Consulting ’

As a business owner, entrepreneur, or executive, investing in the development of your team is crucial for the success of your organization. Executive coaching is a popular method used to enhance leadership skills, boost productivity, and achieve personal and professional growth. But how do you measure the return on investment (ROI) of executive coaching or business therapy? In this blog post, we will explore the various ways you can evaluate the impact of executive coaching. Define your goals and objectives The first step in evaluating ROI on executive coaching is to clarify your goals and objectives.... Continue Reading

Double exposure of elegant businessman and modern busines city with towers and skyscrapers ” data-medium-file=”https://i0.wp.com/dougthorpe.com/wp-content/uploads/2020/08/113275079_s.jpg?fit=650%2C390&ssl=1″ data-large-file=”https://i0.wp.com/dougthorpe.com/wp-content/uploads/2020/08/113275079_s.jpg?fit=800%2C480&ssl=1″ /> Being an effective leader is a constant challenge that requires daily dedication and self-reflection. As owners, entrepreneurs, and executives, we have to make tough decisions every day that can impact not only our businesses but also the... Continue Reading

Managing a business can be a rewarding but challenging task. Whether you’re an owner, entrepreneur, or executive, you understand the pressure that comes with keeping the company running smoothly. With this comes burnout, confusion, and stress that can affect not only you but also your team’s productivity and morale. That’s where business therapy comes in. Yes, you read that right – business therapy! Just like how individuals seek therapy to improve their mental health, businesses, too, can benefit from therapy sessions. Business therapy aims to help business owners and executives to gain... Continue Reading

As an entrepreneur, launching and growing a business is one of the most challenging tasks you will ever tackle. While passion, grit, and sheer determination are all essential for success, they can only take you so far. That’s where business therapy comes in. A business coach can serve as your guide and sounding board, helping you to identify your strengths and weaknesses, navigate roadblocks, and develop a growth strategy. In this post, we’ll unpack the concept of business therapy and explore why it can be an invaluable tool for entrepreneurs at any stage of their journey. What is Business... Continue Reading

It’s hard to believe you can run into a successful executive who is 180 off the mark on a certain topic. I once had a client company who was struggling with the aftermath of undergoing a rapid campaign of acquisitions. Eighteen months into post-merger activities they were hemorrhaging money. My job was to reassess certain alignment issues and evaluate immediate changes to stop the bleeding. As a result of a SWAT Team-like blitz through the company, I was sensing a disconnect with one of the key executives. He was their CIO. He and I just couldn’t seem to get on the same page. Now I’ve... Continue Reading

Leading a business involves risk. For some of us, just getting out of bed each day seems like a risk. For others, they can’t get enough of it. Being a risk taker is on the high end of the scale for entrepreneurs and visionaries. Our business culture is full of stories about famous risk-takers. Yet how we each look at risk says a lot about where we are as entrepreneurs, business people, and leaders. I come from a banking background. The basic principles of banking involve risk and reward. As your banker, I will lend you X dollars if you agree to pay me Y interest. The interest rate reflects... Continue Reading

If your desire is to be a better manager at work, at home, or in the community, you may want to develop some actual leadership skills. However, if you are already following certain leadership principles, there is always room for lifting the lid to expand your reach and influence. After many years of working with clients of all kinds, I see one recurring theme, time and again. The biggest difference between managers who are pretenders versus leaders who are contenders is a small six-inch piece of real estate; the distance between your ears. Yes, I am talking about the space inside your head. The... Continue Reading

For those who have ventured into owning a business, good luck! I mean that seriously, not facetiously. It takes a special person to commit to becoming a successful entrepreneur. There are just so many darn details that can overwhelm you. And, once you get past the start-up phase, you turn to a growth phase. Then as you grow, you might really begin to “take off”, meaning your brand has legs and is gaining momentum. Order counts increase, opportunities open up. Expansion looms large. Then you might actually reach the enterprise stage. This is where your little idea now starts to look like a... Continue Reading

Is it time to put your company up for sale? Whether you’re just assessing the health of the market and your operation or you’re actively looking to make a sale and retire or move on to other ventures, there are a few key considerations to keep in mind. Doug Thorpe shares a few here. Assess Your Business Health According to SCORE, it’s important to always understand the health of your business, whether you plan to sell or not. Zeroing in on weak or problematic areas can help you turn your business around, whether that’s to keep moving forward or to prep it for sale. Analyzing your business... Continue Reading