Can you remember the books you’ve read a decade ago? If so, can you remember some of the key points from those books? I recently revisited my top 5 books that I read 10 years ago. You might recognize some of the titles, and four of the authors are household names. Let’s dive in.
[Read more…] about Remembering the Best Books of 2010A Patrick Lencioni Consultant on Smart and Healthy Business
If I had my own business hall of fame, Brian Jones of The Table Group would easily have his own wing. Brian was one of the first consultants to join Patrick Lencioni’s consulting arm more than 15 years ago. More importantly, Brian has helped thousands of executives and their teams.
[Read more…] about A Patrick Lencioni Consultant on Smart and Healthy BusinessAre You a CFO SmartBriefer?
Most of us have a morning reading routine. Mine starts with reading the front page of the online WSJ reading articles that interest me. I have about 6 other sites I scan quickly drilling into stories warranting my attention. Then I check my inbox from curated content providers like SmartBrief.
[Read more…] about Are You a CFO SmartBriefer?Favorite Books of a Table Group Consultant
The hosts of the CFO Bookshelf Podcast are fans of Brian Jones, one of the consultants of The Table Group, the professional services firm founded by the author, Patrick Lencioni. On this week’s show, Brian told us what he’s been reading. My favorite question was asking about his favorite Lencioni book.
[Read more…] about Favorite Books of a Table Group ConsultantDoes Your Company Really Need PPP Funding?
I recently visited with the most ethical and grounded financial leader I’ve ever known. He was well-versed in the CARES Act and was carefully studying the possibilities of securing PPP funding for his company. There was a glitch.
[Read more…] about Does Your Company Really Need PPP Funding?Loan Packaging 101 Using the CRAWL Method
You have just completed either your PPP or EIDL application through the bank or the SBA. Think you’re done with your financing options for the next 6-9 months? Think again. You’ll still need access to debt capital – but there will be no guarantees that your bank will welcome you with open arms.
[Read more…] about Loan Packaging 101 Using the CRAWL MethodSBA Funding and Potential Unintended Consequences
Every action we take has potentially unintended consequences. Never has this been more true as small businesses that have been badly bloodied by the coronavirus crisis look to the Small Business Administration for relief. Options exist, but which one? That’s the question Bruce and Mark tackle on this week’s podcast.
[Read more…] about SBA Funding and Potential Unintended ConsequencesUnderstanding Loss of Income Insurance During COVID-19
During the second week of March, I started getting concerned about business loss insurance for the clients I serve. I wasn’t worried if we had it – most have that coverage. The question was, “Was it excluded by the carrier?” This week’s guest on the podcast helps us to unpack that question and many more about this coverage.
[Read more…] about Understanding Loss of Income Insurance During COVID-19Revisiting the Stockdale Paradox
While the story had already been told, Jim Collins in Good to Great brought us the story of Admiral James Stockdale who was a prisoner of war for 8 years during the Vietnam War. In the book, Collins coined the term The Stockdale Paradox because prisoners who were the optimists died of a broken heart.
[Read more…] about Revisiting the Stockdale ParadoxTime to Revisit Scenario Planning?
Remember the first financial models you created earlier in your career? You generally had three scenarios – best case, worst case, and likely case. In light of the current pandemic, Bruce Reed and Mark Gandy revisit scenario planning and a few strong practices to amp up your models.
[Read more…] about Time to Revisit Scenario Planning?