In a fourth-generation business with five siblings, how do you scale for growth and make it profitable enough for all?
Vito Dicecca, the innovative cheesemaker from Altamura, Italy, has a solution: “Never rest on past success; travel extensively to learn how other cheesemakers experiment with new ideas, and keep your brothers and sisters happy to work in the family business by doing what they love.”
Read MoreThere has been a huge outpouring of love, support, and kindness after I shared the blog about my mom passing and the impact she had on me as a businesswoman as a leader. What legacy are you leaving behind?
Read MoreSadly, my mother passed away last month, just two weeks before her 93rd birthday. In true Rita fashion, she would have wanted us to celebrate her life and focus on cherishing her memory rather than grieving her loss.
Read MoreThis is my first week back after a 10 day vacation, which was absolutely amazing and fabulous, going through Italy seeing sites. I actually connected with a variety of different family businesses! I learned so so much and had a great time. There were some personal things that went on in my personal life in September that had me unexpectedly stepping out and taking more time off than I ever imagined. How could I run a business?
Read MoreI can not emphasize enough how important it is to have the right team in place to grow. The “right team” may include employees, independent talent, consultants, agencies, or a mix of all four.
Read MoreI think of this time of year as the home stretch of the year. Today, I'm sharing a few tips to help you and your business finish strong.
Read MoreHow do you prepare for what is traditionally called the back-to-school period -- or, the Fourth Quarter? I see it as the home stretch - stretching for the rest of the year, revisiting, and building on how to realign goals. What intentions have you set up and, importantly, what are your deadlines to reach those goals?
Read MoreAs the summer is winding down, this is the great opportunity to take a moment. Take a pause. Enjoy the last few days of summer, and think about what goals you intended to set out for yourself and your company this year and where you are.
Read MoreRecently, we did a blog newsletter on private equity and the alignment in leadership teams, and I thought I'd pop in to give you my unsolicited opinion here on what I believe gets a lot of bad press.
Read MoreAlignment also plays a crucial role in the efforts of Private Equity (PE) firms, which frequently help company leadership teams achieve outstanding growth. Slater Success is often involved in advising clients who seek to maximize capital returns by using various types of M&A tools, including when PE funds are the optimal solution for growth.
Read MoreRecently, I did a blog on the alignment in succession planning. I thought I'd explain a little bit what I mean by that. First of all, you have to understand when I talk about alignment, I spent my early years dancing. To me, always as a dancer, your body had to be aligned, your head was over your shoulders, your ribs, your hips, your feet; that was great alignment.
Read MoreYou’ve often heard me talk about the relevance and necessity of succession planning. Quite simply, for your business to thrive, your company needs to have a blueprint in place that maps out leadership transitions.
Read MoreI do a lot of leadership trainings for various organizations. One of the key things I ask the audience first off is, "Who are the leaders you admire?".
Read MoreI frequently encounter powerful attorneys at client law firms who inquire about transitioning from being "a great lawyer" to stepping into becoming an effective leader. I believe that developing into a leader who inspires and drives success involves several discrete action steps.
Read MoreWe’ve been talking a lot about resilience lately. I could share countless stories, but in this post, I want to show you the essence of resilience from various perspectives. Read more.
Read MoreToday’s businesses frequently grapple with unforeseen, difficult situations like persistent inflation, high operating costs, supply chain disruptions, and cash flow challenges. There are other disruptions as well. How do you lead through the disruptions?
Read MoreYour nourish business growth when you take time off. Read on to learn how.
Read MoreIf you have been following our blogs for a while, you know I have talked about the power of relationships for long-term success. Our philosophy is that when you maintain and build long-term relationships, you are building a pot of gold. Read on.
Read MoreHermes is now in the sixth generation of a family business. That is very, very unusual for a business to stay in the family for six generations without being acquired on a sale or an acquisition or a merger or any of the above. Read on as share what I’ve learned from the business.
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