THOUGHT Leadership
Blogs
I Did It!
ArticlesThe rapid advancement of the COVID-19 outbreak has brought an unprecedented upheaval to all of our lives. It has caused us to change how we interact with friends and family, forced us to rethink our professional and financial plans and impacted life’s simplest decisions - like stepping outside of our house or having coffee with a friend. It has forced us all to examine what we have taken for granted all our lives and reconsider the independence we have become accustomed to.
PLAN “B”
ArticlesAs of March 2020 the sand beneath our feet shifted as never before, and the assumptions that worked well in more predictable times need to be put aside. In the words of Albert Einstein, “The thinking that got us to where we are today is not the thinking that will get us to where we need to be”.
BTA Provides An Update Re: COVID-19
NewsIn these unprecedented times we at the Business Transition Alliance are focused on what matters most for our families as well as for our clients who look to us for guidance.
Developing the Right Growth Strategy for Your Business
ArticlesThere are many different strategies that businesses can follow when their goal is growth. When trying to decide which strategy to implement, you as the owner, must consider your target market, finances and industry, as all of these factors will play a big role in achieving your results.
Why Should You Have a Transition Expert Speak at Your Next Event?
ArticlesAn experienced transition expert will provide business owners with the insights and perspective they need whether they plan to grow, exit, or step back from their business.
3 Ways to Increase Employee Development in Your Workplace
ArticlesHaving engaged employees has always been an essential part of a business. But today, employees are looking for a place where they can feel like they belong – work culture is shifting from a duty to an experience.
Four Tips on How to Lead your Business through a Digital Transformation
ArticlesDigitalization is everywhere – from the way we receive information to the way in which we communicate that information daily, and it’s no different when it comes to your business. It is inevitable that with the changes and advances in the digital world, come the need for adaptations.
Three Ways to Build Strategic Sustainability into your Business
ArticlesMore than ever, consumers are demanding that businesses take action when it comes to our environment, and it is essential that corporations commit to and start promoting strategic sustainability that goes beyond recycling.
7 Deadly Sins of Transition: Sin #7: Be a Hands-on Manager
ArticlesHow do you know when it’s time to step aside and make room for a new generation of leaders? And what’s the best way to handle the transition?
3 Benefits of Employee-Owned Companies
ArticlesEmployee retention, correlating to employee engagement and employer branding, is essential to a successful company.
What better way to help your brand than by having your own employees say amazing things about their workplace?
7 Deadly Sins of Transition: Sin #6: Walk Before You Run
ArticlesFail early, fail often, fail forward. As most experiments fail, real progress requires trying out tons of ideas, decreasing the lag time between attempts and increasing the knowledge gained from results.” -Dominic Basulto, Silicon Valley guru
7 Deadly Sins of Transition: Sin #5: Building a Winning Culture
ArticlesAs you face your transition, you need to encourage your people to think differently. The focus needs to be less on winning and more on looking for new opportunities that may in fact be unsuccessful.
What is Sustainability and Why Does It Matter for Your Business?
ArticlesAccording to the BDC, enforcing a sustainability strategy for your business can lead to reduced waste, lower costs and increased customer engagement. Not only is there an incentive for such a strategy because it's good for the planet, but it is also good for business.
7 Deadly Sins of Transition: Sin #4 – Know Your Customer
ArticlesIf you can’t effectively train both your successors and your customers to transact business without you, you will never be able to leave your business.
7 Deadly Sins of Transition: Sin #3 – If It Ain’t Broke – Don’t Fix It!
ArticlesIt's important not to fall into the “that’s the way we’ve always done it” mentality, or worse, a “that’s not our business” attitude during a transition.
7 Deadly Sins of Transition: Sin #2 – Lead by Example
Articles“A leader is like a shepherd. He stays behind the flock, letting the most nimble go out ahead, whereupon the others follow, not realizing that all along they are being directed from behind.” - Nelson Mandela
Paulo Is Retiring
ArticlesI don’t know Paulo but I wonder how his retirement is going...
The Seven Deadly Sins of Transition: A Series
ArticlesThe thinking that got you here won’t get you to where you need to be.” - Albert Einstein
This Is Why a Strong EBITDA Matters
ArticlesWhy is cash flow so important in a business transition? The stronger the EBITDA, the more prospective buyers will be willing to pay for the business.
Three Lessons COVID-19 is Teaching us about Crisis Management
ArticlesThere are important lessons the pandemic is teaching business owners and employees alike. In fact, COVID-19 will forever change how businesses operate going forward. Here are three lessons about crisis management that should be top of mind for businesses during this time.
I Did It!
ArticlesThe rapid advancement of the COVID-19 outbreak has brought an unprecedented upheaval to all of our lives. It has caused us to change how we interact with friends and family, forced us to rethink our professional and financial plans and impacted life’s simplest decisions - like stepping outside of our house or having coffee with a friend. It has forced us all to examine what we have taken for granted all our lives and reconsider the independence we have become accustomed to.
PLAN “B”
ArticlesAs of March 2020 the sand beneath our feet shifted as never before, and the assumptions that worked well in more predictable times need to be put aside. In the words of Albert Einstein, “The thinking that got us to where we are today is not the thinking that will get us to where we need to be”.
BTA Provides An Update Re: COVID-19
NewsIn these unprecedented times we at the Business Transition Alliance are focused on what matters most for our families as well as for our clients who look to us for guidance.
Developing the Right Growth Strategy for Your Business
ArticlesThere are many different strategies that businesses can follow when their goal is growth. When trying to decide which strategy to implement, you as the owner, must consider your target market, finances and industry, as all of these factors will play a big role in achieving your results.
Why Should You Have a Transition Expert Speak at Your Next Event?
ArticlesAn experienced transition expert will provide business owners with the insights and perspective they need whether they plan to grow, exit, or step back from their business.
3 Ways to Increase Employee Development in Your Workplace
ArticlesHaving engaged employees has always been an essential part of a business. But today, employees are looking for a place where they can feel like they belong – work culture is shifting from a duty to an experience.
Four Tips on How to Lead your Business through a Digital Transformation
ArticlesDigitalization is everywhere – from the way we receive information to the way in which we communicate that information daily, and it’s no different when it comes to your business. It is inevitable that with the changes and advances in the digital world, come the need for adaptations.
Three Ways to Build Strategic Sustainability into your Business
ArticlesMore than ever, consumers are demanding that businesses take action when it comes to our environment, and it is essential that corporations commit to and start promoting strategic sustainability that goes beyond recycling.
7 Deadly Sins of Transition: Sin #7: Be a Hands-on Manager
ArticlesHow do you know when it’s time to step aside and make room for a new generation of leaders? And what’s the best way to handle the transition?
3 Benefits of Employee-Owned Companies
ArticlesEmployee retention, correlating to employee engagement and employer branding, is essential to a successful company.
What better way to help your brand than by having your own employees say amazing things about their workplace?
7 Deadly Sins of Transition: Sin #6: Walk Before You Run
ArticlesFail early, fail often, fail forward. As most experiments fail, real progress requires trying out tons of ideas, decreasing the lag time between attempts and increasing the knowledge gained from results.” -Dominic Basulto, Silicon Valley guru
7 Deadly Sins of Transition: Sin #5: Building a Winning Culture
ArticlesAs you face your transition, you need to encourage your people to think differently. The focus needs to be less on winning and more on looking for new opportunities that may in fact be unsuccessful.
What is Sustainability and Why Does It Matter for Your Business?
ArticlesAccording to the BDC, enforcing a sustainability strategy for your business can lead to reduced waste, lower costs and increased customer engagement. Not only is there an incentive for such a strategy because it's good for the planet, but it is also good for business.
7 Deadly Sins of Transition: Sin #4 – Know Your Customer
ArticlesIf you can’t effectively train both your successors and your customers to transact business without you, you will never be able to leave your business.
7 Deadly Sins of Transition: Sin #3 – If It Ain’t Broke – Don’t Fix It!
ArticlesIt's important not to fall into the “that’s the way we’ve always done it” mentality, or worse, a “that’s not our business” attitude during a transition.
7 Deadly Sins of Transition: Sin #2 – Lead by Example
Articles“A leader is like a shepherd. He stays behind the flock, letting the most nimble go out ahead, whereupon the others follow, not realizing that all along they are being directed from behind.” - Nelson Mandela
Paulo Is Retiring
ArticlesI don’t know Paulo but I wonder how his retirement is going...
The Seven Deadly Sins of Transition: A Series
ArticlesThe thinking that got you here won’t get you to where you need to be.” - Albert Einstein
This Is Why a Strong EBITDA Matters
ArticlesWhy is cash flow so important in a business transition? The stronger the EBITDA, the more prospective buyers will be willing to pay for the business.
Podcasts
The Seven Deadly Sins of Transition
John Hotson
John Hotson discusses the Seven Deadly Sins of Transition with CIBC Private Wealth Management.
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WHAT We Believe
Reference Articles
Globe & Mail Nov 2015 – Boomer Shift, by Richard Blackwell writes about how three-quarters of small business owners plan to exit their business over the next ten years. He states: PricewaterhouseCoopers, in a recent report, predicts a “highly competitive buyer’s market between 2018 and 2025” for family businesses, and suggests that many owners will not get the nest egg they hoped for.”….Read More
Globe & Mail Feb 2016 – The Perils of not Planning Succession, By KIRA VERMOND, NOREEN RASBACH – With business owners about to collectively transfer a huge chunk of wealth to the next generation, they may be overestimating how easy that will be to do…Read More
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Business Transition Alliance
We are business owners and advisors that offer consulting services to entrepreneurs. Working hands-on, we help develop and implement effective strategies that increase business value, growth and profitability, to prepare for the future.
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