EPISODE E5.012 Season 2 Summary Your Endgame - Reading Your Dashboard - STAGE V

INTRODUCTION
This episode of Catalytic Conversations is all about working ON your business.  Here’s a question for you.  How much time do you spend working ON your biz?  The ratio will differ depending on your company’s cycle, but a quick rule of thumb is the 20/80 ratio.  Spend 80% of your time working in the biz, and 20% of the time working ON the business. E.012 Today we are going to be talking about Season 2 Your Endgame: Reading Your Dashboard. Today’s show builds on our previous eleven shows this season as we explore your decision to either sell the company or, reinvent it to continue to grow & develop.

The secret in this new market - running agile & lean = agilean

SHOW OBJECTIVES
Provide entrepreneurs and business owners with a summary of Season 2.  Season 2 equips business owners with the tools they need to successfully build a decision-making dashboard to lead themselves, others, ideas and results.  These are the critical tools to making the ultimate owner decision - to sell the business or to pursue reinvention.
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WHAT YOU NEED TO KNOW
This is what we covered in Season 2 - For the Stage V Executive:

1. Overview of Season 2 Owner Track Stage V 
2. Implementing  Profit Plan 
3. Improve Profitability from Fixed Cost Operations 
4. Improve Profitability from Variable Cost Operations 
5. Improve Profitability from Retained Earnings Investments
6. Review, Update, and Eliminate Out of Date SOP's 
7. Sell! or Get The Valuation 
8. Create Reinvention Plan 
9. Identify Obstacles in First to Market 
10. Identify Best Practices for Innovation 
11. Build a Formal Performance Management Process 
12. Summary of Season 2 Owner Track Stage V 

WHAT YOU NEED TO DO

1. Join our Community of Commerce and receive a weekly newsletter with the program schedule.
2. Review the newsletter (Monday) and select the shows or podcasts that will make a difference now.
3. Determine your stage - Click This
4. Listen to the Show or checkout it's podcast
5. Download Show Notes
6. Apply the knowledge - and, if you get stuck, reach out to us in the Community of Commerce.  We are here to help!
7. Sign up for my free webinar, “Eyes on the Horizon, Feet on the Ground” on Tuesday, October 20th at 3 pm Eastern.  We will discuss scenario planning, building readiness and resilience, as well as use the lens of climate change to examine the basics of scenario planning.  Register here: https://us02web.zoom.us/webinar/register/WN_zGQTsrhGTKC-qXcV4_sEQQ
8. Let Us Know how it worked - comment on Show Note page

RESOURCES
Both of these books are rich with information.  Take a look -
The New Leadership Legacies: Thriving In a Future of Extreme Disruption and Distributed Everything, by Bob Johansen, Berrett-Kohler Publishers, 2017.
Startup CEO: A Field Guide To Scaling Up Your Business, by Matt Blumberg, Wiley & Sons, 2020.

NEXT SHOW
E5.001 Looking Ahead to Season 3 of Catalytic Conversations!  Join me!

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