Your strengths play a critical role in your journey to success. They are the skills, characteristics, and knowledge that have helped you define your leadership.

However, too much of a good thing can actually have negative consequences. And though it may seem counter-intuitive, your strengths – when unchecked – can accidentally diminish your team and become a weakness to your company. Let’s explore how this can happen and what you can do to stop it.

How can leaders come out of their annual sessions with the right plan for their business? This is the question we recently discussed with Gravitas Impact premium coach Ken Thiessen.

Pulling from 30 years of experience, Thiessen walked us through some of the roadblocks that can arise during the planning session and shared some valuable insights on how coaches can help their clients navigate them.

CEO’s step down for any number of reasons, but there are signs and signals that indicate when the time is right.

“The first key indicator is when you don’t see the future,” Bishop said. “The greatest leaders have a clear vision of the core purpose of the business and where it is going. If you have transitioned from playing offense to playing defense, it may be time to find someone else to take the reins.”

Heim echoed a similar sentiment and laid out a handful of “company driven” signs that signal the CEO and the business are starting to diverge:

• The business needs a CEO with different skills to take it to the next level or to lead it into a different market.

• The company has a leader ready to take on the CEO role.

• The leadership team is struggling, and the CEO has not, and apparently cannot, create a strong, effective leadership team.

Since the internet boom of the ‘90s, the market has undergone a rapid transformation that has changed the way consumers find and purchase products. While this has resulted in a better, more efficient experience for the customer, it has created new obstacles for businesses and their profit margins.

“Technology is a big obstacle to growing profit margins,” Joseph said. “Customers have access to competitive pricing instantly through the internet. They can quickly educate themselves and demand better prices for products and services like never before. Inevitably, this is going to put downward pressure on prices.”

In 2018, PayPie – a B2B financial consulting company – released a benchmark report that said three-quarters of small to midsize enterprises are in need of more cash. That’s a stark number, considering how critical cash is to the survival of any business. So why are so many missing the mark?

In this blog the following questions will be discussed:

1. What are the challenges and obstacles small to mid-sized enterprises are facing that make it difficult for them to increase cash flow?

2. What can businesses do to start maximizing cash flow immediately?

3. What kind of long-term strategies for better cash flow should these small/mid-sized businesses start utilizing?

4. Last year, numerous financial reports warned of an economic downturn in 2019. What can small/mid-sized businesses do to insulate themselves from any potential impact?

5. What can the coaches do in 2019 to help their clients who might be struggling with cash flow?

In this fast-paced webinar titled, Playbook for Success - Building your Game Plan for Winning the War on COVID-19, we will talk about building a game plan for not just surviving, but “thriving” in today’s chaotic business economy. We will examine the current COVID-19 battlefield, and the steep decline of revenue, period of lowermost and steady, slow accent of recovery. During each of these phases of decline and recovery, we will discuss a success strategy, reveal a 10-point game plan for survival and discuss tactical activities for defense, offense and special teams that help your business thrive. Join in on the webinar, and let’s focus, align and execute a winning game plan your business.