The Future's So Bright…?

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Welcome to the second quarter of 2021 where vaccines are becoming plentiful, going out to eat is a thing again, and families are planning special events! If our extended family is any indication, we’re heading into a welcome reprieve from the “that-which-shall-not-be-named” winter, as we’ll be celebrating four new babies, three weddings and an (in-person) college graduation!

If you’re feeling optimistic about life and business, you’re not alone. A first quarter study by JPMorgan Chase found that the majority of small and midsize businesses are optimistic despite continuing uncertainty. In fact, 77% of midsize companies and 63% of small businesses remain optimistic about the year ahead even as they continue to face impacts of the global pandemic. (You can read more about all that here.)

These companies report that their willingness to shift focus and adopt new practices (especially digital practices) are the most important elements of increasing sales. I talk about this flexibility in the planning process in the articles which follow.

All this to say, I hope that your organization is approaching this next quarter optimistically! I would love to hear how your year is going and how you’re approaching your short and mid-range planning…drop me a note if you’d like to get together!

Read my full April newsletter here.

Core Values: Turn Words Into Action in Your Company

Photo by Andra Ion on Unsplash

Photo by Andra Ion on Unsplash

Have you established core values for your business? If you have identified your core values, how do you ensure those values are being brought to life in your organization?

Identifying your company values is an important first step but creating an implementation plan is critical if they're to have impact. In many organizations people either don't know the company values or if they can recite them, they may struggle to provide an example of how they apply to the day-to-day work.

The key to bringing your values to life in your organization is to first define what that value means to you, and then provide your team with practical examples of how that is practiced on any given day. 

As an example, if you have a core value of Dependability, you might define it as meaning that other people can rely on and trust you. Some examples of behaviors that demonstrate this value would be; showing up on time, responding to email requests within 24 hours, meeting project deadlines, and taking responsibility for missed dates. 

Don’t leave your core values on a plaque on the wall. Develop a system for implementing your Core Values in your company and lead by example. Bring them to life in a consistent, visible and meaningful way.

Contact me to discuss a core values implementation strategy for your organization.

Jeanne Coughlin Featured on Business Podcast: Family Business Matters

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Jeanne Coughlin was the featured guest on BEST.PODCAST.EVER with Alex and Molly.

View the link here to visit the episode page or view the full episode below!

http://www.thebestpodcastever.com/101-family-business-jeanne-coughlin/

What kind of support do family-run businesses and other private companies need to thrive? Find out from Jeanne Coughlin, Business Coach, Author, President of The Coughlin Group, and the busiest woman in town. Jeanne finds some time to sit down with Alex about working with families and their unique needs, how to change culture in an organization, and how a one-page plan can be the key to strategic growth. Get to know how this successful female entrepreneur is helping other entrepreneurs reach their potential.