The last three months have seen the Classified Ad Ventures business go from strength to strength. We now have a clear mission for mission for the business, a strong team in place and most importantly operations underway. Here is an update on the business.
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A topic that is often talked about in management magazines and books is communication. It seems that an enormous amount is written on the topic yet management time and time again get it wrong. I was chatting with a friend today about his work place and he commented that people are anxious and communications are not flowing.
This got me thinking – what are the do’s and dont’s of great communication from management to the employees.
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Have you ever had the situation where someone who reports to you resigns and you try to talk them out of it? I certainly have and i have also tried to talk them out of it … often successfully. However, is this the right strategy or should you just accept the resignation and move on?
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In today’s tough economic environment, everyone is hurting – busineses, employees, their suppliers and of course the customers. In these tough times, it is important the all parts of the business tighten their belts and the business is seen externally to tighten its belt.
If the company does not do this, it runs the risk of disenfranchising their employees and their customers.
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The team at Classified Ad Ventures is working with companies around the world to help them refine their business models and to accelerate their growth. One observation we have is that management and owners are often overly enthusiastic about of their revenue growth, expense requirements and ultimately market cap. Why is this happening and what should these operators think about it?
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For most businesses times are very tough and many of their management are entering an unknown and uncertain world. When this happens, management often call in the consultants. This can be for many reason – management need options, they don’t really know what to do and need help, or in some circumstances are looking for a “fall guy” if things dont improve. While consultants do have a place in helping management, they are not there to replace them. So what is the role of consultants during an economic downturn?
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