-
For Best Results, Start Your Strategic Planning Early
Time flies when you’re having fun — and running a business. Although it’s probably too early to start chilling a bottle of bubbly for New Year’s Eve, it’s certainly not too early for business owners to start doing some strategic planning for next year. Here are some ways to get started. A good place to find inspiration for strategic objectives…Read More -
Common 6 Sigma Implementation Errors to Avoid
Over 20+ years in manufacturing, I have seen numerous examples where the use of 6 Sigma techniques has paid dividends in controlling quality and consistency of product. It is critical, however, to ensure that your measurement system accurately illuminates the variability you are trying to control in your process. I have in the past visited a baking facility where a…Read More -
Capitalism Evolved: A New Understanding for 2019 and Beyond
Recently, members of The Business Roundtable – nearly 200 CEOs of major U.S. corporations – released a statement indicating: “We share a fundamental commitment to all of our stakeholders …we commit to deliver value to all of them for the future success of our companies, our communities and our country.” This statement was in contrast to prior Roundtable statements which…Read More -
4 Tough Questions to Ask About Your Sales Department
Among the fastest ways for a business to fail is because of mismanagement or malfeasance by ownership. On the other hand, among the slowest ways is an ineffective or dysfunctional sales department. Companies suffering from this malady may maintain just enough sales to stay afloat for a while, but eventually they go under because they lose one big customer, or…Read More -
Adapt Hiring Challenge!
The last time unemployment was this low, gas was 35 cents a gallon, the US had just landed on the moon, The Beatles played for the last time in public on the rooftop of Apple Records, and some people reading this article had recently enjoyed a groovy time at Woodstock. We continue to face the lowest unemployment rate in 50…Read More -
5 Monkeys in a Cage (And One Important Business Lesson)
In terms of summer reading, I’m not a big fan of fiction. In fact, looking back at my reading list over the past decade I’d have to say I’ve definitely got a genre. To the exclusion of almost everything else, I read business self-help books. I don’t know why this is (what is so compelling about mobile cheese, anyway?) but…Read More -
I’ve Stopped Being a Pig (Video)
I finally stopped being a pig. My peers are tired of me pulling out the old saw: “The chicken is involved in a bacon and egg breakfast, the pig is committed,” but for a long time I thought I had to be the pig in my career in order to fully feel the satisfaction of helping a team achieving a…Read More -
The 1-2-3 of B2B Marketing
Does your business market its products or services to other companies? Or might it start doing so in the future? If so, it’s critical to recognize the key differences between marketing to the public — or even certain segments of the public — and business-to-business (B2B) marketing. Whereas wide-scale marketing campaigns generally need to be simple, concise and catchy,…Read More -
Fahrenheit Executive Shares Emotional Intelligence Knowledge with PRNEWS
"A candidate's resume doesn't tell the whole story. Emotional intelligence (EI) is not quantifiable on a CV but it has been identified as the number one quality you need in a new employee,” writes PRNEWS Group author Eileen Simonson Hiebler. To learn more about the subject, Hiebler turned to Fahrenheit Advisors Senior Recruiting Consultant, Sarah Gobble for her story. Gobble…Read More -
Fahrenheit Advisors Adds Expertise in Operations & Manufacturing Transformation
Richmond, VA: Fahrenheit Advisors, a full-service advisory firm headquartered in Richmond, Virginia, is pleased to announce the addition of an executive-level employee and expansion of its capabilities in the area of Operations & Manufacturing Transformation. Gunther Brinkman, an experienced operations executive, joins Fahrenheit to expand its advisory services focusing on Operations & Manufacturing Transformation. With over 20 years’ experience in…Read More -
How to Know If A Fractional CFO Is Right for Your Business
You are the CEO of a growing business. Do you need to: Spend more time in areas of the business where you add the most value? Maximize cash? Add an operational finance perspective to your team? Update your strategic plan? Raise capital to grow your business? Add a trusted advisor to your executive team? Develop an exit strategy for your…Read More -
Private Equity is Desperately Seeking Family-Held Businesses by Jonathan Brabrand
Our firm recently attended the Association for Corporate Growth’s annual InterGrowth conference in Orlando, FL, which is one of the largest gatherings of middle market deal professionals in the country. Over 1,500 attendees convened from all sides of the deal-making world, including debt and equity capital sources, investment banks, and service providers such as accountants, consultants, and diligence firms. My…Read More