There are a few traits the most successful companies share. Perhaps the most impactful is Alignment. Making sure every level of the organization is aligned with mission, vision and ST/LT goals is of vast importance. Here is a one-pager that can be used to help get this message across.
S.W.O.T. Analysis Template
It is a good best practice to regularly perform a S.W.O.T. Analysis of your entire company or specific divisions, business lines or products/brands within your organization. Here is a simple template you can use to assess your S.W.O and T.
Net Promoter Score (NPS)
One of the fastest tools to measure customer loyalty is the Net Promoter Score. If you are not familiar with the details, you probably will recognize the question “On a scale of 1 to 10, how likely are you to recommend us/our product/our service to your friends and family?”
Mission – Vision – Pledge/Promise
One of the most overlooked first impressions you make with your investors are what your mission statement, vision statement and pledge/promise say about your company. Are those crisp and informative or vague and confusing?
Do You Really Use Your Fax Machine?
Do you still use a fax? If so, great. If not, check out your IR website and Auto-Signature to make sure you don’t look out of touch.
Mayo Executive Health Program
Here is information on the Mayo Executive Health Program. The Program is individualized so the estimated cost is ranges ~$4,500 to ~$11,500. Could be more or less depending on your current health and medical needs. But, it is certainly a nice benefit to share with your HR team. Best is to get as many executives into the program.
Ernst & Young – E & Y Library
The public accounting firm of Ernst & Young has a nice library of information and resources on their website. Here is a short overview of what is included and where to go to find it.
NACD – National Association of Corporate Directors
The National Association of Corporate Directors is the recognized authority on leading boardroom practices. The NACD operates is a membership-based non-profit industry association that helps deliver board excellence. Here is an overview of the Association.
Consultant/Firm RFP Considerations
From time to time you may want to execute a RFP process for a new consultant or firm. Here are some considerations to optimize your responses and decision-making.
Rogers Diffusion of Innovation Graph
This is a cool chart that shows Rogers Diffusion of Innovation Graph. Specifically, it shows the life cycle of a product from Innovators to Early Adopters to Majority and Laggards. This can help you tell the story of where your products are and potentially how much growth is left.
Capital Economics Overview
If you are in need of timely and relevant macroeconomic, the Capital Economics e-newsletter is a quality resource. Here is a white paper overview.
Movies – Business and Wall Street
Here is a list of 45 movies and documentaries about business and Wall Street. Some classics are included. Use the Rotten Tomatoes grade to help steer you.