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Why selling your products is a bad idea
Valcort 35 Keys to Business Growth: #4 Have a clear understanding of how each of your products and services relate to the other and to the company as a whole.” I watched as my 10 year-old son dug around in a bin of hundreds of small and odd shaped little...
Read More...Blog / VALCORT DNAListen (to the voice of your customers)
Valcort 35 Keys to Business Growth: #3 Clearly understand your customers’ unmet needs, their frustrations, and what they look for in products and services like yours. Last year, when we talked to the senior leaders of a manufacturing firm with a large footprint in a niche market, we sensed concern,...
Read More...Blog / VALCORT DNAWhat People Believe Matters
Valcort 35 Keys to Growth: #2 Know what customers, distributors, shareholders, vendors and employees believe about your company. Let’s face it. You act on what you believe to be true. Last week I decided to purchase a watch as a birthday gift for my wife. As I was thinking about...
Read More...Blog / VALCORT DNAThe Importance of a Vision Statement
#1. Have a motivating and achievable vision statement that drives critical business decisions. In one of the best-known passages from Lewis Carroll’s Alice’s Adventures in Wonderland, Alice asks the Cheshire Cat-- "Would you tell me, please, which way I ought to go from here?" "That depends a good deal on where...
Read More...Blog / VALCORT DNAThe Sharp Edges of Strategy and Business
Sorting through some of my father’s tools yesterday, I ran into three old auger bits. Rusty as they are, they are impressive tools, intentionally designed, and carefully made by a metal-worker with one purpose in mind: to help a carpenter make a hole. Running my fingers over a 75-year-old, rusty...
Read More...Blog / VALCORT DNAThree Principles of Greatness
Whether you’re beginning a business from scratch, re-creating an existing organization, or looking to take a company from acceptable to extraordinary, there are three core principles that great operations share--core beliefs that impact management style, communications and use of resources. 1. Truth builds trust Knowing what is true is the...
Read More...Blog / Branding & Market ViewsTrust: The Essential Currency of Commerce
What is the most important asset in business? This question is something like the old desert island query: “If you were on a remote desert island and could have one thing, what would it be?: It is said that the renowned British satirist turned theologian G.K. Chesterton was asked along...
Read More...Blog / VALCORT DNAThe CEO’s Transformation Roll-out
By Chuck Thomas, president, The Valcort Group Change has come to your company, division or unit. As the CEO, you’ve done all the research, all the strategy and planning, and the executive team is on board. Now, how do you get your broad employee base to change behaviors to better...
Read More...Blog / NPOutlookWho do you trust?
Reversing the pervasive loss of trust in American life Who do you trust? In the public square, that’s a more troubling question than it should be. There isn’t enough trust to go around and nearly every institution—government, media, business, sport, and even churches and charities--are responsible and suffering the impact....
Read More...Blog / NPOutlookThe 7 Most Valuable Assets of a Nonprofit Organization
When you turn to the financial statements of a nonprofit organization, one of first reports is titled Assets and Liabilities. I know this an important report, but as a longtime non-financial manager of NPOs, I’ve always been less interested in this report than the statement of annual revenues and expenses...
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Innovation: Using ‘blockchain’ to extend micro loans in Kenya
The Innovation of the Day from trendwatching.com Twiga Foods in Kenya, a platform helping farmers distribute produce to food stalls, partnered with IBM to extend microloans to...
Read MoreEarning trust, the essential currency of commerce
What is the most important asset for success in business? A new idea? A strong team? Lean manufacturing? A sales plan? A huge email list...
Read More7 new business trends we’re seeing in 2018
Millennials welcome generation Z America’s youngest generation, “Gen-Z” (those born after 1998), are now entering their formative years and rising in influence. At nearly 70 million...
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