The Issue: Companies that do not regularly produce job costing reports showing revenues and expenses related to services performed for their individual customers lack a critical piece of data necessary for good management and decision making. The Bottom Line: Regularly producing job costing reports showing revenue and expenses at the individual customer (and/or job) level
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GREENVILLE, SC – October 15, 2022 – Bruce Wilson & Company, a pioneer in green industry executive coaching, peer learning and mentorship, today announced the expansion of its CEO and business owners peer group program to include peer groups for managers. “Peer groups for managers is a powerful and simple approach to help turn managers
Based on client performance data, the landscape segment of the economy is ending the year better than expected. The job market is strong, unemployment is stable, the labor market is easing and layoffs are mild, balancing the supply and demand for workers. But while supply chain challenges and inflation show no signs of cooling off,
Inflation is different this time. Manufacturing, supply and production chain issues haven’t caught up to pre-COVID levels. Overhead is high and morale is low. And global developments have had impacts that will take years to figure out. CEOs are stressed. Consumers are stressed. Everyone has an opinion on what to do. This inflation/recession cycle is
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Five strategic actions to take to prepare for recessionary times. Over the last few months, billionaires from Elon Musk to Jamie Diamon have been predicting a recession. These warnings have only multiplied since the Federal Reserve decided to raise interest rates by 75 basis points. Business leaders and major financial institutions have since echoed these
Imagine this. You’ve been working in your industry for at least ten years. You know your customers inside out and there’s a problem that your company isn’t solving. Spotting the opportunity, you leave and set up your own business. Your industry knowledge helps you to mine a rich economic seam. This is the story of
On a recent, bumpy flight back to Denver, I thought of the aviation maxim: “Don’t overcorrect in turbulence.” Change and uncertainty — like flying through cross winds and rough weather — are unsettling. Sometimes, change tempts us to push as hard as we can in the opposite direction. But as every experienced pilot knows, overcorrecting
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If you want to teach people a new way of thinking, don’t bother trying to teach them. Instead, give them a tool, the use of which will lead to new ways of thinking. — R. Buckminster Fuller Designer, inventor, futurist Purpose moves people to make the world a bit better for all,” notes Naomi Simson,
Between spring start-up and summer ops crunch, it is easy to lose focus on who we work for. Like it or not, without customers, the productivity we strive for and the operational engine we continue to invest in, is irrelevant. The way to get better at keeping customer needs front and center is to nurture
Thought Leader Retreat – the premier Bruce Wilson & Co leadership event of the year – will feature a two-day, idea-driven, conversation around disruption. “CEOs must embrace disruption to thrive,” says company founder, Bruce Wilson. “But the scope of disruption can also feel like the ‘wild west’ with no rules for business owners who are uncertain about what to do
