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Showing posts with the label operations

Kaizen and Stoicism: Unlikely Bedfellows in the C-Suite? (Matt Thoene)

I’m going to be too honest here. I’ve grown weary of the modern-day concepts on how companies operate. Meetings that could have been an email. Powerpoints that are walls of text. Way, way, WAY too many backend tools that don’t play well together and are more time killers than time savers. As I’ve evolved my practice as a fractional COO I’ve found myself researching, and often times weaving in, some age old concepts into modern ones that have produced more efficient, profitable, and happy (read: positive culture) clients. Apologies in advance for getting philosophical.   The Twin Stars: Kaizen and Stoicism   Kaizen, the Japanese philosophy of continuous improvement, thrives on the mantra of "change for better." Its close relatives in the modern corporate world would be Lean Management and Agile Methodology, both of which emphasize minimizing waste, continuous improvement, and delivering the most value with the least amount of resources.  Stoicism, on the other hand, is an ...

The Key to Unlocking Your Business Growth: Fractional COOs (Emily Britton-Arnold)

In today's competitive business landscape, small businesses often face resource constraints that can hinder their growth potential. While larger companies may have the luxury of employing full-time executives in various roles, small businesses may struggle to afford such dedicated expertise. Enter the Fractional Chief Operating Officer (Fractional COO), a flexible and cost-effective solution that enables small businesses to access high-level operational leadership without the commitment of a full-time hire. Let’s explore how Fractional COOs bring tremendous value to small businesses, emphasizing the benefits of their fractional approach. Fractional COOs collaborate closely with business owners or CEOs, aligning the company's operations with its goals and facilitating sustainable growth. Unlike full-time COOs, who require annual salary and benefits, Fractional COOs aren't full-time and have other clients. This flexibility enables small businesses to adapt to changing circums...

Fractional Leaders: Giving Small Businesses a Leg Up (Emily Britton-Arnold)

Behind the scenes of small businesses all over the world, is a movement that is changing the face of executive leadership. Fractional C-Level management is here to stay and is growing at an accelerated pace.   What does this mean for small businesses? For the first time, small businesses can hire a C-Suite leader without the revenue to carry a full-time salary.  Let’s peek at the numbers.   I’m a Fractional Chief Operating Officer. A full-time Chief Operating Officer can cost a company around $350k per year or more depending on experience and industry. A Fractional Chief Operating Officer will cost roughly 1/4 of that (not to mention the cost savings of benefits). The benefit a small business, especially a startup, reaps from the rewards of having a Fractional Chief Operating Officer on staff is innumerable and vastly outweighs that cost. You’re bringing top-notch leadership and strategy into your business—the same leadership and strategy that a company with 10x...