Leadership Strategies for Times of Uncertainty

by Granville Triumph We live in complex, often turbulent, times. Terrorism, violence, economic uncertainty and political brinkmanship — just to name a few of the issues we face — make it difficult to plot a long-range course for your business. How do you adjust your … Continue reading

Why Stewardship Is a Hallmark of Successful Leadership

by Granville Triumph In a recent interview, Russ Kinnel, Director of Mutual Fund Research at Morningstar, talked about stewardship. According to Morningstar’s research, he said, the best mutual funds are also good stewards. In fact, Morningstar assigns “Stewardship Grades” as one of the factors that … Continue reading

Calculating the Benefits of Technology Leasing

by Granville Triumph In my last post, I explained how even modest technology investments can help boost productivity, and offered three tips for maximizing the value of technology tools. Of course, many small to midsize businesses lack the capital necessary for large technology purchases, even … Continue reading

How to Leverage Technology to Boost Productivity

by Granville Triumph In a manufacturing environment, productivity is a critical factor of economic success. Defined as “the effectiveness of productive effort, as measured in terms of the rate of output per unit of input,” productivity determines whether the organizations is producing goods at an … Continue reading

What to Do (and Not Do) when Downsizing Becomes Necessary

by Granville Triumph In my last post, I discussed some of the risky aspects of business expansion along with the many positive results expansion can bring. Even well-planned growth can put unpredictable pressures on your staff, your business processes and your bottom line. At the … Continue reading

The Risks and Benefits of Business Expansion

by Granville Triumph No one is in business to get smaller, but there are also plenty of risks associated with business expansion. Your business may be humming along successfully at its current size, but growth puts pressure on your employees, processes, technology and finances in … Continue reading

The Value of a Financial Dashboard

by Granville Triumph It’s that time of year when organizations are closing the books on last year and gearing up for tax season. Accountants are busy preparing income statements, balance sheets and reports that show the organization’s financial position. All of those accounting functions play … Continue reading

Answering the Difficult Question: ‘How Much Does It Cost?’

by Granville Triumph The price applied to a product or service is one of the most critical decisions a business owner or manager makes. Pricing obviously affects the company’s profitability, but it also has an impact on sales and marketing, staffing levels, competitiveness and a … Continue reading

Why ‘Work-Life Balance’ Remains Elusive

by Granville Triumph Sheryl Sandberg, COO of Facebook and author of “Lean In: Women, Work and the Will to Lead,” famously said: “There’s no such thing as work-life balance. There’s work, and there’s life, and there’s no balance.” Human resources managers would disagree. According to … Continue reading

How Leaders Can Help Resolve Conflict

by Granville Triumph Conflict is inevitable. Whether born of miscommunication, misunderstanding, inflexibility or simple dislike, conflict is a natural part of the human experience. Within high-performing teams, conflict is even more likely to arise due to the strength of individual personalities and the drive for … Continue reading