Executive mentoring and coaching

When we talk to companies about setting in place strategies for growing their business, invariably we get asked the question 'can you give me the skills to get there'. As entrepreneurs we can be so involved in running the business in a hands-on way that we reach a stage where our management and delegation skills need to kick in, so as to allow the business to grow and to give space for the entrepreneur to focus on the things that drive the business forward.

We have developed a unique Executive mentoring and coaching course that works with the senior team of the company to help them move the business to the next level. The type of things that we focus on include:

• Making sure that the business has a clear vision and purpose over the next 3 years.
• Working with the individual to understand the issues that they are working with on a day by day basis.
• Understanding their role to their staff and creating management strategies to improve the staff's performance so that things get done.
• Provide them with tools and techniques to plan and execute projects
• Helping them to understand their strategic role as a Director and owner and ensuring the skills are imparted to help create and execute strategy.

The key aspect of our role is to impart all the skills and experience of our expertise in growing and turning around companies around the world; and apply it to your business.

We work with individuals on a one-on-one basis every two to four weeks over a 3-5 month period. Once you have the skills then we will leave you to execute your plan and revisit you in a period of time that is agreed. Companies that have used this approach have seen individuals productivity esculate, staff energised and focus and more importantly busines profitabilty increased.

Contact us for more details on info@wsqsolutions.com

Or see how we have helped to use our expertise in growing a number of businesses in this way on our website www.wsqsolutions.com/casestudies.htm

Recession Business Strategies

'If you fail to plan, you will plan to fail'. Another quote to inspire us all to always regularly review where our business is going and to identify what can be done to ensure that it stays on track. Managing a business in a downturn can be a rollercoaster activity but there are some best practice principles that if adopted can help to ensure that you have the plans in place to manage through this difficult phase.

Our top tips are:

*Review all expenditure and keep a tight squeeze on cash leaving the business. Ensure all expenditure is aligned to customer or business generating needs.
*Work with your top customers on understanding their business and their needs. Better to be in a proactive situation to respond rather than reacting to a competitor's offer.
*Accelerate any product or service development plans. New products will always do well in a recession as they help to build and protect market share.
*If you are feeling the crunch on cash flow then talk to your bank and suppliers early. Again, nobody wants to be comfronted with last minute surprises.
*At the same time discuss continuity of raw materials or products from suppliers. Ensure that they are financially healthy, and if not, identify additional key suppliers to minimise business risk.
*Do not get the business at any cost. Know your margins and ensure that you communicate robustly the value of the proposition to your customers. Differentiating yourself from your competitors is essential in a price-driven recessionary marketplace.

If you want to access more top business tips then please download our latest newsletter from our website on the link below.

http://www.wsqsolutions.com/