business survival in 10 cs
TRANSCRIPT
22nd July 2015
Slides available on EI FaceBook page via SlideShare
Mini Master Class:Business Survival
10 Cs
Bruce Wade
When does a business fail?
Phase 1 Phase 2 Phase 3
Phase 4 Phase 5
Creativity
Direction
Delegation
Co-ordination
Collaboration
Leadersh
ip
Autonomy
Control
Red Tape
Age of Organisation
Org
an
isati
on
Siz
e
Greiner’s Growth Model
Survival Strategies• Cash Flow– Contain unnecessary expenses– Confirm outstanding orders with customers– Collect all overdue payments– Consolidate debts where possible
Survival Strategies• Contracts– Cancel unnecessary contracts– Cap staff appointments– Cover all legal requirements
Survival Strategies• Coaching– Contact assistance agencies– Contract mentorship– Collaborate with others
Quote
“Don't stop at the first obstacle; have endurance to keep on going and you will succeed.”
Robert A. Schuller
