in this issue May 2009

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Wayne Wilson & Company

  • is a business advisory services firm providing executive coaching and advisory services on growth-related issues to owner/CEOs of middle market companies, primarily companies in transition.
  • "Companies in transition" include companies seeking to enhance their value through improved business / operational / financial performance, as well as companies seeking higher revenue growth, new products or new markets.

Disclaimer

  • The material presented in this newsletter is intended for informational purposes only and it does not constitute accounting, tax or other professional advice. Please seek appropriate professional advice before acting upon any information presented in this newsletter.

« Has your company reached a "strategic inflection point"? | Main

Yogi Berra was right when he said...

      "This is like deja vu all over again."

      Companies in need of transitions frequently suffer from similar ills resulting from similar causes. Here are some of the more common story lines:

  • The world changed and they didn't.
  • What worked before doesn't work any more.
  • They stopped doing what was working.
  • The top people topped out personally.
  • Profits were taken without re-investing for the future.

      What else might we learn from Yogi about fixing the problem? 

                   
 

Yogi -

 

Translation -

 

"If you don't know where you are going, you might wind up someplace else."

  

Is the strategy right?

 
 

"Baseball is ninety percent mental and the other half is physical."

  

Do you have the right players?

 
 

"In theory there is no difference between theory and practice. In practice there is."

  

Are they executing the strategy correctly?

 
 

"The other teams could make trouble for us if they win."

  

Are you watching out for competitors?
 

"It ain't over till it's over."

  		 

Do you have the necessary staying power?

      Listen to Yogi and get going.

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