When are owners thinking of selling their business and what are the challenges they face when preparing to sell? These questions and others were answered during a NASGW sponsored webinar conducted by Growth Strategy Partners, Munitions Law Group and The Hickory Group.
News
Growth Strategy Partners LLC has advised the owner of Hexmag, a leading designer and manufacturer of magazines for the modern sporting rifle platform, in its sale to Sentry Products Group.
What is my business worth? When is the best time to sell it? How do I maximize its value?
If you are like many business owners in the shooting sports industry, you may be asking yourself these questions plus many more. The good news is the National Association of Sporting Goods Wholesalers along with Growth Strategy Partners, Munitions Law Group and The Hickory Group are going to answer them for you for free!*
Growth Strategy Partners, in association with the National Association of Sporting Goods Wholesalers, conducted a webinar on Improving Fill Rates While Decreasing Costs with Sales and Operations Planning. The purpose of the webinar was to educate shooting sports industry executives on the benefits of S&OP and how to implement it in their businesses.
Growth Strategy Partners is presenting three webinars for the Kentucky Procurement Technical Assistance Center. These webinars will be on the 7 Keys to Growth, Getting the Right Seats with the Right People and Differentiating Your Products and Services. These sessions will occur from April 14 through May 19. To learn more visit http://kyptac.com/
Growth Strategy Partners was invited to participate in the XPX Summit to share with attendees how its client, J&G Foods, transformed itself from breakeven to a 5X operating profit in 2 years!
The National Association of Sporting Goods Wholesalers, in association with Growth Strategy Partners LLC, is pleased to announce a webinar designed to help shooting industry companies grow their businesses. The topic of this session is “2 Tools to Improve Strategic Planning Success!
Defined goals for organizations and people are used to set direction and improve performance. But how many companies, and the people within these companies, have strong goal setting programs? A recent poll identifies that a minority of organizations actually have strong goal setting programs.
Growth Strategy Partners, a management consulting firm accelerating the revenue, profit and organizational performance of privately held companies, conducted a webinar last month on Goal Setting for Executives and Individual Contributors. Through polls of attendees, they discovered that most companies and leadership teams do not have defined goals.
The attendees were mostly CEOs and senior executives of privately held organizations. When asked how many had defined goals: 28% responded to having goals at the company level and only 8% responded to having goals at the leadership/executive level. When asked how many had goals at other levels of the organization, the following results were found:
- 24% for directors or managers
- 16% for supervisors
- 24% for all employees
“It is surprising and disappointing to see that a minority of companies and leaders have defined goals”, states Christopher DiCenso, Managing Partner of Growth Strategy Partners. “We know through our research and experience that organizations which have defined goals for the company as well as most people in the organization, outperform those who do not.”
A poll was also taken to identify what the top challenges were in building a goal setting program:
- 43% described being in the middle of implementing their program
- 35% identified making it a priority
- 13% identified company culture/leadership not promoting goal setting
- 4% identified not having company goals so setting individual goals was a challenge
- 4% identified not knowing how to develop a goal setting program
Throughout the 30-minute session, Growth Strategy Partners shared some of the tools they use to build successful goal setting programs; such as goal cascading, the ‘sandwich’, levels of performance, the executive matrix, and the 2-page individual contributor sheet. The webinar was recorded and can be viewed through this link http://growthstrategypartners.com/resources/videos-2/
Growth Strategy Partners is a management consulting firm accelerating the revenue, profit and organizational performance of privately held companies by applying its research driven 7 Keys to Growth. To learn more visit www.GrowthStrategyPartners.com
Setting Goals for Executives and Individual Contributors Webinar
Every person in a company should have goals to achieve, yet more often they don’t. Why? We’ve found that leaders have a hard time trying to define ‘good’ goals. Therefore they just don’t set them. It is true, though, that when good goals are set, the individual and the company excels! Watch this 30 minute webinar to identify how to set executive and individual goals.
In this CEO interview session, we speak with Greg Mooney, the CEO of STI International, a high end 1911/2011 handgun manufacturer. To be a successful CEO, Greg shares with us the need for vision, communication, building a strong team, letting go and understanding that employees are not like you.