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Add You - Emergency Operation
Construction Factoring - Financing For SubContractors process, as understanding what went wrong was the basis of the action plan that could help rectify the situation.One of the biggest challenges for construction subcontractors is meeting payroll. Paying employees and suppliers is often hard because get paid 30 to 60 days after they submit their invoices.Whether we like it or not, this is the way things are done in the construction industry. And, unless the subcontractor has a large cash reserve, waiting 60 days can be close to impossible. Especially with the never ending payroll responsibilities.Going to the bank to get a business loan or line of credit won’t help much. Banks are notorious for not lending money to subcontractors. Furthermore, banks usually require at least 2 years worth of audited financial statements showing a profit, and their loans can take weeks or months to get setup.There is an alternative. This al In the second week, we worked out the action plan that he would present to his management to show that he would change the way he was working so he can merit the satisfaction of his superiors. T o o L a t e Unfortunately, it turned out that some key people in the organization completely lost their faith in Marc—they did not believe that he would be able to change and work successfully in his position. Hence, they were actually looking for Marc’s mistakes to have more reasons to terminate him. We realized that the ultimatum was a wish of the top management who wanted to give him a last chance, while his direct superior already “wrote him off.” In this situation, it was impossible to succeed. The coaching process started after he had reached the point of no return. After we realized that (3 weeks from the start of the coaching), we focused on his time after the ultimatum. Overall, Marc’s feedback on the benefits of coaching was as follows: The coaching helped him stabilize mentally and emotionally. The coaching came too late to save his job, b Six Figure Success-How Coaches Can Build the Ideal Business and Profits T h e U l t i m a t u mContinuation of Six Figure Success, part one. Steps five through eight.5. Surround yourself with excellence.Find resources that empower you, including coaches and mastermind teams. Peak performers will tell you over and over again that they achieve their biggest successes with the support and encouragement of the people they're surrounding themselves with.Develop and increase your expertise in all aspects of business management including planning, financials, marketing, customer service and sales. People tend to focus on what they do best. Consultants consult. However, at some point, sustaining growth in any business will require shifting resources away from providing 100% services all of the time. You should spend 40% of your time consulting, 10% of your tim A couple of months ago, Marc (name changed), a manager in his early 40s, called me and said: "I need your help! My superiors told me today that I get another 6-week trial period and if by then I can't show a good performance, I will be fired." He sounded quite panicky and outraged, which is not surprising in such a situation. First, I helped him to calm down so that he would be able to think clearly and rationally. Typically, my clients get coached 2 to 4 times per month. However, as this was a true emergency case, we decided to set up 2 coaching sessions per week for the first 3 weeks and then review the situation again. It turned out that he started this job less than 6 months ago and that in the first 2 to 3 months, everything seemed to develop well. And then all of a sudden, according to him, everything turned against him: * His boss stopped communicating properly with him, bypassed him time and again, and even annulled orders that Marc had given to his staff, thus completely eroding Marc's authority in his department. * His staff expressed deep dissatisfaction to Marc's boss, who was the interims manager of this department for almost a year before Marc came on board. They complained about Marc's lack of technical competence and his leadership style. * Colleagues from other departments became more and more skeptical about his competence and ability to perform the job, being reflected in the style of the internal communication (He showed me email where colleagues wrote things like "… when will you ever understand who is taking care of these kinds of issues?"). W h a t H a p p e n e d ? Looking at Marc's career, we see a person who made his way up from the bottom. His two previous positions gave me a clear indication about the root causes of the problem: - In his second to the last position, he was working in the export department of a medium-sized company and was responsible for the sales of a certain region. He had no personnel responsibilities in this position. - In his last position, he was responsible for setting up a sales network in Europe for a US company. At the end of this appointment, he had four staff members reporting to him, all recruited by him. His boss in the US was mainly interested in the sales figures, which he successfully increased. The US team hardly got involved in what he was actually doing to achieve those. That means, he: ... never had to "take over" existing staff. As a consequence, he assumed that his new staff would accept him as their boss in the same way the people he employed accepted him in his previous job. He did not realize that he first has to earn the respect of his staff. ... never worked as a manager in an existing organization. He underestimated the cultural aspects, as well as the dynamics and politics involved, of a grown management team. ... as a manager, never had to work closely with his boss. Because he didn't want to do anything wrong, he initially did not make any decisions, but always asked his boss how to handle things. Worse than that, he did not even prepare possible solutions but plainly asked what he should do. Now, it suddenly became crystal clear to him what went wrong and that the reaction of his boss and his team was not something which happened suddenly, but that it was an inevitable consequence of his behavior. Unfortunately, his boss was not the type who gives constant feedback on what's good and what he should improve. Instead, he was just waiting whether Marc's behavior would change over time and got more and more upset and disappointed when it did not happen. E m e r g e n c y A c t i o n Unfortunately, I entered very late in the process and it was clear to me that the chances of “saving” Marc were not good. As always, when I coach people in difficult situations, my first target is to get them to calm down and put some distance between them and their turmoil, to enable them to think more clearly and rationally. I encourage them to first air their frustrations, anger and other strong emotions they may have in that situation. Marc and I spent half of our first session doing this activity and I could feel how Marc calmed down afterwards and started to think more logically. As a next step I asked Marc to describe his current situation and what led to it. Of course, in the beginning Marc could not understand how this could have happened to him. He always had good intentions, worked hard and “did nothing wrong to deserve” it. Only when I asked him to clarify in detail what happened did Marc start to understand what “he did wrong” and what led him to this difficult situation. That was a key element of our coaching process, as understanding what went wrong was the basis of the action plan that could help rectify the situation. In the second week, we worked out the action plan that he would present to his management to show that he would change the way he was working so he can merit the satisfaction of his superiors. T o o L a t e Unfortunately, it turned out that some key people in the organization completely lost their faith in Marc—they did not believe that he would be able to change and work successfully in his position. Hence, they were actually looking for Marc’s mistakes to have more reasons to terminate him. We realized that the ultimatum was a wish of the top management who wanted to give him a last chance, while his direct superior already “wrote him off.” In this situation, it was impossible to succeed. The coaching process started after he had reached the point of no return. After we realized that (3 weeks from the start of the coaching), we focused on his time after the ultimatum. Overall, Marc’s feedback on the benefits of coaching was as follows: The coaching helped him stabilize mentally and emotionally. The coaching came too late to save his job, bu A Serious Warning to Business Owners r almost a year before Marc came on board. They complained about Marc's lack of technical competence and his leadership style.Over the past 19 years, I have worked with thousands of business owners in Africa, Canada and the United States. I foresee serious financial adversity looming for many entrepreneurs in the coming years, and perhaps a lot sooner than we may think. And before you conclude that this is mere speculation, let me share some reasons for my concern, and then allow me to offer you a solution.On a macro level, we all know that the dollar’s purchasing power has declined. The “world’s reserve currency” is in trouble. America slips further into debt. Since the end of the gold standard in 1971, this has escalated. With cheap labor increasingly available in India and China and a huge influx of new immigrants into the US and Canada, with the Canadian economy heavily dependant on the US, p * Colleagues from other departments became more and more skeptical about his competence and ability to perform the job, being reflected in the style of the internal communication (He showed me email where colleagues wrote things like "… when will you ever understand who is taking care of these kinds of issues?"). W h a t H a p p e n e d ? Looking at Marc's career, we see a person who made his way up from the bottom. His two previous positions gave me a clear indication about the root causes of the problem: - In his second to the last position, he was working in the export department of a medium-sized company and was responsible for the sales of a certain region. He had no personnel responsibilities in this position. - In his last position, he was responsible for setting up a sales network in Europe for a US company. At the end of this appointment, he had four staff members reporting to him, all recruited by him. His boss in the US was mainly interested in the sales figures, which he successfully increased. The US team hardly got involved in what he was actually doing to achieve those. That means, he: ... never had to "take over" existing staff. As a consequence, he assumed that his new staff would accept him as their boss in the same way the people he employed accepted him in his previous job. He did not realize that he first has to earn the respect of his staff. ... never worked as a manager in an existing organization. He underestimated the cultural aspects, as well as the dynamics and politics involved, of a grown management team. ... as a manager, never had to work closely with his boss. Because he didn't want to do anything wrong, he initially did not make any decisions, but always asked his boss how to handle things. Worse than that, he did not even prepare possible solutions but plainly asked what he should do. Now, it suddenly became crystal clear to him what went wrong and that the reaction of his boss and his team was not something which happened suddenly, but that it was an inevitable consequence of his behavior. Unfortunately, his boss was not the type who gives constant feedback on what's good and what he should improve. Instead, he was just waiting whether Marc's behavior would change over time and got more and more upset and disappointed when it did not happen. E m e r g e n c y A c t i o n Unfortunately, I entered very late in the process and it was clear to me that the chances of “saving” Marc were not good. As always, when I coach people in difficult situations, my first target is to get them to calm down and put some distance between them and their turmoil, to enable them to think more clearly and rationally. I encourage them to first air their frustrations, anger and other strong emotions they may have in that situation. Marc and I spent half of our first session doing this activity and I could feel how Marc calmed down afterwards and started to think more logically. As a next step I asked Marc to describe his current situation and what led to it. Of course, in the beginning Marc could not understand how this could have happened to him. He always had good intentions, worked hard and “did nothing wrong to deserve” it. Only when I asked him to clarify in detail what happened did Marc start to understand what “he did wrong” and what led him to this difficult situation. That was a key element of our coaching process, as understanding what went wrong was the basis of the action plan that could help rectify the situation. In the second week, we worked out the action plan that he would present to his management to show that he would change the way he was working so he can merit the satisfaction of his superiors. T o o L a t e Unfortunately, it turned out that some key people in the organization completely lost their faith in Marc—they did not believe that he would be able to change and work successfully in his position. Hence, they were actually looking for Marc’s mistakes to have more reasons to terminate him. We realized that the ultimatum was a wish of the top management who wanted to give him a last chance, while his direct superior already “wrote him off.” In this situation, it was impossible to succeed. The coaching process started after he had reached the point of no return. After we realized that (3 weeks from the start of the coaching), we focused on his time after the ultimatum. Overall, Marc’s feedback on the benefits of coaching was as follows: The coaching helped him stabilize mentally and emotionally. The coaching came too late to save his job, b Is Silicon Valley Over-charging for the Products They Produce? ed in what he was actually doing to achieve those.Erupting from the mind are often debates of challenges and issues plaguing mankind. Caught up in the sound and fury you can hear folks get worked up, by the mass media hysteria as they spar with jaded opinions jousting one another. Of course at the Online Think Tank cooler heads prevail and indeed the topics are highly intellectual spanning subjects in nearly every domain.Recently the topic came up with regards to patent piracy of Computer Software and Hardware. One Think Tanker asked in so many words; Is Silicon Valley Over Charging for The Products They Produce?Well, in a way they are over charging, so that all the players get paid; R and D, Venture Capitalists, Entrepreneurs and workers with a outrageous cost of living there (micro-economic disaster). But remembe That means, he: ... never had to "take over" existing staff. As a consequence, he assumed that his new staff would accept him as their boss in the same way the people he employed accepted him in his previous job. He did not realize that he first has to earn the respect of his staff. ... never worked as a manager in an existing organization. He underestimated the cultural aspects, as well as the dynamics and politics involved, of a grown management team. ... as a manager, never had to work closely with his boss. Because he didn't want to do anything wrong, he initially did not make any decisions, but always asked his boss how to handle things. Worse than that, he did not even prepare possible solutions but plainly asked what he should do. Now, it suddenly became crystal clear to him what went wrong and that the reaction of his boss and his team was not something which happened suddenly, but that it was an inevitable consequence of his behavior. Unfortunately, his boss was not the type who gives constant feedback on what's good and what he should improve. Instead, he was just waiting whether Marc's behavior would change over time and got more and more upset and disappointed when it did not happen. E m e r g e n c y A c t i o n Unfortunately, I entered very late in the process and it was clear to me that the chances of “saving” Marc were not good. As always, when I coach people in difficult situations, my first target is to get them to calm down and put some distance between them and their turmoil, to enable them to think more clearly and rationally. I encourage them to first air their frustrations, anger and other strong emotions they may have in that situation. Marc and I spent half of our first session doing this activity and I could feel how Marc calmed down afterwards and started to think more logically. As a next step I asked Marc to describe his current situation and what led to it. Of course, in the beginning Marc could not understand how this could have happened to him. He always had good intentions, worked hard and “did nothing wrong to deserve” it. Only when I asked him to clarify in detail what happened did Marc start to understand what “he did wrong” and what led him to this difficult situation. That was a key element of our coaching process, as understanding what went wrong was the basis of the action plan that could help rectify the situation. In the second week, we worked out the action plan that he would present to his management to show that he would change the way he was working so he can merit the satisfaction of his superiors. T o o L a t e Unfortunately, it turned out that some key people in the organization completely lost their faith in Marc—they did not believe that he would be able to change and work successfully in his position. Hence, they were actually looking for Marc’s mistakes to have more reasons to terminate him. We realized that the ultimatum was a wish of the top management who wanted to give him a last chance, while his direct superior already “wrote him off.” In this situation, it was impossible to succeed. The coaching process started after he had reached the point of no return. After we realized that (3 weeks from the start of the coaching), we focused on his time after the ultimatum. Overall, Marc’s feedback on the benefits of coaching was as follows: The coaching helped him stabilize mentally and emotionally. The coaching came too late to save his job, b 3 Steps To Attracting More Clients With A Powerful Testimonial r Marc's behavior would change over time and got more and more upset and disappointed when it did not happen.How do you make a decision to purchase a service or product?Think back to the last time you made a decision to make a significant investment, be that something for your home or business life and the chances are that you not only tried out the product or service before you bought it, but you also asked the opinion of others.Let’s take for example purchasing a camera. Perhaps you asked a friend about their experience of a certain model of camera. You might have also researched the camera on the Internet or in magazines. You might even have gone into your local camera shop so you could ask the opinion of the camera expert in the store.In all these cases, you were seeking endorsements and opinions – in other words testimonials about the camera.When it come E m e r g e n c y A c t i o n Unfortunately, I entered very late in the process and it was clear to me that the chances of “saving” Marc were not good. As always, when I coach people in difficult situations, my first target is to get them to calm down and put some distance between them and their turmoil, to enable them to think more clearly and rationally. I encourage them to first air their frustrations, anger and other strong emotions they may have in that situation. Marc and I spent half of our first session doing this activity and I could feel how Marc calmed down afterwards and started to think more logically. As a next step I asked Marc to describe his current situation and what led to it. Of course, in the beginning Marc could not understand how this could have happened to him. He always had good intentions, worked hard and “did nothing wrong to deserve” it. Only when I asked him to clarify in detail what happened did Marc start to understand what “he did wrong” and what led him to this difficult situation. That was a key element of our coaching process, as understanding what went wrong was the basis of the action plan that could help rectify the situation. In the second week, we worked out the action plan that he would present to his management to show that he would change the way he was working so he can merit the satisfaction of his superiors. T o o L a t e Unfortunately, it turned out that some key people in the organization completely lost their faith in Marc—they did not believe that he would be able to change and work successfully in his position. Hence, they were actually looking for Marc’s mistakes to have more reasons to terminate him. We realized that the ultimatum was a wish of the top management who wanted to give him a last chance, while his direct superior already “wrote him off.” In this situation, it was impossible to succeed. The coaching process started after he had reached the point of no return. After we realized that (3 weeks from the start of the coaching), we focused on his time after the ultimatum. Overall, Marc’s feedback on the benefits of coaching was as follows: The coaching helped him stabilize mentally and emotionally. The coaching came too late to save his job, b Project Management Consulting process, as understanding what went wrong was the basis of the action plan that could help rectify the situation.Projects management consulting has amassed such popularity because of all the benefits it provides to those who seek the successful implementation of projects. This is despite the lack of the proper knowledge and skills in coming up with an effective and realistic project management plan. Basically, deciding to hire project management consultants makes the arduous task of coming up with project management plans easier. Aside from the planning process, project management consultants provide links to more industries related to the supposed trade for a more comprehensive approach on the project. Users are also assured of having the most recent information vital to the success of the project within their reach. Finding a credible project management consultancy firm ensures proper co In the second week, we worked out the action plan that he would present to his management to show that he would change the way he was working so he can merit the satisfaction of his superiors. T o o L a t e Unfortunately, it turned out that some key people in the organization completely lost their faith in Marc—they did not believe that he would be able to change and work successfully in his position. Hence, they were actually looking for Marc’s mistakes to have more reasons to terminate him. We realized that the ultimatum was a wish of the top management who wanted to give him a last chance, while his direct superior already “wrote him off.” In this situation, it was impossible to succeed. The coaching process started after he had reached the point of no return. After we realized that (3 weeks from the start of the coaching), we focused on his time after the ultimatum. Overall, Marc’s feedback on the benefits of coaching was as follows: The coaching helped him stabilize mentally and emotionally. The coaching came too late to save his job, but would have most likely helped him keep the job if it was started at a less critical stage. The coaching helped him understand what went wrong, what he could have done differently, and how to be more successful in the future. Copyright 2006 Progress-U Ltd.
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