No one becomes a fully mature leader overnight. We all develop our leadership potential over time through exposure to increased responsibilities, frequent leadership experiences, and unfortunately, repeated failures. Although there are many different paths to leadership, there seems to be a predictable path that all of us go through...
By Douglas Stimple CEO of Classic Cos. Do you believe our community needs to take more decisive steps to create, attract and retain jobs for our residents and families? If you are one of the 79 percent of our residents who indicated such a belief in a recent community poll, an...
The good news is economists have signaled that nationally the recession ended at the end of the second quarter of 2009. And, Colorado Springs fared even better, with the local recession ending at the end of February. However, most middle market companies are not yet seeing the benefits. High unemployment and...
As the leaves transform into inviting shades of yellow and red, and the cold rolls in with the promise of winter, it should serve as a reminder that an important time of the year is upon us. And I’m not talking about the holiday season. Fourth quarter is open enrollment...
The Rocky Mountain ADA Center is one of 10 federally-funded technical assistance centers in the United States tasked with providing information, training and guidance on the Americans with Disabilities Act. Located in Colorado Springs, we provide services in a six-state region: Colorado, Montana, North Dakota, South Dakota, Utah and...
It’s common to hear “marketing” and “sales” used interchangeably. In reality, they each have distinct characteristics. Business owners need to know the difference and have a strategy. To put it simply, marketing encompasses everything you do to reach and engage prospects. Marketing is typically a media-driven function, and eight components...
Everyone seems to be cutting back on the niceties of life these days. While cutting expenses to the bone can be good for business and has almost become a requirement, the trouble surfaces when expense cuts negatively impact the customer experience. Middle-market companies that strive for excellence in customer service set...
The most significant gift that any manager can give is the consistent commitment of quality one-to-one time with others. Most of us know that quality time is a necessity in the home, and the principle applies equally to any significant relationship — including in the office. We all are stretched...
How do you change an entire culture? Especially if it happens to involve 5,000 very busy healthcare employees spread out over multiple hospitals, outpatient facilities and support offices? Adventist Midwest Health did it by starting with simple, concrete actions that could be implemented and talked about by every employee. Adventist...
It is no secret that the high cost of fuel is affecting consumers, but middle market companies are no less immune to the impact of higher energy costs. There has been a push for several years to become greener by reducing the amount of energy businesses consume. The spike in energy costs has accelerated that process. Now it is both socially and economically advantageous to become more energy efficient at the office.
You started your small business, rented space, hired a manufacturing or sales staff, stocked your inventory and are ready to open the doors. Aren’t you forgetting something? Who’s going to do the bookkeeping? As the business owner, you plan on doing the bookkeeping yourself, so you head to the local office supply store and purchase QuickBooks, Microsoft Small Business Accounting or some other accounting package.
Business cannot thrive on cost cutting alone. At some point you have to sell more products or services to grow. Finding new ways to increase sales, enter new markets or grow sales without adding staff can be a challenge to middle market companies. Growth can be capital intensive and it takes time to fully realize a return on that investment.