It’s Halloween and the enterprise value specialists at Ceibass have gotten together again for a review of what scares them.
“One of the scariest things in these unusual times is uncertainty, lots of unknowns out there like war, interest rates, recession, labor issues, and proposed new legislation. Top performing companies deal with uncertainty by focusing on what they can control,” said Tom Fochtman, Ceibass CEO. “This includes things like concentrating on customer satisfaction, employee engagement and development, developing new offers and celebrating successes. It also means getting back to the fundamentals and paying close attention to your key metrics so you can adjust when needed.”
In addition to uncertainty, what other things put a chill down the spine of the collective team at Ceibass? Here’s a partial list:
- Supply chain issues
- Not preparing a business for sale
- Due diligence with sloppy books
- Weak management teams
- 87,000 new IRS agents
- The media
- Attention placed on unimportant things that takes attention away from important things
- Going to the gas pump
- Lack of diversity and inclusion
- Putin
- Mid-terms
- Not having a business ready for sale when opportunities arise
- Management teams that lack respect for their workers
- Not staying current with technological obligations
- Hurricanes, tornadoes, wildfires, water shortages
- The Inflation Reduction Act’s ability to reduce inflation
- Buying groceries
- Xi Jinping
- Rising interest rates
- Lack of civility
- Rising crime
- Arrogance
- Absence of continuous learning
- Entitlement
Happy Halloween!
