What's the Score in your Business?

Imagine you are the coach of a football team. You’ve assembled a team of talented players, carefully scouted the opposition and have a solid game plan. You arrive at the stadium fully prepared and confident – this is a game you should win.

Now imagine that you are the only person on your team that can see the scoreboard. While the game is in progress, none of your players knows who’s winning and by how much. They can’t even see the time remaining or the down and distance without running over to the sidelines and conferring with you. How do you feel about your chances now?

Like great sports teams, great businesses often need more than the best players and a good game plan to compete at the highest level. They also need to run on relevant and useful information – not the feelings, personalities and egos that tend to drive a lot of entrepreneurial organizations.

Read More of this article - part IV in my series for the BGM Wealth Management Newsletter.