Entries by Cindy Praeger

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Rhythm of Work™ – The Strategic Framework

Posted by Cindy Praeger on Mon, Feb 1, 2021 @ 05:56 PM
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Topics: Strategy Execution, Whitepapers

The 5Cs: A Framework to Drive Change and Alignment Successfully [Webinar]

Posted by Cindy Praeger on Mon, Feb 1, 2021 @ 03:11 PM

Learn the 5Cs to drive change and alignment successfully in your organization. (55 minute webinar)

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Topics: Webinars

Getting Back to Business: Top Ideas to Create Your Go-Forward Plan [Webinar]

Posted by Cindy Praeger on Mon, Feb 1, 2021 @ 03:07 PM

Need inspiration? Learn top ideas to create your go-forward plan. (1hr 3 minute webinar)

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Topics: Webinars

The Rhythm Platform: Keeping Remote Teams Focused on the Work that Matters [Webinar]

Posted by Cindy Praeger on Mon, Feb 1, 2021 @ 03:03 PM

Learn how the Rhythm platform keeps remote teams focused on the work that matters all year long (53 minute webinar)

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Topics: Webinars

Intelligent Work: How mid-market CEOs confidently execute their growth strategies & win [White Paper]

Posted by Cindy Praeger on Mon, Feb 1, 2021 @ 02:32 PM

In an era of rapid and continuous disruption, the old ways are not agile enough to keep up. CEOs need something new to move their companies faster and win. Companies that correctly implement Intelligent Work Platforms have seen revenues grow over 100% year over year. Since this top-line growth comes primarily as a result of better execution of an already good strategy, these companies saw proportionate increases in their bottom lines as well.

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Topics: Whitepapers

Overcoming the Hurdles of Growth [White Paper]

Posted by Cindy Praeger on Mon, Feb 1, 2021 @ 01:29 PM

Scaling a company is one of the greatest challenges a CEO faces. You are likely no exception. CEOs find they can no longer directly manage all of their employees, so they start organizing their companies into departments and assigning department managers. Then the culture begins to shift and change and silos begin to form. 

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Topics: Whitepapers

Master Electronics Achieves Over 100 High-Impact Growth Initiatives with Rhythm [Client Spotlight]

Posted by Cindy Praeger on Fri, Nov 13, 2020 @ 10:14 AM

A better way to scale a family-owned business

How Master Electronics grew from 160 to 450 people by empowering them to make decisions without family input

Riad Nizam is the President of Master Electronics, a leading authorized distributor of electronic components. When Master Electronics became our client over six years ago, they were doing well as a company but it was hard to scale. Without a tool like Rhythm, they would start with a plan but four weeks later, lose momentum. 

In order to scale, Master Electronics had to:

  • Build a culture of trust to empower their employees to make decisions without having the family last name
  • Track their plan and stay focused on the activities that drove their growth initiatives
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Topics: Strategies for Growth

Rhythm Helps Drake Forecast Better to Meet Customer Deadlines [Client Spotlight]

Posted by Cindy Praeger on Wed, Nov 11, 2020 @ 10:30 AM

A Better Way to Forecast Customer Growth

How a manufacturing company improved their ability to forecast when production needed to ramp up to meet customer demand

As a provider of custom-built machines that help food processing companies load frankfurters, sausages, cheese sticks and other products, Drake has to forecast when customer demand arises so they can have all of the appropriate teams and resources in place (engineering, welder, machinists, etc.) in order to meet their deadlines.

George Reed, Executive Vice President and Chief Operating Officer, shared that sales forecasts, expenses and hiring plans were historically determined once a year during their annual budgeting and forecasting process.

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Topics: Strategy Execution

Departmental Silos: The Silent Productivity Killer [New Research]

Posted by Cindy Praeger on Wed, Sep 30, 2020 @ 11:04 AM

Written by Cindy Praeger and Eskinder Assefa

Departmental silos in business are organizational units that should operate as specialized components of the proverbial ‘well-oiled machine’ but, unfortunately, almost always wind up operating increasingly in isolation of the rest of the company and will often end up in turf wars.

Organizational units created to provide excellence in some functional area inevitably grow to the point that they become more or less independent of the rest of the company. That, in turn, leads to fragmentation, destroying synergy with the rest of the organization and, at the same time, wasting resources by replicating expertise and data found elsewhere in the company choking the flow of information and making most cross departmental projects failures.

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Topics: Strategies for Growth, Strategy Execution

The CEO's Business Strategy Execution Gap... And How To Close It

Posted by Cindy Praeger on Mon, Aug 24, 2020 @ 10:44 PM

Written by Cindy Praeger and Eskinder Assefa

A fairly significant body of research now clearly shows that the reason why a number of mid-to-large companies face is not that their strategies were not sound, but because they were unable to create a culture of strategy execution to perform well on those otherwise sound strategies.  Successful teams bridge the strategy to execution gap through Intelligent Work.  

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Topics: Strategies for Growth, KPIs & Dashboards, Strategy Execution

Growth Goals: Does Your Organization Have The Right Rhythm of Work To Achieve Them?

Posted by Cindy Praeger on Thu, Apr 30, 2020 @ 11:03 AM

Blog written by Cindy Praeger & Guest Blogger, Eskinder Assefa

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Topics: Strategies for Growth

Middle Market M&A: 3 Ways Top Executives Make the Most of it (SlideShare)

Posted by Cindy Praeger on Fri, Jan 3, 2020 @ 11:00 AM

It was my pleasure to present a webinar last week with our partners, ACG, SunTrust, and the National Center for the Middle Market, on a topic that keeps many of our clients up at night - how to maximize M&A as a growth strategy. As the exclusive research report provided by the National Center for the Middle Market shows, for many executives, M&A feels like a big risk. Few have experience acquiring a business or selling off part of their business, and the statistics are against them - depending on which study you read, somewhere between 50-90% of acquisitions fail. So, if you are considering mergers and acquisitions as part of your growth strategy, you have good reason to be cautious.  

However, there are some proven ways to increase your chances of success. We’ve seen these patterns play out several times with our clients over the last decade, and we want to share the National Center for Middle Market’s research and our insights into how you can beat the odds and succeed with your acquisition.

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Topics: Mergers & Acquisitions

Advice for a Rapidly Growing Business

Posted by Cindy Praeger on Sun, May 7, 2017 @ 12:00 PM

According to Fortune, “The Kauffman Foundation and Inc. Magazine conducted a follow-up study of companies five to eight years after they had appeared on the magazine’s list of the 5,000 fastest-growing companies. What they found was startling: about two-thirds of the companies that made the list had shrunk in size, gone out of business, or been disadvantageously sold."

If your business is growing rapidly, you might feel as though you are losing control of steering the ship.

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Topics: Increasing Sales, Strategy Execution

Announcing Rhythm 4.0

Posted by Cindy Praeger on Tue, Apr 25, 2017 @ 09:00 AM

We are incredibly excited to announce Rhythm 4.0! Rhythm 4.0 is designed for flawless execution. It is built specifically for the challenges mid-market companies face in this ever-changing business landscape.

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Topics: Strategy Execution

Wait... The Cost of Silence in an Organization is How Much?

Posted by Cindy Praeger on Tue, Jan 31, 2017 @ 09:00 AM

Recently, we held a webinar with VitalSmarts about Crucial Conversations and its effect in the workplace. I was astonished to learn about the staggering cost of silence in an organization. As Chase McMillan pointed out, there are two immediate responses to conversations involving high stakes, strong emotions, and opposing views: violence and silence. "Silence starves the discussion; it decreases the collectively IQ of the group. There is less buy-in for the discussion,“ Chase noted.

According to a VitalSmarts survey, the problem is much more pervasive than one would think. 72% of workers fail to speak up when a fellow worker fails to pull their weight. 68% don't speak up when they see someone disrespected, and 55% fail to speak up when there is confusion about decision rights. Silence is not only pervasive, but it's also extremely costly. Each failed conversation costs an average of $7500 in time and resources , and employees waste seven days or more.

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Topics: Strategy Execution, Accountable Leaders & Teams

Why Rhythm Systems is One of the Best Places to Work in Charlotte (Video)

Posted by Cindy Praeger on Thu, Dec 8, 2016 @ 09:00 AM

I was ecstatic when I learned that Rhythm Systems was being recognized as one of the best places to work in Charlotte. I would also love to congratulate all the other winners, including our long-time client, AvidXchange. Our team ranked 7th in the Charlotte Business Journal Best Places to Work Program this year! In my mind, this award has been a long time coming. When Patrick Thean and I started this company ten years ago, we made a conscious effort to make our workplace inviting and fun!

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Topics: Strategy Execution, Accountable Leaders & Teams

How Do Your Customers Really Feel? (Infographic)

Posted by Cindy Praeger on Thu, May 26, 2016 @ 09:00 AM

Clearly, you love your clients, but do they love you back?

If you're like me, you really enjoy working with your clients. You may even feel like you have developed personal relationships with them. But, when it comes to how your clients feel about you, your team and your company, you need data, not just a gut feeling.

There is a major difference between having a relationship with a client and having a client who is satisfied with the work your company is providing.

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Topics: Increasing Sales, KPIs & Dashboards

Storm Proof: A Texas Business Responds to Hail Damage

Posted by Cindy Praeger on Fri, Apr 15, 2016 @ 09:00 AM

When storms blew through San Antonio on April 12, baseball-size hail smashed homes,
businesses—and cars. Lots of cars. 

As the storm blew in, the service team of Principle Auto Group was away from the business—on a leadership retreat at a ranch with no cell service. About 10:30pm, the team walked to their cabins and into an area with cell coverage.

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3 Steps to Draft a Winning Team (Infographic)

Posted by Cindy Praeger on Sun, Apr 3, 2016 @ 12:00 PM

As the NFL draft approaches later this month, you might take some time to consider your own team. Do you have the right team in place to produce legendary results? High performance teams start with careful planning - as a leader, you must figure out how to bring your strategy, execution and players' skills together to win.

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Topics: Accountable Leaders & Teams

4 Tips for a Great New Team Member Experience (Slideshare)

Posted by Cindy Praeger on Wed, Dec 30, 2015 @ 09:00 AM

Bringing in a new team member successfully can be tricky. After all the time and resources you spent hiring the right person, be sure to invest in creating the right onboarding experience for your new hire.

Doing this right is good for everyone - it helps you retain the new person, maintain good team health, and prevent increased stress of bringing a new hire up to speed.

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Topics: Accountable Leaders & Teams

We Love Our Blog Subscribers - Valentine's Gift

Posted by Cindy Praeger on Fri, Feb 13, 2015 @ 09:00 AM
Thank you so much for reading our blog.  It is our pleasure to share content that we hope you enjoy and find helpful on your journey to grow your business with purpose. One of our core values is "be appreciative" and so we wanted to pause and appreciate you, our blog readers!
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Topics: Strategy Execution, Accountable Leaders & Teams

Great News! Rhythm Book in 280 Barnes & Noble Stores!

Posted by Cindy Praeger on Sat, Oct 18, 2014 @ 12:00 PM
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Topics: Strategy Execution

Special Blog: Congratulations Patrick!!

Posted by Cindy Praeger on Sun, Mar 9, 2014 @ 12:00 PM

Special Blog: Congratulations Patrick!!

From: The Rhythm Systems Team

 
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Topics: Strategy Execution

3 Secrets Why Elite Companies Grow When Others Fail

Posted by Cindy Praeger on Fri, Mar 7, 2014 @ 09:30 AM

Only 2% of companies ever reach the $10 million revenue mark, the elite 2%.  What are these companies doing differently? 

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Topics: Strategy Execution

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