Fast Growth Causes Far Too Many Problems

By: Jenn LeVineSun, Mar 12, 2017 @ 12:00 PM

This is exactly why Rhythm was created! Fast growth causes far too many problems.

I was reading the news on my lunch break today, and I was shocked to find out that Nasty Gal, formerly a vintage store on eBay transformed into a multi-million dollar online retailer, was bankrupt! WHAT?? What could have happened? I was intrigued because the founder, Sophia Amoruso, was a Spotlight Speaker at HubSpot’s Inbound15 that I attended. At the time, she was the fastest growing online retailer in the country! Her whole story is just so interesting. She came from nothing. She had a creative vision and built a brand that was popular with millennials. She caught the attention of Silicon Valley, Forbes named her “Fashion’s New Phenom,” and she even wrote a book, #GIRLBOSS.

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Topics: Strategic Planning, Execution, Rhythm, Execution Planning

3 Easy Ways to Add Videos Into Your Marketing Strategy

By: Deb ColsonFri, Feb 24, 2017 @ 09:00 AM

Our marketing team agreed that we needed more videos on our website at our Q3 planning session in 2016. As you know, being Red or Yellow on a priority is not an option. So, we needed to find the best solutions for our decision to get this done. 

After reading the blog “Why you need to focus on Video Marketing in 2017” – I knew we had made the right strategic decision. So, I thought I would share 3 different ways we were able to get excellent videos.

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Topics: Strategic Planning

Richard Branson's Risk Taking Strategy

By: Alan GehringerSun, Oct 16, 2016 @ 12:00 PM

I have this great book I picked up ten or so years ago titledThe Book of Entrepreneurial Wisdom edited by Peter Krass. It is full of short excerpts from some of the greatest entrepreneurs of our time. I pick it up from time to time when I need a bit of inspiration. This time, I turned to the chapter Richard Branson wrote on “Risk Taking.” I have long been a fan of Sir Richard and the approach he takes to life and business. I thought I would summarize the key points he makes. Richard Branson has won on a lot of the bets he has made and lost on a few as well. One thing for sure, he is not afraid to take risks, and he has a strategy for how he goes about it. 

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Topics: Strategic Planning

Supportive Catalytic Mechanism: Your Brand

By: Cathy McCulloughSun, Aug 14, 2016 @ 12:00 PM

I recently worked with an executive team who had just gotten an incredible new account. Once the excitement settled in, they realized how crucial it was for them to begin to demonstrate their competence and expertise. It was, in their eyes, what would put them on the map relative to their future growth goals

To me, their opportunity was to solidify their brand. They said they really hadn’t thought of it that way. While they should have been working to build their brand anyway (which to a point they had been) they never looked at their organization as a “Brand.”

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Topics: Strategic Planning

How to Leverage Your Core Competencies to Create a Competitive Advantage

By: Alan GehringerSun, May 22, 2016 @ 12:00 PM

I have helped many companies identify their core competencies through the years, and doing this can really make a difference in the products or services you provide to your customer. Core competence is a concept introduced by C.K. Prahalad, professor at the University of Michigan, and Gary Hamel, management expert and founder of Strategos. They define it as “a harmonized combination of multiple resources and skills that distinguish a firm in the marketplace.”

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Topics: Strategic Planning, Think, Core Competencies

Vision-Casting: A Leader's Job

By: Cathy McCulloughTue, Mar 15, 2016 @ 09:00 AM

Max DePree noted, “Management has a lot to do with answers. Leadership is a function of questions, and the first question for a leader always is: 'Who do we intend to be?' Not 'What are we going to do?'”

Vision is easy for some of us; it’s much more difficult for many others. For leaders who have a natural tendency for big picture thinking, creating a vision might not be so hard. Yet, these types of leaders can have trouble expressing a focused vision. On the other hand, for leaders with a natural tendency for the here-and-now, day-to-day tasks that need to get done, moving toward the seemingly esoteric world of vision-casting can be daunting.

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Topics: Strategic Planning, Leadership

Cooking with Rhythm and Project Plans

By: Liz McBrideWed, Sep 23, 2015 @ 09:00 AM

I’m often asked where Project Plans fit with Rhythm. To answer this question, I’d like to invite you into my kitchen.

I love to cook. I get inspired from what looks good in the store or from recipes and then create my own spin. Maybe my pasta will be zucchini noodles and the sauce could be thickened with mascarpone cheese.  I know what the dish should look and taste like but there are several ways to get there.

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Topics: Strategic Planning, Execution

3 Ways to Shake Up Your Planning Session (Video)

By: Tiffany ChepulTue, Sep 22, 2015 @ 09:00 AM

Having been with Rhythm since 2010, I have some teams that have done over 20 consecutive quarterly planning
sessions. Can you imagine the dedication that takes to never have missed a quarterly planning session in 5 years? It amazes me every quarter to see these teams relentlessly commit to planning as a team - they are completely inspiring! It makes me proud to see so many of them reaping the rewards of solid rhythms and being recognized on the Inc. 5000 list.

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Topics: Quarterly Planning, Strategic Planning

How Do I Know When the Timing is Right to Sell My Business?

By: Guest BloggerSun, Aug 16, 2015 @ 12:00 PM

We would like to introduce you to our guest blogger, Kenneth Marks of www.highrockpartners.com. Kenneth is an entrepreneur and subject matter expert in mergers, acquisitions and financing of emerging growth and middle market companies. He is the founder and Managing Partner of High Rock Partners, Inc.sell-my-buisness

This is a reprint from my interview with Divestopedia.

Historically, at a high level, we know that the M&A market runs in cycles. Understanding the broad market as to where we are in the overall M&A cycle is step one. But, that’s not always the best indicator. That’s only one element of understanding when it’s right to sell.

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Topics: Strategic Planning

Is Your Execution Really Connected to Your Strategy? (Infographic)

By: Tiffany ChepulWed, Jun 10, 2015 @ 09:00 AM

Do you ever worry that your employees are just showing up to work day after day, building widgets, and not understanding or caring how what they do impacts your company's future? Do you have a hard time visualizing how your long-term strategic items like your BHAG and your Winning Moves will be implemented or connected to the day-to-day operations of your business?

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Topics: Strategic Planning, Execution