Our clients choose us because of our breadth and depth of experience and our customized approach that is client specific. Our clients continue working with us because of the results they see and the value they receive from our services. In short, our clients choose us because we are truely client focused.
Most owners of privately held companies successfully grow their business with expert knowledge of their product or service. However, a point is often times reached where they are either unable to grow the business further or unable to successfully manage it because the business has outgrown their management knowledge and business skills.
Sales and marketing, cash flow, customer service, employee relations, operating discipline, financial management, and long range planning become over bearing and the owner often is not sure of what to do.
This can result in an owner becoming frustrated, tired, or feeling trapped in a business. Their hard work is not providing the quality of life they wanted, they expected, or they deserved. Their lack of certain skills or available time limit their ability to accomplish the goals and dreams they had set for themselves. This can have dramatic short-term and drastic long-term affects.
Business owners who have successfully worked “in the business” now need to learn how to work “on the business”. Owners working “in the business” become enslaved to their business and have little hope to free themselves from the daily pressures the business creates.
The business begins to take on its own direction, running the owner instead of the owner running the business.
Working “on the business” is providing leadership, management, direction, planning, organization, operating disciplines and financial controls.
Dr. Charles Garfield, team member of NASA’s historic moon landing recalls, “The Apollo moon flight was off-course 90 percent of the time between earth and the moon,”…” But Apollo had feedback mechanisms that allowed it to make rapid course corrections.”
New Vector Business Associates, Inc. helps business owners define their destinations and chart a proper course. We teach business owners how to efficiently reach the destination by following the course charted. We install systems that measure when they are off course and the processes necessary to get them back on the right track to reaching their goals. In short, we help them learn how to work “on the business” as opposed to working “in the business”.