Phil's Articles & Media
Every Church Regardless Of Size Needs A CFO
Every Church Regardless of Size Needs a Chief Financial Officer I once heard a good definition of a CFO, someone who solves a problem you didn’t know you had in a way you don’t understand. There is some truth in this statement but in actuality a CFO really looks to the future and helps you…
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Working Together
Working Together Principles and Practices I had the opportunity to hear Alan Mulally, former president of the Ford Motor Company, speak at a conference this past summer. The title of “Working Together” is his and his story is one that we can all learn from. Alan was the first outsider brought in to run Ford. …
Read More >Financial Intelligence
Owners do not start their businesses hoping to spend a lot of time on accounting and finance but rather to do what they do best. All owners, however, need to have a high enough level of financial intelligence to know they are making the best possible decisions for their business. In addition, the more financial…
Read More >The One Goal
Have you ever witnessed an organization operating at its peak performance? When this happened did you notice that all parts of the organization were pulling together for one stated goal? What causes an organization to operate like this? Why doesn’t it happen all the time? In my opinion, if you were to dig deeper, you…
Read More >Steven Covey – If Your Company Was A Soccer Team
Steven Covey – Harris Poll Steven Covey in his book The 8th Habit, which I highly recommend, quoted the results of a Harris Poll of 23,000 U.S. residents employed full time within key industries and in key functional areas as follows: Only 37 percent of those polled, said they have a clear understanding of what…
Read More >Strategic Planning Made Simple
Whether you are planning a personal strategy, a business plan or a production process, I have found that strategic planning follows the same steps. The first step in this process is to decide what is important. What is your mission, your vision, your values? What are the guiding principles you will use to filter every…
Read More >True North
What do you think of when you hear the term true north? The technical definition refers to the line up the earth that takes you directly to the North Pole. A compass on the other hand points you to magnetic north. So which is correct? How do you know where you are going? I would…
Read More >How To Change The Change Process
By Philip Elworth Three things need to happen at the same time if you want change to occur. You need to change the situation and you need to influence both the heart and mind of those who need to change. Kotter and Cohen say in their book The Heart of Change that real change happens…
Read More >The Three Things In Life You Can Count On
By Philip Elworth The old saying goes there is nothing in life you can count on except death and taxes. I would like to add to this statement something that is closely related. If you are a business owner you can also count on the fact that you will exit your business. How you exit…
Read More >Business Risk
By Philip Elworth Business risk has many facets and can come at a business owner from any directions. So what is business risk? Many owners would probably agree with WiseGeek.com which defines Business Risk as being, “The risk that a company will not have adequate cash flow to meet its operating expenses”. Unfortunately this definition…
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