Page 124 - Sorry, We're Not Hiring Any Visionaries Today
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SORRY, WE’RE NOT HIRING ANY VISIONARIES TODAY
Here again are the 10 major reasons for small business failure along with questions surrounding these issues through the lens of the three tests:
1. CAPITAL AND CASH FLOW PROBLEMS
Values Test: In what ways do your core values influence your decisions when facing financial risks and challenges? How do you balance your ethical stan- dards with financial necessities?
Clifton Strengths: Considering your top strengths, how can you strategically manage financial risks and cash flow? What strengths are most beneficial in financial decision-making?
Kolbe Test: How does your instinctive problem-solving approach impact fi- nancial planning and risk management? Are you more inclined towards con- servative or aggressive financial strategies?
2. LACK OF EFFECTIVE PLANNING
Values Test: How do your personal values, such as reliability, innovation, or flexibility, shape your planning process? Do you prioritize long-term goals over short-term gains?
Clifton Strengths: Which of your dominant strengths aid in creating effective business plans? Do you have a natural inclination towards foresight and stra- tegic planning or do you excel in adapting to situations as they arise?
Kolbe Test: How does your natural modus operandi influence your planning style? Do you prefer detailed, step-by-step planning, or do you excel in adapt- ing on the go?
3. INEFFECTIVE MANAGEMENT SKILLS
Values Test: What management style aligns with your core values? Are you driven by collaboration, integrity, or innovation in your management ap- proach?
Clifton Strengths: How do your individual strengths play into your manage-
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