Container Store operates 59 locations, booked sales of $707m last year and six years ago sold a majority stake to a Private Equity House. CEO Kip Tindell was interviewed on March 21 by the WSJ. Key comments he made and my suggested actions for your business are highlighted in this post.
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These stories submitted by IanDSmith became hot on BizSugar
Could Weird & Quirky Help You Scale?
Posted by IanDSmith under StrategyFrom http://www.portfoliopartnership.com 4248 days ago
Made Hot by: sundaydriver on April 9, 2013 12:47 pm
Memo To Staff: Take More Risks (WSJ March 20)
Posted by IanDSmith under ManagementFrom http://www.portfoliopartnership.com 4252 days ago
Made Hot by: centrifugePR on April 8, 2013 4:26 am
The WSJ ran a great piece by Leslie Kwoh called Memo To Staff: Take More Risks highlighting the move by some CEOs to encourage staff to innovate, try things and to stop just surviving. Seth Godin’s latest book The Icarus Deception shouted a similar theme – we’re all flying too low! So how do you en
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The Dangers of Silo Thinking
Posted by IanDSmith under ManagementFrom http://www.portfoliopartnership.com 4258 days ago
Made Hot by: PMVirtual on April 1, 2013 4:23 am
This post sets out the key dangers of thinking and acting in departmental silos. The finance team produce accurate financial numbers but fail to report declines in operational ratios, units, and margins, robbing marketing & sales departments of powerful insights. Product launches are impeccably on
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Tweaking – A Road Map For Success
Posted by IanDSmith under StrategyFrom http://www.portfoliopartnership.com 4263 days ago
Made Hot by: BizWise on March 27, 2013 5:21 am
Malcolm Gladwell wrote a brilliant piece in The New Yorker last year diving into the new biography on Steve Jobs by Walter Isaacson. Gladwell highlights the role of Jobs as a tweaker of an idea, then a transformation of that idea into something better. This post explores the key role of Tweaking to
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Founders & The CEO Test
Posted by IanDSmith under ManagementFrom http://www.portfoliopartnership.com 4262 days ago
Made Hot by: bizyolk on March 25, 2013 8:26 am
You’ve built the business from scratch or acquired it when it was smaller and struggling. The business has grown under your efforts, passion and leadership. You believe you are the founder and they call you the CEO or President as a job title. The question is – what’s your performance profile toda
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10 Benefits of Acquisitions (especially for SMBs)
Posted by IanDSmith under StrategyFrom http://www.portfoliopartnership.com 4269 days ago
Made Hot by: DMDdistribution on March 22, 2013 3:22 am
It may seem to you as an owner of an SMB (sales $5m to $100m) that acquisitions are a big boy game. Nonsense. Parking money and post acquisition integration expertise, this post highlights the benefits to SMB owners of growing by acquisition.
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10 Questions To Ask Your CFO
Posted by IanDSmith under ManagementFrom http://www.portfoliopartnership.com 4267 days ago
Made Hot by: steefen on March 21, 2013 4:00 pm
Your top numbers person is also a key driver for improving your business but you need to realize it. You need to capitalize on that smart brain. Don't push your CFO/controller into a narrow role. Demand a wider agenda. Start by asking your CFO these 10 questions.
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How To Manage Inbound Sales Leads
Posted by IanDSmith under SalesFrom http://www.portfoliopartnership.com 4269 days ago
Made Hot by: Entrepreneurosaurus on March 20, 2013 3:14 am
Last month there was a very interesting blog post entitled - Help! My Sales Team Thinks Our Inbound Leads Suck. The post highlighted various tactics to deploy to change the sales team's attitude to embrace these beautiful things called inbound leads. Specifically it highlighted the need to treat th
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Sport & Business a Mental Game
Posted by IanDSmith under Self-DevelopmentFrom http://www.portfoliopartnership.com 4273 days ago
Made Hot by: sophia2 on March 15, 2013 4:22 pm
Whether you played sport at school, college or perhaps professionally you understand only too well how your mental approach often dictated success. This post explores why it matters.
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Serving First Selling Second
Posted by IanDSmith under SalesFrom http://www.portfoliopartnership.com 4271 days ago
Made Hot by: mikehartman1 on March 13, 2013 7:36 pm
In his latest book To Sell Is Human; Daniel Pink explores the concept of serving as a more effective mindset and approach for sales professionals to move prospects. He believes we are all selling in some way today. If you are trying to move others, you are selling. Specifically the research strongl
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