When CEOs reach out to us, it is often on account of their impossible never-ending task list overwhelming their physical and mental states. CEOs describe to us that they’re spending hours in meetings, followed by a list of to-do’s, and generally do not get to their email until late in the evenings. This notorious overwhelm...
Automated business systems are implemented to effectively streamline operations, speeding them up while simultaneously providing real time measures and progress. As the digital revolution continues to advance and accelerate how we conduct business, manual efforts have gradually become our worst enemy. For those companies still relying on paying their suppliers manually, their inefficient practices continue...
Automating your business processes is a critical step in scaling growth and expansion. There are so many different opportunities that arise through automation. There are still a large amount of business specific tasks that need individual attention to continue prospering. Business process automation helps those individual minds focus on their specific talent areas instead of...
Franchise consultants are excellent resources for prospective franchisees. They help guide you through your complex decisions as you choose among myriad franchise options. Historically, franchise consultants have helped franchisors develop and expand their business model, but this one-sided approach is shifting into a more comprehensive model. Today, franchise consultants provide additional benefit to those seeking...
There are two options when purchasing assets with a useful life of greater than one year. 1) Expense 2) Capitalize Capitalized assets are referred to as fixed assets and represent tangible property and equipment with a useful life of more than a year (except collection items and assets held for investment purposes) that meet or...
When you miss deadlines, you lose customers. This fact is evident across all industries and throughout various sectors, whether you are in the business of delivering food, shipping products, or performing installation services, customers anticipate that you will deliver your product/service on time. Fortunately, to avoid delivery-related delays and interruptions, two proven scheduling strategies exist...
The past two years have brought forth many universal challenges leaving many of us struggling with our mental wellness. While society continues to make strides in breaking down the stigma of mental health, there is still much work to be done. Today marks World Mental Health Day 2021; to honor this day we are doing...
There are many reasons to leave a job. Perhaps you decide to explore opportunities for a better career path or you feel that it’s time to pivot and explore a new career altogether. You may feel the need to resign due to a toxic work culture or even something like a schedule conflict. Regardless of...
When was the last time someone took an objective look at your business – evaluating your strategy, deciding whether it’s still the right strategy, seeing whether your operations are in line with your strategy and objectively examining your financial results? If your answer is “not recently,” then it may be time for a strategic, operational...
Probably the biggest headlines today are those attributing to the global power outages of popular social media apps such as Instagram, Facebook, and Whatsapp. These consumer favorite platforms used by businesses to collaborate with others and easily communicate with their consumers have fallen into widespread technical difficulties. While these major conglomerates continue working to reload...
Can you believe it? Today is the first day of October – and this officially commences the nation-wide acceptance to embrace the holiday season. Whether your workplace has already set up decorations, you’re currently in the process, or have yet to begin, Halloween decor can be a fun-yet appropriate- contribution to the office. There is...
Leading an entire business or even just a specific department is a tough job, you rely on your teammates to tell you the truth so that you can make decisions and feel confident in what is going on. While most of your employees will repay your trust with honesty, some will occasionally mix in a...
The exorbitant volume of work recruiting is stressful under normal circumstances, and practically impossible in the era of Covid-19. Between shortlisting, administration, interviewing, reviewing, etc., additional time seems to dwindle, and the applicable expenses see a sudden spike. All of this; only to be at the mercy of candidate no-shows at the time of interviewing...
Whichever business stage you are in at this very moment – startup, established, high growth – you have been faced with many tough situations up to this point, situations which have challenged your drive while simultaneously teaching you valuable lessons. While our team of business strategists at MCDA CCG believe in the power of personalization,...
Product market fit describes the event that a company develops a proven offering, whether through sales and other metrics, to meet the needs of a specific customer base. Product market fit is critical for long-term business success, and serves as a significant milestone for startups. It provides validation for the company’s offering — and for...
Now that fall is upon us, the fourth quarter is right around the corner. As the year winds down, now is the time to prepare your small business for Q4 success, and for the year ahead. As you are well aware, the fourth quarter is full of extra holidays, which means businesses like yours will...
We all love the idea of bonuses because “extra” or “free” stuff is incredibly hard to pass up. It’s the reason we get excited as consumers, and also why they intrigue us when considering a job offer. However, bonuses come with a lot of caveats, too. Understanding how they work and why they’re provided in...
Let’s flash back to the beginning of last year: while business seemed to be running normal at the start, steady changes in consumer behavior and a flood of unusual headlines serve as an indicator to the event no one expected. Jump a few months further, we suddenly began closing the doors of our businesses and...
More than likely, you are reading this here hoping to gain insights into the objectives of performance management. If so, you might know what performance management actually means. To the uninitiated, performance management is simply described as: A continuous process that seeks to identify, measure and develop workforce performance. Using our best guess and a...
This has become a very common question with our clients of late. You may be wrestling with the question of whether or not to mandate a Covid-19 vaccine policy in your business. As with any situation it is best to understand all of the factors that arise from maintaining a safe work environment. Lets review...
Supply chain segmentation refers to a process where suppliers and customers are segmented into groups depending upon certain factors. Such segmentation allows supply chain management the ability to allocate resources appropriately to meet the needs of different supply chain segments. Supply chain segmentation is not new. In the 1980’s, Peter Kraljic developed a two-by-two matrix...
When the internet began establishing itself among society and businesses followed by refining their processes to fit a digital world, you were right along with them. The truth is, those who not only adapted, but strategically leveraged the modern behavior are in a much stronger position than those who lingered-or opted out entirely. The same...
With a dramatic societal shift to online shopping, ecommerce businesses today are thriving in the ability to sell their products on the internet. However, a substantial increase in opportunity brings a significant increase in competition as well. Because of this, it’s imperative that ecommerce businesses set themselves apart with high quality customer service, products, competitive...
What initially started out as a platform for communities to share their voices, celebrate life achievements, and connect with others, has now exploded into a new method for businesses to reach their customers. Without a doubt, every business joining the social media world hopes to gain traction and see immediate success from it, so what’s...
The world of today and our future, the internet has followed a 50 year journey of steady growth, and the Covid-19 pandemic has emphasized the unique capabilities it can provide businesses. As of this moment, your chance of strengthening your business success relies on your ability to build and sustain a reputable online presence- the...
