Sponsored by
IPA-IBA North America

International Profit Associates

Three Transformations Every Business Owner Must Make to Join the Ranks of the Best Managed and Most Profitable Companies in Business Today

  1. You must transform yourself from technical expert to master strategist.
  2. You must transform yourself from an instinctual decision-maker to a fact-based decision-maker. The key to success in business is to manage by fact rather than expediency:
    • Gather information
    • Weigh the costs and benefits
    • Assess the risk
    • Take action
  3. You must transform the business from a partnership model to a functional responsibility decision-making model. The person with functional responsibility must make all the decisions within their area of responsibility. Owners should be involved only when the risks are high.