Shop Talk Series
Welcome to the EBITDA Growth Systems’ (EGS) webinar series that we call “Shop Talks”.
“Shop Talks” were designed to provide owners of small-to-medium sized manufacturing organizations to come together in a more informal setting to discuss some of the challenges that we are all facing.
Each “Shop Talk” is free and will be limited to 8 participants in order to remain true to the original small group design.
The following are brief descriptions for the first three “Shop Talk” topics. Feel free to select and join the “Shop Talk” that best suits your current needs.
Shop Talk #4
What’s your number?
July 16, 2020
“What’s Your Number?” Business owners should be thinking about the necessary steps that prepare them for a successful & profitable exit. This session will cover the following topics:
- Where are you at now and what steps are you taking to get you to your desired “number”? What is the current gap?
- How much is your company worth?
- How much cash will you need to fund the retirement
that you desire?
Many experts recommend that working adults plan to have 70-80% of their pre-retirement income to use in retirement. We will debunk myths and misconceptions about valuation, investment strategies, and calculations that should help you plan for a profitable & successful exit.
Shop Talk #5
Closing the Gap
August 5, 2020
|Closing the Gap
This topic is designed to engage with Baby Boomer business owners, and to get them thinking about the steps necessary to prepare for a successful exit.
|Once the business owner has identified the gap between what they will need for retirement and the current valuation of their company, they will need to develop a plan to close it.
To close the gap:
1. Must identify True North
2. Invest in your People
3. Have repeatable Processes
4. Sustain a healthy Culture
Shop Talk #6
Planning for Execution
August 12, 2020
Planning for Execution
|Business owners don’t plan to have “survival profits”; they get “survival profits” because they don’t plan to get “thriving profits”!|
|We are going to explore a working definition of a plan.
We are going to explore the important role that planning plays in enabling the business owner to step out of the “whirlwind” and work on the business (Urgent/Important Matrix).
We are going to explore the important role that planning plays in moving the business owner well beyond “survival profits” to experience the life changing impact of “thriving profits”.
Shop Talk #7
September 2, 2020
Shop Talk #8
Understanding Interpersonal Communications
September 9, 2020
Shop Talk #9
October 21, 2020
Shop Talk #10
Overcoming Barriers to
October 30 , 2020
Shop Talk #11
Conflict & Confrontation
November 3, 2020
|Conflict and confrontation often occur together. Neither is very pleasant, but both are part of our working and home lives. In fact, conflict and confrontation typically arise from a perceived difference in goals and objectives – which takes us back to ground zero.
In other words, documenting the mission/vision/values, goals and objectives for the organization is only the beginning. The stakeholders “own” them only after refining them through the energy and intensity that is generated by conflict and confrontation. In this context, conflict and confrontation is good.
|Explore conflict and confrontation – how to anticipate it, identify it and handle it.
Explore the following concepts related to conflict and confrontation:
· Myths about Conflict
· Why Conflict is critical
· Constructive/Destructive Conflict
· Reactive/Proactive Conflict
· Steps for Handling Conflict