business transactions: making the most of an opportunity for positive change

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Business Transactions: Making the Most of an Opportunity for Positive Change

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Page 1: Business Transactions: Making the Most of an Opportunity for Positive Change

Business Transactions:  Making the Most of an Opportunity for Positive Change

Page 2: Business Transactions: Making the Most of an Opportunity for Positive Change

Think of an example where the business performed at a high level post‐transaction.

Page 3: Business Transactions: Making the Most of an Opportunity for Positive Change

What factors led to the success?

Page 4: Business Transactions: Making the Most of an Opportunity for Positive Change

Lessons Learned from the Search Fund Model

Business For Sale

Page 5: Business Transactions: Making the Most of an Opportunity for Positive Change

What would happen if every member of the team knew where the company is going 

and why?

Page 6: Business Transactions: Making the Most of an Opportunity for Positive Change

“If they don't weigh in, then they won't buy in.”

– Pat Lencioni

Page 7: Business Transactions: Making the Most of an Opportunity for Positive Change

How do we create clear linkages between my job and the company goals?

Page 8: Business Transactions: Making the Most of an Opportunity for Positive Change

A Picture is Worth a Thousand Words . . .

Page 9: Business Transactions: Making the Most of an Opportunity for Positive Change

IN CASE YOU WERE WONDERING, THIS IS NOT A PICTURE . . .

Page 10: Business Transactions: Making the Most of an Opportunity for Positive Change

Software Tools Can Help

Page 11: Business Transactions: Making the Most of an Opportunity for Positive Change

Embrace Radical Transparency

Page 12: Business Transactions: Making the Most of an Opportunity for Positive Change

Establish a Frequent 

Goal Setting Rhythm

Page 13: Business Transactions: Making the Most of an Opportunity for Positive Change

“3.5X More Likely to be in 

the Top Quartile of 

their Industry.”

Page 14: Business Transactions: Making the Most of an Opportunity for Positive Change

Bottoms Up & Cross                     Functional Approach to Goals

Page 15: Business Transactions: Making the Most of an Opportunity for Positive Change

Talent Development & Coaching

“If we treat people as they are, we make them worse. If we treat people as they ought to be, we help them become what they are capable of becoming.”— Johann Wolfgang von Goethe

Page 16: Business Transactions: Making the Most of an Opportunity for Positive Change

Deep Domain Knowledge

Page 17: Business Transactions: Making the Most of an Opportunity for Positive Change

Willingness to Repeat Hard Things, Even After Initial Failures

Page 18: Business Transactions: Making the Most of an Opportunity for Positive Change

Push Themselves Just Beyond Their Current 

Capabilities

Page 19: Business Transactions: Making the Most of an Opportunity for Positive Change

"Organizations tend to assign people based on what they're already good at, not what they need to work on." 

‐ Geoff Colvin

Page 20: Business Transactions: Making the Most of an Opportunity for Positive Change

Developmental Goals

"The best performers set goals that are not just about the outcome, but about the process of reaching the outcome." 

Page 21: Business Transactions: Making the Most of an Opportunity for Positive Change

Deliberate Practice

Page 22: Business Transactions: Making the Most of an Opportunity for Positive Change

3‐3‐1 in 15 minutes

•What’s working?•What’s not?•One goal

Page 23: Business Transactions: Making the Most of an Opportunity for Positive Change

Let’s Connect

Dan Griffiths is the Director of Strategic Planning at Tanner, a CPA firm based in Salt Lake City. He provides strategic and business planning, business coaching, and leadership development. Contact Dan at: [email protected] connect with him on LinkedIn: www.linkedin.com/in/dangriffithscpa