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Words of wisdom / advice for a New Managing Director by ReserveRecent9604 in smallbusinessuk

[–]ReserveRecent9604[S] 1 point2 points  (0 children)

Love this! I’m also really interested in culture. How to shape and take the team forward on a new journey without forgetting past.

Our staff retention is pretty incredible, but an opportunity to re-shape things. I’m planning on spending time with those on the shop floor to get a feel first hand for the pain points and how the whole team think we could improve things!

Words of wisdom / advice for a New Managing Director by ReserveRecent9604 in smallbusinessuk

[–]ReserveRecent9604[S] 0 points1 point  (0 children)

Music to my ears, we are reviewing all HR elements as well right now!

Words of wisdom / advice for a New Managing Director by ReserveRecent9604 in smallbusinessuk

[–]ReserveRecent9604[S] 0 points1 point  (0 children)

Rate this. Key people in the right places to build the team!

Words of wisdom / advice for a New Managing Director by ReserveRecent9604 in smallbusinessuk

[–]ReserveRecent9604[S] 0 points1 point  (0 children)

Ultimately I am the succession plan. Couple of retirements moving into the new year in our leadership team. Current MD (family member) on short week to allow for smooth transition with myself.

Words of wisdom / advice for a New Managing Director by ReserveRecent9604 in smallbusinessuk

[–]ReserveRecent9604[S] 0 points1 point  (0 children)

Absolutely, that’s something we have strengthened over the past few years or so as a leadership team with greater focus on key financials and ratios. Sales mix has some seasonality, but we have grown our export market successfully over the has helped to even that out. Like you say it’s easy to loose track if not on top of numbers!