It is going to be EPIC! Those words are going to be my mantra for the next several years, well…for my lifetime! You see I am not satisfied with leading an ordinary life, I want to be extraordinary! When I die someday I want the world to be a better place because I was here. I don’t necessarily want massive tributes to my name, my aspirations to greatness have little to do with acknowledgement. I want to live a life with no regrets and nothing left on the table. As my uncle says, “I want to wear out.”
I may never be a Mother Teresa, a Mahatma Gandhi, or a Steve Jobs but I can affect all those who I meet. One of my aspirations is starting my law/wealth management firm. It came to me while I was working on a recent class I was taking about leadership and management. There were two companies mentioned in the textbook that attempted to merge because the one company had a lot of monetary assets and the other company had better management. The problem was the owners managed the respective companies very differently. The two did not mesh well and the managers that had been acquired through the merger left the company shortly afterwards.
It occurred to me that it is not uncommon for a company to be so entrenched in their own policies, procedures, ideas, etc., that they may not be able to see the trees from the forest so to speak. They are in essence too close to the problem to identify what needs to be done to fix it. What I’d like to do is rate them financially, legally, culturally, etc., and show them areas they may improve or avoid problems in the future. By being an independent third-party I can be impartial with no hidden agenda. I can give them honest unbiased feedback to improve their company in a myriad of ways.
For instance, there is an article on LinkedIn that talks about companies that lay off employees just to help their bottom-line. Now when I say bottom-line, I mean these companies made a rather sizable profit. They were in no way at risk for insolvency. In my opinion this is a short-sighted means to an end. Sure the stock holders may appreciate the temporary gains, however if I were investing in a company I would avoid companies that layoff employees in such a way. How can customers and investors trust a company that does not seem to want to take care of their employees? A company that doesn’t have employees (or quality ones for that matter) doesn’t exist! Sure that company may show a quarterly profit, but what about long-term value?
If you want talented, hardworking, creative employees you cannot cast them aside just to show a larger profit. If I were advising these companies I would most certainly recommend against such a short-sighted maneuver. Employees are assets, if you invest wisely you will have returns for years to come not just quarters.
I want to help show those types of companies that ethically (and financially if possible) that it would be more helpful to keep the employees and cut costs in other ways to improve their bottom-line, and not lay them off. I have assisted other companies in the past in similar ways, however I would like to do it permanently as a business.
If I can help improve the company’s financial position, legal position, or culture then I can help employees to not only keep but also enjoy their work even more. In short I want to take a holistic approach to improving a company.