The key is to identify the “right” actions for you and your goals. bailey.jewelryThis is something I spend a lot of time evaluating with my clients — we want to make sure they are investing their time in the correct activities. For some it is making calls to clients, for others it is spending more time face to face.
Great Hill Partners' model, predicated on leveraged financing ultimately led to the need for further restructuring. With the economic downturn in 2008 and a heavy debt load, the company struggled with repeat turnover of CFOs, usaautoship and the dismissal of the founder and CEO. On August 17, 2009, LECG Corporation announced that it has entered into definitive agreements to merge with SMART. At the end of the day, it’s a contact sport; you must act.
One of the keys to being productive and purposeful is to be strategic about how you approach your days. One thing I teach in my classes is to fall in love with your goal, but to work on the strategy. comedysafedriverIt is the strategy, the true actions and fundamentals, that will get you to your goal.
As mentioned above, we need to look at what is working and what is not working. When we reflect, we can gain key insights so we can adjust our mindset and also future actions to make sure we are in the correct zone and areas of focus. Lastly, you need to make sure you know where your time is moneymaketnews going. We all have been granted the gift of 168 hours a week — how do you use yours? After all, we do not get rollover minutes in life as we do with our cell phones. Think about how many hours you want to invest in your work week and then determine the highest and best use of that time.
Are the activities the best way to leverage and use my time? The wrong clients who do not trust you and your process can cost more time and money down the road. The merged entity of LECG/SMART was liquidated in March 2011 as the company was unable to service its debt obligations going forward. The only way we know if we are making progress is to measure our actions and results. When we measure,ttdownloads we gain awareness as to what is working for us and the activities that are not working or yielding the results we want. Armed with this information we can then pivot or make adjustments to get us into the right activities to reach our results.
SMART was founded in 1988 by James J. Smart, primarily as a tax and audit firm. SMART grew rapidly growing to one of the 20 largest accounting and consulting firms in the U.S. From 1998 to 2007 under Mr. Smart's leadership, the company enjoyed a compound annual growth stikwood rate of 40%. In 2002 with the hire of disenfranchised Arthur Andersen personnel, SMART offerings broadened to include business advisory and consulting services. In 2007, Mr. Smart led a recapitalization and sale to Great Hill Partners, a Private Equity group.