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Mike Straza, a fractional CFO and COO, discusses his approach to helping businesses overcome operational challenges and achieve growth. With a focus on a 90-day engagement process, Mike emphasizes the importance of understanding a company’s current state, identifying pain points, and implement...
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Mike Straza, a fractional CFO and COO, discusses his approach to helping businesses overcome operational challenges and achieve growth. With a focus on a 90-day engagement process, Mike emphasizes the importance of understanding a company’s current state, identifying pain points, and implementing actionable solutions. He shares insights on the significance of experience in consulting, the necessity of leadership willingness to change, and the challenges faced in business growth, particularly regarding cash flow management. The discussion highlights the value of bringing in external expertise to complement existing leadership and drive organizational success.
Takeaways
- Mike Straza specializes in helping businesses overcome operational challenges.
- A fractional CFO can provide expertise at a fraction of the cost.
- The 90-day engagement process is designed to diagnose and treat business issues quickly.
- Experience is crucial in consulting; seasoned professionals deliver faster results.
- Leadership willingness to change is essential for successful consulting engagements.
- Cash flow management is a common issue for many businesses.
- Consultants should empower employees to enhance their operations.
- Understanding the company’s health is the first step in the consulting process.
- External consultants can provide an unbiased perspective on organizational issues.
- Building strong client relationships is key to successful consulting.
Keywords
business consulting, fractional CFO, operational efficiency, cash flow management, leadership development, business growth, consulting process, client relationships, problem-solving, organizational change
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