Speaker and family business expert John Davis made this comment as he addressed the St. Thomas Center For Family Enterprise: "When I introduce the concept of making the B.O.S.S. successful all heads turn towards the father. I announce to the father he has just been demoted, and that the real boss around here is four [...]
With almost 30 year's experience I think I can safely say I know something about Preneed selling and marketing. Sadly, it has been my experience that most independent funeral homes practice a form of benign mediocrity in which everyone fails to reach their potential but they all love working together. "Happy Failures" is what we [...]
Equalize Price Points to Crystallize Personal Relevance. This is the first recession to show a measurable impact on DeathCare. Most surprising have been the many reports from rural and "rustbelt" funeral directors that cremation has recently spiked, not because people in their markets want cremation but BECAUSE THEY CAN'T AFFORD BURIAL. YIKES!!!! A recent article [...]
Recently I read something that triggered an insight. In my Funeral Home Consulting practice it is clear that businesses don't just suddenly spin out of control. Except in the rare case of disruptive innovation like an unconventional competitor, calamity does not occur overnight. "Things" start happening well before the challenges are apparent. Almost all of [...]
I am an accountant. As I have watched the financial metrics of funeral service continue in their long slow decline over the past 30 years my natural response was "make it up in volume." But then I had the good fortune to get my hands dirty. I actually managed a funeral home and worked along side [...]
On my office wall I have framed photos of three men. If I asked you what they have in common I anticipate I would get many different answers but, for me, there is only one answer. Each, in his own way, despite significant personal tragedy and unimaginable public pressure and emotional stress understood the importance [...]
With all the hype about our nation's pending FISCAL CLIFF, I was recently asked when we could expect funeral service to reach it's fiscal cliff. For a number of years now it seems that if it weren't for bad news we wouldn't have any news at all. Rumor has it that Batesville was reporting last [...]
There is a level of neglect in our profession that will (and is) causing too many to approach the end of their careers facing great disappointment, forcing the postponement of retirement or spending retirement much more humbly than anticipated. It is too dangerous to be considered benign. Dangerous, certainly, at the individual firm level. [...]
Selling a business is a highly practical exercise wrapped in a thick emotional blanket. Much like the grief cycle we know so well in DeathCare there are stages that are common and, if you know about them, you can prepare. The more prepared you are the better you will be able to negotiate what you [...]
A problem, certainly not unique to DeathCare but just as certainly profoundly prevalent, is an artificial sense of professionalism. Born out of defining success by what people might think of us, it blocks our ability to succeed by making us unwilling to "Stoop To Greatness". I just received this two page post from Patrick Lencioni's [...]
