In this episode, we speak with a seasoned Fractional CFO veteran about the real costs that many companies do not see that become the real reasons for decreased profit margins.
Our guest today, Drew Lyon is the founder and managing partner of Focused Energy. Over the past 12 years, Drew has helped numerous companies in assessing the real issues that hurt companies as they go through growth and maturity phases.
Drew gives great wisdom on the importance of hiring and maintaining the Top 20% of employees, motivating the middle 50% and moving the bottom 30% out of the business.
Drew states that the most important pre-planning for companies in growth mode is actually the post-planning of what you want your company to be after growth phases or M&A activity.