Deeply troubled businesses don't usually seek help... Why?

Many small to mid-sized businesses that need help the most are least likely to ask for it. Why? The most critical issue centers with the owner or manager. Small wonder that owners of troubled businesses tend to shy away from seeking help from the outside. They know that they will have to do some serious self examination. This, according to Richard Farson, author of Managing the Absurd, which is required reading for Executive MBA candidates.

I could not agree more. I have worked with many entrepreneurs, owners and senior managers of small and medium sized businesses. Some of the most skeptical and change resistant leaders have been those of companies who's positions in the market have degraded or are stagnating at best.

Please share your thoughts with Dennis at dennisparis@tangerinestrategies.com