Does Your Business have a Shared Vision?

Over the last several months, businesses have been impacted by COVID-19 in many ways. Some industries have been impacted more severely than others. Across the board, businesses have had to act and adjust like never before. Joe Paulsen with Pinnacle Business Traction would like to help you with ensuring that your company has the Traction it needs to overcome current and future challenges. The following is part two of a guest blog series where Joe will share tips on how you can gain traction in difficult times.  

Do you know what your organization will look like on 12/31/2021?  How about 12/31/2023?  How about at the end of 2030?  Is your vision clear to you and is it clear to all of your employees?  Just imagine if every one of your employees could vividly see your vision and are rowing just as hard as you are to get there.  How easy would your organization run and how confident would you be in achieving the results that are expected?   The Vision Key Component clarifies that question for you and everyone in your organization.  You and the rest of your leadership team currently all have a vision for your business, but there are likely differences.  We need to consolidate your individual visions to come up with the organization’s collective vision.  Once you have a vision of where the organization is heading, it makes the planning process much easier.  There are eight questions that need to be answered and agreed upon by your leadership team to have a great vision and plan:

What are your Core Values?

What is your Core Focus?

What is your 10-Year Target?

What is your Marketing Strategy?

What is your 3-Year Picture?

What is your 1-Year Plan?

What are your 90 Day Rocks (objectives)?

What are all other Issues for your organization?

Now that your vision and plan is written and agreed upon, we need to make sure that it is shared by everyone in your organization.  It will be critical that everyone can see where you are going and that they want to be a part of that journey.  We will talk more about this next week when we introduce you to the People Key Component.

Joe Paulsen and Pinnacle Business Traction’s passion is to Enrich the Lives of Entrepreneurs and Business Leaders in the Mankato area.  He has been implementing EOS since 2016 and has helped entrepreneurial organizations get everything they want from their organizations.  Please reach out to him if you are wanting more information or assistance:  joe@pbtraction.com (Meet Joe)

GMG is offering the best-selling book Traction – Get a Grip on Your Business to members wanting to learn more about the Entrepreneurial Operating System. Please email jsprague@greatermankato.com to schedule a time to pick-up your free copy at the GMG office.

MN Chamber Virtual D.C. Fly-in

This year’s Minnesota Chamber of Commerce “fly-in” is a virtual opportunity for business leaders to raise the visibility of Minnesota in our nation’s capital while exploring key issues integral to growing Minnesota’s economy and receive a timely update on business issues surrounding the pandemic. Participating business leaders have the opportunity to advocate and promote their own priorities with federal elected officials. All members of the Minnesota delegation have been invited and participants will have a chance to meet with their member of Congress by district in breakout sessions. The event will also feature key officials and agencies, and a trusted pollster, who can update on this year’s critical elections. Continue reading “MN Chamber Virtual D.C. Fly-in”

Payroll Deferral Guidance from the U.S. Chamber

The following blog was shared by the US Chamber of Commerce with its members regarding the recent changes to the payroll tax.

On Friday evening, August 28, the IRS released its first notice regarding implementation of the President’s executive order on payroll tax deferral. The document, which is just over two pages, can be found here: https://www.irs.gov/pub/irs-drop/n-20-65.pdf.

Continue reading “Payroll Deferral Guidance from the U.S. Chamber”

Zoom Meeting: Resources for Minority Business Owners

Starting or growing a young business can be challenging, but minority owners often face unique barriers to success. The Mankato Chapter of One Million Cups has put together a panel of people with experience working with and in diverse communities. Continue reading “Zoom Meeting: Resources for Minority Business Owners”

Grants for Nicollet County Businesses

Nicollet County CARES funding is being used to provide assistance to small for-profit and not-for-profit businesses in Nicollet County adversely impacted by the COVID-19 pandemic. Grants of up to $10,000 will be provided for eligible expenses to:

  • Businesses without employees (self-employed persons, sole proprietors, independent contractors, homebased business, etc.):  Grants of up to $5,000.
  • Businesses with 1-20 full-time equivalent (FTE) employees in addition to the owner:  Grants of up to $10,000.

Continue reading “Grants for Nicollet County Businesses”

Free PPE Supplies for Nicollet County Businesses

masksYour business or non-profit may be eligible to receive supplies to help prevent the spread of COVID-19. Funds to procure health and safety supplies are available as a part of the CARES stimulus package through Nicollet County.

Distribution of supplies and personal protective equipment (PPE) will depend on available supply and community needs. The first application submission deadline is August 21, 2020. The county expects to offer additional weekly applications and distribution opportunities in early September. Please check back to their website for updates:  https://www.co.nicollet.mn.us/800/Nicollet-County-CARES

Eligibility overview: Continue reading “Free PPE Supplies for Nicollet County Businesses”

Grant Available for Blue Earth County Businesses

The Blue Earth County Board of Commissioners recently approved allocating $2 million in economic support to organizations affected by COVID-19. This funding is from federal legislation: the CARES Act.

Small locally owned businesses adversely affected by COVID-19 may apply for a one time grant of up to $10,000 (per applicant) to cover expenses for up to three months through Blue Earth County’s Business Assistance Grant Program. Continue reading “Grant Available for Blue Earth County Businesses”

Buy Local: Facemasks and other PPE

Recently Greater Mankato Growth distributed 66,000 face masks in Blue Earth and Nicollet Counties in response to the statewide mandate. The intent was to assist businesses in welcoming customers, keeping employees safe, and assisting in keeping costs down for area businesses. See full news release here. Continue reading “Buy Local: Facemasks and other PPE”

PPE for Business Preparedness Plans

PPE Procurement Source list Updated:  5.20.20; previous update:  5.14.2020

Greater Mankato Growth is working to support getting back to business. Businesses that have previously not had direct customer interaction during the Stay At Home order are laying out their COVID-19 Preparedness Plan. Example templates are available here.

A vital part of any Preparedness Plan is hygiene. To support local businesses and boost consumer/customer confidence, Greater Mankato Growth has contacted local experts on Personal Protective Equipment (PPE) for helpful hints in sourcing/buying PPE for your business. By implementing your Preparedness Plan, and addressing hygiene through signage, PPE, social distancing, and other efforts, more customers will have confidence to get back to shopping in a safe environment. Continue reading “PPE for Business Preparedness Plans”

Supplies Needed by Mankato Clinic

Guest Blog Post by Ceceli Polzin, Community and Customer Relations Manager, Mankato Clinic

Mankato Clinic  The Mankato Clinic is expecting a shortage of Personal Protective Equipment (PPE).

The Mankato Clinic is very used to being Mankato’s Clinic and helping the community.  Now we need your help. Do you own or work at company with an inventory of PPE that you would be willing to donate?  Do you have a personal supply that you would be willing to part with?  Any amount helps- no donation is too small.

Here is what we need:

Hand sanitizer
Simple facemasks (homesewn are accepted too!)
N95 masks
Nitrile Gloves
Face shields
Surgical gowns

If you can donate or you have questions, please contact the Mankato Clinic Communications Department at communications@mankatoclinic.com or 507-389-8770.

#stayhomeminnesota #wewillthroughthistogether #mankatocliniccares