Long-running issues with privacy and integrity came to a head in Facebook’s Cambridge Analytica crisis.

In the social media world, the pace of change has always been brisk. But 2018 marked a true inflection point. Long-running issues with privacy and integrity came to a head in Facebook’s Cambridge Analytica crisis: “Users began to question the value networks provide and seek more meaningful ways to engage.”

Against this backdrop, intimate new social media formats have risen for connecting and sharing content. A radically new social paradigm is emerging: “Consumers want to be treated like individuals, not demographics.”

Consumers are now demanding more value in exchange for their time and information.

JMD

J. Michael Dennis is a former attorney, a Trial Consultant, a Trial Scientist, a Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense and Free Speech.

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Skype: jmdlive

Is your future and the future of your family secured?

Why do I need a formal business transition plan?
A formal business transition plan puts your goals, priorities and strategies in place for a successful transition to face the future. Without a clearly defined plan, business owners are leaving their personal and financial future to chance.

I am not sure I am ready to transition out of my business. How do I know when the time is right?
Transitioning out of your business is all about setting and reaching goals. Have you accomplished what you set out to do with your business? Do you have dreams of doing things other than running your current business? Answering these questions will tell you if the time is right to implement a formal business transition plan.

I know my business better than anyone else; why shouldn’t I handle my transition plan and process myself?
Business and personal transition are a complex and personally time consuming and challenging processes that are very difficult to handle by yourself and get it right. Most transition processes involve emotional, fiscal and risk management issues requiring a team of professionals familiar with these areas to take care of them.

Who are the experts on a transition team?
Depending on what phase you are currently in, any of the following professionals may be involved: Accountants, Certified Financial Planners, Lawyers, Business Consultants, Business Brokers, Bankers and so on. To achieve a successful transition plan, all the work required from all the professionals involved shall be coordinated by a Corporate Strategist Expert well familiarized in all the activity fields involved.

Why do I need a transition team?
Simple: you want to maximize your assets. You need experts in every area to help you get the most cash for yourself and your business. Using a transition team will cut down on the enormous amount of time you would otherwise have to spend planning, marketing, talking, negotiating and working to find a potential buyer or partner who might otherwise end up walking away. Unless you have been through a merger, acquisition or divestiture, transition planning and execution are unlike anything you have ever done before.

Why shouldn’t I hire an investment banker or any single professional to handle my transition process?
Other than SSTM, there is no national firm or individual that handles every aspect of a business or personal transition process. And if you have cost issues, you should do a comparison.

Where can I find these experts?
Even if you have an accountant, broker or financial advisor, they may not be uniquely qualified to assist you with the transition. You need experts focused on business transitioning. SSTM will work with you and your team of trusted advisors to identify and provide you with the best choices for each expert.

What information do I need to prepare for my transition?

  • Financial documents:
    • A minimum of five years of financial documents
    • Audited financials for three years
    • Pro-forma sales and cash flows for two years out
    • Three years of taxes
    • Company insurance documents
    • Personal financial information (account statements, complete copies of federal and state tax returns, estate documents)
  • Customer lists (shows history of longevity)
  • Vendor lists and relationships
  • Operational systems and procedures for everyone and every part of your business
  • Legal corporate documents
  • Contracts with vendors, suppliers, customers and clients
  • Intellectual property rights and assets

How long does it take to complete a successful transition process?
Typically, depending on your goals, expectations, the nature and size of your business a successful transition process may be completed inside a time-frame of SIX months to FIVE years.

What if I have already completed some parts of the process?
SSTM can become involved at any point of your transition. Our experts will review the work you have already completed, provide recommendations and take the necessary actions to keep or get you on the right track. Even if you have completed your transition, our certified financial planners can help with wealth management.

How do I get started?
The four phases of proper business transition planning are:

  1. Pre-Sale Phase
  2. Positioning for Sale
  3. Transaction Phase
  4. Wealth Management

Following the above Four Phases of a Successful Business Transition Plan, SSTM uses the following process to guide you through your transition.

  • Data gathering
  • Initial Expert Team Consultation
  • Selection of your team
  • Creation and Execution of the Transition Plan
  • Successful completion of the transaction
  • Wealth management system put in place for a secure financial future

SSTM, helping companies successfully complete business transitions.

JMD

J. Michael Dennis is a former attorney, a Trial Consultant, a Trial Scientist, Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense and Free Speech.

The real message is that people need to get more engaged in planning what they want their future to look like.

The magic number for retirement savings in Canada is $756,000 and, while that is the average amount Canadians believe they need to save for retirement, up to 90 per cent do not have a formal plan on how to get there.

A majority of Canadians, 53 per cent, are not sure whether they are saving enough during their work years. 37 per cent are not even thinking about retirement, pretexting they just cannot save.

This situation is even worse for women: only 22 per cent have a formal retirement plan or even have a good idea of how much income they will need, versus 32 per cent of men. By age fifty-five, 43 per cent of women and 27 per cent of men lack a retirement and transition plan. The real message buried in these statistics is that people need to get more engaged in planning what they want their future to look like.

There is no longer a magic age 65 or 55 when we are all going to quit work cold turkey and do something completely different. We are living longer, and a prosperous middle-class is realizing that retirement is about the journey, not the destination.

The same is to be said about all business owners. The average organization has undergone five enterprise changes in the past three years and 73 per cent of organizations expect more change initiatives in the next few years. Unfortunately, many organizations fail to implement change effectively. In fact, only a third of change efforts are clear successes, 16 per cent show mixed results, and half of them are clear failures.

Today, people of all ages, men and women, all business owners and all business organizations need to get more engaged in planning what they want their future to look like. The problem: most people are wearing to many hats and are overwhelmed with daily responsibilities and accountabilities so that by age 55 or 65 fewer people can afford to retire to enjoy what could have been their preferred future.

You are looking forward to maximize your assets, your business is growing fast and you need to adapt, you are thinking about retirement, SSTM, in collaboration with JMD Systemics and Succession Transition Strategies, helps you to succeed with the challenging process of business and personal transition.

Let us help you maximize your assets and secure the best possible future:

FOR YOU, YOUR WAY.

We Bring the Experts to the Table

JMD

J. Michael Dennis is a former attorney, a Trial Consultant, a Trial Scientist, Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense and Free Speech.

Follow JMDlive on Twitter, Facebook, JMDlive.com, The Futurist Daily News, JMDsystemics.com, SSTM.solutions and TumblrWarrior For Common Sense

 

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The days of lengthy articles optimized for keywords driving new traffic are dying out. “Problem Solving Content” now reigns supreme.

Content Marketing is an ever-changing market and Personalized Content, is one of its best kept secrets. Consumers are no longer fooled by brand advertisements. People are now looking for content that solves their everyday problems and transparency, as a trend, is growing exponentially. The days of lengthy articles optimized for keywords driving new traffic are dying out. The days of purely informative and promotional content are over. People are looking for personalized content that dives deeper in the daily trending topics that will offer short and precise answers to their everyday problems.

Anyone can create content but not everyone can create content that will allow you to stand out from the crowd.

The secret is to create content that stands out.

JMD

J. Michael Dennis is a former attorney, a Trial Consultant, a Trial Scientist, Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense and Free Speech.

Follow JMDlive on Twitter, Facebook, JMDlive.com, The Futurist Daily News, JMDsystemics.com, SSTM.solutions and Tumblr, Warrior For Common Sense

Book a FREE 15 minutes Skype Consultation with JMDlive 

Reputations are no longer built on a “Do What I Say, Not as I Do” mentality.

You take your careers very seriously. You pour a great deal of energy into cultivating your relationships and growing a network of professionals you either work with or hope to work with. You spend countless hours combing through your online resumes and profiles. You want to be taken seriously, to be considered credible and influential. You fine-tune your communication skills and polish your presence both, online and in person. But, what happens when you are off the clock?

Your reputation is built on you, both in and out of the office, both in person and online. Credibility is built on consistency and you can only be consistent in your behavior and actions when you are mindful every day and in every circumstance. There is always someone seeing you or watching you.

“Just because you sit behind a screen does not mean you are not seen”

Facebook, Instagram, Twitter and company, all these online social media platforms create a way for you to communicate with those you want to be connected to. Your reach does not stop there. These mediums also communicate to the entire world who you are. Just because you sit behind a screen does not mean you are not seen. Today, more than ever, always be mindful of what you post online. Political commentary, strong opinions, excessive personal information and activities may cast our reputation in a negative light. Your posts and comments can be easily misconstrued.

If there is any doubt in your mind when writing a post, do not post it. If your posts are anything other than informative, educational or inspiring, if they fail to convey a message kindly, refrain from posting them and sharing them altogether.

“A good reputation, trust and credibility are built on consistency”

We all deserve to let our hair down when we step out of the office. However, always keep in mind that there is always someone seeing or watching you. You must always protect your personal and professional reputation. Behavior that causes others to question your persona authenticity can jeopardize your reputation.

A good reputation, trust and credibility are built on consistency. It is only when your behavior is consistent in and out of the office, that people will really trust you and believe that what they see is the real you. Always be mindful and know that everyone is everywhere.

“It is a small world; people talk, and others listen”

Your reputation is the result of the collective experiences and interactions you maintain with people outside of the office. How you communicate in and out of the office is what shapes your reputation, not the moments you are in the spotlight. If you fail to communicate with consistency, those you influence will fail to do so, too.

Today, even if they do not know them, when there is a decision to be made, most of the people will act upon the recommendation of others. People talk, and others listen. Whether during a high-stakes meeting or during a casual conversation, always be clear and concise. Focus on your body language and be an active, intentional listener. When you make others a priority, they will do the same for you and those who matter most to your success.

“In today’s world, there is no more such thing as privacy”

Our modern-day world does not allow us to compartmentalize our lives anymore. In this world of constant observation, our words and daily actions, all these things that build a reputation are broadcast for the world to see. Individual and professional reputations are no different than major corporations’ reputation.

Consider some highly regarded names, names like Buffet and Gates. They are consistent in their messaging and delivery. They walk their talk throughout all aspects of their brand. Their reputations are well managed.

The fact is, that you cannot manage your reputation through a one-time branding campaign. You must develop it through consistent behaviors that create trust in those who know and observe you. You cannot just say something is important; your actions must reflect it.

Reputations are no longer built on a “Do What I Say, Not as I Do” mentality.

Consistency is key to credibility.

JMD

J. Michael Dennis is a former attorney, a Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense and Free Speech.

Follow JMDlive on Twitter, Facebook, JMDlive.com, The Futurist Daily News, JMDsystemics.com, Bunkumless.com, SSTM.solutions and Tumblr.

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From now on, woe betide the party that having attested to the character and probity of its candidates, politicians and staff, is revealed to have been conned or simply been sloppy in its vetting. The political pain will be far worse than the earlier discomfort of often humiliating intense investigation of candidates.

In days gone by, political candidate vetting was never a very rigorous process. If you had a union leader, heart surgeon or hockey star as a good prospect, you really did not want to know anything else about the past of this political candidate. Unless you were very unlucky, past events or incidents of his or her life such as criminal conviction of any kind, spousal abuse, adultery or child molestation were unlikely to ever emerge.

Back then, the final test in candidate vetting, was the senior recruiter looking the prospect meaningfully in the eye, and saying with great solemnity, “Now, is there anything you have not disclosed that there is even a distant prospect, if it were revealed, that would bring shame or harm to the party or yourself?”

Today, that test is no longer sufficient.

Serious archival research, social media tracking, and even private investigators are now the norm and political parties are no exception to the rule. Political parties must now meet the new standard. The price of failure to do so is too high to pay.

Invasive inquiry, aggressive reference checking, difficult final interviews and even undated resignation letters are the new standard, the new norm.

JMD

https://www.jmdsystemics.com/

Michael Dennis is a former Corporate and Business Law Attorney, a Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense & Free Speech helping you achieve greatness.

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Stop spending most of your productive time attending to other people’s priorities.

Not planning your week is bad. Planning your week without taking your personal priorities in consideration is even worse. It means you will be able to handle everything “on your plate” but you won’t actually make any progress towards your own goals. Stop spending most of your productive time attending to other people’s priorities.

Your main priorities shall be everything about YOU and YOUR goals. Unless you proactively block time for them and consistently choose to prioritize them, you are in a reactive state where you are only following everyone else’s priorities.

Have you heard of the Eisenhower or Urgent vs. Important Matrix?

It is a really powerful tool that can multiply your effectiveness tenfold. It consists of 4 quadrants that classify your daily activities according to two parameters: level of urgency and level of importance.

For most people it looks like this:

You want to be productive! Spend 80% of your time in quadrant II of the Matrix.

This will allow you to pro-actively work on new opportunities and high-leverage projects instead of spending all your time reacting to pressing issues and other people’s needs. As a result, you will be able to make significant progress towards your goals, actively prevent crisis from happening and lead a more balanced, calm and focused life.

Prioritize all your actions according to YOUR GOALS.

Which actions and projects to prioritize should be based on what is working and beneficial towards achieving your goals and not what you feel like doing.

JMD

Michael Dennis is a former Corporate and Business Law Attorney, a Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense & Free Speech helping you achieve greatness.

Follow JMDlive on:

Twitter, Facebook, JMDlive.com, The Futurist Daily News, JMDsystemics.com, Bunkumless.com, Pinterest and Tumblr.

 

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Too many emails

The #1 enemy

I do not have a minute to waste; life is too short.

I am up at 5:00 every morning and kicks things off with a fairly regimented routine.

Most of my morning are focused on planning my day. By 8:00, I am ready to tackle every issue that is to be resolved.

With a jam-packed day, there is one major nuisance that I just can’t be bothered with.

Other than Skype interview request from my beloved clients, I hate email.

With email, the whole world comes across at you; it is your agenda number one enemy and it is terrible, not to say a total waste of time.

Let it be also known that I took my work email out of my phone. All those emails would be going unread, waiting in my inbox, magically multiplying the way unread emails seem to do.

You want to retain my services!  

Other than wanting to retain my services, don’t bother me.

You have an urgent issue to resolve and need my services!

It’s all in my auto-reply, which goes to every single recipient who sends me an email:

“Thank you for reaching out. Being overwhelmed with unsolicited requests, I will not be answering your email. This does not mean that I am not available for business! If you need immediate attention or have to urgently deal with a commanding issue, it will be my pleasure to help and assist you. Do not hesitate to call me at the following number: 1-613-449-3278”

Every email does not demand an instant reply or a reply at all. Even if I do eventually get back, there’s no need to apologize if it takes a few hours or even a few days. I slashed the “Sorry for the delayed reply …” from my email vocabulary. I refuse to set the expectation that it’s abnormal to take a little time to reply.

I have opted out of one of the most important communication channels in today’s working world. It is not because everyone else emails that I should. Why should I?

I hate leaving people hanging as much as I hate being left hanging.

We live in a high-volume 24/7 email world. People are glued to their screens. Don’t expect me to act the same way.

Communicating to people that I am not going to play that game is important. This way, they don’t think that I might have fall off a cliff or just feel extremely slighted annoyed or pissed off.

Yes indeed, I am going off the grid for a bit and I will be checking email less frequently.

This doesn’t mean that I will not be immediately taking care of urgent matters or business issues; it just means that if you have some urgent issues to resolve you have to call me. You have my personal phone number.

Just don’t abuse it!

JMD

Michael Dennis is a former Corporate and Business Law Attorney, a Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense & Free Speech helping you achieve greatness.

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EMPOWERING YOURSELF Has Nothing To Do With HAVING time. It Is Everything About MAKING Time.

Get your priorities straight!

How are you supposed to know the right path when you have no idea where you want to go or what you want to do?

Setting goals that are important to you is the first step to getting your priorities straight. Once you know what you really want to achieve, it is really easy to prioritize everything in your life and the only thing you ever need to ask yourself before considering doing anything is: “How is this helping me achieve my goals?”

Starting your day checking your emails or chatting at the coffee machine will make it hard for you to gather the focus and motivation you need to tackle your most important tasks and projects at hand later in the day.

It does not matter WHEN you wake up. What matters is what you do when you wake up, what you do with the first two to three hours of your day. Putting in the work towards your goals will help you win the day early.

Postponing your most important tasks until later in the day will dramatically increase the likelihood of not getting them done at all.

JMD

Michael Dennis is a former Corporate and Business Law Attorney, a Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense & Free Speech helping you achieve greatness.

Follow JMDlive on:

Twitter, Facebook, JMDlive.com, The Futurist Daily News, JMDsystemics.com, Bunkumless.com, Pinterest and Tumblr.

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Get Your Priorities Straight!

How on earth are you supposed to know the right path when you have no idea where you want to go or what you want to do?

Setting goals that are important to you is the first step to getting your priorities straight. Once you know what you really want to achieve, it is really easy to prioritize everything in your life and the only thing you ever need to ask yourself before considering doing anything is: “How is this helping me achieve my goals?”

If you say “YES” to everything, you don’t have any priorities. You get distracted and will never achieve any of your life goals. If you say “YES” to the wrong things, you go against your life priorities.

Saying “NO” over and over again to everything that is distracting you from your life aligned priorities is the only way to empower yourself and entitle you to live the life of your dreams, to live your preferred future.

Obvious instant-gratification activities like sitting in front of the TV set, partying for the sake of partying, unrelated goals meetings, calls, articles or online courses that will never help you achieve your goals are to be barred from your agenda or “To Do” list.

Starting your day checking your emails or chatting at the coffee machine will make it hard for you to gather the focus and motivation you need to tackle your most important tasks and projects at hand later in the day.

It does not matter WHEN you wake up. What matters is what you do when you wake up, what you do with the first two to three hours of your day. Putting in the work towards your goals will help you win the day early.

Postponing your most important tasks until later in the day will dramatically increase the likelihood of not getting them done at all.

JMD

J. Michael Dennis is a former Corporate and Business Law Attorney, a Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense & Free Speech helping you achieve greatness.

Follow JMDlive on:

Twitter, Facebook, JMDlive.com, The Futurist Daily News, JMDsystemics.com, Bunkumless.com, Pinterest and Tumblr.

FREE Consultation:

Book a FREE 15 minutes Skype Consultation with JMDlive