The BEST Blog from Best Human Capital and Advisory Group

How LEAN is Too LEAN?

January 18, 2023

Business strategies today drive profitability using many continuous improvement methodologies, including LEAN and Six Sigma, Kaizen, 5S, and several others. Profitability is critical for business sustainability and viability as a going concern. But how LEAN is too LEAN? Some may scoff at the perceived absurdity of the question. Still, according to the Wall Street Journal Article, “Threat of Rail Strike Reveals Persistent Supply-Chain Risks to US Economy” (Harrison, 12/3/2022), “The strike threat highlighted a distribution

Successful Retention Strategies (Part 4 of 4): Organizational Design

December 28, 2022

It’s finally here – the end of 2022. What a wild and crazy ride it has been. As business leaders, we have had a lot to contend with and still do. Our work is far from over. More layoffs have been announced beyond the FAANG companies and broader tech sector, inflation persists at uncomfortably high levels, and the labor market remains the tightest in recorded history. Finding top talent is still more challenging than ever.

Successful Retention Strategies (Part 3 of 4): Total Rewards

October 3, 2022

With 3/4 of 2022 behind us, and despite record inflation and fears of recession, we are still seeing the most robust labor market in recorded history. Despite news of layoffs at FAANG companies, the broader tech sector, and retail giants such as Walmart and Target, candidates still have more choices and power in the labor market than ever. Even with historic wage growth of over 5% YoY, wages still significantly lag inflation leading to net

BEST Receives the Certified Value Builder™ Designation

September 20, 2022

BEST invests in current and future business owner clients with the addition of a Certified Value Builder™ (CVB) Designation BEST keeps getting better – BEST Human Capital & Advisory Group proudly announces that Managing Partner Chris Cimaglio, CEPA, has earned and received the respected Certified Value Builder™ (CVB) designation from The Value Builder System™. Chris now joins an international community of trained business advisors, which incorporates the world’s leading thinkers in building value in companies for their owners and stakeholders.

Successful Retention Strategies (Part 2 of 4): Recruiting

June 10, 2022

As the year continues to see upheaval and tremendous instability with rising inflation, tight supply chains, and persistent pandemic fears, the labor market also remains the tightest in recorded history. The Great Resignation has left many businesses scrambling to fill open roles and struggling to figure out how to continue growth or achieve strategic plans with a seemingly revolving door of employees. There is no silver bullet to stop the trend, but there is one

Successful Retention Strategies (Part 1 of 4): Onboarding

February 25, 2022

The current labor and employment market is the most volatile in recorded history. Never have employee candidates had more choices and power in the market than they do today. Add to this the pandemic, continued low wage growth for most people below the executive level, technological improvements, and failure of many businesses to appropriately demonstrate caring and support of their people. The result is the current crisis known as The Great Resignation. While the Great

Taking the BEST Exit and Succession Planning to a New Level for You

February 21, 2022

BEST invests in current and future business owner clients with the addition of a CEPA Designation BEST keeps getting better – BEST Human Capital & Advisory Group is proud to announce that Chris Cimaglio, a Managing Partner, recently earned the Certified Exit Planning Advisor (CEPA) designation after completing the Exit Planning Institute’s (EPI) intensive executive MBA-style program. For the last four years, BEST has become very involved in the succession and exit planning process to

What’s Going On with HR?

February 7, 2022

“What’s going on with HR?” you ask. Well, frankly, a LOT. Human Resources is a diverse collection of disciplines. We all love a succinct answer. In short, Human Resources includes anything that impacts the people working in and around the business and may even impact the vendors, clients, customers, and consultants to the company. But even that does not quite capture all that Human Resources is and does. So, to ask, “What’s going on with

Business Succession Planning When There is No Succession

January 5, 2022

Insights into Preparing for the Business Transition and Transaction of Your Life The phone call was a jolt and shook us to our core. Tragically, we received news that a grower we had met during our Succession/Exit Planning Seminar at Cultivate ’21 in July was killed in a car accident. He was a good man, who had built a fine operation, but the business was highly owner-centric – everything passed through him. He had no

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