Mixed Results
As I write this, third quarter results are coming in. Surprisingly, they seem to be quite mixed. Some doing very well, others, performing poorly.
For the poor performers, lots of excuses abound, from supply chain disruptions to inflation and everything in between.
I'll suggest you take the stance a wise CEO once took with our team as we visited headquarters to review our monthly results. He said this, "I hired you to make your numbers each month despite conditions out in the world, not to give me excuses because of conditions out in the world."
Now, maybe you want to give a company's executive team a break for one missed quarter, but I would urge you to consider that two missed quarters may suggest it is time for a deeper look at how they may be performing.