Agency Management

A Failed Plan and the Solution

Have you developed a strategic plan then hit a wall, ready to throw up your hands in defeat? What has typically happened is that you are discovering the difference between…

The Elephant Hunter

I was recently contacted by a smart young agent who had come into the business through his father, learned the trade, and received a promise of financial backing for the…

The Four “R’s” of Business Survival

A few generations ago the three “R’s” — Reading, ‘Riting and ‘Rithmatic were the keys to education and success in the business marketplace. While these are still important (and rarer…

A spiral of stacks of books in the form of DNA and an open textbook at the top. Concept of knowledge and human development.

Catch 22…Chicken or Elephant? Delegating Your Way to Success

An agency’s two most critical assets are its staff and their time. How each of these resources is used determines your level of success. The misuse of these resources causes…

Several hands from different people coming together to connect pieces of a jigsaw puzzle, symbolizing teamwork and collaboration.

Agency Survival in a Down Economy

As more businesses and individuals are economically affected by our Crisis in Confidence, insurance agencies and their owners must proactively alter their efforts in one of two ways. The only…

Man on a mountain peak. Eagle flies above clouds.

Do You Mean Your Mission Statement?

Many insurance agencies, like many other businesses in the United States, have embraced the process of strategic and tactical planning. If you still feel that writing down your strategic and…

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10 Warning Signs of Business Crisis

General Jimmy Doolittle once said, “The problem with Americans is that we’re fixers, rather than preventers.” In this article, Al Diamond shares 10 Warning Signs that can signal problems in…

Are You a ‘Bus Driver’ or a Business Owner?

Why are you in the insurance industry? Are you a ‘bus driver’ or a business owner? It is estimated that 75% of the 40,000 remaining agencies have revenues less than…

Toy car on the palm of a woman's hand on pink background. Protection, insurance auto concept

Management Reports Critical to Your Agency

As we approach a new year, I would like to offer agents a Management Information System (MIS) designed to educate managers and inform agency owners. Knowledge of critical information permits…