Joe Incrocci, CEO and President of IBC Consulting, Reveals 17 Powerful Rules to Save, Sustain, and Scale Your Business
- Retirement led to launching a consulting firm.
- A lifetime’s knowledge from founding companies and working for Fortune 500s.
Podcast
Overview
In this episode of TBCY, host Ashutosh Garg talks with Joe Incrocci about his book 17 Powerful Rules That Will Save, Sustain, and Scale Your Business and his journey as a turnaround specialist. Here’s a concise look at some of the episode’s standout segments, with helpful timestamped questions:
00:01:06- What inspired Joe’s path in business turnarounds?
- Retirement led to launching a consulting firm.
- A lifetime’s knowledge from founding companies and working for Fortune 500s.
00:02:21- What makes turnarounds uniquely difficult?
- Simple solutions often clash with ingrained, traditional thinking.
- The toughest job is shifting corporate mindset.
00:03:48- What’s the philosophy behind Joe’s book?
- Legacy through three key areas: leadership/culture, M&A, and turnarounds.
- Summing up hard-won lessons into easily applicable rules.
00:05:14- Why does execution trump strategy?
- Execution can rescue poor strategy—or sink great strategy.
- “Make it happen, don’t let it happen.”
00:06:15- Why focus on throughput over efficiency?
- Throughput is the real measure of business success; efficiency can be misleading.
00:08:29- Is real demand better than forecasting?
- Real-life case study shows forecasting can lead to wasted capacity and excess inventory.
00:10:37- How do top executors operate?
- Discipline, adherence to proven rules, and immediate action.
00:13:23- How can redundancy reduce—not raise—costs?
- Cross-training and backup systems prevent costly shutdowns; redundancy is an investment, not a burden
RESOURCES:
Learn more about Joe Incrocci: LinkedIn
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Joe’s journey is fueled by a simple mission: help people in business. With experience ranging from startups to Fortune 500 firms, he’s seen every kind of corporate chaos—and he thrives on fixing it. Share your thoughts in the comments and spread these insights with friends!
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Profile
- Retirement led to launching a consulting firm.
- A lifetime’s knowledge from founding companies and working for Fortune 500s.
