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In this conversation, Alena Bennett speaks with Bill Withers, a seasoned SME owner and author of 'Succession Thinking'. They explore the unique challenges and opportunities faced by SMEs, particularly in relation to employee wellbeing, leadership, and the importance of a strong business manifesto. Bill emphasizes the need for vision custodians within SMEs to ensure long-term success and discusses the concept of stewardship as a more nurturing approach compared to traditional governance. The conversation also delves into the role of data in driving business decisions and the importance of creating a culture of intrinsic motivation. Bill advocates for a shift in how SMEs are funded and supported, highlighting the potential for a more sustainable and thriving SME economy. To reach out to Bill and Adapt: https://theadaptway.com/ / bill-withers Chapters 00:00 Introduction and Thought Provoking Question 03:00 Introduction to Bill Withers and His Journey 14:39 The Importance of SME Capitalism 21:43 Understanding Stewardship in SMEs 24:27 The Role of Vision Custodians in Business Strategy 26:23 Building Capacity for Organizational Leadership 29:46 The Challenges of SME Financing 33:03 The Importance of Data in SME Growth 34:10 Creating a System for Leadership and Culture 41:37 Defining Success for SMEs 44:03 Leveraging Data for Organizational Improvement 49:13 The Balance of People and Numbers in Business 59:49 The Future of SME Leadership and Investment 01:05:36 Understanding the Numbers Behind Business Decisions