Author Archives: Dave Berkus
Stay in touch with your investors.
Investors as a group have a common gripe – almost universal. Information flows from the company irregularly, in fact most often when the company is urgently in need of more money. Investment documents usually call for quarterly reporting by the … Continue reading
The five “Whys” a manager should ask
This is a trick headline. There can be three “whys” or twenty, depending upon the issue and the responses. To make the point, the word “why” has to be one of the more powerful words in a manager’s vocabulary. Asking … Continue reading
Hire slowly. Fire fast.
New hires can shore up the weak areas of a business in ways existing employees cannot, if hiring is done to fill true needs. Some employees lose their drive, or remain behind as the company grows, failing to gain the … Continue reading
You may burn your first professional manager.
It seems to be a rule, not an exception. The first professional senior manager that an entrepreneur hires to share the growing workload does not last more than a year. Why? Entrepreneurs start businesses with a strong vision of what … Continue reading
Be an Adaptive Business Leader.
The title of this insight happens to be the name of a CEO roundtable organization I belong to, and have been a member since 1989 (Adaptive Business Leader Organization – or ABL). The organization, like Vistage, manages roundtables of CEOs … Continue reading
If it can be counted, the CFO owns it.
There is a simple way to define the responsibilities of the chief financial officer. And it extends beyond the usual interpretation of the CFO position in many companies. If it can be counted, the CFO owns the responsibility for controlling … Continue reading
The five tactical skills of a great executive
While we are on the subject of great leadership, let’s list the five principal tactical skills of a great leader. These are not the strategic visionary skills, like leading companies through risky product launches, or steering the course through economic … Continue reading
Three qualities of a great leader
By Dave Berkus There are lots of ways to measure a great leader. Here are three that should resonate with you as leader and with those who follow you. These qualities are applicable whether you are leading your company or … Continue reading
Two reasons to attack critical issues first.
There are two reasons to consider reordering your priorities to attack your most critical issues first, before the easiest ones to knock off the list. First, you are fresher at the start of a day, and your best efforts should … Continue reading
Don’t make assertions that will later prove untrue.
Sometimes it is easy for someone at the top of an organization to make a statement that, in the enthusiasm of the moment or to make a point, crosses the line between fact and fiction. Sometimes it seems to you … Continue reading