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Category Archives: Protecting the business
Are your chairman and CEO the same person?
Here’s one that targets most any company that has taken investments at any stage, as well as more mature companies. Why would you split the positions? More and more today, shareholder organizations recommend that the positions of chairman and president … Continue reading
The best things about your company board
For weeks, we’ve highlighted both good and bad things about boards of directors for your company (or non-profit.) This week, let’s focus upon number one – aside from the requirements of boards to protect the company itself (not the shareholders.) … Continue reading
So, your board is dysfunctional. What to do?
It happens. Boards are elected by the shareholders, sometimes with preferred shareholders holding seats by right of their investment. In that instance, often the investor selects the board member and the CEO goes along with the choice, mostly out of … Continue reading
Let your board help with “what” and “why” – but rarely “how.”
I am sure you can argue with this one. Sometimes a board member is valuable in teaching the “how” to get things done inside the company. But experience reinforces the usual fact that a board member telling the CEO or … Continue reading
Does your board give you good advice?
This may be news, but boards of directors can offer bad advice. Having served on more than forty boards, I’ve seen such a variety of good and bad advice that my stories could fill a book. (oh, wait. They have…) … Continue reading
Hire for your core. Partner for the rest.
A trend for businesses large and small There is a major trend shaping up that is worldwide, already identified by hundreds of thousands of startup and small business CEO’s. By carefully recognizing and focusing upon the very core of the … Continue reading
How much do you spend on R&D? Is it enough?
Why do profitable, mature businesses die away? One of the most obvious reasons mature businesses die away – when we look in the rear view mirror – is that they did not spend to renew their product or service when … Continue reading
Should a leader support constant change?
The worrying that always precedes a change When a new CEO or manager is hired into a company, for a while lots of energy flows from the top and new ideas seem to be generated daily. It is one reason … Continue reading
Posted in Growth!, Protecting the business
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Reinvent your business!
Businesses that forgot to reinvent If only newspaper publishers, book publishers, record companies, and movie producers would have had the vision to see their future as we now see it, we might have become a digital society with much less … Continue reading
Posted in Growth!, Positioning, Protecting the business
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Your core competency and why not to stray
Consider your core. It is the one skill, process or advantage you have over your competition. Then think of all the things you do to surround that core with people and assets that complete your company and allow you to … Continue reading
