https://berkonomics.com/?p=5323&utm_source=rss&utm_medium=rss&utm_campaign=youre-the-general-so-make-your-strategic-plan Dave Berkus' business insights Wed, 12 Jul 2023 15:38:13 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://berkonomics.com/?p=5323&cpage=1#comment-160853 Wed, 12 Jul 2023 15:38:13 +0000 https://berkonomics.com/?p=5323#comment-160853 Due diligence experience based upon that conducted from the Toronto Chapter of the Keiretsu Forum leads to question whether the CEO is indeed a four star general today, on a trajectory to become one or not a general. Although the individual is perhaps a full colonel with much training and experience leading others and thus an essential to team member, the person is not capable of the judgement calls required to integrate the work of the entire army. Hence during our due diligence we use two specialist consulting firm, to establish their capability profile. With the findings we are able to distinguish between generals and colonels to assure we do not fund a colonel in a general’s role. I am of the view that articulate colonel’s are in fact leaders of the enterprises that neither die nor succeed in commercializing the enterprises innovation. In the absence of such third party evidence to succumb to a give them a chance decision. We cand do this perhaps because we want to avoid the ensuing confrontation of telling them the fact that that the person cannot succeed or we blithely believe the product is great enough that it will succeed without a general as the enterprises leader. Sometimes it does succeed!

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