Whoa and Giddy up Can Tell You Everything In my various roles leading organizations over the years, I came up with a management concept that I found to be incredibly valuable. It came down to asking myself a particular question when it came to my employees. The question: was I more often telling ...
KEEP READINGOr, a pig with lipstick is still a pig I have worked with a number of CEOs who gone through the sale of their business. And one of the questions I get asked by people going through this process is about whether they should be doing any advance work inside the business to prepare it for a sale. In...
KEEP READINGYou may have unwittingly handed over control .Anytime we create a new board or committee, we inevitably skew toward using an odd number. And there's good precedent for why we do this: we need an odd number to break a tie. There's a reason, for example, why the U.S. Supreme Court has nine members....
KEEP READINGWhy Your Investment Banker Isn't Really On Your SideThey Have the Wrong Incentives and Motivation When you’re going through the process of selling your business, one of the first steps you’ll make is to hire an investment banker. These are the guys and gals who are hyper-educated at the best...
KEEP READINGIt's a Critical Question for Your Success and Happiness One of the things most people don't think about when it comes to assessing their leadership style is what kind of organization they might best perform in and what they most enjoy. That can be an especially valuable question to ask if you are...
KEEP READINGIt's important to understand which one you want and need. Anytime you're looking to fill a position inside your business, especially when it comes to finding someone for your senior level C Suite, is a critical moment. The cost of missing on a hire can be enormous. That's why it can be helpful to...
KEEP READINGIt turns out there is a better way. One of the big issues every leader deals with on a daily basis is finding ways to motivate their people. It's often a question of what incentives they can employ to get people to engage and perform to their optimum levels. The default approach has l...
KEEP READINGWe might be pushing our kids in the wrong direction. We're all fans of education. I can admit that I'm a kind of an educational snob based on my own experience in pursuing advanced degrees. As a result, it's always been a foregone conclusion that my kids would also be heading to college to pursue...
KEEP READINGIt's a balance of brains and people skills. We live in a world where nearly every parent encourages their children to get good grades in school. Not only that, there might even be the expectation that their child get all A's--a perfect 4.0 grade point average--for their entire academic life. Anyt...
KEEP READINGIn a prior article, I talked about how it’s unlikely there will be a bidding war if you should ever put your business on the market. Part of the reason for that is that it can be difficult to attract the attention of multiple strategic buyers at the same time. The better bet, therefore, is to try...
KEEP READING