The people part of business operations.
Like most other automakers, GM has faced the ups and downs of a troubled industry, but until last year, it had remained a powerhouse since its inception in 1908. GM led global vehicle sales for 77 consecutive years from 1931 through 2007, longer than any other automaker, but then things changed. They faced bankruptcy in […]
How to Ruin a Powerhouse Read More »
Chengwei Liu & Dawn Eubanks, Associate Professors, Warwick Business School Nepotism is detrimental to family businesses – more than 70 per cent of them fail after the first generation primarily due to poor succession decisions. Despite this well-known statistic nepotism persists, why? One possible reason is that the family business founder may wrongly believe that
Why damaging nepotism persists? Read More »
Michael LeBeau, CEO, Managing Partner, Founder, Scrum50 As an entrepreneur, your job is to get new concepts converted into new products or services that you can launch into the market as quickly as possible. What Six Sigma did for continuous quality improvement, the “agile” process is now doing for innovators at companies large and small.
Thinking Agile: Innovative Process Empowers Entrepreneurs Read More »
By Craig W. Ross One of the biggest factors in the success of a company is its ability to be nimble and embrace change. Being able to evolve with—or even ahead of—customer needs helps keep organizations relevant and ahead of the curve. In fact, many of the leaders we work with report that 90
Two Ways You Are Making Change Harder Than It Needs to Be Read More »
Tim Deehan, President, Actionable Intelligence Technologies The typical organization in loses 5% of its revenues to fraud each year. Although 5% may not sound like much, when you consider that the average profit margin in the U.S. is only 6.5%, a typical fraud occurrence could easily mean the difference between solvency and bankruptcy. Globally that
Protecting your organization from financial fraud Read More »
Bill Jensen, CEO, Jensen Group My team and I spent the past few years researching the future of work. We interviewed thousands of leaders from across the globe, asking “What are the toughest choices you must make to create the best possible future for your firm?” I was quickly schooled in global tough-choice metaphors. Spanish leaders spoke
Creating Your Strongest Future Read More »
Walter J. Scherr, Author, WALTER’S WAY: How A Relief Kid Survived TB, Corporate Betrayal, Bankruptcy, Made Millions, And Touched The Lives of Billions Two invaluable lessons that I learned early in my career: 1. No one cared how much I knew until they knew I cared. 2. Finding common ground with my employees encouraged a
Banking the Corporate Furnace Read More »
Bill Hewitt, CEO of Exari For years, lawyers have worked hard to create contracts that reduced business risk and provided for equitable and fair treatment between partners. In recent years however, a new threat has emerged; the “cyber-liability”. Any company who has lived through a hacking event knows it can damage your reputation, turn away
Who’s covering your Digital Back? Read More »
No one seems to agree about the origin of the term “sacred cow.” Before it emerged as an idiom in America in the last 19th century, some believe the term simply described the elevated place of cows in Hinduism. Or, the term could have originated with the legendary hero, Prithu, who assumed the form of
Sacred Cows Make the Best Burgers Read More »
Jeff Van Gulick, Practice Leader & Executive Risk Specialist, HUB International Insuring directors and officers through M&A and IPO events Corporate transactions including mergers and acquisitions (M&A) and initial public offerings (IPO) bring necessary capital and resources to a growing company. But, these transactions can also be the impetus for legal recourse – a significant liability for
Protecting the C-Suite During Key Milestones in a Company’s Growth Read More »
