Successful executives focus on the bottom line—they identify what works and what doesn't work—then they change what doesn’t work. In today's business environment, one fact that remains true is that change is constant. Change is required to remain competitive. The key to success is to manage change better than [...]
There are more and more stories in the news related to managing and mitigating risk. As companies go out of business, struggle to attain Sarbanes-Oxley compliance, etc, doesn't it seem a bit radical to recommend building an appetite for risk? Not if you build your appetite for risk, backed [...]
In the last few years, I've spent significant time studying businesses and investments, and I found a commonality for achieving results - leverage. Leverage is the advantage or power gained by using a lever. A classic example is the story of David and Goliath, where David was able to [...]
Between 70-80%+ of mergers and acquisitions fail to produce the results originally expected. Yet, there are still many venture capitalists and companies aggressively searching to merge and/or acquire a business. Why is the success rate so low? And, why can't 70-80%+ of the merger/ acquisition leadership teams find a [...]
As the majority of companies are searching for ways to cut costs and pinch pennies due to the sagging economy, it is time to step outside the crowd. Instead of reducing headcount, finding ways to combine roles so that one person will do the job of two (or more), [...]
No day passes by without all the news media reporting on the economic crisis and its effects on businesses, employees and the long term effects on the economy. There is no doubt that these constant negative reports can lead to increased stress and panic in the workplace - neither [...]
2008 has been a challenging year for most people and businesses, so here are a few tips to ensure 2009 is a success. Consider last minute tax strategies - this is always a smart business and personal consideration, as there is often times a significant amount of potential savings [...]
There is an immense amount of worrisome facts, figures and stories reported on the news every day. To make matters worse, now that we are connected 24/7 with cell phones, iPods, Facebook, TV, email alerts, etc, there is no escaping - even on vacation. In watching businesses, leaders, friends [...]
In today's economic and business environment, most people/ businesses are doing their best to survive; however, this approach is not a recipe for success. Instead, it is critical to aim to thrive. Only the best businesses and people will thrive during the current turbulent times, so if your goal [...]
In the recent past, there was an abundance of mergers and acquisitions occurring, and although there has been a temporary slowdown in today's environment with the freeze of the credit markets and the squeeze on cash, significant opportunities will arise with the emergence of rock bottom prices. So, to [...]
