“Strategy is a waste of time”. Lots of private business owners we know feel this way because their private business has achieved a high degree of success without strategy. Why should they start now? Here’s why: Because too many private companies get stalled at the natural level of success that’s possible by spotting a market [...]
Flickr Image by DonkeyHotey Forget Shark Tank. For anyone who fancies themselves as a future entrepreneurial star, studying Donald Trump (just watch the nightly news) may be all you need to learn about entrepreneurial success. Here’s why. Almost every 'successful' (valuable business leading to personal gratification) entrepreneur we’ve known over the past [...]
Share your thoughts on RFP strategy with us? We have created this short Survey Monkey Survey to collect some data on what organizations are doing about responding to RFP's. It takes two minutes to complete. Once we have collected enough results, we will share them with visitors to our website. Here's a link to the [...]
We originally wrote and posted this article on LinkedIn. However, not everyone strays onto our LinkedIn – and we think what’s here is kind of helpful so we’re reposting it here. Goal: to shorten the executive job search cycle When executives lose their jobs there are common patterns we observe them going through over the [...]
The Best Incentive Plans Are Easy to Understand This morning I chatted with a Board Chair about how to implement a highly motivating compensation plan for his CEO. I shared with him the most effective plans that I had ever utilized. They had these characteristics. Easy to understand. Incentive plans work best when the reward [...]
Canadian Hearing Society CEO Julia Dumanian has an in-depth perspective on the challenges of the CEO role in today's organizations. In this blog series, Julia shares her insight on the role of the CEO. Julia Dumanian, CEO of Canadian Hearing Society When Julia was a Boardroom Metrics consultant, we asked her to document her [...]
Private Company Boards are Smaller and Less Independent Statistics show that private company Boards are smaller and less independent than public company Boards. This matters. The rationale that leads public company Boards to be larger and more independent also applies to private company governance. 1. Board independence. Private company boards are overwhelmingly composed of related [...]
Failed Boards are more common than people realize. Failed Boards are much more common than most people realize. Charged with the responsibility of identifying and mitigating risk; validating and overseeing strategy; and, hiring and performance managing the CEO, most organizational failures are the responsibility of the Board. From Enron to Volkswagen, Boards full of smart [...]