Boxed in by what’s legal and what’s ethical, companies should serve shareholders, but a company is not the proper vehicle to solve all society’s ills. Expecting them to do so is foolish.
With mergers and acquisitions on the rise, it’s increasingly important for businesses to understand best practices for a successful transaction.
Keeping your winning front-line employees saves hiring costs short-term, but is also a winning long-term strategy, because outside hires take three years to perform as well as internal hires in the same job.
The relationship between art and business, on the other hand, is far less defined and frequently misunderstood. Art, to many business leaders, is a complex and mysterious topic that forces them to evaluate an art program’s impact through the lens of its return on investment.
Most CEOs spend 99% of their time (sometimes 100%) on execution. Most have never been trained on how to create a new strategy. Many never will.
There are more ways than ever for companies to receive the benefits that some accelerators offer without giving away weeks of time or possibly relocating — not to mention hard-earned equity and intellectual property.
No general would tell his troops to ignore the high ground and fight for and hold the low ground, yet CEOs expect their people to “fight” with outdated products and services, with no clear answer to why their target customers will buy from them versus the competition.
In the wake of the #MeToo movement and with workplace harassment taking center stage, companies need to be cognizant of workplace guidelines that could be viewed as problematic and discriminatory, such as workplace dress codes.
While it might be simpler or safer to work with a slew of lower paying clients, freelancers can swim upstream to position themselves to charge more for their services and receive higher fees.
More than giving a financial contribution, executive experience and expertise, when applied to a nonprofit board or leadership committee, can make an incredible impact. Here are four tips to lending your expertise.
Understanding that one cannot even come close to doing everything is a lesson best learned as quickly as possible. With the pace of the world today, it is imperative to stay focused on where your expertise lies and learn to utilize others that are experts in their chosen fields.
Decency in the C-suite is key to capitalism’s survival. But decent people sometimes lack critical skills and behaviors. However, sometimes they’re chock full of many skills, but they lack confidence and fear making decisions.