Month: January 2014

2014 Issues for a 2016 Exit – Part 2

In part 1 of this article, Bob covered three of the six issues he recommends you deal with now to accelerate your path to an exit: show credible numbers, acknowledge the intangibles, and recover from business entropy. Here are his recommendations on the final three.

Why Fruit Salad Management Is Rotten For CEOs

fruit salad dashboard

©Khorus 2013

My latest Forbes post focuses on this graphic we created at my company Khorus to show how CEOs are bombarded with mostly tactical, outdated metrics from department silos. The result is a fruit salad mess that chief executives cannot make sense of or use to move the business forward. In the full piece I give some advice about how CEOs, who are usually to blame, can remedy this. Check it out here: http://www.forbes.com/sites/joeltrammell/2014/01/24/why-fruit-salad-management-is-rotten-for-ceos/

Why do so many companies want to fire their CEO? – CBS News

Why do so many companies want to fire their CEO? – CBS News

This is a great article written by Margaret Heffernan for CBS Moneywatch. She discusses how CEOs are not prepared for the role and therefore don’t know what to do when they achieve it (my mantra for this blog). As I’ve written about before, most CEOs have gotten the job because they were superstar performers in their careers, meaning they have specialized knowledge in marketing, sales, engineering or another function. But the CEO role entails a unique set of responsibilities. As Heffernan says, “But once they assume senior executive positions, they need entirely different skills: networking, knowledge-gathering, consensus building, listening. They should be good at this – so why aren’t they?”