Proceed with caution when choosing private company board members
January 29, 2014
I have had some interesting conversations over the last few weeks that made me realize many people view the role…
Month: January 2014
2014 Issues for a 2016 Exit – Part 2
January 28, 2014
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
January 24, 2014
©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post focuses on this graphic we created at my company Khorus to show how CEOs are bombarded with mostly tactical, outdated metrics from department silos.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/
CEOs: Choosing to Do Nothing IS a Decision
January 23, 2014
Good decisions provide the fuel that drives an organization forward, which is why decision making is one of my five key…
2014 Issues for a 2016 Exit – Part 1
January 21, 2014
If you want an exit later, deal with critical issues now. Guest author Bob Barker is managing partner of 20/20 Outlook LLC….
Why do so many companies want to fire their CEO? – CBS News
January 16, 2014
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?”