Exceptional leaders often excel as skilled storytellers, and for good reason. Once a company hits a certain level of organizational complexity, one of the most important tasks the CEO has is to craft intellectually coherent and captivating narratives about the firm, its purpose, and its performance. Failure in this task means undermining the very existence of the company; a sin…
Economic growth was decent in the second quarter at 2.0%, but that does not mean we’re out of trouble. The contractionary pressures remain, and the delaying factors are dwindling. The downturn will be mild, as recessions go, but a recession nonetheless. Typical Business Cycle Following the advice of forecasting expert…
The COVID-19 pandemic turned the working world upside down, forcing companies to rapidly adopt remote and hybrid work models. Now, over two years later, leaders face a new challenge: getting employees to come back to the office - and a bad return to office means a great deal of stress…
On September 11, 2001, when the FAA closed its airspace and more than 250 planes were forced to land in Canada, 38 commercial planes carrying 6579 passengers and crew were diverted to Gander International Airport in Newfoundland. (Along with 11 dogs, nine cats, and two endangered bonobo apes.) Suddenly Central…
My most pressing long term career question is regarding employment opportunities for those who do not accept the fact they must retire after some age, proposed by a local government or else, and the fact they are not anticipated to stay competitive starting from some certain age. I feel like,…
Customizing crisis management plans to reflect the age and size of businesses can help ensure the effectiveness and relevancy of those plans. Organizations that think generic off-the-shelf crisis plans are all they will need to navigate a crisis can be sorely tested when the unexpected happens. As they scramble to…
In an era marked by relentless technological progression and digital revolution, an innovative tool has emerged as a favorite among industry leaders and policy-makers alike: the hackathon. According to data, more than 80% of Fortune 100 companies utilize hackathons as a strategy to fuel innovation, with over half of these…
Workers are feeling exhausted and burned out. The lack of job security, concerns over finances, dealing with toxic co-workers and bosses, long working hours, disrupted remote and hybrid work routines and blurred work-life boundaries lead to stress and anxiety. This causes workers to feel exhausted, tired and worn out. Nearly…
Generation-X is confronting many challenges in the job market and financially. They are stuck between Baby Boomers, holding tightly onto their leadership roles, and younger Millennials, gunning for the Gen-Xers’ jobs. Therefore, many workers are feeling stuck. Because of the squeeze, 64.2% of this cohort live paycheck to paycheck. According…
It would be useful to know whether PE investments outperformed the S&P 500 net of fees. Portfolio level ESG outcomes would also help PE address their perceived ESG problem. Part 1 discussed the ESG problem with PE. In part 2 here, I look at the current state of disclosures, review…
Useful leadership lessons can arise from virtually any industry environment; including, most recently, the National Football League. For one of the hottest stories of the preseason isn’t Patrick Mahomes’ ankle, Joe Burrow’s contract or Super Bowl predictions. Rather, it has to do with Broncos coach Sean Payton’s highly public criticism…
In a declining economy, startups face an uphill battle when it comes to securing funding.…
With all of the recent news about artificial intelligence (AI), it got me thinking about…
A while back, I took a couple of my grandchildren on a tour of the…
Startups face numerous challenges on their journey to success, and failing to overcome any one…
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