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…
Every January we have grandiose goals – maybe a New Year’s resolution to help your team create better ideas, or execute on those ideas more effectively. Or maybe this was the year you planned to write that book or start that podcast. And here we are in July, half-way through…
Gen Zers are still in the early stages of their careers and personal finance journeys, but their financial habits are already proving to be radically different from those of their predecessors. With heightened levels of anxiety about the future grounded in very real socioeconomic and environmental issues, Gen Zers are…
In entrepreneurship, the transition from a national player to a worldwide phenomenon embodies the ultimate ambition. But, this process entails considerable challenges and growth opportunities alike. At the heart of this venture, resilience and leadership emerge as two fundamental elements that shape the trajectory of entrepreneurial success on a global…
The Supreme Court handed down a decision today rejecting the use of race in college admissions. Although the majority of commentary has focused on the impact of the decision on Black and Brown students applying to historically white, highly selective institutions, the ruling could have an impact on the nation’s…
Elon Musk is in a “no-win situation” if his potential cage fight with Mark Zuckerberg goes ahead—at least, that’s according to the tech tycoon’s own father, Errol Musk. Weighing in on the proposed mixed-martial-arts match, the retired electromechanical engineer explained that the world’s richest person risks looking like a bully,…
Creating an entrepreneurial mindset is a critical component for academics looking to become successful business owners, leaders or entrepreneurs — whom I refer to as academipreneurs. By using digital platforms, innovative technologies, massive open online tools (e.g., MOOCs) and proven business practices to establish and promote their own unique brand,…
It was just announced that the U.S. Supreme Court has struck down the long-standing affirmative action practice within college and university admissions, with the court ruling 6-3 that race-based admissions policies are unconstitutional. Despite mounting evidence that indicates that affirmative action programs have actually served to increase racial diversity within…
What numbers do you look at every day in your business?I come from a commercial banking background, so somewhat inevitably I’m a number and data-driven person. For us, we constantly monitor the lead indicators in terms of the quality of demand from small business customers and the supply of lending…
Mathias Döpfner, CEO of Axel Springer, the largest periodical publisher in Europe—and an increasingly major presence in American media—is trying to adapt his company to the new reality of artificial intelligence. New tools such as OpenAI’s artificial intelligence chatbot ChatGPT have created opportunities for media companies to cut costs by…
While most small and medium-sized businesses (SMBs) likely began as startups, they must remember their foundation for success by identifying workers with entrepreneurial DNA and duplicating a work environment that promotes an entrepreneurial spirit — otherwise known as intrapreneurship — within an organization. Intrapreneurship enables workers to operate like entrepreneurs…
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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