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…
There’s a lot of quiet action taking place under the radar in today’s business world. Quiet culture workplace trends—such as quiet firing, quiet quitting and quiet hiring—were intended to assuage the immediate and acute needs of businesses. Instead, they have backfired—creating suspicion, mistrust and low morale. Now, another controversial quiet…
It is important to understand what net worth is and why it matters. Net worth is the total value of your assets, minus your debts. This includes both tangible and intangible assets, such as your home, investments, and your business. Understanding your net worth can help you make more informed…
(This article is part of a series on Artificial Intelligence for Board Members and Senior Executives.) Back in June, 2023, Yale University assembled 150 founders, CEOs, and chairmen of Fortune 500 companies, along with distinguished professors, investors, and government dignitaries, to discuss the “threats, hope, and hype” of artificial intelligence.…
Which brands are the most consistently relevant over time? Starting in 2016, Prophet, a leading growth consultancy, began measuring “brand relevancy”. Since that time, only two companies have been listed in the top 10% of relevant brands — Apple and KitchenAid. KitchenAid ranked #1 in “head” in 2023 and is…
On October 30 the musical Wicked celebrated 20 years on Broadway. After the 7719th epic performance, (which included a visit from the show's original stars Idina Menzel and Kristin Chenoweth), present and prior cast members kicked up their heels at the Edison Ballroom. They also reflected on the impact of…
One of the greatest challenges of any new leader is to select their leadership team. Maybe some of their team is already chosen for them so they have to decide whether to keep those employees or not (if they are allowed to make these choices). Maybe they are given the…
Over six million former college students cannot access their college transcripts because their former school is holding the transcript for ransom as a debt collection tactic. Many of them will get a substantial reprieve next year thanks to regulations recently released by the Department of Education, which will ban colleges…
During the holiday season, we are presented with a myriad of tempting foods, much of which is unhealthy and can deplete us of energy. You don’t have to be a rocket scientist to know that good nutrition, along with ample sleep and good exercise, provide fuel that promotes your health,…
In the first two weeks of November, three research universities have reported multi-million-dollar naming gifts for academic programs. The historic donations include $30 million to the University of South Carolina, $25 million to Carnegie Mellon University and $36 million to the University of Nevada, Reno. University of South Carolina Nationally…
Do the humanities still matter? That’s been the question in headlines about higher education lately. The New York Times weighed in last week, examining the “existential crisis” facing these classic liberal arts programs nationwide. A big article in The New Yorker early in the year kicked off the serious hand-wringing,…
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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