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CEO Surveys
Do CEO Surveys constitute a reliable bellwether, or are they little more than well packaged corporate propaganda pieces? The answer is yes on both accounts. Not only does N2Growth conduct CEO Surveys, but so do most other consultancies. It has been my experience that the determining factor in whether or not CEO surveys are reliable can be found solely in whether or not the data is being published…
What would you do?
What would you do if you didn't need to work? Would you golf more, travel, volunteer, spend time with family and friends, teach, or go into politics? A friend of mine called me today, told me that the sale of his business had closed and that he had enough money to never need to work again. He informed me that he had put together a list of people he respected and was calling to ask what I would do…
Crisis Management Can Be Profitable
Crisis management can in fact be a profitable endeavour when handled properly. If you are in business for any length of time you will at some point in time be party (willing or unwilling) to a major crisis that can affect not only the company you work for, but your career as well. A large portion of my practice deals with advising corporations and executives during a crisis to protect the…
The Hierarchy of Knowledge
Today's Myatt on Monday's question comes from a CEO who asks: "what is the best way for me to synthesize the overwhelming amount of incoming information I receive while making the best decisions possible in a timely fashion?" While I have written often on the subject of decision making, today's question is a bit more narrow in scope asking for advice surrounding the filtering of various inputs.…
Attorney-Client Privilege
Attorney-client privilege is an often discussed and mostly misunderstood legal enigma. It has been my experience that many business people don't have a clear understanding of when this privilege exists and when it doesn't. This possibility for confusion can sometimes lead to a consumer of legal services thinking that their legal matters are protected when they are not...In fact, I had an…
Character Matters
Character Matters...if our society can take anything away from watching the ridiculous nature of the public debacles that seem to occur on a daily basis, it should be that Character Matters. Character; that oft discussed leadership trait that seems to be inexorably tied to sustainable success...while much has been written about the importance of character, there is surprisingly little information…
Employment Agreements
The need for a sound employment agreement is not something to be trivialized. I recently received an e-mail from a CEO who was unceremoniously "asked" to resign by his board of directors. He asked me to author a post on the value of employment agreements in the hope of preventing other CEOs from unnecessarily subjecting themselves to a forced resignation scenario. So, in today's post, I'll…
A Real Hero…
A Real Hero...they do in fact exist. But just in case you've forgotten what a real hero looks like, or if your senses have been dulled by the media fascination with celebrity worship, then I would suggest you take a close look at Chesley B. "Sully" Sullenberger III. The captain of US Airways flight 1549 is without a doubt a true hero. His calm demeanor, excellent decisioning skills, and command…
Blogging for M&A
I think it's fair to say that Blogging for M&A has arrived when two banks merging spawns a blog. I saw a tweet (code for twitter post) from Dan Schawbel about the new Wells Fargo - Wachovia Blog which is dedicated to topics directly related to the Wells Fargo / Wachovia merger, and I simply couldn't resist the opportunity to applaud the efforts of Wells Fargo on this initiative. This is the…
The Innovation Song
The Innovation Song you ask? That's right...The above video contains a song performed by a Stanford student which was submitted for his final project for a class entitled: "Innovation and Implementation in Complex Organizations." The song was intended as a tribute to Gordon MacKenzie's "Orbiting the Giant Hairball," a book that puts forth some thoughts on how organizations can better address the…
The Counter-Intuitive CEO
Great CEOs are counter-intuitive. They don't subscribe to herd mentality, rather they use their contrarian instincts to exploit opportunities, to create advantage, to build strong leadership teams, to expand market share, and to increase brand equity. A global recession is nothing more than an excuse for poor leaders to assign blame for weak performance elsewhere. [Tweet "The counter-intuitive…
Boosting Personal Productivity
Has the speed at which business is transacted in the 21st Century completely overwhelmed you? Now that we're approaching the end of the year, have you been as productive as you'd hoped for? Do you find yourself flirting with disaster by constantly brushing up against deadlines? Are your work hours increasing without a corresponding increase in income or satisfaction? Do you wish you had more time…
Search Engine Marketing
Search Engine Marketing has always played a critical role in managing the visibility of a company's online brand. However, with the Internet becoming what is arguably today's dominant medium, Search Engine Marketing has also risen to become a key driver in a company's overall brand strategy. Regrettably, the maturity of the products and services that comprise search engine related disciplines…
Good Money After Bad…
Good money after bad...this is perhaps the most apropos description of the current proposal to bail out the big three US automakers. Have we learned nothing? Are we again going to let fear-mongering subject us to more flawed decisioning? The lack of management and accountability for the trillion-dollar government bailout of the mortgage and finance industry has been nothing short of amazing to…
Innovate or Perish
Innovate or Perish is a battle cry that I have long espoused to my clients. I can't think of a better example of what can happen to those companies that fail to innovate than the rumors circulating about the Tribune Co. The Tribune Co., owner of the Chicago Tribune, Los Angeles Times, and other once-revered trophy brands is hemorrhaging under the burden of huge debt obligations, insufficient cash…
The Next Collapse…
It seems as if the more layers of the onion we peel back on the chaos in the capital markets the worse the news seems to be. I have long been a believer in the axiom "where there's smoke, there's fire," and trust me when I tell you that the fire is far from being under control, much less extinguished. You see while most of the attention in the mainstream media has been focused on the debacle in…