I’m what you call “old school.” I enjoy reading the news the old-fashioned way: on a newspaper that takes two hands to hold, with different sections falling out of my lap and newsprint on my fingers. However, with so much bad news in the headlines in 2020, I find myself failing to enjoy this previously […]Read More
We live in a globalized world, one in which most organizations of any size have customers, supply chains, and outsourced services teams spread across the globe. Modern companies are able to leverage talented, inexpensive labor, low transportation costs, and (relatively) free-trade policies to manufacture goods more efficiently, and the growing international consumer class enables them […]Read More
Lessons for 2020 from the Disaster of 1985 The economy of the United States is like a huge freight train. Imagine being on that train, barreling down the tracks at 90 miles an hour. You are sitting on that big engine with the wind blowing in your face and a clear track ahead. It’s exciting. […]Read More
Annie Duke has evolved from professional poker champion to one of the top authorities on decision strategy in the country. Her bestselling book Thinking in Bets is all about making sound decisions in the midst of uncertainty—so she seemed like the perfect person to talk to about the uncertainty that currently reigns in the world […]Read More
Prices, customers, and especially competitors are all difficult variables for executives to control. But there is one variable over which executives can exert some level of control: cost. As such, it is the role of the executive to minimize costs and, more broadly, build a culture that values the same. Lean is a proven method […]Read More
Startup Success: A Startup Fundraising Series How Does a National Crisis Affect Startup Fundraising? I have three adult daughters and two granddaughters. During the recent coronavirus outbreak, I worry most about their personal health safety. But I’m also worried about their personal financial security, and that causes me to think about the financial health of […]Read More
For the last decade, Texas has been a job-creating machine. In fact, in that period, jobs have grown twice as fast here as in the rest of the nation. When Governor Greg Abbott announced in January that Texas Business Facilities Magazine had named Texas “State of the Year” for 2019—recognizing it as the best state […]Read More
With so many companies asking employees to work remotely due to the coronavirus pandemic, it’s up to CEOs to help employees ease the transition from working in the office to working from home. For some people, the adjustment is seamless—they’ve been enjoying their home-cooked lunches and the ability to start a load of laundry between […]Read More
The events of the last few weeks have been shocking—both from a societal viewpoint and the impact on individuals, governments, and businesses worldwide. After being a lender through the Texas real estate crash of 1986–1990, the tech bubble bursting and 9/11, and the 2008 financial crisis, I see elements of all of those events unfolding […]Read More
During times of economic uncertainty, the CEO’s burden of command becomes heavier than ever. As always, we are asked to make the tough decisions and meet the needs of employees, customers, and shareholders—only now we are doing it with fewer resources, in a climate of fear, and under a harsh spotlight. This special issue of […]Read More
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