Same-day delivery isn’t a new idea. Businesses of all types routinely need some critically-important item, right away—not tomorrow, not next week, but within hours. Take a retailer that runs out of stock of a hot-selling, highly profitable item and needs to restock immediately while demand is still high. Or a factory where a broken pump has shut […]Read More
CEO Succession Research Says Outsider CEOs Generate More Extreme Results
When a firm replaces a CEO, everyone involved typically goes through a period of high stress. The board faces a highly consequential decision, the organization faces uncertainty, and the newly appointed CEO faces a fresh challenge—all under the watchful eye of shareholders and the market. One of the most frequently studied factors in CEO succession […]Read More
When a fan buys a ticket to a professional sporting event, they have learned to expect some form of promotion. This trend reflects a larger shift in the sports world, as promoters work to make the experience more entertaining rather than relying solely upon team performance to attract fans. Today, promoters are on a continual […]Read More
As head of the entire organization, the CEO is expected to have a working knowledge of each functional area of the business. But as technology evolves at dizzying speeds, it’s not always easy to keep up. You may have thought, for example, that you understood marketing nomenclature, but now noticed that it’s getting harder to […]Read More
We all know the cliché “People are our most important asset.” But how can CEOs follow through on this truth? How do you find superstar employees, attract them to the company, and retain them? We talk about some unique tactics for CEOs to create companies where talent can thrive.Read More
The Opportunity and the Team In December 2014, my former CEO Mike Shultz called about a developing opportunity. The SEC was holding corporate directors personally liable for cybersecurity breaches if they hadn’t exercised “prudent business oversight” beforehand. Mike wondered if we could combine a software platform with litigation insurance to protect the directors. Since together […]Read More