Second Order Consequences and the C-Suite

Being a C-Level Executive means having a point of view about the future.  Many executives limit their thinking about the future to the initial impact of a particular change but don’t think about what happens after that. Business (and life) is often like a row of dominoes:  we push one over and that in turn… [Continue Reading]

Tectonic Tech

“Technological advancement is greatly overestimated in the short run and greatly underestimated in the long run,” remarked science fiction writer Arthur C. Clarke.  The Director of Industry Strategy for Adobe shares  “6 Tectonic Shifts in Tech Every Executive Should Know” based on research at the World Economic Forum.  You have probably heard of each of these,… [Continue Reading]

Crimes Against Pizza

Quality isn’t everything.  Case in point: Domino’s Pizza.  Founder Tom Monaghan discovered that the key to success in the pizza business wasn’t great pizza, but free delivery.    But no competitive advantage lasts forever and the company’s subpar pizza began to deliver subpar results, no matter how fast it’s delivered, especially after several accidents, one fatal,… [Continue Reading]

Econ Recon

A Strange and Powerful Truth:  Alan and Brian Beaulieu of ITR Economics in a short but important blog entry dispel some nonsense about declining American incomes…and issue a warning about the consequences for CEOs of rising ones.  Find out what they have to say about Managing Your Labor Costs. Take a Hike:   Economist Brian Wesbury… [Continue Reading]

Got Peers?

If you’re reading this  and have not availed yourself of membership in Vistage or other C-Level Peer Group,  take a few minutes for an overview of peer power by a man who literally wrote the book on the subject.   Leo Bottary, author of  “The Power of Peers” was recently interviewed on a major Midwest radio… [Continue Reading]

I, Pencil

Those who are concerned that China’s economy will surpass ours should consider the following “required reading.” China just announced to great fanfare that after years of effort and millions in investment, it has managed to produce… a ballpoint pen! (This was accomplished in the US about 80 years ago).  Before you read on, check out… [Continue Reading]

Do the Exit Interview FIRST

Most CEOs know that job tenure is far less today than the “lifetime employment” of generations past;  but if so, why not find out what the prospect intends to do AFTER they leave your employment.  That’s what LinkedIn’s head of recruiting was challenged to do by his CEO.  Maybe you should too.  Check out this short… [Continue Reading]

Walt Disney – His First Vision and His Future Vision

The year 2016 will mark the 50th anniversary of Walt Disney’s passing (that makes a boomer feel old!).   After his death, several CEOs tried various departures from Disney’s original vision.   In recent years, the company has returned to its roots of focusing on great content in general, and superb storytelling in particular.     Walt not only intended… [Continue Reading]

Salary Equalization: Is It The Correct Decision?

It’s often said that the “road to Hell is paved with good intentions.”  This past week, a young CEO, Dan Price, who founded Gravity Payments, a credit card payments processing firm, cut his pay from $1,000,000 to $70,000 and raised the pay of ALL employees making less than $70,000 to that level. We hear a… [Continue Reading]

“Disruption”: Dumb Luck or Deep Understanding?

We often think of “disruption” as belonging to the realm of startups or big, but innovative and relatively young companies like Google or Apple.  Is it luck…is it art… or is it science?.   One really old, really large company that makes many products you use every day knows that disruption upon occasion can be due… [Continue Reading]