applied know how
As a member of Boards I often found that I was involved in turf wars between some Board members and some operational staff. It wasn’t pretty when old guys (like me) want to run the business on a day to day basis (not like me) and it takes both great mental strength and tact to steer them away from becoming the de facto commercial or operations person.… Read more
I am set to publish a 4 part series on managing boards of Directors over the next two weeks.
I hope that this is of use to those readers who are parts of Boards or who are about to either set up their own Board of Directors or Advisors, or joining similar Boards.
Being part of a Board is very different from being on a management team- different skills, different attitudes needed.… Read more
Our economic future is increasingly in her hands.
We have been enjoying a ZIRP (US zero interest rate policy) world recently. With the improvement in the US economy, the Fed suggested at its policy meeting in March that the program may end this coming autumn and it may start raising interest rates about six months from then. The latest pronouncements have underlined this, pointing out that the Fed responds to data and the data is looking better and better.… Read more
Like you I read a certain amount of economic forecasts and share price forecasts. This was especially true when I was creating budgets for the next year- GDP forecasts were one of the few things we could identify to assist benchmark our plans. I scoured research to provide some insight into what the future offered.
Once found, I didn’t take the time to actually verify the quality of sources, I had no idea how accurate they had been the in the past and whether the information was actually useful.… Read more
We’ve all been in meetings where you’re presenting your ideas, and all you get is negative energy. People complain your idea is impractical; it can’t be done. They bring up a laundry list of objections.
You can either call off the meeting at this point and can your idea; or you can turn this negative energy into positive results.
How, you say? … Read more
