Strategy: Mission Statements

As much as we want to be everything to everyone; life and business just do not work that way.  Companies that succeed know they need to hone their focus on their vision.  They translate this vision into a powerful mission statement.  They realize that  mission statements are more than pithy phrases or something to fill [...]

5 Financial Rules for Startups

Friday, 4 September 2009, 13:44 | Category : business plan, business start up, execution, funding, leadership
Tags : , ,

Anita Campbell recently posted this piece in Small Business Trends – great website.  The write up appears to be based on input from Mark Cuban. I have nothing to add, its sage advice from people who have been in the trenches of start ups.  I thought it was worth sharing.
“You’re not spending enough money.”  That is [...]

Hotel’s Marketing Undesired Consequences

In the last year and a half, I know of two personal instances where friends and acquaintances received direct mail from a hotel and the outcome could not have been what was intended.  In fact, one case, I can say they lost business as a result.  I cannot help but think that this is just [...]

Nature’s Top 10 List

From the July 2009 issue of FastCompany Magazine came Adam Werbach’s list of Nature’s 10 Simple Rules for Business.  I thought they were worth repeating.
From the emerging fields of biomechanics and biomimicry, scientists are decoding rules that businesses can apply so they become as hardy and long lasting as a forest.  Nature, after all, has [...]

Risk Aversion and Lessons Learned

I grew up in the Midwest, tornado country and we always had a plan, at school we trained by getting in the hall way, moving away from windows and making ourselves as small as possible.  At home we knew where the candles, and emergency supplies were kept and the safest room in the house.  Living [...]

Public Companies in Silicon Valley are on the decline

A news article recently spoke of the number of public companies have been on the decline in recent years, and certainly before the current financial situation.  One obvious reason might be Sarbanes-Oxley.  How does this impact VC business in the Valley?  Opinions are mixed, but since a lot of VCs invest for that “pop” at [...]

Charters – a must for projects and beyond

A charter is a wonderful tool that keeps all the stakeholders in agreement regarding the project. Project managers are well versed with a project charter because it is a foundation piece that helps build consensus as the project kicks off and teams are developing.
Other names for project charter include “project definition” or “terms of reference”. [...]

Corporate Goal Setting – More Risk than Reward

The Economist has an article recently detailing the risk of corporate goal setting, and I found a great quote by the Academy of Management Perspectives, in the article noting that goal setting is widely considered “a benign, over-the-counter treatment” for improving corporate performance when in fact it is “a prescription-strength medication” that should be used [...]

The Seven S’s – a management framework

Given the Persian New Year is around the corner with its use of 7 S’s, I thought the discovery or rediscovery of The Seven S’s Framework to be serendipitous. The Seven Ss is a framework developed a few decades back for analysing organisations and looking at the various elements that make them successful. The [...]

American Recovery and Reinvestment Act of 2009

The following links have information provided by the US Government on the recently passed bill. I have not yet read it all, but I appreciate the opportunity to dig into the details.
American Recovery and Reinvestment Act
Federal website showing how the funds are being spent
Summary of the Act
Please stay informed.

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