We hear a lot about the importance of hiring professional managers to replace the entrepreneurs who drive a company’s successful growth. We are repeatedly reminded that the growing companies need to ultimately replace their entrepreneurial leaders with professionals who can bring in more sophisticated management techniques.
Granted, high growth companies will eventually Continue reading “When the Entrepreneur Who Built the Business Leaves” »
Find a market need and fill it. Then scale up the business so it can grow much larger. Sounds like a recipe for success. But, there is still an unanswered question. Will it last?
We are reminded of this in Continue reading “Fill an Emerging Market Need and Scale the Business, but Will It Last?” »
As technology gains importance, strategic decisions about focus often entail issues related to digital transformation. A narrower focus has long been known to have advantages over being spread too thin. On the other hand, however, businesses can often benefit from some Continue reading “How Much Focus Is Appropriate for Digital Transformation?” »
With technology changing rapidly, businesses face the need for technology transformation. But, the type of tech transformation that works superbly for one company, might not work well and could even be disastrous to another. This can be true even if Continue reading “Tech Transformation Is Not One Size Fits All” »
We hear a lot about the ill effects of focusing too heavily upon the short term. Successful endeavors often require a longer term effort. But, can there be too much emphasis on the long term? Continue reading “Don’t Focus Too Much on the Short Term, but What about the Long Term?” »
