The evidence keeps accumulating.
Last month the Wall Street Journal reported on additional research confirming the disadvantages of boards with too many independent directors.
This is not surprising. Although directors oversee and don’t manage, a board can do its job more effectively if it has a better grasp of what could work well for the company. Independent directors may have Continue reading “More Evidence for Directors with the Right Background” »
In today’s era of rapid change and potential disruption, business leaders are often prone to exercising their bias for action. When change threatens an industry, such bias for action might be viewed as advantageous. If an industry is hit hard by disruptive threats, doing something—anything, even if it’s risky-is often perceived as Continue reading “Do You Roll the Dice or Do You Want to Win?” »
I am honored that a comment I posted online near the start of this year was published in the ”Interaction” section of Harvard Business Review’s May-June 2017 print edition. The “Interaction” section in Harvard Business Review’s print edition showcases a limited number of comments selected from those posted online on Harvard Business Review articles.
What I commented on was Continue reading “Novelty Is Not the Only Way to Stand Out—Harvard Business Review’s Print Edition Published My Comment” »
Properly managing a company’s shift from the old to the new can markedly improve business success. Online shopping (the new) has been growing and more and more physical stores (the old) are closing. While this unfolds, however, additional benefits of bricks and mortar locations continue to emerge. Based upon my 25+ years researching business success and failure patterns, companies that do a good job integrating Continue reading “As Other Retailers Close More Stores, Kohl’s Values Keeping Them Open, Integrating Old with New” »
Today’s times are characterized by uncertainty and rapid change. Businesses face uncertainty about how their markets might change, which key players will dominate the newly emerging business landscape, which ones will make “Winning Moves” and which ones will stagnate or decline.
Consequently, many business have encountered Continue reading “Changing Times Bring Tremendous Opportunity, but also Potential Peril” »
