First Business

Business Articles

June 18, 2010

Considering Disadvantages of Hub & Spoke Management

In one global company, the chief operating officer had 18 direct reports from all aspects of his matrixed organization. He spent the vast majority of his time managing communications with each of them and acting as mediator of their disputes.Was …
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June 18, 2010

How to Conduct the Director Evaluation Process

Providing feedback to directors on their performance in the boardroom is not a new idea. The first time I conducted a director peer review was in 1997 for the board of the Bank of Montreal, one of the first major North American companies to …
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June 15, 2010

CFAA Can Help Companies Protect Against Tech-Savvy Ex-Employees

Gone are the days when a disloyal employee loads up his briefcase with customer lists, marketing strategies, customer pricing and other confidential information in the wee hours of the night before he quits his job to go work for a competitor or to …
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June 15, 2010

Company Boards Must Assume Cyber Attacks Will Occur

Cyber attacks are now so common that corporate directors must assume that their companies intellectual property will be stolen, according to experts at todays Bloomberg Link Boards & Risk Conference in Washington. Boards cant keep hoping they wont …
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June 15, 2010

When an Opportunity Presents Itself, Don't Get Caught "Missing the Boat"

If you, as a business owner, have missed the boat, it could mean that an opportunity presented itself but you were late in responding and failed to take advantage. You need to have a process to follow...(see page 13)
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June 11, 2010

Management: Exit Strategies

By Harry S. Dennis, III , for BizTimes: Vistage / TEC member Carol Coughlin has developed a set of tips for business owners who are positioning their company for sale. Her advice is practical and to the point.The bottom line: make sure that your …
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June 11, 2010

Performance: Personal branding

by Christine McMahon for BizTimes: You are always branding yourself. Everything you do and say as well as how you engage with others creates an impression and that impression, reinforced over time, becomes your personal brand (PB).Whether you …
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June 11, 2010

Sales: Guard your Time

By Jerry Stapleton, for BizTimes: Youve got a customer. In fact, its a very profitable, long-standing customer that pays its bills and is just generally great to work with.Its the kind of customer you wish you had more of.This customer calls and …
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June 09, 2010

A Practical Guide to Branding

Define your brand identityyour product's "personality"before you spend a dime on advertising or marketing.Talk to entrepreneurs about their marketing and communications efforts, and they'll often use the words "branding," "marketing," and …
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June 04, 2010

Discover Your Leadership Blind Spots

Too often, leaders demonstrate behavior that sabotages their success and undermines both their team and their organization. To succeed as a manager, you need to learn how to recognize your blind spots and overcome them. Let's not kid ourselves. We …
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June 04, 2010

For Leaders, There Is No Off Switch

Does this mean that I have to watch what I sayand worry about how I actin every meeting for the rest of my career?" Harry asked. I had been asked by the present CEO, Jim, to coach his direct report, the potential CEO, Harry, who was an executive …
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June 04, 2010

The Last Word: Ride out the storm

The Great Recession posed challenges for all industries, but the construction industry has been one of the hardest hit. Brookfield-based Hunzinger Construction Co. has been in business for more than 100 years and has constructed some of the …
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