WRITINGS

Ten Outcomes in a Post-COVID-19 Economy

COVID-19 is the economic equivalent of a wildfire.  The US economic landscape has blighted overnight and it will take time for new growth to appear.  So, I am stunned by the speculative timetables being put forth by politicians about when the US economy will get back...

Maximizing Shareholder Value is a Dumb Idea

With the recent passing of Jack Welch, GE’s iconic CEO, I wanted to highlight a moment in his career when he made a rare shift in his otherwise outspoken business philosophy.  In March 12th 2009 interview with FT Jack denounced the business objective of “maximizing...

Top Five Checklist for Business Conferences

We’ve all gotten these ubiquitous solicitations from business conference promoters and like me some of you click on the link to dig deeper into the promises. I have attended too many of these business conferences; initially as a participant and later a speaker. Based...

Strategic Planning for Small Business

What’s the Strategic Plan? This is one of the most over-used phases in business and implications of the answer can create anxiety in CEOs, boards and investors alike.  The strategic plan has taken a lot of hits in the business conversations lately, mostly questioning...

Early-stage Business Transition

The transition to becoming a profitable mid-stage enterprise is the most challenging period a business will face in its entire lifecycle.  The maturation to a stable business can be particularly challenging for the CEO/Owner who faces new types of risks...

US Bankers Continue To Destroy Value

In a capitalist system the financial sector is supposed to be the grease that makes the wheels of the economy move forward – not be the wheels. In their outstanding book 13 Bankers – The Wall Street Takeover and the Next Financial Meltdown, authors Simon Johnson and...

The Short Sale

The CEO of a one man company dies outside of his investment bank and the banker who observes the tragedy quickly shorts the common stock of the company. Nice to know much hasn't changed in the world of investment banking.