by Jim Schleckser | Jul 9, 2019 | Board of Directors, Business, Culture
I have written before about advisory boards and the steps you can take toward evolving that board into a more formal, fiduciary board for your business. But there are also steps you can take in the near-term to leverage your board in a different way to help grow your...
by Jim Schleckser | Jul 5, 2019 | Leadership
You may have unwittingly handed over control. Anytime we create a new board or committee, we inevitably skew toward using an odd number. And there’s a good precedent for why we do this: we need an odd number to break a tie. There’s a reason, for example,...
by Jim Schleckser | Jun 11, 2019 | Advisory Groups, Board of Directors, Growth
I’ve written before about whether you need an advisory board or not. As your company grows, there is actually a natural evolution in the kind of board your company needs. It’s been my experience observing thousands of companies that there are actually three levels of...
by Jim Schleckser | Jun 2, 2019 | Culture, Decision Making, Delegation, HR, Leadership, Talent
One of the fundamental management tenants I have used in my career, something I originally first learned from one my large and successful customers, is that you don’t want to have two managers in a row that don’t know. Let me explain what I mean by that....
by Jim Schleckser | May 30, 2019 | Business
Why Your Investment Banker Isn’t Really On Your Side They Have the Wrong Incentives and Motivation When you’re going through the process of selling your business, one of the first steps you’ll make is to hire an investment banker. These are the guys...