by Jim Schleckser | Jun 18, 2024 | Advisory Groups, Board of Directors, Business, Delegation, Leadership, Management
Many businesses are founded by inspirational leaders with a long-term vision for their company’s future. Sometimes, this vision includes the desire for the business to be passed down through multiple generations of the founder’s family. I’ve worked...
by Jim Schleckser | Jun 11, 2024 | Business, Decision Making, Delegation, Leadership, Management, Private Equity
As an entrepreneur, having a long-term vision of selling your business is a viable goal. However, it’s crucial to understand the factors that could impact both your ability to sell and the price you can command. By considering the buyer’s perspective, you...
by Jim Schleckser | Mar 5, 2024 | Business, Culture, Decision Making, Entrepreneur, Leadership, Management
In the business world, the phrase “reaching consensus” is commonly used, especially when a team is working towards aligning on a set of objectives. The aim is to promote procedural justice and achieve unanimity of views. But there’s a dark and ugly...
by Jim Schleckser | Feb 27, 2024 | Culture, Entrepreneur, Leadership
It’s stating the obvious to say that every company is aiming for success. After all, that’s typically why we take the lead or start a business in the first place, isn’t it? But there’s a hidden dark side to success. It can ultimately lead to...
by Jim Schleckser | Dec 12, 2023 | Entrepreneur, Leadership, Raising Capital, Strategy
Research indicates that approximately 90 percent of U.S. firms utilize a strategic management system in some capacity. In essence, they employ a system to gauge their advancement towards the strategic objectives they’ve established. Whether it’s through...
by Jim Schleckser | Nov 28, 2023 | Decision Making, Entrepreneur, Leadership
In our childhood, reading is typically taught at a single speed. Individuals often categorize themselves as slow readers if they take a considerable amount of time to finish a book, or as fast readers if they breeze through books like an ice cream cone on a hot day....