Tuesday, April 28, 2015

Building an Effective Board of Directors

A board of directors can be very beneficial for the growth of your organization. While there are benefits, there are also pitfalls. Whether you are a nonprofit or for profit enterprise, before you choose members, it’s important to be clear about the role of the board.

In smaller nonprofits, the intent may be to have a

Wednesday, April 15, 2015

The Hidden Danger of Not Delegating

Successful leaders aren’t afraid to admit that someone else can do their job. It may sound counter-intuitive, except, to be able to grow and take on new responsibilities, you have to be able to shed your current tasks and re-invent your job description. You have to make yourself obsolete by growing and delegating.

We all know how good it feels to be the go-to person for a specific set of responsibilities. However, if you’re still

Tuesday, April 7, 2015

3 Secrets to Successful Mergers & Acquisitions

Mergers and acquisitions can be a great way to grow a business. It is an effective way to grow market share, acquire technology or talent, expand into new geographic locations, increase economies of scale, etc. It also has drawbacks. Aside from it being an expensive way to grow, it is a marriage of two companies that have preexisting identities and cultures. Effectively combining the two to make one new organization has been a challenge for senior leaders over the decades. In fact, more than