May 10, 2015
REPLACING KEY EMPLOYEES, beyond the loss of operational knowledge, wisdom and connections, has a projected price tag of up to 150% their annual compensation, plus productivity loss of perhaps a 3-month ramp-up. So employee retention policies & procedures are a... Continue
Weekly Report 15 – 19
May 5, 2015
CYBERSECURITY IS NOW A MAJOR CHALLENGE for legal and professional service firms who still view it as an I.T. matter, the traditional paradigm, rather than an enterprise risk management function. But absence of effective security may encompass “policy, legal, compliance,... Continue
Weekly Report 15-18
April 26, 2015
FAMILY-OWNED BUSINESSES ARE SELDOM MANAGED in a manner compliant with best business standards or practices. Controlling owners are often uncomfortable wearing multiple hats; family members may have expectations, envy, ego, insecurities or entitlement issues; communication is often stifled by emotional... Continue
Weekly Report 15-17
April 22, 2015
‘MEETINGS’ WHICH CONSUME SUBSTANTIAL WORK TIME OF EXECS, MANAGERS AND PROFESSIONALS are quite often ineffective, when sensible decision-making gets obstructed by inherent biases in the behavior of participants. Their influences include: (1) a ‘Halo Effect’ when one idea or argument... Continue
Weekly Report 15-16
April 10, 2015
THE LEADERSHIP MODEL WHICH DCG HAS PREACHED FOR DECADES has been substantiated by a major McKinsey survey of 189,000 people in 81 diverse organizations around the world: “While different business situations require different styles of leadership…four core behaviors account for... Continue