Publications

March 21, 2015

Weekly Report 15–10

SMALL BUSINESSES ARE “ENTICING TARGETS FOR HACKERS… who presume – often correctly – that controls are not as strong.” The absolutely critical factors in protecting data, after reasonable configuration of firewalls & anti-virus software, are to: (1) Establish a culture of security that includes training everyone to “understand the dangers of visiting unsafe websites, what... Continue
March 21, 2015

Weekly Report 15.10

SMALL BUSINESSES ARE “ENTICING TARGETS FOR HACKERS… who presume – often correctly – that controls are not as strong.” The absolutely critical factors in protecting data, after reasonable configuration of firewalls & anti-virus software, are to: (1) Establish a culture of security that includes training everyone to “understand the dangers of visiting unsafe websites, what... Continue
March 2, 2015

PARTNERSHIP CONFLICTS INCREASE AS FIRMS GROW and partners are added, founders are compelled to not only give up control but acknowledge the criticality of buy-in, decision-making becomes more complex and communication becomes more difficult. Conflicts inevitably arise over time as partners grow in different directions, priorities re-align, and almost always eventually over how to allocate... Continue
February 21, 2015

Weekly Report 15-08

A FAMILY BUSINESS GENERALLY HAS UNIQUE BENEFITS BUT ALSO VERY TOUGH CHALLENGES including: (1) Handling unqualified or dysfunctional family members who must be brought-in ‘just because’ they’re family; (2) The Entitlement attitude of next-generation members – that the business ‘owes’ them a job and high compensation & benefits; (3) Children ‘reporting’ to protective parents and... Continue
February 14, 2015

Weekly Report 15-07

HIDDEN BIAS MAKES MOST OF US SUSCEPTIBLE to judgments & decisions which are often misdirected and/or less than optimal. The process of quick decision-making, known as heuristics or mental shortcuts, is efficient and can be effective but is subject to these hidden biases, stemming from : (1) Overconfidence – the general tendency for people to... Continue