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What Not to Do When Business Sours

In the CEO Afterlife

When I was a CEO, I managed to squirrel away a “rainy day” fund for nasty business blips. Having come out of a consumer goods background, I’ve seen many a case of cuts to the advertising budget. Fortunately, in the social media world, massive budgets aren’t required to engage consumers. At best, they are managers.

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What Not to Do When Business Sours

LDRLB

When I was a CEO, I managed to squirrel away a “rainy day” fund for nasty business blips. Having come out of a consumer goods background, I’ve seen many a case of cuts to the advertising budget. Fortunately, in the social media world, massive budgets aren’t required to engage consumers. At best, they are managers.

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Shutting Down Your Business Gracefully

Harvard Business Review

A strong, transparent, and trust-driven culture plays a central role in driving a scale-down decision and in managing the process as the it unfolds. Hammering home the point, the client added, “It’s probably a good time to terminate our contract.” Managing Cash. Home Run Media’s Turning Point.

Media 8
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What Does It Take to Create a Good Design Team?

Strategy Driven

Is it more important to create a better designed circuit board or website, or to keep to the development costs within the budget set by upper management? It’s important that the team leader embraces diversity in the ranks and does not see a culture developing where people who are different get hammered down until they conform.

Team 64
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What to Do When Your Boss Says No

Harvard Business Review

” He told me he regularly said no — to more staff, to bigger marketing budgets, to additional equipment. While this belief is true at times, it leads us to underuse our creativity and our determination to work with what we have. Without a larger marketing budget, sales will drop. His answer blew me away.

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Big-Project Engineers Have to Deal with Too Much Red Tape

Harvard Business Review

Nineteen days later, as rescue crews grew desperate, a 24-year-old field engineer named Igor Proestakis decided to travel to the site with what he hoped was a breakthrough idea: using a particular drilling technology, called cluster hammers, to cut through the collapsed rock. Insight Center. Innovation in Cities.

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The 5 Requirements of a Truly Innovative Company

Harvard Business Review

In a McKinsey poll , 94% of the managers surveyed said they were dissatisfied with their company’s innovation performance. Over the past two decades, we’ve led dozens of innovation projects and have talked to thousands of managers about the challenge of building a high-performance innovation “engine.”