Once and for all, let’s clarify the difference between Advisory Boards and Boards of Directors. People often believe they are one-in-the-same and use the terms interchangeably. When, in reality, they are very different entities. And although they are both important, they wield very different levels of power. The shareholders or members typically elect the...
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Did you really understand what your company’s balance sheet, profit & loss statement, and cash flow report were revealing to you the last time you looked at them? If your answer to that question was “What’s a balance sheet, and those other things you mentioned?” you are in danger of losing control of your...
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In my training and consulting work, I am frequently and discreetly told during breaks “I didn’t handle myself too well this morning” or “I was so frustrated with my team yesterday, I just screamed at them.”  When I hear comments such as these, I ask the confessor, “So, did you admit to them that...
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I recently bumped into “Terry,” the president of a company I worked with four years ago.  During my engagement with them, we’d done strategic planning, leadership succession planning, and lots of management team and systems development (i.e., process and procedures development and management training). Because it’d been awhile since I’d worked with them, I...
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