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Where’s the revenue? What Stimulus?

Finally, a few observers are beginning to get it … that increased reported profits are the result of cost reduction but mask the continuing decline in revenue, which is critical to job creation. Almost 75% of S&P companies have reported quarterly results exceeding analyst estimates but top line results are slow to rebound. Corporate revenue…

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CEO Round Table – Q309 Update

During the last several meetings of the CEO Round Table, we’ve invested a lot of time with leading experts to discuss “Talent Management” issues. Experienced CEO’s understand that building a high performance company centers around the recruiting, retention and performance of talented executives. In building our knowledge and insights into these critical challenges, we’ve improved…

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SBA Loan Program disappoints again

Despite all the recent publicity about the SBA’s “helping hand” to small business, recent reports tell another story. Loan volume in dollars is down $3.6 billion, around 27%, and 25,000 fewer businesses have been served this year. Pretty woeful record when programs to support Wall St. and the banking industry got delivered virtually overnight ……

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Why do CEO’s make dumb decisions?

Chief Executive magazine recently summarized some reasons why Chief Executives make mistakes. Some of these are well-known to most of us … predetermining the outcome before a thorough deliberation, praying for synergies when they don’t exist, failing to take account of the changing landscape. You need to solicit honest input, submerge your preconceived notions and…

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Cheating? Who, me?

Dan Ariely, author of Predictably Irrational, is an insightful guy who recently performed some studies regarding cheating. (You’ll need to scroll down to the 3rd article.) What he found suggests that some predisposition toward cheating may come from events that occur just prior the incident. He discusses, for example, one case where people were found…

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Who cares? You should!

Patrick Lencioni has got it right in his guest column in Business Week recently: There’s no substitute for taking an active interest in the lives of your employees. The MBWO – “managment by walking around” theory has always been popular in these pages as a simple, no-cost tool to stay in touch with employees ……

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No substitute for Leadership Team

I mentioned here before about the regular Sunday NY Times feature called the Corner Office, which summarizes conversations with various CEO’s about leadership, lessons learned, interviewing techniques, etc. Here are 4 key lessons. Build your Leadership Team Sunday’s column interviewed Lawrence Kellner, CEO of Continental Airlines, who reaffirmed several points emphasized on this blog. First,…

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Vol. 49-Sinful Excess – Greed, Gluttony, Lust

The North Bay Business Journal, a publication of the New York Times, is a weekly business newspaper which covers the North Bay area of San Francisco – from the Golden Gate bridge north, including the Wine Country of Sonoma and Napa counties. This page provides the Print-Friendly Version of the article, as published. Any related…

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