Vol. 50- Why punt? Go for it on 4th Down!

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.

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Article published -October 5, 2009larykirchenbauerhdr

 

Building a Business: Do you punt on fourth down because you always do?

Sure it’s normal, but what’s normal about his economy?

Two roads diverged in a wood, and I … I took the one less traveled by, and that has made all the difference.”

– Robert Frost

Several years ago when my father was in his final days, his bonhomie in full bloom, I sat in the room while the doctors administered a few basic tests to assess his cognition.

“What country do you live in,” they asked and Dad answered correctly.

“What city do you live in,” they asked. Dad answered “Grand Rapids,” correct again.

“What state do you live in,” they continued. Dad, ever alert, laughed and responded … “Discombobulation.”

I think my father would agree that the “state of discombobulation” is still a pretty good word choice today. So, maybe it’s also a good time for some fresh thinking … to shake things up, tip them upside down, to innovate … in other words, take a few calculated risks to see if we can generate some new ideas.

I read recently about Kevin Kelly, a high school football coach in Arkansas, who has developed a few football rules that most of us would find ludicrous, to wit:

1. His team hasn’t punted since 2007, when it did so as a sportsmanlike gesture in a very one-sided game.

2. They don’t kick field goals. (more…)

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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 our recruiting skills, launched goal and performance management initiatives among member companies and learned about the strengths and weaknesses of compensation as a high performance driver.
In my experience, few CEO’s devote the necessary time to Talent Management. (more…)

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Million Dollar Ideas

Forbes Magazine recently ran an intriguing article about eight different,  million-dollar businesses they discovered, each with a special niche. I love these articles because they highlight the different ways we can be successful and usually offer some unique insights from entrepreneurs who have an idea, however novel and offbeat, and…

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Begin planning for 2010

The McKinsey Quarterly, a publication of McKinsey & Company, recently published a short article offering Three Tips for planning in these uncertain times. It emphasizes the importance of developing multiple scenarios, rigorous monitoring and longer-term focus to enhance the success of your planning. (You'll need to register - for free…

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Win in a tough economy

You've heard much of it here before ... Take Action, Plan Carefully ... so take a minute to reinforce that mantra by reading a short article from the Harvard Business web site from Jeff Stibel, brain scientist and entrepreneur.As we know, small businesses employ more than half of our private…

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Read more about the article Leadership | The Fires You Want Are The Ones You Set
Fuel. Ignition. Oxygen. What it takes to set your business on fire and and keep it burning! (In a good way ;>))

Leadership | The Fires You Want Are The Ones You Set

Create your own firesFire has been around since before Prometheus stole it from Zeus and shared it with us mere mortals.We won’t revisit the penalty that Zeus bestowed but suffice it to say, Prometheus probably regretted his thievery.Are you spending your day putting out fires?It seems that most executives today…

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Do you find yourself always asking, “Where Are We?”

man-and-money-question-marks“Where are we” is a question I hear all the time.

Usually, the questioner is looking for some answers about the business landscape and where we might be in the trough between recession and recovery.

A challenging question but one that usually prompts a series of my questions:

Where are you, and how well are you and your company prepared for the rest of this journey?

Is Your System Foolproof?

Make sure that you have a foolproof system that holds your team accountable so that they know … that you know … what they need to get done, and that you’re measuring and tracking those initiatives to make sure they don’t slip through the cracks.
How have you gotten this far? (more…)

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