Written by AC Randall Top banking executives and economists are sounding the alarm: The U.S. and global economies are likely headed for a recession in 2023. More than 1 million private companies opened between March...
You Can’t Manage What You Can’t Measure Peter Drucker’s statement, “You can’t manage what you can’t measure,” is a powerful and frequently cited principle in business management. It emphasizes the importance of quantifiable metrics in...
For the past 5 years, I have been part of several mastermind groups that have helped me dramatically grow several of my own businesses. Below I will explain to you what mastermind groups are and...
I have two simple questions to ask you. 1. What color and shape is a STOP sign? 2. What color and shape is a YIELD sign? Pretty much everyone gets the first question right. Yes,...
Your ability to succeed in today’s economy is directly correlated with your ability to innovate. But most organizations change and innovate way too slowly, if at all. My Growthink colleague Stephen Lehtonen has developed an...
A few years ago, authors James Kouzes and Barry Posner wrote a great book entitled “The Leadership Challenge.” In it, they told the story of U.S. Army Major General John H. Stanford. Despite flunking sixth...
Today there are over 300,000 US companies actively selling into international markets. And despite all the current noise in the news around tariffs, protectionism, nationalism, etc. the horse has left the bar – it’s a...
I recently moderated a strategic planning session for a Texas-based developer and distributor of specialty software for the financial services industry. For them, on the one hand it was truly the best of times: an...
When you’re starting or growing your company, you’ll face lots of challenges and unfortunately realize failures more often than you’d like. One of the hallmarks of successful entrepreneurs is that they routinely overcome these obstacles....
