Don’t skip this! Create Goals that Have Meaning

Creating goals that have meaning

“It’s just a goal.”

That’s a phrase I’ve heard too many times when a business leader engages in a performance review with an employee or when companies embark on a corporate planning effort.

Do they mean that a goal is more like a road sign, pointing the way without regard for whether you actually arrive?

Is it like the proverbial carrot dangled on the stick in front of us, with some motivational value but with no expectation that we will ever feast upon it? (more…)

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The need for independent directors

As you know, I have long advocated the value of independent directors in the middle market. They bring perspective and diversity to family businesses in particular, and more subtly, help keep the conversation focused on business issues rather than emotional ones.

The SEC is now proposing for comment, landmark changes that will allow small groups of shareholders to force the addition of independent directors. (more…)

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