How are you going to fill YOUR Leadership Gap?
The Center for Creative Leadership recently completed a large survey to assess the leadership competencies need for success, both now and in the future.One of the skills that I highly…
Competence. Confidence. Caring. You’re done!
By now, you know that the Sunday NY Times Corner Office series is oft-quoted here to highlight varying aspects of leadership that flow from Adam Bryant’s conversations with notable CEOs and business leaders.
This week he interviewed William Green, Chairman and CEO of Accenture. Read it in its entirety as a refresher on important elements of leadership.
Green reminds us that there is an abundance of talent that we’re not mining … (more…)
Death … Taxes … AND Succession Planning!
The sudden resignation of Ken Lewis from Bank of America highlights, yet again, the risks that family and other businesses take in failing to prepare for the inevitable succession of leadership.
A succession plan doesn’t mean you have all the work done and the perfect successor is comfortably waiting in the wings, although that would be desirable. It does mean, at a minimum, that you have an interim CEO in place who can hold down the fort while certain details are worked out and long term plans are implemented. Developing an emergency plan also gives the Board or family a chance to discuss these often thorny subjects without stockholder worries, employee hand-wringing or the emotional burden that comes with a fallen leader.
Often, this process highlight gaps within the family or board about the suitability of a particular successor. (more…)
Congratulations to Mary’s Pizza Shack
Congratulations to Vince Albano, CEO and member of the CEO Round Table, and his entire family and team. They have just been awarded Business of the Year by the Sonoma…
Selling part of the family business
The NY Times carried an article about the Crane & Company, the venerable producer of fine stationery and exclusive maker of U.S. currency with more than a 200 year lineage.…