Exceptional leaders often excel as skilled storytellers, and for good reason. Once a company hits a certain level of organizational complexity, one of the most important tasks the CEO has is to craft intellectually coherent and captivating narratives about the firm, its purpose, and its performance. Failure in this task means undermining the very existence of the company; a sin…
Elon Musk is in a “no-win situation” if his potential cage fight with Mark Zuckerberg goes ahead—at least, that’s according to the tech tycoon’s own father, Errol Musk. Weighing in on the proposed mixed-martial-arts match, the retired electromechanical engineer explained that the world’s richest person risks looking like a bully,…
Creating an entrepreneurial mindset is a critical component for academics looking to become successful business owners, leaders or entrepreneurs — whom I refer to as academipreneurs. By using digital platforms, innovative technologies, massive open online tools (e.g., MOOCs) and proven business practices to establish and promote their own unique brand,…
It was just announced that the U.S. Supreme Court has struck down the long-standing affirmative action practice within college and university admissions, with the court ruling 6-3 that race-based admissions policies are unconstitutional. Despite mounting evidence that indicates that affirmative action programs have actually served to increase racial diversity within…
What numbers do you look at every day in your business?I come from a commercial banking background, so somewhat inevitably I’m a number and data-driven person. For us, we constantly monitor the lead indicators in terms of the quality of demand from small business customers and the supply of lending…
Mathias Döpfner, CEO of Axel Springer, the largest periodical publisher in Europe—and an increasingly major presence in American media—is trying to adapt his company to the new reality of artificial intelligence. New tools such as OpenAI’s artificial intelligence chatbot ChatGPT have created opportunities for media companies to cut costs by…
While most small and medium-sized businesses (SMBs) likely began as startups, they must remember their foundation for success by identifying workers with entrepreneurial DNA and duplicating a work environment that promotes an entrepreneurial spirit — otherwise known as intrapreneurship — within an organization. Intrapreneurship enables workers to operate like entrepreneurs…
Careers hold many meanings, varying significantly from person to person. The importance you attach to your career captures the core of your professional journey, including the dreams, values, and motivations shaping your approach to success and fulfillment. In a crowded professional landscape, standing out requires more than just a resume…
That’s one of many reasons the startup – whose tagline is ‘finally, fair insurance’ – recently celebrated reaching the milestone of helping 100,000 customers get better home insurance.“Along with transparent pricing, we use technology to make our products more affordable, while lowering operating costs and fighting fraud,” Jimmy says proudly.“Despite…
U.S.-based chief executives flew a lot in 2022, as corporate spending on private planes hit a 10-year high. Companies on the S&P 500 spent $41.3 million on private jets for their chief executives last year, according to the Financial Times, citing data compiled by ISS Corporate Solutions, an investment advisory…
Workplace intimidation is alive and well. Whether working remotely or on-site, employees continue to experience high levels of intimidation, often resulting in an environment made up of toxic behavior or bullying.The Workplace Bullying Institute (WBI) estimated that more than 48.6 million American employees experience some form of bullying at work.…
In a declining economy, startups face an uphill battle when it comes to securing funding.…
With all of the recent news about artificial intelligence (AI), it got me thinking about…
A while back, I took a couple of my grandchildren on a tour of the…
Startups face numerous challenges on their journey to success, and failing to overcome any one…
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