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An Interim CEO Could Save Your Business

An Interim CEO Could Save Your Business

I’ve written recently about when it’s time to look for a new CEO and also why so many successions fail. Often, though, the problem of where to find a replacement comes up, especially with The Great Resignation firmly underway and a well-documented shortage of staff...
Why CEO Successions Fail and How to Avoid This

Why CEO Successions Fail and How to Avoid This

$1 trillion a year. That staggering figure is the estimated cost, in lost market value, of badly managed CEO and C-suite transitions in the S&P1500 according to research published in the Harvard Business Review last year. The research believes that better...
The Role & Responsibilities of the Company Board

The Role & Responsibilities of the Company Board

Many small and medium sized business owners believe that they don’t need a board for their company, but nothing could be further from the truth. In fact, SMEs benefit even more from the experience and skills of a proper board than large ones, and by understanding the...
Drive your Business by Looking Through the Windscreen Not the Rear-View Mirror

Drive your Business by Looking Through the Windscreen Not the Rear-View Mirror

One thing I’ve noticed with board meetings over some 30 years of attendance is that far too many of them spend almost all the time on past results. We drive a car by looking primarily through the windscreen at the road ahead, not the rear-view mirror, so why don’t we...
How to Fix the Costly Lack of Technology Understanding in Business

How to Fix the Costly Lack of Technology Understanding in Business

I read an interesting report in ITWeb this week following a survey by Xero, the cloud-based accounting software company for SMEs, of 400 South African small business owners. It shows how a lack of technology understanding and skills is costing these businesses dearly...
Why a Proper Board is Essential, Even for Small Businesses

Why a Proper Board is Essential, Even for Small Businesses

l3Many business owners believe that boards are for larger companies only, and small companies cannot afford the time or the costs of a proper board. This is very wrong! Although large companies need to have properly-constituted boards in terms of the Companies Act,...