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Command and control doesn't work in today's organization. You can build a smarter, more resilient organization; it just takes a few changes in your approach to leadership.
This article discusses cash and burn rate--that is how efficiently cash is used and how much cash is needed to operate day in and day out.
Read the example to learn how one company documented their operation systems and workflow to reach their goal of using shared knowledge to increase sales.
Critical leadership development practices can differ from one organization to another. Yet, identifying those which are the most important within the growth-focused firm can determine the "best in class" solutions to be implemented for sustaining excellence. These 12 strategies provide an opportunity to benchmark organizational performance.
As we move into an age of alliances, your role as a leader is changing. Equal parts entrepreneur, facilitator, and political broker, the collaborative leader must continually balance competing and shifting requirements.
If you test-drive a car, why not an employee? Seth Godin shares his thoughts on what you can learn by having a candidate "do the work" rather than just talk about it.
Noncompete clauses seem nearly universal--and not just in technology companies. But the effect is especially strong on specialist and "star" inventors, according to new research by Harvard Business School's Matt Marx, Deborah Strumsky, and Lee Fleming. Marx reflects on the business and career implications in this QandA.
Inertia acts against the best interests of your business when the market shifts. According to Geoffrey Moore, most business writing about innovation is baloney -- here is his refreshing perspective.
This is a sample term sheet for a Series B round of financing.
When identifying an appropriate legal form of business, most often entrepreneurs consider these factors—control, taxes, liability, transferability of ownership, longevity of the business, and raising capital. The key is to identify the legal structure that best meets your needs and the needs of your business.
In an ideal world, you would select a legal form of business, understanding every legal and tax implication. The reality is that you must rely on the advice of attorneys and accountants to help you make this decision. They can anticipate your concerns based on their experience and on information you provide. Still, the legal structure of the business is your decision to make and live with.
The six legal forms of doing business are:
This article will delve deeper into the characteristics, advantages, and disadvantages of each structure.
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