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The Legal Implications of Cybersecurity When Collecting Personal Information
Understand the Stakes of Collecting Personal Information Cybersecurity law has been called many things in recent years—evolving, complex, varied, cutting-edge, even hilarious. Ok, maybe not the last one. But I would offer another phrase that can serve as a key takeaway from this article. This phrase also highlights the importance of strong cybersecurity from a […]
Retaining Tribal Knowledge For Your Company’s Long-Term Health
Tribal Knowledge: Be in the Know America is getting older. Not just in terms of it having a birthday every year, but in terms of the percentage of people closing in on retirement. You can thank the aging Baby Boomer population for that. What that says to me is that any company with a significant […]
Millennials in the Workplace Want These 4 Qualities in a Company
Millennials in the Workplace Want to be Understood The Leading With Courage Academy recently led a panel discussion on millennials in the workplace, and how to better incorporate this unique demographic into your culture for greater success. During that discussion, four key things were uncovered that millennials in the workplace want most: focus, transparency, trust […]
Smart Giving Gives Back: The Surprising Benefits of Organized Philanthropy
It’s not Selfish to Reap the Benefits of Organized Philanthropy Bringing family members together to invest philanthropically is a game changer, but organized giving can challenge even the strongest families. Yes, philanthropy is about generosity, but it can also feel like a time-consuming obligation. It can be messy and administratively intensive. And that’s all before […]
Families in Business: Mapping Out the Future with Family Business GPS Systems
Many Paths, Much Resistance for Families in Business I’m old enough to remember maps. Yes, physical, paper maps that you bought at gas stations or got for free from the AAA office. Once unfolded, they never went back to the original uniform accordioned formation. A well-used map actually had worn spots at complicated intersections. But, […]
Fighter Jet Fast: Making Business Decisions to Accelerate Growth
Making Business Decisions Air Force-Style In business, there are undoubtedly days when you feel like you’re constantly moving at speeds faster than Mach 5. With all the chaos that can ensue with endless meetings, calls, emails and more, it can be no small challenge to slow things down to a manageable pace when you are […]
Building the Best Strategy to Drive Cash Allocation
Cash Allocation Challenges Businesses For most businesses, cash allocation is a challenge. Margin pressure, seasonality, credit risk, and bank covenants make it a constant chore. Cash is the oxygen of business. You can’t run low and survive. For successful businesses, the opposite is true. They have too much cash. Apple is a well-discussed example. The […]
Can Seeking Help from the Lender Fix Money Troubles?
Recently, bad practices caused a client’s accounts receivable to get extended well past 90 days. In fact, the client had 20% of its receivables dated further back than 120 days. Company staff knew that much of that would prove to be uncollectible, but no one really knew the extent of how bad it was. At […]
Four Questions that Drive Business Growth and Transformation
You Can Drive Business Growth Forward- or Backward Many businesses on the precipice of growth or those preparing to enter a new chapter are searching for ways to drive business growth, but can find themselves struggling to move into that next big phase. This can happen for a number of reasons, whether it’s a lack […]
Sensitive Family Business May Bring Up Fur Balls
Choking on the Words During Sensitive Family Business Every cat owner knows the sounds. The deep retching and heaving. The cough that sounds like your cat just may turn himself inside out to eliminate a fur ball. Next may come a few backward hops, as if to distance himself from the mess he just created. […]
