April 24, 2009
When I was growing up in the Corporate world, I thought that Entrepreneurship - running your own company - was the American Dream. After all, you were your own boss, could set your own hours, and “the sky was the limit.”
Now, after consulting with over 200 leading organizations, including many private/family-held ventures, I’ve learned [...]
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One of my all-time favorite movies is “City Slickers.” In one of the scenes, Mitch asks Curly about the secret of life and Curly holds up his finger and states that it is just 1 thing (and Mitch will have to figure this 1 thing out).
Several years ago, as global competition intensified, many boards brought new CEOs into their companies and tasked them with driving performance to significantly higher levels. Many of these CEOs immediately proceeded to “raise the bar” and bulldozed forward with little regard to the human element. One such leader was “Chainsaw Al” of Scott Paper and Sunbeam. He was a master at slashing payrolls and had a reputation for being hot-tempered and brutal. Initially hailed as a hero by Wall Street, he was later despised and viewed by most as a failure. Granted, 
