Is Your Business Stuck in Zombieland?

by Bob Vanourek “Insanity is doing the same thing over and over again and expecting different results.” Attributed to Albert Einstein U.S. government statistics tell us that about half of all new businesses will be gone within five years. Of course, some businesses become successful, often within a few years. These are the models all … Read more

A New, Overarching Goal for Boards

One of the painful results of boards embracing the goal to “maximize shareholder value” is shown in the Edelman Trust Barometer: Only 53% of respondents trust business Only 18% of the general population trust business leaders to tell the truth The overarching goal for corporate boards should not be to maximize shareholder value. Instead, boards should … Read more

The Scourge of Short-Termism

Leadership speakers and authors Bob Vanourek & Gregg Vanourek use the image of newsprint saying "stocks falling" to illustrate the scourge of short-termism.

 “The future whispers while the present shouts.” Al Gore, former U.S. Vice President One of the great scourges of our age is “short-termism.” A staggering 78 percent of the managers surveyed in a large-scale study of CFOs and CEOs admit to sacrificing long-term value to achieve smoother earnings. In July 2011, former Federal Deposit Insurance Corporation … Read more