CEO Blog

AUGUST 11, 2015

I like being in operator mode. I am enjoying my CEO position at Danby. The business is large enough that 1% here or there adds up quickly. And the brand is well known - especially in Canada. Danby has some serious market share in bar fridges , window air conditioners, freezers and microwaves.

Brand 100

Brand Leadership Globalization Brand Management 100

CEO Blog

SEPTEMBER 10, 2012

I read a gripping book on the weekend - Resurrecting the Street - Overcoming the Greatest Operational Crisis in History by Jeff Ingber. It is the story of what happened to the bond and stock markets during Sept 11. Even this many years later, it is difficult to read about.

Bond 113

Bond Crisis Marketing Operations 113

CEO Blog

JANUARY 28, 2011

For several years spanning a period of extraordinary growth, the company operated under an executive management group comprised of three individuals who shared responsibility. Art Gould is a division manager with Self Storage Company, which operates a group of websites, including a Nashville self-storage locator.

Blog 230

Blog CEO Leadership Styles Leadership 230

CEO Blog

APRIL 27, 2014

That is when research kicks in - talk to someone with similar issues, search the internet, tour other operations etc. Sometimes a process looks cumbersome but no immediate solution is derived. The biggest innovation that I add to the process is to not only ask the 5 Why''s but to add the How question.

Parcell 169

Parcell Efficiency Process Banking 169

CEO Blog

SEPTEMBER 23, 2012

The Operator. I am mostly visionary (although somehow I missed much of the idleness part of the personality). The Processor. Needs all the details. Brings order out of chaos. Tends to have high risk aversion. These are the doers. Do it now - ask for forgiveness later. Can be the bottleneck if they do not learn to delegate.

Delegation 124

Delegation Learning-by-Doing Books Video 124

CEO Blog

JANUARY 27, 2011

3 - Power is relational and dependent on the domain in which the person is operating. 2 - Power is like a battery. 4 - The magnitude of your power is dependent on your relationships. 5 - Each power source can also be a power drain.

Blog 190

Blog CEO Power Leadership 190

CEO Blog

NOVEMBER 24, 2010

Their background in operations of a business often makes them more suitable to do the detail work. Many Angels are successful business people with deep experience on growing and scaling businesses. This coaching can add significantly to the value. 3 - Be more in the detail of the business. 4 - Care more about the business.

Blog 190

Blog CEO Due Diligence Leadership 190

CEO Blog

JUNE 27, 2011

Analysis of the industry in which the company operates. It is important to understand a company’s financial statements (and whether they are truly representative), its current health, growth strategy, planned product expansion/improvements, and all other facets that are specific to the company.

Due Diligence 124

Due Diligence Handbook Competitive Advantage Analysis 124

CEO Blog

JANUARY 22, 2011

It talks in terms of HEROs - Highly Empowered and Resourceful Operators and makes the case that businesses need HEROs now more than ever in order to thrive. I like that it also talks about the complexity, cost and importance of the task and how that can help determine how much empowerment can be given. 6 - Be lucky.

Succession 190

Succession Leadership Pipeline eBook Long-term 190

CEO Blog

MAY 3, 2011

When he is not engaged in outdoor activities he directs the IT operations at storage.com , building systems and tools for homeowners and businesses needing storage.com in places like San Francisco, and many other cities, including self storage in San Francisco. Choose your change with care.

Succession 171

Succession Brainstorming Committee Self-aware 171