The Shocking Costs of Hiring Mistakes … And The Secrets to Avoiding Them

The Empowered Buisness

If you are hiring anything less than “A” performing leaders, your leaders will hire mediocre employees that are not as good as they are, due to their own insecurities. Secret #5: Stop relying on intuition; start relying on unbiased, objective due diligence.

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8 Simple Merger Tips (Simple to say - tougher to do)

CEO Blog

Regardless of what due diligence is done prior to the merger, there is still lots to learn. I was speaking to a friend who is looking at acquiring a company. I was going to send him an email with tips of how to make it go smoother (notice I do not say smoothly - there will always be little issues). I thought it would make a good blog entry. My tips for integration: 1 - Have a rolling 90 day plan. The first 30 days should be "listen and learn".

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You Can Not Train People to Think Bigger or With More Complexity Than They are Currently Capable

Mike Cardus

a) is this person really capable of doing the work within this role as it stands right now; b) have we as the organization done due diligence in determining the time-span and level of work within this role and communicated that clearly to their manager and them?

The Risk of Not Taking Risks

Mills Scofield

My friend, Doug Sundheim’s new book, Taking Smart Risks , is an early winner for 2013 Must Reads. Of course, I did a bit of due diligence into this Doug guy and said yes. Before I get to how great the book is, the story of how Doug and I met starts with taking a smart risk!

Your Intentional (or not so intentional) Energetic Presence

Anese Cavanaugh

Done my due diligence. ” More due diligence. True story, I had to share. Because this may be showing up for you – either as the giver or the receiver – and if it is, it’s likely completely unintentional. And we can do something about that. This morning I got a gift. A major gift. So here you go. Take this and use it as it serves you — however it serves you.

Raising Capital Through Crowdfunding

Women on Business

This site works with Accredited Investors, those that the SEC deems savvy and able to invest in companies due to their net worth and/or income. They can conduct due diligence through the site and securities are offered by WRH+Co.

Great Leaders Use Honesty to Help Their Successors

Harvard Business Review

And, overall, I'd say that most transitions done this way — with good people and due diligence — deserve a "B" grade.

5 Pitfalls of Marketing Waterfalls

Strategy Driven

In 2013, the Marketing Sherpa B2B Analytics Study revealed that 63% do nothing or occasionally leverage data to gain any insight.

Great Leaders Use Honesty to Help Their Successors

Harvard Business Review

And, overall, I'd say that most transitions done this way — with good people and due diligence — deserve a "B" grade.

Let's Be Realistic About Measuring Impact

Harvard Business Review

Its extensive due diligence process — often two years long — first analyzes the barriers to economic growth in the country, and then identifies the sectors where the grants would most likely reduce poverty. "Measure impact" has become a mantra for creating social change.

How Banks Should Finance the Social Sector

Harvard Business Review

Unlike the standardized processes and products of traditional banks, lending to higher risk charities and social enterprises requires customized application processes, careful due diligence, and tailor-made lending offers.

Getting Big Results from a Small Business Unit

Harvard Business Review

Earlier this year Sun Yat-sen University, a well-regarded institution in Guangzhou in the Guangdong province of China, announced that the university and affiliated hospitals were entering into a novel collaboration with Johns Hopkins Medicine.

Invest in Your Customers More Than Your Brand

Harvard Business Review

Crassly put, advertising becomes less about building brand awareness than triggering digital due diligence. To appreciate how broken most contemporary models of advertising and promotion have become, listen to Jeff Bezos complain about how Amazon's core values are misunderstood.

Morning Advantage: Putting an End to Corruption

Harvard Business Review

But businesses could fight back in the same way they’ve promoted fair labor practices worldwide — that is, by adding anti-corruption policies to their generalized standards of conduct (as Toshiba has already done); detailing behavior expectations for employees, contractors, and other value-chain partners; and instituting management systems covering training, proper contracting practices, supplier due diligence, security strategies, and the like. In 2010, the U.N.

How to Get the Answer You Want

Harvard Business Review

This can be as formal as extended due diligence (in the case of a company seeking funding) or as informal but equally critical as a conversation around the dinner table that evening with a spouse or family (in the case of a job opportunity). You have a meeting or an important discussion coming up. What is your real objective? If it has anything to do with selling, how can you maximize the likelihood of success?

Hewlett-Packard and the Art of Finance

Harvard Business Review

KPMG, the big accounting firm, was helping HP with its due diligence by inspecting Autonomy's books. Sometimes big companies engage in transactions that make you wonder what on earth they were thinking. Hewlett-Packard's 2011 acquisition of the British software company Autonomy certainly falls in that category. Even at the time, news of the acquisition contributed to a 20% drop in HP's share price. And last fall HP wrote down the value of the acquired company by $8.8

Research Shows That Smaller M&A Deals Work Out Better

Harvard Business Review

The management understood that doing three deals a year meant they had to do due diligence on 20 companies and submit five bids. In 2013 PCC acquired Permaswage SAS, a manufacturer of aerospace fluid fittings, for $600 million and divested its Primus Composites business. miragec/Getty Images. The myth that 75% of all mergers fail has long been dispelled.

What’s the Effect of Pro-LGBT Policies on Stock Price?

Harvard Business Review

Again, being bankers, the obvious first step was due diligence. Pursuing this idea, we secured the right to use the CEI as the basis for the Credit Suisse LGBT Equality Index, and after three years of work, we launched it in October 2013. The Credit Suisse Equality Portfolio, which also launched in October 2013, is the only investable instrument associated with the Index. Every June, the lesbian, gay, bisexual, and transgender (LGBT) community celebrates Pride Month.

How Midsized Companies Can Avoid Fatal Acquisitions

Harvard Business Review

They have strong due diligence skills. The reason is that conducting due diligence will be costly and arduous because small companies often have poor reporting and accounting systems. 2013 revenue of about $450 million), knows this well. Big-company corporate development departments dream of acquisitions that substantially boost revenue or bring assets that turbo-charge growth.

Why One Executive Quit Business Travel Cold Turkey

Harvard Business Review

Over the first half of 2013, I struggled through a deep depressive episode – my third as an adult. I didn’t travel for the last half of 2013 and decided not to travel in 2014 for business. As a VC, you need to conduct due diligence on companies.

What Initial Coin Offerings Are, and Why VC Firms Care

Harvard Business Review

However, much of the criminal activity is now being mitigated by self-organized, crowdsourced due diligence in the community , as well as by external parties such as Smith and Crown , a research group focused on cryptofinance, and ICO Rating , a ratings agency that issues independent analytical research on blockchain-based companies. Since 2013, there’s been about $2 billion invested in blockchain and bitcoin startups from the VC community.

Don't Abandon Crowdfunding -- Manage It

Harvard Business Review

I also agree that due diligence is an imperative — and is often overlooked by crowdfunders as impractical or overly complex. will not be legalized until 2013). In the recent HBR article "The Crowdfunding Road to Hell," Daniel Isenberg argues persuasively that crowdfunding — specifically equity crowdfunding — cannot work. As an entrepreneur, angel investor, VC, philanthropist, and CEO with 40 years' experience, I cannot agree.

What to Know About Doing Business in Iran

Harvard Business Review

The country’s urbanized and large middle class has maintained a strong preference for foreign-made products despite restrictions due to U.S. However, oil prices have dropped more than 60% since the interim nuclear deal in November 2013.

4 Types of Activist Investors and How to Spot Them

Harvard Business Review

According to Schulte, Roth & Zabel’s Activist Investing 2015 Annual Review, a total of 344 companies worldwide were subjected to activist demands in 2014, up 18% from the 291 recorded in 2013. Over the last three years the U.S.

What’s the Effect of Pro-LGBT Policies on Stock Price?

Harvard Business Review

Again, being bankers, the obvious first step was due diligence. Pursuing this idea, we secured the right to use the CEI as the basis for the Credit Suisse LGBT Equality Index, and after three years of work, we launched it in October 2013. The Credit Suisse Equality Portfolio, which also launched in October 2013, is the only investable instrument associated with the Index. Every June, the lesbian, gay, bisexual, and transgender (LGBT) community celebrates Pride Month.

An Activist Investor Lands in Your Boardroom — Now What?

Harvard Business Review

More than 200 activist-investor initiatives hit companies in 2013, a seven-fold increase over a decade earlier. Brown conducted the due diligence required of a director candidate. Activist investors, though neither barbarians at the gates nor corporate raiders, can still seem very unwelcome. Anxiety, fear, even dread are among the predictable reactions in the executive suite and boardroom when they unexpectedly appear.