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Preview Thursday: Benefit Corporation Law and Governance: Pursuing Profit with Purpose

Lead Change Blog

I spent almost 30 years as a lawyer in private practice, advising business leaders on Delaware corporate law issues – addressing matters like preferred stock financings, IPOs, mergers, hostile takeovers, proxy contests, corporate governance and fiduciary issues. My own story is an interesting backdrop.

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How to Prepare for a Crisis You Couldn’t Possibly Predict

Harvard Business Review

Most of us don’t oversee huge IPOs, but sooner or later, every team faces an unexpected crisis: technology breaks, a competitor makes a disruptive move, a promising project fails, a key employee quits, consumers have a negative reaction to a new product—the list goes on. So they never figured it out.”

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What Entrepreneurs Should Ask Themselves When an Economic Crisis Hits

Harvard Business Review

After the stock market’s rocky ride in recent months, some analysts are wondering whether a new economic crisis might be around the corner. But for entrepreneurs who prefer to be safe than sorry, the question remains: what should you do when the next crisis hits? All of them decided to put up a fight and face the crisis head on.

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Case Study: After a Crisis, Who Should Take the Fall?

Harvard Business Review

Tech bloggers had jumped all over the story; many speculated that SimplePay had begun to slow its hiring and scrimp on security investments in an effort to spiff up its balance sheet for a potential IPO. We’ve got an IPO to prepare for, after all.” Some of that was true. Jesse had been sleeping at the office.

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NewTV Is the Antithesis of a Lean Startup. Can It Work?

Harvard Business Review

As a reminder, the dot-com crash was preceded by the dot-com bubble, a five-year period from August 1995 (the Netscape IPO) to March 2000 when there was massive wave of experiments on the then-new internet, including in commerce, entertainment, nascent social media, and search. IPOs dried up. Then one day it was over. The result?

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Your Company Needs a Communications Plan for Data Breaches

Harvard Business Review

” When a data breach happens, there is nothing worse than trying to figure out how to manage the crisis on the fly as it is still happening. Even a rumor of a breach can trigger a communications crisis. A hacker going by the name of ‘Tumbleweed’ enters a forum and brags that the device can be hacked.

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VW’s Board Needed More Outsiders

Harvard Business Review

With a strong, competent, and independent chair able to step in and assume responsibility (and possibly act as interim CEO), a company in a crisis that destroys its leadership is better placed to navigate the storm. President Obama called Svanberg in and persuaded him to admit responsibility for the crisis. Take the case of BP.

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