Top Ten Due Diligence Mistakes Made by Board Candidates

Women on Business

We''ve Moved! Update your Reader Now. This feed has moved to: [link] If you haven''t already done so, update your reader now with this changed subscription address to get your latest updates from us. link]. Board of Directors board members board of directors corporate leadership women on boards

6 Ways to Choose the Best Employees

Lead on Purpose

Consider these six … Continue reading → Leadership Product Management Team Building attention channels due diligence experience transparency Guest post by Jon Spivey The best employees help your company to thrive and achieve its greatest potential. So to reach your potential, you must put effort into finding and choosing the best employees for your company.

Trending Sources

AMA Handbook of Due Diligence

CEO Blog

They do limited due diligence on the theory that it does not help them find winner companies. I disagree with this approach and think good due diligence improves the odds. I, personally, love thorough due diligence but lack the attention required to do it well myself so I like to surround myself with people who do it well. Recently, I read a great book by William Crilly and Andrew Sherman called, The AMA Handbook of Due Diligence.

Are You Trading Attention for Influence?

Leading Blog

It is the due diligence of politics.” It’s the due diligence of leaders everywhere. P EGGY NOONAN brought up some great thoughts in her editorial, A Rash Leader in a Grave Time that would be good for us to consider in any time.

Put Time on Your Team

Strategy Driven

This diversity in the buyer network is one of the key complexities in enterprise selling and it calls on the selling team to perform the due diligence required to understand the roles and impacts of each of the buyers.

Team 90

Before a Merger, Consider Company Cultures Along with Financials

Harvard Business Review

A normal acquisition process seeks to ensure something basic: a strategic rationale for a deal, supported by a thoughtful selection process, with known risks identified by a short, intense due diligence. Those who conduct integration due diligences have two major advantages.

Are You Betting On the Wrong Job References?

Strategy Driven

Instead, conduct your due diligence and have their input documented by a third party. Most of us can relate to this scenario: when completing an employment application, you are asked to identify a number of references (typically 3-5) for prospective employers to contact. In order to put your best foot forward, you choose these references wisely and list those whom will provide the most glowing reviews of their professional abilities.

The Entrepreneur’s Roadmap to Success

Strategy Driven

Often times a new entrepreneur feels he or she has done their due diligence only to learn later that they barely scratched the surface. It seems that most businesses fail, not due to the validity of the idea, but rather that the project was under capitalized or underfunded from the start. If you are confident enough in what you are doing, and you have truly done your due diligence, you can have a prosperous business.

Bring It: 7 Keys To A Great 3 Minute Startup Pitch

Terry Starbucker

It’s a formidable barrier to entry into the world of “ due diligence land ” where your idea and company will get a more comprehensive review – and even that won’t guarantee an investment, but at least you get a full shot.

Chip Shots – When Work Styles Differ

Lead Change Blog

Will Lukang shares: When working with a new manager, I always do the due diligence to learn and understand the person’s work preference. Here at Lead Change Group, we know that problems are most effectively solved when individuals come together to meld ideas, energies, and approaches.

How to be a Better Leader in 2012

C-Level Strategies

The Processor, meanwhile, needs to document and categorize the new idea or fresh insight – they need to collect data on it, analyze it, test it, and they think the Visionary is flaky for jumping from idea to idea without doing this due diligence.

How To 126

Hardwoods of Michigan Joins The Six Disciplines Client Community

Six Disciplines

As a result of mutual due diligence, Hardwoods of Michigan has joined the Six Disciplines family and are off and running. Due to this engagement (with Six Disciplines), I am confident that 2011 and the years ahead will be our best ever Hardwoods of Michigan is a forty year-old company that acquires virgin timber, processes the logs, and then cuts the lumber to meet specific customer requirements.

Things To Ask Your IT Support Provider Before Signing

Strategy Driven

When it comes to looking for a reliable technical support provider, you need to do your Due Diligence, and an easy way to do this is to ask your prospective providers a series of questions to help you understand what sort of fit they will be. Photo courtesy of Pexels.

How to Launch a Product Like a Rock Star

Strategy Driven

Buyers have to do their due diligence, understand integration issues, get sign-off, have lawyers approve the deal, and so on. Here’s a quick one-question quiz: What is the most important requirement for a successful product launch? A great product.

5 Productivity Pitfalls Learned From Marathon Training

Ron Edmondson

To avoid this productivity pitfall in other areas of life, ensure you conduct the necessary due diligence, preparation and secure proper training for the desired improvement. This is a guest post by Tor Contantino. I had the pleasure of meeting Tor at Catalyst this year.

THOROUGHNESS - Why the Compassion of 10 Missionaries Went Wrong in Haiti

Building Personal Strength

We all need to do our due diligence and take care of business. So Laura Silsby and her nine missionary colleagues have been charged with abducting Haitian children. It could have been worse.

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".

It’s The Culture Stupid

The Leadership Advisor

Sometimes we just have to hit what’s pitched to us, even if our impatience and marginal due diligence is the one who has been doing the pitching. It’s no real secret that there are some employees that seem more difficult to manage than others; and that’s being polite.

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

Create Learning

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?

4 Proven Reasons Why Intuitive People Make Great Leaders

Lead from Within

Our intuition is the facts and data we collected: for years I am sure you have due diligence, you have collected data, and facts and you have created spread sheets and variations of what things could be and should be, all of that is important, all of it is vital because that knowledge when we need it- you will employ it. Have you ever wondered how some leaders are more creative and innovative than others?

Apocalyptic Leadership

The Leadership Advisor

Leadership can have it’s difficulties, so there’s no need to make more through lack of due diligence and insight. This winter has been a pretty big deal for much of the country. Currently I’m looking out the window at the 2nd wave of a pretty nasty ice storm. The front windshield of my car looks like it’s plagued with the automotive equivalent of a cataract. The ice has completely encapsulated everything outside.

Toxic Work Environments | N2Growth Blog

N2Growth Blog

People can do some due diligence before going to work for a compnay.

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.

Cost 67

Angel Capital vs. Venture Capital - CEO Blog - Time Leadership

CEO Blog

4 - Provide due diligence. I know some angel groups like Golden Seeds do awesome due diligence but on the whole, VCs are better than Angels at it. CEO Blog - Time Leadership Wednesday, November 24, 2010 Angel Capital vs. Venture Capital Angels and VCs are often very synergistic. The line between venture capital and angel capital can be blurry. I know some VCs who have invested $500,000 in an deal and I know some Angels who have invested $3,000,000.

Initiative Is Often A Benevolent Rebellion

The Leadership Advisor

Ask lots of questions - Accepting it as something positive doesn’t excuse you from due diligence. In our “let’s measure everything possible&# business climate, we systematically tend to paint ourselves into corners.

The Risk of Not Taking Risks

Mills Scofield

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

The Dos and Don’ts of Crowdfunding Your Company

Steve Farber

So do your due diligence to make sure your organization is ready and that you’re getting advice from people you can trust and who know how it works. Zappos CEO Tony Hsieh was spot-on when he advised entrepreneurs to “chase the vision, not the money” because by doing so “the money will end up following you.”

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.

Don't Let Them Make You Crazy

Marshall Goldsmith

I suggested that the real cause of his anger might be that he was incensed with himself for being a poor judge of character and not conducting adequate due diligence in the purchase. Think of that one person who drives you crazy -- who upsets you, makes you feel guilty or sad. Does someone come to mind? You may have spent many hours reliving events when this person was unfair, unappreciative, or inconsiderate. You may have thought, “What a jerk!”

Capital vs. Influence

N2Growth Blog

By Mike Myatt , Chief Strategy Officer, N2growth . I have watched entrepreneurs and executives initially trivialize the value of influence in a capital transaction, only to regret it down the road.

The Upside of Anger

Marshall Goldsmith

I suggested to my seatmate that the real cause of his anger might be that he was beating himself up for being a poor judge of character and not conducting adequate due diligence into the purchase. Getting angry with other people often means you’re just upset with yourself. by Marshall Goldsmith. On a flight from Zurich to New York, I sat next to a very successful investor who had paid too much for a small high-tech firm.

The Problem of Bolt-On Acquisitions in a Digital World

Harvard Business Review

What almost always gets underestimated, though – and often overlooked altogether – during due diligence is the actual integration of the new capabilities and how (or whether) it will work. I was at a startup that got acquired.

5 Pitfalls of Marketing Waterfalls

Strategy Driven

For those mature waterfall users, I’m sure they have faced the reality of the extra due diligence required to add much more analytics to make the next smartest decision.

The Reunion 1.7 – 1.8

Steve Farber

His baby, XinoniX, the company he’d founded and retired from, was looking at an acquisition, and he’d come to town to help with the due diligence process. Chapter 37. I must have made a wrong turn as I walked down the hallway away from Rich’s office. I thought reception would be on my right, but, instead, I was looking at a row of offices I’d never seen before. In an attempt to get my bearings I glanced around and bam ! there he was in the office across the way.

5 Leadership Lessons You Can Learn from a Micro-Manager

Lead by Adventure

I definitely believe that every company, every boss, and every hiring manager could benefit from doing their due diligence before they hire anyone.

3 Ways M&A Is Different When You’re Acquiring a Digital Company

Harvard Business Review

Doing digital M&A right means upending the way most companies approach financing, due diligence, and merger integration. Next, you need to understand how digital M&A turns traditional due diligence on its head. Unlike the way traditional due diligence usually works, acquirers need to be much more forward-looking, using approaches that evaluate the potential success of the business model under different scenarios.

Does Your Culture Breed Success?

The Leadership Advisor

I’m going to assume you already have done that due diligence, move past the what and jump right into the how. There are plenty of blog posts, articles, wikis, and other things out there that define success or help you discover your definition of success. This isn’t one of them. Whether you’re a business, a professional, or a single parent, we all want to be successful at something. Many folks view success as this tenuous existence somewhere just out of reach.

Leadership and Opportunity | N2Growth Blog

N2Growth Blog

I can’t even begin to count the number of times I watched people miss great opportunities due to a poor sense of timing. I’ve observed the risk adverse take due diligence one step too far, the greedy negotiate too long, the impulsive jump the gun, and the plodders move to slow.

Blog 80

Don’t Take Money from VCs Until You’ve Asked 4 Questions

Harvard Business Review

In the race to get the check in hand, most entrepreneurs don’t do in-depth due diligence — or any due diligence — on the venture capital (VC) firms they pitch.

PE Firms Are Creating a New Role: Leadership Capital Partner

Harvard Business Review

Evaluating leadership capital has always been a critical component of due diligence for deal teams. Many LCPs are either conducting this work themselves, or they are responsible for vetting and managing external due diligence consultants to oversee this work. Vincent Tsui for HBR. During the last 20 years, private equity (PE) investors have assumed an increasingly influential role in business, with publicly traded firms dropping from about 7,500 to 3,800.