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In today's extremely tight labor market, small-company employers must approach hiring just as they approach selling. To lure able and enthusiastic candidates, the author writes, a CEO should consider such steps as contacting reluctant candidates personally, offering equity compensation to augment salaries, and sending welcoming gifts like fruit baskets. Of particular note is a discussion of factors the author says "count" in the sales-whoops!-the hiring process.
It's not just your strengths as a leader, it's your passion, says William Hagstrom, CEO of Crescendo Bioscence, in South San Francisco, CA. He strongly advises future entrepreneurs to think of your business as a worthy crusade. Giving example with his own career, he urges those starting a company to architect their venture deeply, form a culture of excellence, and think about risk early. The culmination of his experience has redefined the role of CEO for him as way to empower others.
Judicial activism, Roe Vs. Wade, civil rights, constitutional interpretation – these are all topics that Judge Sonia Sotomayor has been grilled on in determining her fitness to sit on our nation’s highest court. Pretty much since the nomination of Judge Robert Bork, the confirmation...
Janice Fraser, CEO and a founding partner of Adaptive Path, discusses the entrepreneurial leadership qualities that have contributed to the success of her user experience consulting company.
Amit Chatterjee, founder and CEO of Hara, the growing energy management solutions company, shares the wisdom of his entrepreneurial experience. He covers an array of topics vital to launching and running a successful enterprise, including the importance of product innovation, new market development, thriving in a competitive landscape, and the critical importance of building a brilliant team.
If you think hiring is tough in today's tight labor market, you should figure that retaining people is even tougher. To keep employees, small-company owners must provide more than just competitive compensation packages, the author writes. What really makes the difference is a CEO's ability to communicate an organizational vision and to recognize the people who translate that vision into revenue and profit.
You can not be creative in a vacuum. Understanding your industry and marketplace requires consistent study habits.
As we move into August, and inch ever-closer to Labor Day – the unofficial end of summer – I’ve been thinking a lot about squeezing the most out of the last few weeks of the beautiful summertime weather. July 4th is a fading memory,...
A husband-and-wife team who founded an Internet telecommunications company began to tackle one of the toughest challenges facing them: They looked to find a CEO, a replacement for themselves as heads of the business.
Unless you completely unplugged over the holidays, you know that if Democratic and Republican lawmakers could not bridge their differences on how best to reduce the nation's budget deficit and debt, the Budget Control Act of 2011 mandated a combination of spending cuts and tax increases to take effect January 1, 2013. While Washington kicked the can down the road on budget cuts, the cliff was avoided – but what does the deal mean for American entrepreneurs?
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