by Larry Putterman | Business, Leadership, Management
Relying on large customers is tempting but dangerous. When they leave, large customers create big voids. LARGE CUSTOMERS:Increase sales.Dictate policy and make big demands.Provide low margins.Create dependency.Take all the companies resources.Pay slowly.Companies need...
by Larry Putterman | Advisory Board, Boards, Business, Cybercrime, Entrepreneurs, Leadership, Management, Outside Director, Technology
Target, a national retailer, announced 40 million credit and debit card accounts of customers had been stolen. The Target breach is officially the second largest breach of a retailer in history. Cybercrime threatens all businesses. Cyber threats are increasing in...
by Larry Putterman | Business, Leadership, Management, Organizations, Vision
The odds are against entrepreneurs. Most fail. I asked Marty Zwilling, author, CEO, and founder of Startup Professionals, Inc, why 9 out of 10 startups fail? Marty said, “The #1 reason is entrepreneurs get tired and just give up. “ 6 reasons entrepreneurs...
by Larry Putterman | Business, Leadership, Management, Organizations
Hanging on too long makes you irrelevant. Organizations change. Leaders should change too. You may not be the best person to lead your business forward. The skills that worked yesterday may not work today or tomorrow. Successful leaders know when to move-on. Are your...
by Larry Putterman | Business, Leadership, Management, Organizations, Vision
Leave a comment on today’s post for a chance to win one of five free copies of Compass. This post is based on a conversation with my friend, William F. Brandt, about his new book, Compass. It is an invaluable guide for creating and growing exceptional organizations....
by Larry Putterman | Leadership, Management, Organizations
Micromanagers make people feel worthless and slow organizational growth. Entrepreneurs, who cling to micromanaging styles, sabotage success.Entrepreneurs are micromanagers. They start out with small organizations and make all decisions. But, they fail when companies...