How UK’s Book Lovers Win £18m Jackpot

If you think you should stop buying lottery tickets because your books tell you not to do it, you should re-consider about this. Recently, a couple of book enthusiasts from Bristol have won the UK’s Lotto lottery jackpot. The £18 million jackpot they win has also made them the older lottery winner in UK history. After […]

Managing Execution: THE XQ Scorecard

By Edward D. Hess, Distinguished Executive in Residence and Adjunct Professor of Management, Goizueta Graduate School of Business Emory University Atlanta, Georgia edward_hess@bus.emory.edu   Managing a business so it continually improves and grows is hard – in fact, very hard. Prerequisites to that result are the business builder’s passion, determination and perseverance. Additionally, you must […]

Independent Directors: Private Companies Need Them, Too

By Edward D. Hess, Distinguished Executive in Residence and Adjunct Professor of Management, Goizueta Graduate School of Business Emory University Atlanta, Georgia edward_hess@bus.emory.edu   Much has been written post-Enron about the need for truly independent directors to represent the best interests of public shareholders and not the interests of management. We have seen the NYSE, […]

Going Public to get RICH: Reality Therapy

By Edward D. Hess, Distinguished Executive in Residence and Adjunct Professor of Management, Goizueta Graduate School of Business Emory University Atlanta, Georgia edward_hess@bus.emory.edu   Most entrepreneurs dream of going public as the way of realizing wealth for themselves, their investors, and their employees and as the ultimate scorecard validating their success, vision, and self-worth. Yes, […]

Rapid Growth: Be Careful What You Wish For

By Edward D. Hess, Distinguished Executive in Residence, and Adjunct Professor of Management, Goizueta Graduate School of Business Emory University Atlanta, Georgia edward_hess@bus.emory.edu   Every business builder strives for growth – as much as he or she can achieve as fast as possible. Growth becomes the all-consuming goal. Based on my experience, entrepreneurial ventures often […]

Do You Have a “Broken Arrow” Plan?

By Edward D. Hess, Distinguished Executive in Residence, Executive Director – Center for Entrepreneurship and Corporate Growth, and Adjunct Professor of Management, Goizueta Graduate School of Business Emory University Atlanta, Georgia edward_hess@bus.emory.edu   I have talked to many CEOs during the last two months, and the consensus is “it is tough out there” in the […]

What Do Leaders Actually Do?

By Edward D. Hess, Adjunct Professor of Organization and Management, and Executive Director – Center for Entrepreneurship and Corporate Growth, Emory University Atlanta, Georgia edward_hess@bus.emory.edu   Leadership is what business people talk about. Leadership is what academics write about. But, in my not so humble opinion, there is too much focus on leadership theory and […]