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 […]

What Is The Meaning Of Business?

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   It is late August, 4:30 a.m. Rocky Mountain Time as I sit at my desk in the beautiful Roaring Fork Valley of Colorado to pen this perspective. My vacation […]

What Do Good Leaders Actually Do? (Part II)

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   In September, we discussed that good leaders (1) understand themselves and their motivations; (2) learn to be very sensitive to the impact they have on people and how followers […]

Blocking And Tackling

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   In October, The Center for Entrepreneurship and Corporate Growth at Goizueta Business School at Emory University hosted a conference for CEOs and leading national business school faculty entitled “Hitting […]

The Family Business: The Unintended Consequences of Gifts of Stock

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   As successful first generation family business owners age, most consider gifts of stock to their children and/or grandchildren in order to save estate taxes. Such gifts can create divisive […]

The Family Business Succession: The Duality Principle

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   Most family businesses do not successfully make it to the second or third generation. Estimates are that only 70% of the family businesses successfully make it to the second […]

When Should Your Business Stop Growing?

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   The business world is a believer – a believer in growth. With sayings like, “grow or die“, and “eat or be eaten“, the growth mantra implies that you must keep growing […]