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Culture is Strategy This post is part of my ongoing series exploring lessons from Jim Collins’s book, BE 2.0 Why Culture Matters More Than Strategy People often say “culture eats strategy for breakfast.” Jim Collins takes this further: culture doesn’t just influence strategyit becomes your strategy. .”
Most people suck at presenting to big groups. It’s a shame because the ability to nail these presentations at key conferences can be once-in-a-lifetime opportunities to influence journalists, business partners, potential employees, customers and VCs. – No great presentation can be delivered like a conversation.
Most people suck at presenting to big groups. It’s a shame because the ability to nail these presentations at key conferences can be once-in-a-lifetime opportunities to influence journalists, business partners, potential employees, customers and VCs. – No great presentation can be delivered like a conversation.
He wrote a post this long weekend on how he manages the board of DataSift. In his post he asserts, “You get the VCs you deserve” and the corollary “You get the performance out of your board that you deserve.” By spending more time educating your board on your business you get more valuable advice from them.
As I prep for my first Backupify board meeting, I asked more experienced pros for their take on setting the right tone and starting things off right for productive board participation. I was so excited about the company that I was overly-active in the board meeting, to say the least. I talked over the other board members.
I have been writing a series on how startup boards get selected, who sits on them and what to avoid. I started this series in part to help entrepreneurs but also to help newer investors because I’ve know with so many new companies you have so many new board members and many people are trying to figure out there respective roles.
When Pete approached me for advice, I recommended the “Failure-Proofing” strategy, which is a pragmatic and easy-to-use technique to defend against planning and project disasters. He recruited Ann, a member of the firm’s Advisory Board, to be an independent facilitator. 3 Key Steps to Preventing Disasters in Implementing Decisions.
Many board meetings are bored meetings. Management teams whisk through slides trying to get through a presentation to share how great things are going and they are eager to get through the meeting so they can get back to their real jobs. Yesterday I wrote a blog post about what the role of a board actually is.
Getting suppliers to accept terms that they said they never normally agree, getting accepted to speak on a panel when the conference organizer initially said “no,&# getting people to moonlight for you until you have the cash to bring them on board. I was the only unimpressed board member. A couple of quick stories / examples: 1.
March 18, 2025) Last week, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the Next New Jersey Program – AI and the AI Innovation Challenge Administration Grant Program.
As an EO strategy summit facilitator, I have witnessed first-hand the value of these events for the community. Strategy summits are opportunities for growth, connection, putting steel to the grindstone, and sharpening processes to drive transformation. The other 99 percent? Alignment.
MyEO DX attracts EO members who are looking to transform or reinvent their business strategies or overall engagement with entrepreneurship. Some MyEO DX members are angel investors and serial entrepreneurs with deep knowledge about the process and strategy behind buying and selling companies. What are some of the DX22 event highlights?
You can work as a consultant, an interim executive, a board member, a deal executive partnering to buy a company, an executive in residence, or as an entrepreneur in residence. . Typically you’ll share your expertise in 5 main ways: phone calls, presentations/in-person meetings, surveys, white papers, and in-depth consulting projects.
One area I’ve had much discussion with the companies in which I’ve invested in is bringing on board an operationally focused CFO. I think Ophir would agree that the business was transformed after we brought on board Phil Schraeder at the CFO (and later promoted to COO). And board confidence matters in growing companies.
When we were thinking of raising, he was the first I called, and after talking to Benchmark, Accel, August, and a few other tier 1 firms, it came down for me the person who was going to join the board. Many years ago I worked at Andersen Consulting, originally developing software for large corporations and then as a strategy consultant.
This financial leader could well have come through the finance org at another startup or at a larger company but they often also can come from strategy consulting (Bain, BCG or McKinsey) or through investment banking (Goldman Sachs, Morgan Stanley, etc.). and we were met with weak demand, slow growth and high costs. were more distributed.
And I hope the output is that you get a glimpse into the people shaping our tech present and a sense of the kinds of conversations we have when the cameras aren’t around. He grew up in Connecticut attended Yale undergrad and worked for IBM after graduation doing M&A, strategy and venture capital. I totally agree.
Post MBA I went into strategy consulting where my job was to problem solve for clients. This is a problem for a strategy consultant because you are, by definition, a generalist that is thrown into new problems again and again. It is about structuring your thoughts, presentations and communications. It’s not.
In that process, I ended up interviewing 200 successful business owners in the summer of my 13th year,” Daly said in a presentation to members of Entrepreneurs’ Organization. Appoint a board of directors for your life. Daly has a five-member board that he meets with four times a year to make sure he’s on track. Another trick?
by Erick Slabaugh, a long-standing EO member in Seattle and former director on the EO Global Board “If your actions inspire others to dream more, learn more, do more and become more, you are a leader.” The Origins David Galbenski and I served on the EO Global Board together in 2007.
The best MBA class I took was an investment strategy class. As we all know the VC industry is now set to contract dramatically as profiled in this seminal Paul Kedrosky presentation predicting a 50% contraction. disclosure: I am thankfully no longer on this board). I only had one board with this problem.
His strategy for selling in 2009 is relevant to any economic downturn. In this episode of #DreamitLive , Moore discussed the challenges we are confronted with in a downturn and the unique challenges COVID-19 presents. Luckily, the strategy can be broken down into 3 steps. What keeps them up at night? What are they ignoring?
Today’s interview was with Tige ( interesting to follow on Twitter ), who has been involved with funded and/or sitting on the boards of Revolution Money, Living Social, Flexcar (now ZipCar) and UberMedia. It allows him the opportunity to do what he does best, finding and motivating entrepreneurs then thinking through market strategy.
Getting distracted may seem innocuous, but the consequences are disastrous over time: lost productivity, falling revenues, and a gnawing ever-present sense of missed opportunities. These overachievers and members of The Oracles share their strategies to sharpen your focus, prolong your concentration and beat distractions once and for all.
So we’re hooking up with Extreme Tech Challenge (‘XTC’) to present the Extreme Tech Challenge Global Finals , a startup competition focused on powering a more sustainable, equitable, inclusive, and healthy world. Today, we’re excited to share the agenda of the event with you. Powering the Future Through Transformative Tech.
But if you’re a concentrated investor who takes board seats then you know the hard bit starts the day after. You need to be very present in these periods of time. Being active, engaged, present, knowledgeable and having earned trust from the core team can make a huge difference on the eventual outcome of the companies.
If you're a beginner learning the ropes or a veteran B2C marketer making the shift, trying to work with anything other than a purpose-built B2B email marketing strategy is a recipe for disaster. 6 key strategies for designing a B2B email campaign You get it: B2C or generalized email strategies are a no-go for your B2B campaign.
My EO Forum served as a sounding board to examine my challenges—both personal and professional. From practical assistance, like boarding up my store windows in anticipation of a local riot, to the personal growth opportunities that I gained through my role managing our chapter’s learning calendar, EO members stood by me.
Be more present. She provided me with so much advice on business strategy, business channels and HR. About a year and a half after starting my business, I joined EO and was quickly invited onto the board of directors where I sat with a woman who is so unapologetically herself. Stop multitasking and instead, do one thing.
Beyond volatility: How semiconductor companies can thrive with a focused sector strategy. Beyond volatility: How semiconductor companies can thrive with a focused sector strategy. Build a solid deck for your quarterly board meetings. Build a solid deck for your quarterly board meetings.
One of the most common questions we hear from founders is “How do I manage my board?” It’s something that provokes anxiety, because this is the first time the founder/CEO is subject to external supervision, and the board has powers that include the firing of the CEO and the senior management. But first, what’s the purpose of a board?
Then, we develop a communication strategy to convey the value of these face-to-face tasks to hybrid employees, to get their buy-in on coming to the office for high-impact work pursuits. In-depth training A survey by The Conference Board reveals the key role of professional development for employee retention.
Founders have grown accustomed to supervoting stock structures as VCs agree to loosen terms to get a stake in the funding event, essentially giving these founders authority over their own boards. “I I think you’ll start seeing pushback on complete board control by the founding team,” stated Martino. “I
But for my sins I got an MBA and did “strategy&# consulting. In 1999 I was in Japan doing a strategy project for the board of directors of Sony. There are so many ways to present data to tell the story you want that I can’t even list every way data is skewed. It was originally COBOL and DB2 – so what?
I worked nearly a decade as a consultant – first building large scale IT systems and then doing strategy consulting. We have a great board chat and talk about our strategic direction but then you go out and execute. We spend the entire day together on Mondays in our partners’ meetings and seeing companies present.
As a revenue leader at large and small technology companies, I’ve spent the last 15 years attending a lot of quarterly board meetings. This is all necessary because the board meeting is such a high-stakes event. As a wise mentor once told me, no one ever gets a promotion from a board meeting, but people sure do get fired afterward.
Eight entrepreneurial teams presented their business startup ideas to a panel of judges, friends, family, and other community members for a chance to win $10,000 to launch their business. On Tuesday, July 9, 2024, Ben Franklin Technology Partners hosted a virtual pitch event for their TechCelerator Startup Bootcamp.
You would expect the co-founder of a startup that improves on traditional slide presentations to hate tools like PowerPoint. But he found that creating good presentations took hours of work and was especially difficult for people without a visual design background. But that’s not the case with Mayuresh Patole, the CEO of Chronicle.
It’s true that angel investors typically do not present entrepreneurs with overly complicated deal structures, especially when compared to venture capitalists. Your best strategy is to bring your own term sheet to the negotiation as a starting point. Seat on the board. But the lead angel would certainly ask to be given a seat.
As a member of the local Angel group selection committee, I’ve seen a lot of startup presentations to investors, and I’ve never seen one that was too short – maybe short on content, but not short on pages! Every startup needs both a business plan and an investor presentation, completed before you formally approach any investors.
Managing Your Startup Board?—?A A Short Presentation I was invited to do a keynote presentation at the Khosla Ventures CEO Summit this week in Sausalito. My talk was about “ managing your startup board ” and the full deck is on that SlideShare link and embedded below. How Do Boards Get Out of Sync?
They are always seeking out ways to cost effectively and rapidly produce must-have answers — well ahead of time — on the performance of scenarios in strategic portfolio design, budget planning, assortment, space, pricing and trade fund strategies,” Mirpuri said. ” That’s where Insite comes in.
Monthly sessions share best practices, resources and cover everything from marketing, presentations, ghostwriting, publishing tips, pitching–any and everything related to promoting authors and speakers. My speaking and presentation techniques have improved exponentially as a result. It’s that easy.
In terms of topics we spoke about: - Do VC’s send your presentations around to other people if they don’t fund you? I asked some of the participating VCs, and they told me their attorneys had figured out a way to keep their stealth-mode companies stealthy.Yes, this strategy is not for every company. short answer: very, very rarely.
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