What is Institutional Knowledge? Institutional knowledge is the combination of experiences, processes, data, expertise, folklore, cultural values, and information possessed by a company’s team. It can span decades and comprise…
As we publish this piece, more US states are directing their people to stay isolated at home to help slow the spread of Covid-19. Schools are closed, workers have been…
Investors invest in people, not ideas. Customers buy from people, not companies. Employees rally for a great leader. As an entrepreneur, you need relationships to succeed. That means relationships with…
Every entrepreneur I know wishes he had more time to coach all the members of his team. I often hear the excuse that coaching takes more time than simply diving…
Trust seems to be in short supply these days. Perhaps it’s because we are reminded daily of scams on the Internet that result from unscrupulous businesses and people. Thus if…
One of the big differences between an entrepreneur and an employee of a big corporation is that employees tend to have a very narrow focus on their job, while entrepreneurs…
Just as national culture influences and shapes a country, so does the startup culture drive the future of a new venture. At leading companies such as Google, Apple, and Netflix,…
Nike CEO Apologizes for Corporate Culture, Uber’s Efforts to Fix Culture, Wells Fargo’s Cutthroat Culture Drove Fraud, these are just a few recent headlines illustrating the power of culture to…
Many companies boarded the telecommuting bandwagon in the early 2000s — and with screen-sharing technology and so many virtual meeting options, who can blame them? Employees loved telecommuting because it…
According to the Bureau of Labor Statistics, at the end of November 2017, there were 5.9 million job openings in the United States. And, according to Recruiting.com, “ManpowerGroup, a worldwide…
