All items from Lindenwood Associates | Crisis Management

It’s a crazy competitive world out there–you can’t afford to have employees who aren’t cutting it. Some months ago, Apple and Microsoft each parted ways with a high-profile senior executives: iOS software chief Scott Forstall and Windows president Steven Sinofsky. The moves were just weeks apart and the stories were strangely similar: two remarkably effective [...]The post 7 Employees You Should Fire Now appeared first on Lindenwood Associates.



Posted 4 days 7 hours ago

  Retailers that go bankrupt are more likely to liquidate and less likely to restructure than other types of companies, a new study by Fitch Ratings shows. In a recently released study, of 20 large retail bankruptcies over the last decade, Fitch found that 11 companies, or 55 percent, liquidated, while only nine survived after [...]The post Retailers More Likely to Liquidate in Bankruptcy appeared first on Lindenwood Associates.



Posted 1 week 4 days ago

“The best time to plant an oak tree was 20 years ago.  The second best time is now” – source unknown.   You’re an entrepreneur.  You’ve worked hard.  You’ve sacrificed time with your family, time with your friends, time doing things you used to do for fun.  You’ve been through ups and downs and learned [...]The post What You Don’t Want to Wish After You’ve Sold Your Business appeared first on Lindenwood Associates.



Posted 2 weeks 4 days ago

Being likeable will help you in your job, business, relationships, and life. All of the concepts are simple, and yet, perhaps in the name of revenues or the bottom line, we often lose sight of the simple things – things that not only make us human, but can actually help us become more successful. Below [...]The post 11 Simple Concepts To Become A Better Leader appeared first on Lindenwood Associates.



Posted 3 weeks 4 days ago

There are two kinds of ownership in a family enterprise.  One is tangible – that’s the stock in the entity.  The other is intangible.  It’s the emotional connection based on history and legacy.  It has been found that this latter kinds of ownership is much more challenging to relinquish.  There are often horror stories of [...]The post Are You Thinking of Selling the Family Business? Questions to Ask Yourself Before Taking the Next Step appeared first on Lindenwood Associates.



Posted 4 weeks 1 day ago

If you have ever been on a Super Team, you know how it felt. The group accomplished seemingly impossible goals like clockwork. The group stayed pretty much on track, and when it got off the beam, it self-corrected. People on the team shared real interpersonal affection, and the group had a lot of fun. Imagine [...]The post Seven Traits of Super Teams appeared first on Lindenwood Associates.



Posted 4 weeks 4 days ago

Immediate Personnel Priorities There is a difference between leading and managing, and especially in a turnaround or renewal situation, where often difficult and prompt actions must be taken for the health or survival of the business.  Inspirational and visible leadership is the essential component to preserving core people assets and can prevent key talent from [...]The post Who to Keep in a Transformation? appeared first on Lindenwood Associates.



Posted 5 weeks 1 day ago

  Despite the image and stigma associated with bankruptcy, financial reorganization of failing businesses (and nonprofit organizations) through Chapter 11 bankruptcy is actually helping the economy by giving companies a chance to find new financing, reject onerous contracts, renegotiate leases, and expedite the sale of assets. Harvard Business School recently published an article reviewing comments [...]The post Fixing Business Through Chapter 11 Bankruptcy Boosts the Economy, Says New Study appeared first on Lindenwood Associates.



Posted 5 weeks 3 days ago

In a culture where success is worshipped, it’s difficult to grasp how profoundly complicated and painful it is to fail in this country.  I’ve written before on this subject as it relates to success (see http://www.lindenwoodassociates.com/crisis-management/darkness-light/).  This is different, because I really think men and women react very differently.   I’ve worked with struggling family [...]The post CEOs from Mars and Venus and Their Reaction to Business Failure appeared first on Lindenwood Associates.



Posted 6 weeks 1 day ago

      “When are you going to sell the business?” your wife asks. “When we’ve got it ready to sell,” you reply vaguely. “When will it be ready?” she persists. “In a couple more years. We have to get sales back on track after a recent setback.” Your wife sighs, frowns and bites her [...]The post Time to Sell? Setting Your Action Plan appeared first on Lindenwood Associates.



Posted 6 weeks 4 days ago