The New York Times today carried an article about the resiliency of family business. While it contains some unrealistic happy talk, it highlights the broad resources and the strong commitment that are the hallmarks of successful family businesses and that...

CFO Magazine recently interviewed three business leaders about headcount reductions. There are some valuable nuggets in this article:     Cut outputs - not inputs. The cost of hiring and training often outweighs the savings from force reductions. Don't overlook...

Charles Dickens' famous opening sentence continues ... "it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity." More than 150 years later, our business world is...

This year is likely to be a trying time for many of our friends and colleagues as well as ourselves. Let's vow to act urgently when someone calls on us for aid, be positive about the those things we can...

. . . and I'm taking a bit of a hiatus. It also seems that the news these days is remarkably staid and uneventful, and I don't expect much will change for the balance of the year as everyone seeks...

It won't surprise anyone that CEOs are finding risk management at the top of their agendas these days as they move to survival mode. The Conference Board's recent survey finds that neither "global economic risk" nor "financial risk" were on...

The New York Times recently wrote an investigative piece about the ratings agencies, particularly Moody's, and their role in the financial debacle that has befallen Wall St. Lucifer smiled and opened his gates, I suspect, when Moody's started selling their...