Sat.Oct 01, 2016 - Fri.Oct 07, 2016

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How come VCs are. jerks?

This is going to be BIG.

That was a question posed to me by a new analyst at a venture capital fund. Admittedly, I finished this person's sentence after their long pause. but the word "jerks" was agreed to as the direction they were taking the question. While there are lots and lots of really kind, generous people working in venture capital--the recently retired Howard Morgan, Hunter Walk, Brad Feld, and Karin Klein for example--it's really tough to argue that there isn't widespread jerkery.

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Stop Right Now and Fire Your CEO

Entrepreneurs' Organization

By Dustin Puryear, Founder and CEO of Puryear. There is nothing more nerve-racking than firing somebody. Yet, here I was doing it. “Sorry, but you just don’t fit. You were great when you started in your role here, but now things have changed and sometimes that means hard choices have to be made.”. There may have been a little quiver in my hand as I started signing the pink slip.

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What do you wish you’d known yesterday?

Berkonomics

Wouldn’t it be great if there were no more digital or printed reports to tell us what happened in the past? I know. We need financial data for comparison, and to a degree – for planning. But we should be thinking of finding ways to make data available to us much earlier, when it is more meaningful and actionable. Call it “pervasive access” or just–in–time reporting.

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What was Nike like as a startup?

Unvalidated Learnings

And what you can learn from it Can you imagine Nike was a startup once? A lone guy in his parents’ garage hustling his way through importing cheap running shoes from Japan and selling them door to door (or rather race track to race track). Such is the company’s current scale and standing in popular culture that it’s hard to imagine it once was nothing more than a scrappy upstart with chronic cash shortages.

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Digitalization: 5 Tech Updates That Will Help You Survive The Recession & Thrive

Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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Is Groupthink Devouring Your Team’s Decision-Making Ability?

Entrepreneurs' Organization

By Glenn Bartlett, Head of Strategy at Step Change. 28 January 1986 completely changed the way NASA operates. Here’s why: That day marked the space shuttle Challenger ’s tenth mission. But the day before, the engineers had warned the mission control centre that the cold weather forecast on launch day would pose risks: They had not tested the O-ring seals below 53 degrees Fahrenheit (a critical part of the rocket).