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Tesla CEO Elon Musk reminds us about the importance of delegating work

In today’s business environment, leaders are encouraged to speak in a transparent, honest way to their employees, customers, partners, suppliers, shareholders and any other party that may be somehow connected to their organization. Some even take the opportunity to speak of their failures just as readily they discuss their successes. From Facebook executive Sheryl Sandberg […]

Business Succession Planning, Part 1—Key considerations when building a plan

For entrepreneurs, there are few more important considerations when building and growing a business than their eventual exit—either by choice upon retirement, or by some other inevitable circumstance such as their passing. Many CEOs hope that their eventual line of succession leads directly to family members, perhaps an ambitious son or daughter, or a management-minded […]