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Posts Tagged ‘Chapter 11’

5 Big Blunders CEO’s Make That Lead to Crises

Posted in An Ally's Advice, Business Laughs, War Stories, tagged , , , , , , , , , , , , , , , , on September 9, 2011 | 1 Comment »

My last white paper was about the faux pas of CEOs in crisis, but in writing that paper I started thinking about some of the biggest mistakes CEOs, presidents and business owners make that result in crises. Since you may not be facing a crisis right now – and I hope you never are – [...]

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The Regrets of “Too Late,” Managing a Company in Crisis, Part III

Posted in War Stories, tagged , , , on June 27, 2011 | 1 Comment »

Similar to last time, I’ll happily wait while you read and enjoy parts One and Two of this series. Consider All Your Options Before Making a Decision I find that in a crisis, some leaders often accept bad advice without thinking through their options (I’ll address the issue of mistakes leaders make in crisis more [...]

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Lessons from a Burning House: Saving a Company in Crisis, Part I

Posted in War Stories, tagged , , , , , , , , on June 8, 2011 | 2 Comments »

When there’s a fire, call the fireman. The Crisis A few years ago, a popular chain of restaurants found itself at a defining point in its history. The company filed for protection under Chapter 11 of the Bankruptcy Code following a detrimental legal judgment and the termination of its President. These, in addition to a [...]

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The Wonderful Ways of the Whiteboard in Business, Part 1

Posted in An Ally's Advice, tagged , , , , on May 9, 2011 | 1 Comment »

I love my white board, and quite frankly, I don’t think I could do business as successfully without it. A white board lends clarity to complex situations and helps viewers logically analyze the many issues surrounding a case or problem. The white board also allows you to see the holes in your logic – and [...]

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What Napoleon Can Teach Business Leaders

Posted in War Stories, tagged , , , , , , on April 8, 2011 | 3 Comments »

A leader is a dealer in hope. – Napoleon Bonaparte This is a lesson I learned on one of my earliest turnarounds, and though I’ve talked about it before, it’s worth reiterating to emphasize the point. A very large cheerleading supply company was having huge problems and needed to be brought through a Chapter 11 [...]

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What Cheerleaders Can Teach Us about Big Business

Posted in An Ally's Advice, War Stories, tagged , , , , , , , on March 4, 2011 | Leave a Comment »

  Last night I did a radio interview (that I’ll post when the podcast becomes available), and I was asked a question that I thought I’d share my answer to with you here. I was asked about my guiding principle – one that helps me lead my firm and other companies that hire me as [...]

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