Category Archives: Crisis Management

Term Limits or Age Limits in “Refreshing the board”???

NYSE Euronext Scott Cutler and Corporate Board Member TK Kerstetter discuss term limits, age limits, refreshing the board, creating turnover, and board evaluations.  Excellent insights.  As corporate board members we all need to remember that we need to always put … Continue reading

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Damage control ALERT for TicketNetwork!!!

“TicketNetwork CEO Don Vaccaro’s Monday morning arrest has cost the company as much as $8 million, as the South Windsor ticket re-sale firm announced Wednesday that is withdrawing from the state’s “First Five,” program. In a statement the company said “Due … Continue reading

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Biking as a leadership model!!

Riding a bicycle is more relevant to better leadership models through a “sense and respond” focus, rather than “predict and control” from a Financial Services Roundtable article and a WSJ article focuses on changing the way restaurants serve customers.  Both … Continue reading

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So hard to tell….”a naked prostitute from a naked worldly woman”

Today’s WSJ story on Dominique Strauss-Kahn reported that he spent the night in police custody in Paris “over allegations related to a prostitution ring which operated out of the northern French city of Lille”.  Mr. Strauss-Kahn allegedly attended parties in … Continue reading

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To regulate or not to regulate???

Shouldn’t we, as business people, be applying sound business ethics to the way we do business and steering clear of the gray areas?  Shouldn’t we have a bar that’s higher than the minimum required of us legally?  As a small … Continue reading

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Stunning Failure of Duty of Loyalty

I attended a board meeting last week that I wish every board member could have experienced. The President of the Board is a senior officer of the company responsible for managing the funds of the organization and there is a … Continue reading

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Key elements of a Crisis Plan

Board leadership for companies in crisis Five questions will tell if your board is engaged By Taylor Simonton A crisis can quickly turn into a disaster if a company is unable to respond properly. According to National Association of Corporate … Continue reading

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A city of the future?

Hartford had an inaugural ball last night for our newly elected Latino Mayor, Attorney Pedro Segarra.  His spouse, Charlie Ortiz, accompanied him.  The ballroom of 900 diverse people (with proceeds to charity organizations) was filled with business people, non-profits, government, … Continue reading

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Is it “Bain” or about “doing the right thing”?

Who is asking “is this the right thing to do” when business or political decisions are made?  Big banks and mortgage lenders had bet against their own customers, taken chances comparable to playing the roulette table, and gambled away our … Continue reading

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A Model for 2011 Executive Comp changes

The following was provided by Lawndale Capital: “In an 8-K filing on January 4, 2012, P&F Industries (O-PFIN) disclosed it has entered into a new 3-year Employment Agreement (“New Agreement”) with current Chairman and CEO Richard Horowitz replacing one that … Continue reading

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