All About...

BSM Blog

[11.24.2008]

Watching the turmoil in the markets over the last few weeks has been extremely painful but entertaining and instructive. It points out, I think, that it is all about leadership.

First, Hank...

[11.20.2008]

Wow, it’s getting rough out there. We are in a recession made worse by a liquidity crisis and a government that refuses to get out of the way.

If you believe everything you are reading the...

[11.19.2008]

The free market economy of the United States, left alone by short sighted politicians, is very resilient. Government needs to get out of private enterprise or it will stifle all innovation and entrepr...

[11.18.2008]

Four years after the fact, the S.E.C. has filed a complaint against Mark Cuban for insider trading on a $750 million dollar deal.

This sounds a lot like the Martha Stewart lynching conducte...

[11.18.2008]

If you’re serious about growing your business, ask this question of your managers and employees every day.

Someone is going to be number one or number two in your industry or market. The qu...

[11.11.2008]

The stock market has crashed and we have a liquidity crisis. The crash and crisis is the result of another failure on the part of regulators to adequately do their job of keeping an eye on greedy and ...

[07.09.2008]

A column in the July 9 Wall Street Journal made some good points about the control some CEO’s exercise over their Boards as Chairman and CEO. I doubt, however, if splitting the Chairman CEO role will ...

[07.08.2008]

Ben Bernanke and Henry Paulson are both making a major power play to increase the role of the FED and the Treasury Department in regulating the countries financial markets. In the meantime, Chris Cox ...

[06.11.2008]

John McCain is showing his lack of real life business savvy with his recent proposal to let shareholders approve executive pay. Executive pay is the Boards job, not the shareholders job. His plan may ...

[05.28.2008]

TEN IN A SERIES OF TEN POSTS

FOCUS ON EMPLOYEE RETENTION, NOT HIRING.

Employees are assets not expenses. They are very expensive assets to acquire and get into a position where t...

[05.28.2008]

NINE IN A SERIES OF TEN POSTS

BE VISIBLE AND APPROACHABLE TO YOUR STAKEHOLDERS.

You can’t run a business sitting behind a desk and looking at a computer screen-at least you can’t...

[05.28.2008]

EIGHT IN A SERIES OF TEN POSTS

CELEBRATE THE SMALL VICTORIES.

Major successes are the accumulation of hundreds of small, often unnoticed efforts; not one gargantuan achievement. ...

[04.25.2008]

SEVENTH IN A SERIES OF 10 POSTS

ASK YOUR EMPLOYEES WHY.
Why?

This is the greatest question in business. Ask your employee’s why they do th...

[04.18.2008]

Sixth in a Series of 10 posts

TERMINATE YOUR TWO LEAST PRODUCTIVE EMPLOYEES.

Your company, in fact any company, is only as good as its worst emp...

[04.09.2008]

FIFTH IN A SERIES OF TEN POSTS

IMPLEMENT A PERFORMANCE BASED COMPENSATION PLAN.

Most people are motivated, or at least partially motivated, by money. Most companies, however, fai...

[04.09.2008]

FOURTH IN A SERIES OF TEN POSTS

LISTEN BEFORE YOU TALK.

Don’t let your mouth get in the way of coming up with the best solution to a problem. As surprising as it may seem, you’re...

[03.31.2008]

THE THIRD IN SERIES OF 10 POSTS

MEASURE IT AND IT WILL IMPROVE.

In business, if you measure, monitor and report on something, it will improve...

[03.25.2008]

SECOND IN A SERIES OF 10 POSTS.

IDENTIFY AND ASSIGN RESPONSIBILITY FOR THE TOP FIVE KEYS TO SUCCESS IN MEETING YOUR 2012 GOALS.

You probably h...

[03.16.2008]

FIRST IN A SERIES OF 10 POSTS.

WRITE YOUR 2012 ANNUAL REPORT TO STAKEHOLDERS

The problem that most companies struggle with is having al...

[03.12.2008]

Since 2000 we have had the Enron and WorldCom fiasco’s in the securities markets. We have witnessed a backdating scandal and now here comes the sub-prime mortgage crisis created by selling bundled loa...

[03.11.2008]

Elliot Spitzer

I don’t really need to pile on to Elliot Spitzer, but if ever anyone deserved to have the book thrown at him, it is Mr. Spitzer.

Mr. Spitzer made a career out of ...

[02.10.2008]

Do you remember your last vacation?

In the weeks preceding the trip you day dreamed about how great it would be to lie in the sun. Perhaps you dreamt of visiting some historical...

[01.16.2008]

When I think about a business and the flow of information and transactions, I always picture it as a giant funnel. Information from sales, operations, purchasing, vendors, regulators, customers, Board...

[01.03.2008]

I don't know about you, but I am sick and tired of hearing the worn out phrase corporate greed and corruption. Greed and corruption is not rampant in American business. The fact is that the Securities...

[01.04.2007]

During the past several months one of the hot topics has been companies that have sold out to a private equity firm or that have filed their IPO in an overseas capital market. Sarbanes Oxley and over-...

Here's my email address. Send me the e-book that could save me thousands of dollars. Worried about spam? We hate spam too. Your email address is safe with us!

Contact dave@bsmexecutiveadvisor.com today to discuss your business needs!