It was another late night returning home from a business trip this week. Spring weather in Denver has been rainy for a week straight. We need the moisture (not as badly as other parts of the country), so no complaints.
The overcast was heavy with a light sprinkle as I left the airport on the hour’s drive to our mountain neighborhood. There was little traffic at midnight. When I got within 2 miles of our home, a heavy fog stopped me cold.
Visibility was less than 10 feet (!). I could barely see the center line, much less the outer edges of our paved two-lane highway. The rest of my drive home was at less than 5 mph, sometimes dead stopped, creeping along to ensure I was on the road, not heading off of it!
It was an unsettling end to an otherwise boring drive home. I simply couldn’t see. The fog caused me to slow way down, to discount my years of experience (driving on this road), and to increase my frustration and anxiety. (read more…)
Pop quiz: what is the difference between a board of directors and an advisory board?
If you are not sure of the answer, do not worry, as you are in the majority.
While corporate boards of directors are a newsworthy topic, boards of advisers are often overlooked. Globally, corporate boards serve as fodder for speculation, debate and often criticism. As they are the main instrument of governance for all types of companies as well as not-for-profits they do indeed deserve our attention. Delaware corporate law mandates that the responsibility for the oversight of the management of a corporation’s business and affairs is vested in its board of directors (per Organisation for Economic Co-operation and Development, or OECD.)
However, as I hope to clarify in this article, boards of advisers are an effective tool that can aptly serve companies and non-profits both as a compliment to a board of directors or in its place. (read more…)
Ahh, spring! The changing season brings fresh growth, bright colors and baby foxes and deer to our Rocky Mountain meadows — and major golf tournaments to our television screens.
I played golf for years. For the first five years, I played it wrong. I was inconsistent as the dickens. Once I got serious, I hired a golf pro who helped me understand the physics of the golf swing and how to deliver the club head to the ball the proper way.
Hitting a golf ball looks simple. The reality is that a golf swing has dozens of moving parts! And, hitting the ball properly with an iron is counterintuitive to what a new golfer thinks.
Hitting a golf ball from a tee is different — and quite a bit easier. That only happens 18 times a round, when hitting from the tee box (the opening shot on a hole).
To hit a golf ball properly with an iron, so the ball flies high and straight, one should not swing “at” the ball or scoop the ball up. (read more…)
The continued struggles of the Secret Service are a series of failures and performance lapses that have gone on for several years. One person, however, was warning of the decline of the agency well before the Salahis crashed a state dinner in 2009; well before the 2012 prostitute scandal in Colombia; before a knife-wielding man gained entrance to the White House last year; and before the recent episode in which drunk agents drove their car up to the White House and interrupted an active bomb investigation.
Ronald Kessler, a New York Times best-selling author and journalist for the Wall Street Journal and Washington Post, has written two books and an op-ed piece that have spelled out dire consequences if the Secret Service doesn’t heed the warnings of their continued failures. In his book “In The President’s Secret Service,” Kessler warned that without significant changes in the agency and its culture, “…an assassination of Barack Obama or a future president is likely.”
I talked with Kessler recently and discussed the lessons for business leaders that can be gleaned from the Secret Service’s continued lapses. (read more…)