In his TED Talk, Knut Haanaes explains why companies fail and how leaders can avoid common traps. He identifies two main reasons: some firms only exploit what they already know, while others focus only on exploring what is new. The key is striking a balance between...
McKinsey study found that companies that act on emerging trends grow revenues twice as fast as those that don’t. Yet many SMB CEOs still depend on gut feel or quarterly reports instead of using tools designed to detect early market movement. The reality is...
Situation A rapidly growing company found itself at a pivotal moment. With expansion on the horizon, leadership recognized the urgent need to strengthen its internal bench of talent. While the company had capable team members across departments, it lacked a formal...
A 2024 Deloitte survey found that 64% of SMB CEOs admit they lack access to the expertise needed for high-stakes strategic decisions. As companies expand, relying on a single decision-maker becomes a liability. An advisory board in SMBs solves this by bringing in...
A PwC study found that companies with effective governance practices see shareholder returns up to 20% higher than those without structured oversight. While this statistic is often applied to large corporations, the implications for SMBs are just as important. Many...
