I recently had the opportunity to take an interim turnaround role at WebTrends and learn from the mistakes of the previous executive team (had there been no major mistakes, there also would have been no turnaround team!). The most powerful lesson I took away was how profound a role the corporate culture can play in the success of a company, and at the same time, how quickly that culture can diverge from whatever controlled messaging comes from the top. Culture is a productivity multiplier for every employee – and a bad culture sets a fractional multiplier that makes the entire company less productive. At the old WebTrends, management attempted to control internal messaging more than any group I’d ever seen. Several man months of preparation for every board meeting (despite being a private company with no outsiders on the board), countless iterations of non-customer-facing slide decks and emails, and lots of rehearsal time for the smallest internal meetings. Inte...
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Are entrepreneurs crazy idiots?From: feeds.feedburner.com
Post Date: 2008-03-07 23:51:00
I recently enjoyed Nassim Taleb’s books after reading Stu Phillips’s thoughts about them . Taleb describes himself as a " skeptical empiricist ", which means, among other things, he recognizes many difficulties of using past data to predict the future. A lot can change quickly and completely unexpectedly. An analogy he uses a lot is a turkey that gets a full meal every day and begins to think that it will always be comfortable and well fed - then Thanksgiving arrives and the turkey...
more Syllabus - LAWS 61702 (Entrepreneurship for lawyers)From: feeds.feedburner.com
Post Date: 2008-03-04 09:21:00
I’ll be posting a bunch of stuff here for my class at Chicago. I’m hoping that by doing so, I’ll enable a broader dialogue on the topics we’re covering. At any rate, the syllabus is below. Class starts March 31st, and I’ll post the teaching material and interesting discussion points as we go. *** Syllabus – LAWS 61702 The Business of Entrepreneurship for Lawyers John Rodkin OVERVIEW: The course will focus on the legal and non-legal tactical details of entrep...
more The business of entrepreneurship for lawyersFrom: feeds.feedburner.com
Post Date: 2008-02-21 08:08:00
I’ll be teaching a class at University of Chicago Law in the spring quarter. Entrepreneurship as a title was taken, so I had to go with the longer and more confusing " The business of entrepreneurship for lawyers ". I’m excited, but also scared out of my head. Nothing helps you understand how little you know like trying to teach it to someone else. The goal is to teach law students that they have plenty of training to be entrepreneurs themselves. If it’s not in them , t...
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