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Organization That Failed to Innovate – Avoid Their Fate

ReadWriteStart

While employees are often inspired by success stories and case studies of triumphant innovation tales of large companies, the cost of not innovating is often overlooked. Sharing the stories of organizational failure due to a lack of enterprise innovation can create a sense of urgency in employees and make them understand the stakes.

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PR Crisis Management: 7 Steps to Successfully Handle Your Next Crisis

Board Effect

A poorly managed crisis could cost your nonprofit its reputation, yet developing a solid PR crisis management plan could help maintain the public’s trust through the worst possible crisis. The risk of crises and how to handle them should be part of every nonprofit board’s risk management plan. What’s the Worst That Could Happen?

PR 68
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Why Startups Are Ready For A Reboot

YoungUpstarts

Most startups have been competent in managing their cash burn by determining how they spend and utilizing government subsidies to meet their goals. Companies that have managed to do this have a distinct advantage over those dependent on financing from external sources. Some have resorted to aiming to be self-sufficient.

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Pivot Now is Less Painful Than Turnaround Later

Startup Professionals Musings

Gemassmer Startups struggling for survival are not uncommon, due to economic changes, management problems, or product issues. If these challenges can’t be resolved by the existing team with “course corrections” or “pivots,” an investor will often bring in an experienced CEO to tackle the turnaround before or after bankruptcy.

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21 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

Saturn, Pontiac, and Hummer were all shuttered due to GM's bankruptcy, which occurred on June 1, 2009. They're also dedicated to giving back to the community and their employees, who each receive three pints of ice cream per day. When he starts a business, the only thing that matters to him is his employees. It cost him $4.8B

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Business Prenup: What To Do Before You Start A Company With A Partner

YoungUpstarts

Zyla, managing director of Acuitas, Inc., Think about your employee and ownership hats. You should also understand that you may be liable for certain acts or omissions as a manager, officer or director, but shielded from liability as a member (in a manager-managed LLC) or shareholder. Bankruptcy?

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Rebranding Your Business? Key Things To Keep In Mind

YoungUpstarts

Rebranding is one way to overcome the odds of a partnership breakage or a bankruptcy, showcasing the good points of your business. The best person who can champion your brand is you and your employees. Select a few of your employees who will take part or be in-charge of your rebranding. Why are you rebranding your business?