The biggest mistake business leaders make

Art Medici (L) and me after the Strategic Business Forum
I asked Art Medici, a partner at Newport Board Group, what was the biggest mistake CEOs routinely make. Given Art’s extensive CEO pedigree (he’s raised money, right-sized, navigated through mergers and acquisitions, founded companies, turned companies around, etc.), I figured he was the right guy to ask. He answered, but along the way he also gave me a bunch of other wisdom. Here are some highlights:

1. Get potential buyers of your product or service involved early in any development process. The conceit that a majority of entrepreneurs or inventors have is that, based on their experience, they know exactly what the marketplace wants. The problem is....

Read the rest at the Washington Business Journal.




Comments