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Your Company's Secret Change Agents
The Idea in Brief Some business problems--lackluster performance, escalating costs, interdepartmental conflict--persist no matter how hard companies try to fix them. Why? Most leaders impose top-down change tactics--importing outside experts or "best" practices, which never...
Tags: In Brief, Harvard Business Review, Jerry Sternin, Richard Tanner Pascale, Managing Teams, Management, Strategy, Team, Agent, Goldman Sachs & Co., Problem, Investment Team, Team Management
Articles 2008-02-13

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Commonality of handguns
[ILLUSTRATION OMITTED] When I first pinned on a badge, law enforcement had gotten past hand-cranked sirens but was still for the most part carrying revolvers. It was recommended a cop pick a brand and stay with it for all purposes. The typical uniform gun was a...
Articles 2008-09-01
U.S. Congressman Klein Visits Cyclone Power Technologies; Shows Support of Company's Green Steam Engine
Cyclone Power Technologies (PINKSHEETS: CYPW) hosted Rep. Ron Klein (D-FL) Friday in a meeting requested by theCongressman to view the Cyclone Engine and discuss ways to support thecompany's award-winning technology on Capitol Hill. This visit to Cyclone's research facility represented the second meetingbetween Rep. Klein and the Cyclone team. The...
Articles 2008-08-21
New House of Fraser management boosts sales and profits
HOUSE OF FRASER has delivered a healthy uplift in sales and profits, as the changes made by its new management team bear fruit despite tough trading conditions on the high street. The 61-strong department store chain, which was acquired by a consortium led by the Icelandic investment...
Articles 2008-08-21
Craig Pace Joins MorrisAnderson's Chicago Office as Consulting Manager
MorrisAnderson is pleased toannounce that Craig Pace has joined MorrisAnderson's Chicago office as aConsulting Manager. "Craig has an impressive track record in finance, marketing and strategy,"says Ken Yager, Managing Director. Adds Yager, "Craig's entrepreneurialspirit, combined with his middle market C-level experience, will be a greatasset to the MorrisAnderson...
Articles 2008-08-21
State Street Appoints David Puth to Lead Investment Research, Securities Finance and Trading Activities Worldwide
BOSTON -- State Street Corporation (NYSE: STT), the world's leading provider of financial services to institutional investors, announced today that David Puth has been named to a newly created position as head of State Street's investment research, securities finance and trading activities worldwide. Puth, age 51, will report to Jay...
Articles 2008-08-20
BioImagene Raises $26 M in Expansion Capital
CUPERTINO, Calif. -- BioImagene, the leading provider of affordable digital pathology solutions for cancer diagnosis and preclinical research, today announced the closing of a $26 million series D financing round led by Burrill & Company. Ascension Health Ventures, National Healthcare Services and existing investors Artiman Ventures and ICCP Ventures also...
Articles 2008-08-19
CCMP Capital Appoints Greg Brenneman as Chairman
NEW YORK -- CCMP Capital announced today that Greg Brenneman has been appointed Chairman and a member of CCMP's Investment Committee effective September 30, 2008. Greg Brenneman, 46, is best known for turning around companies and accelerating their growth. Brenneman is currently CEO of Quiznos, one of the...
Articles 2008-08-19
The lesson of the Olympics: public spending is a winner
Each day we awake to news of more sporting triumphs. We are not used to this. As they report the latest British victory, even BBC presenters convey a sense of delighted bewilderment rather than jingoistic pride. They are not used to this either. Perversely, commentators are more gung ho when...
Articles 2008-08-19
Joe Ranft Joins UpDown.com as VP of Product
Brings User Experience Expertise from Financial Powerhouse Fidelity Investments BOSTON -- UpDown.com, the leading social platform for virtual investing, today announced that Joe Ranft has been named Vice President of Product. A former executive at Fidelity Investments, Ranft brings his vast experience in the online financial space to...
Articles 2008-08-19
bnetTV.com Official Media Partner for Motive Industries $10 million Competition
bnetTV.com, Inc. ( www.bnettv.com ), asubsidiary of Winmax Trading Group, Inc. Winmax (PINKSHEETS: WNMX), is anOfficial Media Partner for Motive Industries X-prizeCompetition Entry . Motive Industries Inc. is a specialized vehicledesign and engineering firm operating out of Calgary, Canada, byentrepreneurs Nathan Armstrong and Darren McKeague . The...
Articles 2008-08-19
New Senior Sales and Creative Executives to Help Wilde Agency Keep Pace With Business Growth
Wilde Agency, a full-service marketing agencythat focuses on driving results across all media, today announced theaddition of senior sales and creative executives as the firm continues toexpand its management team to keep pace with business growth and emergingmarketplace opportunities. Doug Geer has joined Wilde Agency as associate creative director, andWilliam...
Articles 2008-08-19
PartsSource Brings in Minority Partners to Leverage Future Growth Opportunities
AURORA, Ohio, Aug. 19 /PRNewswire/ -- PartsSource, the nation's leading supplier of replacement medical repair parts for hospital equipment, has completed a minority transaction with Boston-based Polaris Venture Partners and Cleveland-based Primus Capital. PartsSource's existing management team will leverage this new relationship to continue its fast and profitable...
Articles 2008-08-19
Ipanema Technologies Announces $7 Million in Financing
To Expand Global Geographic Coverage of Company and Grow R&D Team WALTHAM, Mass. -- Ipanema Technologies, a leader in application traffic management systems for wide area networks, today announced $7 million in new financing to expand its global geographic coverage and grow its R&D staffing. For...
Articles 2008-08-18
Penfund Announces $18 Million Investment in Timothy's Coffees of the World Inc.
Penfund, an independent investment company specializing in providing capital to middle market companies, announced today a $18 million debt investment in Timothy's Coffees of the World Inc. ("Timothy's"), an affiliated portfolio company of Sun Capital Partners, Inc. ("Sun Capital"). The terms of Penfund's investment were not disclosed. "Penfund is proud...
Articles 2008-08-18
Thorium Power Taps Nuclear Industry Veterans for Senior Management Team
Thorium Power, Ltd. (OTCBB: THPW), the leadingdeveloper of non-proliferative nuclear fuel technology and a key providerof comprehensive advisory services, today announced the appointment of twonew members to its senior management team. Kevin Yessian will serve asThorium Power's Vice President for Consulting Services while Linda Byuswill be an Advisor on Investment...
Articles 2008-08-18
Deseret Health Group to Take Quality of Care to New Levels by Deploying Voice-Assisted Care Across Its 11-Facility Enterprise
Productivity improvements with voice-assisted care to direct more time to resident care and drive operating efficiency PITTSBURGH, Aug. 18 /PRNewswire/ -- Vocollect Healthcare Systems, Inc. announces that Deseret Health Group, with corporate headquarters in Centerville, Utah, is deploying AccuNurseR voice-assisted care in all 11 of its skilled...
Articles 2008-08-18
Franklin Universal Trust Declares Monthly Dividend
SAN MATEO, Calif. -- Franklin Universal Trust (NYSE:FT), a closed-end investment company managed by Franklin Advisers, Inc., announced today a dividend of $0.038 per share, payable September 15, 2008, to shareholders of record on August 29, 2008 (Ex-Dividend Date: August 27, 2008). Franklin Advisers, Inc. is a wholly...
Articles 2008-08-18
Thorium Power Taps Nuclear Industry Veterans for Senior Management Team
Yessian and Byus Join Company as Key Advisors MCLEAN, Va. -- Thorium Power, Ltd. (OTCBB:THPW), the leading developer of non-proliferative nuclear fuel technology and a key provider of comprehensive advisory services, today announced the appointment of two new members to its senior management team. Kevin Yessian will serve...
Articles 2008-08-18
Southwest Securities Builds Sales Team
Sales Representatives Join Clearing Services Division DALLAS, Aug. 18 /PRNewswire/ -- Southwest Securities has expanded its Clearing Services division, adding four sales representatives. Michael Dunne, Dan Nordvedt and John Duffy will develop new correspondent relationships for Southwest Securities with Broker-Dealers and Registered Investment Advisors. ...
Articles 2008-08-18
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