“Despite the lack of independent directors on their boards and voting power for minority shareholders, family-run companies are still the better bet for all stakeholders as long as the founder of the firm is involved as chief executive officer or chairman. If the descendent of a founder runs the company, value is lost.”

“The pressure for greater enterprise transparency is coming from all directions. CIOs can’t resist the concept; they can only manage the execution. And they’d better do it well.”

“The Philosophy of Business considers the fundamental principles that underlie the formation and operation of a business enterprise; the nature and purpose of a business (e.g., is it primarily property or a social institution); its role in society; and the moral obligations that pertain to it.”

“Common wisdom for negotiations says itís better to wait for your opponent to make the first offer. In fact, you may win by making the first offer yourself.”

“Your business can’t market to baby boomers forever. A new demographic is emerging, and paying attention to it could benefit your business.”