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  • GameStop Stock Frenzy: A Lesson in Contingency Planning GameStop Stock Frenzy: A Lesson in Contingency Planning

    GameStop Stock Frenzy: A Lesson in Contingency Planning

GameStop Stock Frenzy: A Lesson in Contingency Planning

The GameStop stock frenzy seemed like a flash-in-the-pan but then, last week, it was reinvigorated.  What Lessons Found can business owners and CEOs gain from it?

“ was the week when a bunch of amateur traders made Wall Street’s finest look like idiots.”  This is the opening sentence for one report on GameStop’s stock 500% runup.  By now, we have all heard this tale and its consequences including billions lost; a rushed investment to save Robin Hood; Robin Hood’s freezing trades of the stock and the call for congressional hearings.  The resulting panic and lack of a coordinated response indicate that few considered the possibility of a social media driven stock run – let alone how to address it.  But should regulators, Robin Hood, and hedge funds caught-short been better prepared? (more…)

  • Clarifying the road ahead for CEOs & Owners Clarifying the road ahead for CEOs & Owners

    Clarifying the road ahead for CEOs & Owners

Clarifying the road ahead for CEOs & Owners

When you get into your car on frigid winter mornings, the warmth of your breath fogs the windshield.  That fogged windshield offers us a Lesson Found on the current business environment.

A few months after she bought it, I was driving my mother’s new car.  I was distressed because I couldn’t clearly see out of the windshield.  Everything seemed foggy. Then I turned in the direction of the rising sun and couldn’t see anything. (more…)

  • Family Businesses: The Benefits & Traps Family Businesses: The Benefits & Traps

    Family Businesses: The Benefits & Traps

Family Businesses: The Benefits & Traps

How an iconic Chicago deli handled the onset of the pandemic offers an important Lesson Found about family businesses.

A recent radio story made me crave a visit to Manny’s Cafeteria & Delicatessen to enjoy mouthwatering sandwiches as well as to support a family business doing the right thing.  Manny’s kept their full staff of 43 on the payroll through the shutdown (and before PPP).  When asked why, owner Dan Raskin explained “They’re our families, too.” (more…)