top of page
Investment Banking | Strategy and Communications
Search


The CEO Whisperer: Why the Best Leaders Have a Thinking Partner Nobody Knows About
There is a category of advisor that doesn't have a clean name in the business world. Not a coach. Not a consultant. Not a therapist. Not a mentor in the traditional sense. Something more like an intellectual interlocutor — a person with enough range, enough credibility, and enough honesty to be useful in the conversations that matter most and are hardest to have. The best leaders I've worked with and observed have had at least one person like this in their lives. Often nobody

MG
Mar 34 min read


Change Management During a Transaction: The Internal Story Nobody Tells
Every transaction has two narratives running simultaneously. The external one — the story told to investors, buyers, the press, the market — gets enormous attention. The internal one — what leadership tells the organization, when, and how — gets almost none. This is a mistake with real costs. Key employees leave during deal processes. Integration failures begin before the documents are signed. Culture damage that takes years to repair starts in the silence between announcemen

MG
Mar 34 min read


Org Design for Growth-Stage Companies: When to Restructure and Who to Cut
Growth creates organizational debt. The structure that worked at 10 people doesn't work at 40. The roles that made sense when you were figuring out the product become constraints when you need to scale the business. And the people who were right for one stage of the company are sometimes wrong for the next. Nobody likes talking about this. But the founders who manage organizational transitions well — who make these decisions deliberately rather than reactively — build more du

MG
Mar 34 min read
What can mixing a hit record teach us about corporate strategy?
Last week I had the pleasure of meeting Bob Clearmountain at the AES show in New York. The art of record mixing, particularly from...

MG
Oct 30, 20232 min read


Eight Billion
The world population has just reached an estimated eight billion people. The relationship between economic growth and population growth is a

MG
Nov 16, 20221 min read


SaaS Thoughts (October)
aaas layoffs, demand, b2b, venture-backed, venture capital, competition, Michael porter, profit, federal reserve, saas, salesforce

MG
Oct 31, 20221 min read


Doubling Your Bottom Line with an 'Intentional Culture'
"Culture is how you get things done" says Bill Higgs, founder of Mustang Engineering, one of the 500 fastest growing companies in...

MG
Sep 5, 20201 min read
The 2021 Peak: A Case Study in Speculative Excess
The peak of the 2020 to 2021 speculative cycle will be studied in future editions of Kindleberger the way the South Sea Bubble and the dot-com peak are studied in current ones: as a unusually well-documented case of euphoria, where the evidence of excess is preserved in SPAC prospectuses, venture term sheets, crypto white papers, and the social media commentary of the participants in real time. What made 2021 unusual, even by the standards of speculative manias, was the simul
Mar 63 min read
Kindleberger's Anatomy of a Bubble: A Field Guide for the Present Moment
Charles Kindleberger's Manias, Panics, and Crashes, first published in 1978 and updated through five editions, is the most useful book ever written about financial bubbles — not because it provides a predictive model but because it provides a diagnostic one. Kindleberger, drawing on Minsky's theoretical framework and his own deep knowledge of financial history, described the anatomy of a speculative mania with enough precision that subsequent bubbles can be mapped onto his sc
Mar 63 min read
Minsky Was Right: The Financial Instability Hypothesis and Why Stability Is Destabilizing
Hyman Minsky spent most of his career at Washington University in St. Louis largely ignored by mainstream economics, which had concluded — with the confidence that precedes most large intellectual mistakes — that financial markets were self-stabilizing and that the business cycle had been tamed. Minsky argued the opposite: that financial stability is itself destabilizing, that the longer a period of economic calm persists the more fragile the financial system becomes, and tha
Mar 63 min read
Ithron | Medium
Ithron | Twitter
bottom of page