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Lessons Learned

Lessons Learned

January 1, 2014

Succession Planning

The often-knotty problems of family businesses trying to stay that way

Bill Hickey is the third-generation head of Lapham-Hickey Steel Corp., a family-owned business based in Bedford Park, Illinois. With four family members—including children and himself—working at the 500-employee firm, next-generation leadership is the obvious next […] Read More

November 1, 2013

Hunting Black Swans

Strategic planning and risk assessment are key to handling uncertainty. Why are they not done more effectively?

 When the financial crisis hit hard in late 2008, senior executives instinctively reached for their companies’ long-term plans and risk mitigation strategies—the ones senior staff developed in allegedly rigorous, if soporific, annual forecasting and budgeting […] Read More

January 1, 2013

How to Recruit the Best

Finding and keeping talent in the metals industry

It’s not just about the money.It’s about “selling the opportunity,” says Robert Knopik, founder and president of the Leadership Search Group, an executive recruiting firm for the metals industry based in Chicago, Illinois.           Opportunity, of course, means […] Read More