Before Randy Nelson, 53, co-founded and ran two big companies (Orion International and NSTAR Global Services), he spent six years in the U.S. Navy, including serving as an officer on a nuclear submarine. He’s now an entrepreneur and coach in Clayton, N.C., and author of The Second Decision. He advises entrepreneurs in areas such as evaluating risk and advancing from startup phase to growing the organization.
Leaders & Managers
From the nitty gritty of daily management to addressing your aspirations of leadership, this section for leaders & managers tells you how to make strong leadership decisions, build effective teams, delegate and stay above the everyday management muddle.
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Michele Ferrero only gave one interview and kept one secret: the recipe for his hazelnut-chocolate spread, Nutella. In that one interview, though, Italy’s chocolate king revealed three other trade secrets.
When CEO Bob Diamond resigned from his post at Barclays, it sent a message to other bankers: Even the head honcho’s job isn’t safe if the company gets ensnared in an ethics scandal. Diamond, who left in 2012 over questionable actions among his bank’s traders related to manipulating interest rates, may not have realized a tenet of ethical leadership: It’s not what you’re doing that counts as much as how you’re judged in the court of public opinion.