Joel Trammell
Veteran CEO; CEO and Founder, Khorus
Joel Trammell is CEO of Khorus, which provides business management software for executives. He is chair emeritus of the Austin Technology Council and managing partner of private equity firm Lone Rock Technology Group. His leadership as a CEO has resulted in successful nine-figure acquisitions by two Fortune 500 companies. Trammell is also the author of the The CEO Tightrope.
Hiring
When to Hire Raw Talent vs. Job Experience
Experience is a must for some jobs, but people with raw talent offer unique benefits.
Entrepreneurs
How to Solicit Valuable Feedback From Your Board
Your board of directors can be a huge help, but only if you prompt them to provide the right type of input.
Budgets
4 Considerations at Least as Important as Not Going Over Budget
If sticking to the budget requires quashing initiative and going rigid in a dynamic business climate, it's time for a new measure of success.
Acquisitions
4 Ways to Develop a Better Exit Strategy
Build a great business first. The rest will follow.
Competition
Enemy Mine: Rethink Your Approach to the Competition
Many entrepreneurs are not thinking enough about their potential competition. Survival depends upon keeping your "enemies" close.
Business Optimization
Balance Growth vs. Profitability With These 4 Tips
CEOs must know whether they are prioritizing growth or profitability and manage accordingly.
Leadership
Why a CEO's Credibility Is More Fragile Than a Politician's Chances for Election
Business leaders are paid for results much easier to measure than the promises that get candidates elected.
Firing
Employee Management: Reward the Best, Replace the Worst
Got a non-performer in your midst? Show him, or her, the door.
Human Resources
4 Things CEOs Want From HR Leadership
What an HR executive must do to reclaim his or her rightful advisory role to the CEO.
CEOs
8 Questions to Answer Before Selecting a New CEO
Narrow down your search by understanding what the company needs.
Business Management
4 Ways to Balance Company Rules With Values
How do you keep your business flexible and efficient at the same time?
Young Entrepreneurs
5 Tips for Young CEOs Managing More Experienced Executives
It's right to respect your elders but don't forget who hired whom.
Employee Compensation
Don't Go the Way of Gravity Payments. Focus on Fairness, Balance in Salary Management.
Have an objective compensation system that lets employees focus on intrinsic rewards.
Internal Communications
Executives: Edit Your CEO-Targeted Communications to Get Better Results
Three tips for how you can provide the exact information your chief executive needs, and nothing but.
forecasting
3 Steps to a More 'Predictable' Organization
Leaders should extend forecasting beyond the sales team to stay one step ahead.