I executive tips 111111 ■■■1 Ups, Downs On Lifecycle I s it hard to raise an can occur, however. adolescent or harder In my first article, July 12, to take care of an I shared insights into the key aging parent? These are talents that any successful not family questions, but executive brings to the table: rather questions about the producer, the adminis- your business and what trator, the entrepreneur and stage in the lifecycle the the integrator. Or we can business truly is in. remember PAEI, for short. Over the next few What becomes key is what F. Kevin Browett months, we will explore the I would define as, "Should Colum n i st many aspects and layers we manage using a capital P that define the cycles that or small p, or what combina- any and every business goes through. tion?" It is all about using the right skill These cycles can range from infancy to set and leadership at the right stage, adolescent to prime and even such key for your company or business. It's no phases as go-go and premature aging. different from understanding that how We can diagnose and then treat the one coaches or teaches a 3-year-old is cycle just as we as parents sometimes not the same as for a 4-year-old. need to recognize the age and the cycle In future articles, we will define each of behaviors we all see and experience of these factors, from infancy to prime. when helping our children grow and We'll look at what to look for and how learn and fall and get up again. The to better manage and address these as same holds true in business and the one works to change and grow with cycles that come about. changing economic impacts and corn- Knowing what and where you are on pany growth — or lack of growth. the business lifecycle often means life In each case, we will explore the or death, growth or failure as we will stage, then what is normal and what soon learn. is abnormal in that phase. We will add The Adizes writings help us realize in PAEI and what are the right skills to that it is not the age of an organiza- handle each phase — to fix, solve or tion, but rather the lifecycle phase it is hopefully grow your business! in that makes a difference (Corporate The goal? To better understand and Lifecycles: Why Organizations Grow then take the right action at the right And Die And What To Do About It, time to address these issues; and, in Paramus, N.J., Prentice Hall 1989, Dr. some cases, to realize that one needs a Ichak Adizes). change in people or their expertise to Looking at Enron, which had been handle a given phase. Or to realize that around for many years, one would what we, as business leaders, may need have diagnosed that it was in the go-go to change or adapt to handle the cur- phase and had all the bad symptoms of rent phase and help lead the business go-go. A proper diagnosis would have through to a new and growing trend. led to fixing the problems before it was Otherwise, we could be doomed to too late. failure. Just as a child or youth goes through what we often will describe as phases, F Kevin Browett is COO of Jewish so do companies and their manage- Renaissance Media, parent company of the ment teams. The key is that there are Detroit Jewish News. He is a former vice normal signs and symptoms of each president at Troy-based Kmart Corp. and a cycle; abnormal and destructive factors past small-business founder and officer. e_/fietZe NEVI CHOP Milli c 9 restaurants with an array of fine dining, casual and deli style to serve you Michigan's largest privately owned caterer with 5 SHIRAZ varieties of facilities accommodating every type of event from small gather- ings to several hundred guests – including kosher catering • Gourmet carry-out for working lunches delivery available Deli Deli West Bloomfield Bloomfield Hills att THE CENTER RESTAURANT GROUP COMPUTER CONFUSION? SHIR 9A • Computer Repairs — Upgrades — Replacements • Infections Treated — Antivirus — CounterSpy • Cable/DSL Internet Connection Sharing • EBAY, Yahoo, Stocks and AOL • Computer Purchase Consulting • Training and Installation • Wireless and Wired Networking Help iPod and iTunes Support HOTCL BARONETTE KINGSLEY HOTEL 248.6+6.o370 The Computer Person, LLC • 248-655-9010 cupportoPthecomputerperson.net 1207070 WWW.MATTPRENTICERG.COM August 9 • 2007 35