The Greek Parliament has just passed two laws that will enact the stringent reforms that its creditors have demanded. This has now paved the way for them to request a three-year bailout package worth up to 86 billion Euros. While Greece previously wanted to avoid any further involvement by the IMF…

When Abraham Lincoln accepted his nomination for state senator of Illinois back in 1858, he famously said, “A house divided against itself cannot stand.” While Lincoln was referring to the situation with slavery that was ripping the United States apart at the time, his words ring true for…

Martin Feldstein is currently an economics professor at Harvard and was formerly the chief economic advisor to President Ronald Reagan. In addition to his long list of achievements, Feldstein has been arguing against the creation of the European Union long before it ever happened. In an article that…

The Greek people have just voted convincingly to reject the austerity package proposed by the leaders of the European Union. Their logic is that they want to be the ones who decide what spending cuts to make and by how much. On the flip side, the E.U. has been shoveling money and restructuring deals…

It was just announced that Greece failed to strike a deal with its international lenders to secure badly needed funding. As a result, capital controls will be put into place and Greek banks will be shut this week. While Greece continues to dominate the headlines, it is really just a symptom of a…

I established the Leadership Litmus Test to identify the key attributes that great business leaders must have to be successful. For the past ten weeks, I have given out awards to CEOs that best exemplify each of these important qualities. A summary of these awards is the following: Honesty: Stephen…

Abraham Lincoln was well known for his sense of humor. During the famous Lincoln-Douglas debates, when Douglas accused Lincoln of being two faced he replied, “Honestly, if I were two-faced, would I be showing you this one?” Lincoln was not the most attractive man and his ability to laugh about…

Rather than hand out an award for delegation, I have chosen to create one for talent management instead. Companies of all sizes have always faced the tough challenge of attracting, developing, and retaining talent. Today, talent development has reached a whole new level, as successful business…

It is not a secret to most people that Nike and Adidas dominate the global athletic footwear and apparel space. What is a secret for most people is that Under Armour is rapidly building its global brand through creativity and innovation and steadily taking market share away from both Nike and…

Brazilian born Carlos Brito is the CEO of AB Inbev and has played a significant role in the transformation of the entire global beer industry. Some say Brito looks like he works in a hardware store, as he likes to wear jeans with his shirt tucked in. He is a no frills guy who does not believe in…