Integration Ain’t Easy

Integration is where most projects and companies fail. Whether it’s an M&A deal failing to live up to its promises of efficiency synergies or an endlessly-delayed project to integrate a key piece of technology, the main execution challenges reside in the integration of pieces, not in the creation of the units. In the software world of multi-tiered systems, project management generally has an inocuous line called “back-end integration”, when in fact it is the most costly and risky piece of all. What I like to stress to people is that the words “back end integration” seem pretty harmless, and only Read More …

The difference between a CEO and a COO

The difference between a CEO and a COO is surprisingly easy to understand, but it is also surprisingly misunderstood by too many entrepreneurs who start as CEOs and devolve to COO roles. At Leap Ventures we have had to explain these roles enough times that I feel compelled to write about it, in the hope that we can simply point to this post in the future. So what is a CEO, how does she differ from a COO, and where’s the problem? A CEO does what he wants to do. A COO does what he has to do. — HervĂ© Read More …