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What makes leaders effective in an environment that is rapidly changing, volatile, and unpredictable? And what makes those effective leaders get the most out of life?


There is a strange phenomenon in innovation and business growth. To make a splash in the marketplace, an entrepreneur or business must think outside the box, creating an innovative product or service that consumers demand but is not offered by existing companies. Yet, once that business finds success and cultivates a lucrative consumer base, the company is limited in how innovative it can continue to be. This is the “Legacy Trap.”


William G. Little

Chairman, Advisory Board

President and CEO, Quam-Nichols Company, Inc.

William G. Little is president and chief executive officer of Quam-Nichols Company and is chairman of the National Chamber Foundation. Little was chairman of the U.S. Chamber of Commerce from 1998-1999 and has been a Chamber director since 1994.

Little joined Quam-Nichols Company, a manufacturer of commercial and industrial audio products located in Chicago, in 1970, as distributor sales manager. Prior to joining Quam-Nichols, he spent seven years as a sales executive with the South Bend Lathe Division of Amsted Industries. He serves as a director of the Ohmite Manufacturing Co., a Skokie, IL, resistor manufacturer, and Aerovox, Inc., a New Bedford, MA, capacitor manufacturer. Little is a past two-term chairman of the Electronic Industries Association and has served as chairman of the Distributor Products Division. He has been an officer of the Electronic Industry Show Corp.  In 1981, he was inducted into the Hall of Fame of the Electronic Distributors Research Institute. Little is a graduate of the University of Missouri.