With all of the computing power that has been applied to business over the last 30 years, I sometimes wonder if it has produced any better information!? Yes, we have reams of data but there are times when it serves …
It’s A System . . . A business is a system. Much like a mechanical system or the human body, if one part is not working it puts pressure on all the others. If you think about your own business …
As I look back over the last several newsletters that I have written, it occurred to me that my recent focus has been on “details” . . . spending, cost controls, etc. While this is certainly important, I wanted to …
When I walk into a new organization I question every cost that crosses my desk. Why? Because it matters! Every dollar matters and experience has taught me there is a lot of waste out there! Obviously, I question the bigger …
During any given week, I get multiple requests that sound something like this: “Can we spend $2,500 on xyz?” Or, “We need to buy abc and it’s going to cost $12,000.” Well, actually, that last one isn’t technically a request; …
There was a saying during the .com boom, “Go Big or Go Home”. It meant that anything worth doing was worth doing in a big way. Hence, many of the start-up companies of the day had world domination on the …
Some years ago, I was offered an opportunity to join a well funded start-up company. As part of my due diligence I read the business plan and shared it with a trusted advisor to help me evaluate the company. We …
As we come to the end of 2007 and enter 2008, there is no better time than now to think about doing things differently in the New Year. While I am not a big fan of New Year’s Resolutions (any …
Last month, I challenged people to think about not just their actions in the work place, but more importantly, the result of what they (or their employees) were doing! This month continues on a similar theme (accountability) and suggests that …
Last month, I wrote “What Got You Here, Won’t Get You There!” and suggested that no matter the status of your business, it would take different actions to get to the next level. One frequently used management tool used to …
