Last year, I was traveling between St. Louis. MO and St. Paul, MN. I looked at the screen on the back of the seat in front of me and learned that I was somewhere off the coast of Africa. In fact, …
Many might be surprised that the title of this article is written in the past tense while we are still in the midst of crisis. That’s intentional for not one, but two reasons. First, the time to prepare for a …
Do you have some slack capacity? No person, system, or machine can run at 100% for an extended period of time. With that in mind, it’s important to operate in a manner incorporates some down time. For machines and systems, …
Whenever someone tells me something costs too much, I ask: “Compared to what?” Lately, I’ve had more than a few clients bemoan the cost of a possible solution. While it’s certainly appropriate to ask about costs my concern is in …
Most CEOs I know want their company to grow. It’s a measure of success. But I often ask if they’ve thought about whether they are properly positioned to grow. The following are basic prerequisites to growth. Capital: In order to …
How much? It’s an inevitable question that nearly everyone asks during the buying process for most items. Sure, there are exceptions. You might not ask how much the cup of coffee is because it’s posted on the wall or you …
After my softer, gentler message last month, as promised I am returning to the more traditional focus on finance, cash flow and business performance. It is a well-known fact (if you don’t believe me, check Google) that people are often …
Are you picking up early warning signals about the health of your business? That’s what RADAR (RAdio Detection And Ranging) does. It picks up signals long before something is close enough to do harm. If no one is paying attention, …
Most have heard the old saying, “Easy come, easy go” and that may be true for some things, but it’s certainly not true when it comes to debt. When it comes to debt, the saying should be “easy come, not …
I just returned from my annual ski vacation in Vail, Colorado. Getting significant ski time in only once a year does little to help me significantly develop my skiing ability. While my style is greatly improved from years ago and …
