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Tag: Business

The Thing About Risks

March 29, 2017 0 Comments
The Thing About Risks

Business is a risk. The trick is to figure out how to measure the risk. Then to do what we can to mitigate the risk. And finally to decide if the return on the investment (ROI) for taking the risk is positive in our minds. Insurance companies are, of course, in the business of doing […]

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The Business of Business

August 10, 2016 0 Comments
The Business of Business

Herb Kelleher, the beloved longtime CEO of Southwest Airlines, said, “The business of business is people. Yesterday, today and forever.” I buy that statement. Employees, leadership teams, boards, customers, suppliers—all the stakeholders comprise people. At least for now! It is hard to see how any business organization can do well, let alone thrive, if they […]

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Misleading Analogies

July 22, 2015 0 Comments
Misleading Analogies

Well-made analogies can be quite useful, informative and enlightening. Or, they can be ill formed and/or carried too far. Here’s a definition: a·nal·o·gy: a comparison between two things, typically on the basis of their structure and for the purpose of explanation or clarification. Seems straight forward enough. I like analogies and use them often. But […]

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The Trouble With Answers

May 20, 2015 0 Comments
The Trouble With Answers

The trouble with answers is that they almost always close off any other possibilities. I usually have answers — especially when I’m not “on my game.” If I don’t, I work hard to derive them from the problem space. I often get frustrated if I can’t find an answer to a question. But when I’m on […]

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What Leadership and Traffic Share

November 12, 2014 0 Comments
What Leadership and Traffic Share

In a recent Wall St. Journal podcast, the reporter was explaining how difficult it is to understand traffic flow. The engineers who study traffic patterns explain that the impatient drivers who change lanes frequently, wait to the last minute to get in or out of an exit or carpool lane and who insist on not […]

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Slightly More Than A Business

October 8, 2014
Slightly More Than A Business

There are a lot of words spoken, ink spilled and brain cycles expended on the concept of culture in a business. The topic is important because, as we all know, culture trumps procedures every time. It doesn’t matter what the Policy and Procedure manuals say, people do what is expected by and acceptable in the […]

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Book Review: Big Bang Disruption by Larry Downes and Paul Nunes

June 29, 2014
Book Review: Big Bang Disruption by Larry Downes and Paul Nunes

In case you have somehow missed the prevalent message of the day, this book is the latest addition to all the “reasons why” our business models and leadership training must change. According to Downes and Nunes, “Thanks to dramatic changes in the core economics of innovation in general, every industry is now at risk from […]

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Denying the Obesity Data

February 19, 2014
Denying the Obesity Data

I’ll call him “Bill.” He is a good friend, a wise mentor and an all around great guy. I listen carefully when Bill speaks. Recently, we’ve traded a few emails on the general topic of politics, economy and business. What I love about our “conversation,” electronic though it is, is that we are not trying […]

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Are You Paying Attention?

January 15, 2014
Are You Paying Attention?

I know – you’re busy. Things are popping in your business. Customers are becoming more demanding. Orders are filling the factory and your sales team has a decent pipeline going. You’re thinking about maybe even hiring a couple of really good people. Guess what. The same is true of many of your competitors. Things are […]

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Science and Business

December 18, 2013
Science and Business

The word “science” comes from the Latin word scientia, meaning “knowledge.” Like so many things these days, this word can be divisive in some circles and contexts. I will stay away from the political discussion and stick to that with which I am most comfortable; and that is the business of business. Business has always […]

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