“If you can’t measure it, you can’t improve it,” Peter Drucker is known to have said. The objective of measuring various performance metrics for your business is to help you determine what is working well and what needs to be improved.... Read More
d a particular approach when faced with making a quick decision. He called it the 40/70 rule. He would strive to not make a decision with less than 40% of the information needed, then ultimately make the decision when he had at most, 70% of the information.... Read More
While you are waiting for COVID to retreat into history, take the time to step back, review your business and develop ways for gaining competitive advantage by taking your business to the next level.... Read More
“As the leaders go, so go the people” is an ancient saying that is still applicable today. Leadership qualities are different for everyone. Consider adjusting yours this year.... Read More
The Information Age has allowed companies to obtain more accurate data quicker and act on it more effectively. Because of that, planning for the full year would be only part of the planning process for some businesses. Changing those plans sooner, rather than later, could be more helpful, as information becomes available.... Read More
Because of the much publicized, runaway success of young billionaires like Steve Jobs, Mark Zuckerberg, Dustin Moskovitz, Bill Gates, and Kanye West, there is a perception that youth and enthusiasm, a... Read More
There was a group of intellectuals who met regularly to discuss and critique their literary works. Eventually, two sub-groups of these individuals began meeting apart from the main group. One group wo... Read More
It starts at a young age for everyone. Children begin asking the universal question: Why? They have a huge desire to learn more in order to understand more. Their need to ask questions overrides any c... Read More
There is a saying: “There are three kinds of people; those who watch things happen, those who make things happen, and those who don’t know what’s happening.... Read More
In a recent interview, Virgin founder Richard Branson shared the primary criteria he takes into consideration when making a significant decision. While most business owners take several different appr... Read More
