No matter whether I am talking with the former chairman of Merck & Company, a family run company of tens to hundreds of millions of dollars in sales, or the 2-4 founders of a new tech startup, the importance of setting and maintaining the right culture comes up. It, literally, is the foundation of every company. Culture has seven parts to it that pervade and infuse a company. It is not just a few words that . . .
The pessimists I know all proclaim, “I’m not a pessimist, I’m a realist!” Really? If perception is reality, then they must be right. . . . The Oregon Story Board is a non-profit at the forefront of training students to be able to use the HoloLens for educational purposes.
Climb the ladder to success. Go faster by taking the escalator. Create your elevator pitch. Cross the chasm. Virtuous cycles spiral upwards while vicious cycles spiral downwards. What goes up must come down! Cliches, metaphors, and more that play out every day in business. How do you do the right things for your business?
Going around in circles and getting dizzy is great fun at the fairgrounds. Children, in particular love the feeling of being pressed into their seat with the safety of a cable holding them in place. Adults in business don’t feel the same when they are forced to run around in circles with
I find myself anxiously waiting for the popup ads on a website to allow me to skip to the information I really want. Five seconds seems like an eternity to me at that point. I also am willing to pay for commercial free versions of apps for my iPhone. I don’t want to be trying to concentrate on a 30 point word in just the right place in Words with Friends and be distracted by some flashing image for a product I’ve already purchased and no longer need. I also am willing to pay for
Here it is May Day to celebrate turning the corner to summer and honoring the worker. Instead, a ship has sunk and people are out of jobs. The Risk of Disruption is one of 7 Forces affecting all businesses. Address it and the others; align them to move your business forward. It’s also National Small Business Week. Read about two small businesses weathering storms and working their sails (oops, I meant sales.)
What drives your business? Is it driven to produce products like Rolex timepieces? Or is it driven to provide services like State Farm insurance? Knowing what drives you will help you focus your efforts, prioritizing your time and investments and more.
Are you driven to succeed? Do you know how to stay focused on what works, what works well and avoid doing too many things mediocrely? Since 1980, Tregoe and Zimmerman have recommended nine drivers for a company. Stray too far, and you’ll be going the wrong way down a one-way street.
Demographers, using broad brush strokes, are painting pictures of different generations that are, basically, stereotypes. That can lead to prejudice. Further, it does not account for the immigrant nature of our country or how to deal with people globally. We are all individuals. Learn about the 7 Elements of Culture for Business and seek to know the individual.
If you want to fetch 6X seller discretionary cash flow from your business, rather than 2X, start now to reinvest in your business. Grow it now. Don’t just talk about it, do it.