Always K.I.S.S.

So I am sure that you have all heard of K.I.S.S. (Keep It Simple Stupid) Well I would like to talk to you about the importance of that. I know the concept has been around for a while but people often do not apply it. It is especially useful when trying to [...]

Somebody Skipped The Ethics Meeting

 
So obviously some people at Deutsche Telekom skipped the meeting on ethics, as the NY Times reports.  The phone giant tracked THOUSANDS of phone calls to identify the source of internal media leaks.  In a case very similar to to that of Hewlett Packard’s, “severe and far-reaching” abuse of private data between board members and the [...]

When To Spin

 
So I talk about honesty and ethics but obviously as a business you can’t be brutally honest all the time so the question becomes, “When do I spin?”  Spinning the message can be a tricky thing.  Unfortunately it is most often used negatively, but can be used positively, such as in the Public Relations field.  Well in [...]

Want New Talent? Think Green.

 
So there is a new generation of talent among the business populous.  Fresh talent.  Sharp talent.  GREEN talent.  No, by green I don’t mean rookie, I mean environmentally green.  As global warming and the economy become bigger and bigger issues, college graduates are demanding change.  In fact, many MBA graduates are saying that they would [...]

When do YOU cut your losses?

In the declining economy everyone is cleaning out inefficient workers.  Where do you cut your losses?  Do you wait until they lose you money for a month?  A year?  Well internet shoe giant Zappos  has implemented a revolutionary policy.  They cut the slack before they even finish training.  Ok, so what, big deal, a lot of [...]

What To Do?

 
So we all have thought about it before; what would happen if we were injured to the point it affected daily life?  Will I just hop right back into the swing of things?  Now if you are like me you have gone through this at least once in your life but what about when it [...]

Knowledge is Power

 
So I am sure you have all heard the saying knowledge is power.  Well today I came across a website that is pretty powerful.  Welcome to QuickMBA, your online database for all you need to refresh your memory on those night classes.  Can’t remember the seven habits of highly effective managers?  They have it.  Can’t [...]

Good Enough Is Gonna Win

 
So I read an interesting article on the Harvard Business website called The Wonders of Good Enough.  It talks about how Pure Digital Technologies has excelled by making a camcorder that is just “good enough.”  In my post about pricing policy I talked about the middle ground being dangerous and in order to survive you must go low.  This [...]

Bottled Waste

 
Waste.  Water.  Two similar words with very different meaning, right?  Wrong.  Bottled water is one of the biggest waste factors contributing to not only global warming but the slump of our economy.  Every year Americans alone spend over $15 billion dollars on bottled water.  $15 BILLION!!!! (If you want to read more about the the [...]

Pricing Policy, To Go Up Or Down?

 
So as we enter a sustained period of inflationary price pressures how do we adjust prices accordingly?  There are three things to remember and focus on when setting prices:
 
(1) You may need to re-consider the viability of your business’s market position.
(2) In this new era, you will need to manage your prices more aggressively than ever or [...]