Kraft Heinz Failure And The Lessons Of Cost Cutting
The Kraft Heinz failure showcases the dangers of over focus on cost cutting. The business paradox that maximizing profits every single minute... Read More
Cost of Feeling Busy about Our Business
Posted on26 May 2014
Tagsprofitability, productivity, feelings, effectiveness, business, rationale, bees, subconscious, self-interest
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A friend once pointed out that business is derived from the work “busy,” not from words such as “produce” or “profit.”. Since... Read More
Business Profitability Paradox Revisited
Posted on02 Apr 2012
Tagsprofitability, business, Costco, organizational culture, customer service, customers, employees, Mercadona, MIT Sloan School of Management, Quik Trip, retailing, returns, The New Yorker, Trader Joe's, training, Zeynop Ton
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In the March 26, 2012 edition of The New Yorker, I ran across the article, “The More the Merrier”, which sited the... Read More
Reinvent the Wheel & Prosper!
How many times have you heard, “Don’t reinvent the wheel”? Why is it then that the U.S. Patent and Trademark Office (USPTO)... Read More
YinYang as Problem-solving Methodology
Posted on09 Feb 2012
Tagsarbitrariness, best practices, change, conditionality, differentiation, flexibility, focus, glass, investment, negative reinforcement, positive reinforcement, problem solving, process, profitability, resistance to change, situational awareness, symbolism, Taijitu, YinYang
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YinYang, as expressed by the Taijitu symbol, has helped me solve many problems. The two major components represent the two major opposing... Read More
Cooperation vs. Competition on the Business-to-Business Level
Posted on23 May 2011
Tagscompetition, Roman, profitability, perspective, law, gladiators, freedom, free market, cooperation, business
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A person who direct messaged me on Twitter suggested I address cooperation and competition on the business-to-business level (B2B). Which is more... Read More
The Success of Failure and the Failure of Success
Posted on16 Sep 2010
Tagsobjective, feelings, flexibility, gain, history, intuition, joy, learn, legitimate, lesson, logic, mistakes, fear, organization, pain, perspective, Peter M. Madsen, planning, profitability, rationale, success, The Economist, Vinit Desai, Academy of Management Journal, anticipatory, decisions, emotions, employees, experience, failure
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How many times have we heard, “Nothing breeds success like success?” In a study of the orbital launch vehicle industry by Peter... Read More
Business Profitability Paradox
Posted on02 Sep 2010
Tagsarbitrariness, business, exercise, expenditures, investment, problem solving, profitability, time, training
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Here is a valuable problem-solving question: How can a business maximize its profit every single minute of the day and still go... Read More
