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
Tagsbusiness, effectiveness, feelings, productivity, profitability, rationale, self-interest, subconscious, bees
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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
TagsMIT Sloan School of Management, Zeynop Ton, training, Trader Joe's, The New Yorker, returns, retailing, Quik Trip, profitability, Mercadona, employees, customers, customer service, organizational culture, Costco, business
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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
Tagsflexibility, YinYang, Taijitu, symbolism, situational awareness, resistance to change, profitability, process, problem solving, positive reinforcement, negative reinforcement, investment, glass, focus, differentiation, conditionality, change, best practices, arbitrariness
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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
Tagstraining, time, profitability, problem solving, investment, expenditures, exercise, business, arbitrariness
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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