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Creativity comes in many forms
In tough times, the extra bit of creativity could make the difference. An old man lived alone in Idaho. He wanted to spade his potato garden, but it was very…
Thrive, don't just survive, in difficult times
When a business faces difficult times such as today’s economic environment, management is almost always operating with limited resources and one of those is limited financial management expertise. The Controller…
Applying Organizational Design to Survive Difficult Times
Recent surveys indicate that as many as 70% of North American companies have made organizational restructuring as part of their plans to weather the current economic downturn. Many industries are…
Why Do Customers Leave You?
Does someone in your business ever-so-often ask, “Whatever happened to (fill in the name) and how come he doesn’t buy from us any more? Several surveys asking this same question…
The Law of Six!
Many years ago I was listening to a tape series on sales and marketing by Brian Tracy and he said something so simple yet so profound that it has stayed…
Speeding up the collection of receivables
The cash of a business is tied up, amongst other places, in its receivables and this is the easiest place for most businesses to reduce their cash requirements. If you…
It Is All About Looking in the Future
Why CEOs and Presidents Lose Their Jobs? In the August Mastermind Digest we wrote that it was important for leaders to be able to look well in the future. As…
The sky is falling – should we hide or do something about it?
Have you been reading these headlines? “Investors bail out” “A new world on Wall Street” “PM blasted on economy” “Congress urged to pass $700 billion bailout” With all its “upbeat”…
Identifying & Leveraging your Key Performance Indicators
In an article on About.com, F. John Reh defines Key Performance Indicators (KPI) as “financial and non-financial metrics used to help an organization define and measure progress toward organizational goals….
Leadership Is All About Looking in the Future – Time Span How It Applies to the Decline & Rise of Corporations
Recently Ford, GM and Chrysler suffered their worst financial losses. These auto companies have been scrambling to refit their production facilities in North America to produce smaller more gas efficient…