It Takes A System To Beat The System

“The head bone’s connected to the back bone, the back bone’s connected to the leg bone….” The old song reminds us that the human body is a system. While the parts are marvelous individual creations, they are of little value unless...

Planning For Profits

Success was earned by doing, so the natural tendency is to keep on doing. Why change? One reason might be because the opportunities that gave rise to your initial success may change. Other opportunities, better yet, may develop. Typically, the managers of closely held...

Personnel Management In The Smaller Firm

Big business must take advantage of its “bigness” to be successful. Big business is capital intensive, has greater market shares, and enjoys economies of scale. Small business must also capitalize on its inherent size advantages. Small businesses are...

A Guide For The New Year

At the start of the New Year, it’s traditional to pass along some wisdom that, if followed, will improve your fortunes in the days ahead. To that end, I want to suggest a management principle, that is not always easy to follow, but that will serve you well when...

When Nobody’s In Charge Up Front

It was early in the day, just past 7 AM, and most of the people gathered in the lobby appeared to be waiting for a morning meeting. It was impossible, however, for the small gathering not to become interested in the discussion taking place at the hotel’s front...