I’ve been very busy lately, and consequently lagging on my writing. I have several drafts that are taking more time to come together than anticipated. That being said, a distraction for me is staying current on some great conversations around entrepreneurs. This post came across my desk, and I thought it should be shared. Maria [...]
Economic signals are telling us that the worse is over and we are pulling out of the recession. Before we forget the pain, I’m curious if there was any lessons learned that we’ll take with us as the economy starts to prosper?
Make those critical connections – Get to know the people now that can help [...]
From the July 2009 issue of FastCompany Magazine came Adam Werbach’s list of Nature’s 10 Simple Rules for Business. I thought they were worth repeating.
From the emerging fields of biomechanics and biomimicry, scientists are decoding rules that businesses can apply so they become as hardy and long lasting as a forest. Nature, after all, has [...]
A recent post by Seth Godin complaining (very insightfully) about dashboards got me thinking because so much of what I do involves helping clients understand their performance, and lot of times that means developing dashboards. A typical scenario is that they want this tool to be the Mazerati of tracking, so they want every conceivable [...]
I grew up in the Midwest, tornado country and we always had a plan, at school we trained by getting in the hall way, moving away from windows and making ourselves as small as possible. At home we knew where the candles, and emergency supplies were kept and the safest room in the house. Living [...]
The Small Business Administration (SBA) just released their report to the President on the state of the small business economy -
Topics include, in no specific order:
employer firms and employment by firm size and industry
business turnover by State and select territories
macroeconomic indicators
common stock IPO offerings
link between internal finance and small firm growth
disbursement of capital pool in [...]
Ever hear of a Pareto principle? Maybe the 80/20 rule? Chances are the second one rings a bell, although it is just another way of describing the same thing. This is the rule that states that 80% of the problems is caused by 20% of the issues, 80% of the sales are made by 20% of the [...]
Many managers, when considering risk focus only on defining the risk. A better measure adds some complexity, but offers greater insight includes impact (cost), likelihood, and timing.
4 points to consider:
1. Define the risk2. Quantify the risk3. Establish the likelihood4. Determine the timing the risk
By quantifying and establishing the likelihood for the risk, the manager [...]
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