Improve and optimize the ongoing recurring processes that run your business.
~~In this morning’s Wall Street Journal, writer Ben Fritz talks about Disney’s ability to turn movie hits into “Profits Ever After.” Each movie mega hit becomes its’ own franchise, with a dedicated team focused on turning that movie hit into successful and profitable rides, toys, clothes, video games and more. In the advertising business, we […]
Does Your Company Have Legs? Read More »
Holidays are great but after a long weekend it is hard to get back into the rhythm of doing business. If you planned ahead then you probably have a list of things to tackle. But, in case you did not here are a few things that you might want to consider while you are fresh
Rev Up After the Holiday Weekend Read More »
The more you gain the more you have to lose. This fact often pressures leaders into spending more time defending their positions than they do in listening to new ideas. The one word every leader should avoid is, “But…” The word “but” signals that your brain has quickly conjured up reasons for not taking a
The One Word Every Leader Should Avoid Read More »
I really like Dilbert— Scott Adams’ dry take on the ins and outs of corporate life always makes me laugh. Not long ago Adams did a series on mentoring, where engineer Wally seeks out the company’s CEO and asks him to be his mentor. “Yes I will!” the CEO replies. “You are wise to ask
Networking Inside the Office: How to Secure the Right Mentor Read More »
There is a new trend of employee scheduling that is sweeping through various industries at the present time. That is the practice of Just-in-Time scheduling. It is particularly concentrated in restaurants, hotels, and retail outlets, but will probably be spreading to other industries soon. The premise of this practice is that it supposedly allows these
In the Nick of Time? Read More »
The strategic planning review meeting started on a downbeat note. “We just lost Acme, our biggest customer. How could this happen?” Fred, the CEO of what I’ll call Precision Manufacturing, was more sad than angry. “Acme always gave us a positive review in our annual survey. We visit them at least monthly. How could this
How to Lose a Loyal Customer Read More »
We’ve all heard the doom and gloom statistics about mergers and acquisition. Even those that don’t move the financials to the wrong side of zero often fail to delight shareholders and stakeholders. Poor evaluation procedures take part of the blame—but only part. A failure to carefully plan for the integration has some culpability too. In
The Art of M & A Integration Read More »
~~I was recently asked a common question during a Q&A. “What is a brand?” Believe it or not, I get asked this question all the time, simply because the word “brand” carries with it many different definitions. Depending on what one does for a living, what they’ve heard, what they’ve learned, or how they perceive
What is a BRAND? by Scott Deming Read More »
~~Getting Great People and Keeping Them are Two Very Different Things Part of the formula for a vibrant and sustainable culture is hiring inspired and talented people. But, it’s not enough for you to bring people on board who share your values and your purpose. You need to keep these people on board. In most
How to Attract and Keep Great Employees Read More »
Gary C. Smith, President & CEO, NAEIR If yours is like many companies, you’ve got pallets of excess inventory taking up valuable warehouse space and putting a drag on your bottom line. The good news is, there’s a smart, easy way to turn that slow moving inventory into a hefty asset. One that doesn’t involve
Out with the Old…in with the Tax Deduction Read More »
