Econ Recon

A Strange and Powerful Truth:  Alan and Brian Beaulieu of ITR Economics in a short but important blog entry dispel some nonsense about declining American incomes…and issue a warning about the consequences for CEOs of rising ones.  Find out what they have to say about Managing Your Labor Costs. Take a Hike:   Economist Brian Wesbury… [Continue Reading]

Got Peers?

If you’re reading this  and have not availed yourself of membership in Vistage or other C-Level Peer Group,  take a few minutes for an overview of peer power by a man who literally wrote the book on the subject.   Leo Bottary, author of  “The Power of Peers” was recently interviewed on a major Midwest radio… [Continue Reading]

I, Pencil

Those who are concerned that China’s economy will surpass ours should consider the following “required reading.” China just announced to great fanfare that after years of effort and millions in investment, it has managed to produce… a ballpoint pen! (This was accomplished in the US about 80 years ago).  Before you read on, check out… [Continue Reading]

Do the Exit Interview FIRST

Most CEOs know that job tenure is far less today than the “lifetime employment” of generations past;  but if so, why not find out what the prospect intends to do AFTER they leave your employment.  That’s what LinkedIn’s head of recruiting was challenged to do by his CEO.  Maybe you should too.  Check out this short… [Continue Reading]

Walt Disney – His First Vision and His Future Vision

The year 2016 will mark the 50th anniversary of Walt Disney’s passing (that makes a boomer feel old!).   After his death, several CEOs tried various departures from Disney’s original vision.   In recent years, the company has returned to its roots of focusing on great content in general, and superb storytelling in particular.     Walt not only intended… [Continue Reading]

Salary Equalization: Is It The Correct Decision?

It’s often said that the “road to Hell is paved with good intentions.”  This past week, a young CEO, Dan Price, who founded Gravity Payments, a credit card payments processing firm, cut his pay from $1,000,000 to $70,000 and raised the pay of ALL employees making less than $70,000 to that level. We hear a… [Continue Reading]

“Disruption”: Dumb Luck or Deep Understanding?

We often think of “disruption” as belonging to the realm of startups or big, but innovative and relatively young companies like Google or Apple.  Is it luck…is it art… or is it science?.   One really old, really large company that makes many products you use every day knows that disruption upon occasion can be due… [Continue Reading]

Knowing something does nothing…Doing something does

I was relaxing on my vacation last week and reading a book by Brene Brown – Daring Greatly.  It was a good read and I highly recommend it for those who want to grow their leadership skills. One of those ‘light goes off’ moments was when she discussed (as a leader), the difference between a business architect… [Continue Reading]

Quit Like a Winner

We’ve all been taught that “quitters never win and winners never quit.”    This time worn wisdom sounds great but may not be true according marketing guru Seth Godin who asserts that Winners do quit, and quitters do win. Life  is about making choices because you can’t try everything.  Godin advises that knowing what not to pick and… [Continue Reading]

Ten Worst Business Decisions of All Time

Anyone can learn from their own mistakes.  It takes a smart person to learn from someone else’s mistakes.  To that end , here are the “Ten Worst Business Decisions of All Time” according to two Australians who offer a collection of videos about 10 Best or 10 Worst lists on a number of topics. It… [Continue Reading]