by Chris Reich | Oct 4, 2012 | General Business
There is a presidential debate tonight. This is an excellent opportunity to do some market research. You will notice that people will hear what they want to hear. Answers will be manipulated to fit what each person already believes and the perceived winner will be the...
by Chris Reich | Sep 26, 2012 | General Business
When you must get tough with your talent, be it from their fault or not (pay cuts due to business slow down), give the road map back to good standing or you destroy morale.These are indeed hard times. Most entities are suffering budget cuts. Management looks at poor...
by Chris Reich | Sep 4, 2012 | General Business
The term “The Tragedy of the Commons” refers to a dilemma of limited resource sharing. It’s very important to our heavily populated world and crucially important to your business during an economic downturn.When many people have access to a limited...
by Chris Reich | Sep 3, 2012 | Fun at Work
Has it stopped being fun at work? When that happens it is a lot more serious than managers/owners realize. It’s a dangerous condition that leads to lower production, morale issues, quality issues, customer issues and a talent drain.So, you still don’t care...
by Chris Reich | Aug 5, 2012 | General Business
Sunk costs. During a slow down, many businesses will cling to sunk costs and refuse to see the wisdom of bailing water! A sunk cost is money spent—it’s gone, it’s sunk into something. Let’s say you get the idea that red baseball caps are sure...
