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...
by Chris Reich | Aug 2, 2012 | General Business
An SEO firm called me today. I personally do not like SEO firms. Most use underhanded tricks to give a business a short-lived boost in search rankings. Some are okay. This firm “guaranteed” that they would get me more business for less advertising cost....
by Chris Reich | Aug 2, 2012 | General Business
I read an interesting article about developing Vs. managing people this morning. It tied to an interesting conversation I had with a new manager yesterday who asked me, “Is teaching them part of MY job? Shouldn’t they know how to do their job if they were...