by Chris Reich | May 27, 2012 | General Business
Some businesses grade their performance on year over year, “same store”, comparisons. That means if sales are up over the previous year, taking into account the same number of production units, the business is doing well. If there are more production...
by Chris Reich | May 27, 2012 | General Business
I am taking a very interesting class from Michael Roberto. This came up recently and I thought it worth posting here. The take-away is to look closely at our thinking today to be as certain as possible that it is valid for, at least, tomorrow morning. Chris...
by Chris Reich | May 22, 2012 | General Business
You must make a business decision?Start by deciding HOW the decision will be made rather than WHAT decision you should make.Define the decision making process first, then go to work on the decision. This will save you many, many missteps in business.Chris Reich,...
by Chris Reich | Mar 8, 2012 | Rants
I had to deal with a tire blowout recently. It was an expensive tire but it was made in China. Don’t buy tires made in China.Okay, moving on. My tire failed on the freeway, in the dark, between towns and after all nearby (within 20 miles) tire shops had closed.I...
by Chris Reich | Feb 29, 2012 | General Business
I follow a well-known physics professor who will, from time to time post a “contest” for people to solve physics problems. The problems are not too difficult but are often counter intuitive. That means the answer goes against our feelings or intuition.It...
