by Chris Reich | Dec 31, 2010 | Business
Formula for Business Success Business = small idea Multiplied by [THINKING, HOMEPAGE, ETHICS, ORGANIZATION] (Note: THEO is Greek for “gods” or, luck, if you prefer, which you will need to succeed) divided by MANAGEMENT because Management almost always...
by Chris Reich | Dec 6, 2010 | Business
Here’s a real problem I see when businesses focus on competition—or competitors.Yes, paying attention to competition is smart. You can’t ignore competition completely. But nor should any business pay too much attention to competition. Why? Well, the...
by Chris Reich | Dec 2, 2010 | Business
When I visit your business, the first question I’m going to ask is, “where is your R&D located?”And then you’ll say, “hey, we’re not IBM or HP! We don’t even have an R&D department.. But that doesn’t mean we...
by Chris Reich | Nov 30, 2010 | Business
The administration can encourage us to think that recovery is right around the corner but I don’t believe it. I believe we are in a new economic reality and we had better respond to it quickly.Why do I believe this?Look at where the serious money lives. Japan is...
by Chris Reich | Nov 27, 2010 | Business
Your business should always be working on the next “new” thing. If your business makes things, you should be working on producing something new. If your business is a service business, you should have a new service in development. Even if your business is...
by Chris Reich | Nov 23, 2010 | Business
Busy. I’m frankly getting sick of people telling me that they are busy. Most of the time, when people say they are busy, they are really something else.Before I throw this slab of serious criticism on the table, let’s set a criteria for busy.I would...
