by Chris Reich | Jan 29, 2013 | General Business
Here’s the start of an AP article about JC Penney:NEW YORK (AP) — J.C. Penney is bringing back sales. The struggling department store chain this week will begin adding back some of the hundreds of sales it ditched last year in hopes of luring shoppers who...
by Chris Reich | Jan 25, 2013 | General Business
Remember “the book”? In Search of Excellence. One important conclusion from that book is that excellence is not a static condition. I believe that is because entropy is constantly breaking down whatever excellent framework an excellent company is operating...
by Chris Reich | Jan 12, 2013 | General Business
SMASH! We put the idea of cutting expenses to survive a downturn in the BiZPhyZ Business Collider and got some very interesting results. SMASH!Slow. That is the operative word in business. Slow.Businesses have cut back to reduce expenses. Cut cut cut. Cut to conserve....
by Chris Reich | Jan 7, 2013 | General Business
One of my central themes is “I know your business could be doing better.” How can I know that? There is a common symptom that indicates a lot of room for improvement at any business. Once I see this symptom, I know the business could be doing a lot better....
by Chris Reich | Dec 24, 2012 | General Business
QWERTYThat is the standard layout of the most commonly used keyboard. Look at your keyboard. The first letters across the top row are QWERTY.I would bet that you think you know why this layout was chosen as a the standard. Grouping of commonly used letters? (Like...
by Chris Reich | Dec 13, 2012 | General Business
When an economy contracts, consumers move toward either quality (durability) or cheap. The American consumer, spoiled by years of having more of everything has chosen cheap over quality. (Europeans choose quality) This is a very bad thing in the long run.Choosing...
