Maximizing current profits by definition sacrifices the long term investments that attaining your mission requires. My concept of “strategic profits” addresses how to think about …
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Building Business Muscle
Yearly Archives: 2022
Make Better Decisions
Do you ever say “what was she thinking!” in exasperation? Most of us do. And if we’re honest, we also ask “what was I thinking?” …
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Stop the Pendulum!
Following the inflation, high interest rates, and economic downturn of the late 1970s and early 1980s, American manufactures felt significant price pressures. They, wrongly, believed …
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Leveraging Diversity
Could your manufacturing company utilize a retiring Brigadier General who has led small and large international groups in theaters of war and in standing up …
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Product Rationalization
We all know we have to be innovative. Many of us demonstrate that by introducing new products regularly. Do they all make sense? Should we …
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Firing Customers
Not all markets are good markets for you. Not all customers are good customers for you. And not all orders are good orders for you. …
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How to Deploy Your Strategy Effectively
Every one of your employees must clearly see how his actions and decisions impact execution of the business strategy. This is accomplished through a line-of-sight …
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Choosing Your Digital Transformation Partner(s)
No manufacturer can afford to ignore the concept of Digital Transformation. Yes, there continues some small need for manual lathes, but don’t plan your future …
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Digital Transformation: Blockchain
It is always smart to start with a business case before deciding to move forward with a specific technology in your digital transformation. The same …
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Wouldn’t It Be Nice to Know?
We’d love to know of any problems with incoming supplies in time to either fix them, or make them irrelevant to our needs today. But …
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