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Author Archives: Yale
Denial – “It Won’t Happen to Us”
A sudden explosion recently occurred during “happy hour” at a famous restaurant in the Midwest. The building was destroyed, but even more tragically, an employee was killed. A business cannot be protected for loss of life. I do not propose … Continue reading
Posted in Backup, Discipline, Harvard Business School
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Discipline
Standing at the window of my dorm room at Harvard Business School OPM, I was looking at the cold landscape after a 4″ snow. It was 28 degrees outside and there was a slight March wind. From inside, it was beautiful. … Continue reading
Posted in Business, Discipline, Education
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Why Am I Doing This?
Three weeks ago, I was finishing up my second term at Harvard. I wrote this late one night when all was quiet and I was tired: WHY AM I DOING THIS?? Six to eight solid hours of classes every day … Continue reading
The Dynamic Process of Strategy for a Business
Many a company executive has asked me over the years, “Why is it necessary to continuously look at our strategic plan? We work on it prior to the start of a new year, as you recommend, and now you’re telling … Continue reading
Posted in Business Planning, Strategic Planning
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April Fools
Look at the calendar! “April Fools Day” is right around the corner and the first quarter is coming to an end. On a day of practical jokes and pranks, you don’t want to be caught off guard by your P&L. … Continue reading
Take Advantage of the Current Trends
In our conversations with other business professionals around the Twin Cities, we keep hearing that sales are perking up and businesses are beginning to move forward again. The long, persistent business lag we have all endured has created a pent-up … Continue reading
“What Goes Around Comes Around”
As a young boy in my family business, Dolgin’s in Kansas City, my Father gave me three jobs: cleaning the silver hollowware display, displaying fountain pens, and straightening out the LAYAWAYS. Oh … and in between those, I sold my … Continue reading
Hewlett Packard Delivers Inconsistent Message to Consumers
Whether in your business or personal life, one must deliver a consistent message. Careful thought must be given to our words; our family role models have all told us to “think before you speak.” The business and IT community were … Continue reading
Posted in Business Planning, Business Threats
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Spring is Here – You have Planned on it
Spring is here, but snow continues to fall in the Midwest. The Twin Cities’ forecast warns of a “Winter alert” over the next 36 hours. In the middle of April, you would expect to see rains falling and flowers blooming; … Continue reading
April 15 – It’s Time Again!
Some think that April 15th is the time to file your taxes (or for this year, April 18th). For businesses, April 15th has a different significance. The end of March marks the close of the first quarter for most businesses. … Continue reading