Why do companies automate? The answer is typically some combination of the following reasons: Better Results, i.e. to provide a better product or service Error reduction, especially reducing accidental human mistakes Scalable – Need to address an ever-increasing...
That expression will be familiar to readers who have served on boards of directors or have had some board governance training. They will agree with it or not, often largely depending on their financial involvement. I was reminded of this axiom while reading a post...
Virtually every CEO or business owner knows how to read their company’s income statement – Revenue, then Gross Profit, then Operating Profit, then Net Profit. Many only look at the top and bottom numbers, some delve deeply into the details in between. But they all...
How many times has a member of your management team, or a valued worker, come to you with a “great new idea” to help the company get better at something – a new machine that will shorten processing time, a new software service that will help you sell more products or...
For a small to mid-sized company, whether startup or emerging go-getter or well established company during a coronavirus era, it’s harder than ever these days to get a bank to lend you the money to build the momentum you need to succeed. Many banks are still afraid of...
Ken Fisher, an investment advisor, just wrote an article that is the clearest explanation I’ve ever read describing the credit markets, why interest rates impact economic cycles, and how that affects stocks (value stocks in this case). You can get it from Ken...
