Posts Tagged 'BS Out of Business'

When we consider what our strategies for growth and profitability should be, it becomes important to review the options for making money and to match those to the special skills, knowledge, or preferences we bring to the business.  We’ll look at the problems and the opportunities in making money 1) as a land company, 2) by purchasing other companies, 3) by purchasing assets, 4) doing re-development work for groups lacking financial muscle or technical expertise, and 5) as an exploration ...

In Part 1, I discussed how the best way to have consistently excellent decisions is to have an organizational process by which ample and proper information is provided to a knowledgeable and empowered group for analysis and decision.  In Part 2, let’s look at this in terms of my trip to Guyana with President Jimmy Carter.  The story goes something like this…

Some years ago, ...

There are numerous ways to help ensure that the best possible decisions are made for any problem, at any time.  They include divine inspiration, relying on elders and authority, and a democratic vote.  Unfortunately, divine inspiration is provided rarely to most of us; older and more senior staff are not necessarily wiser; and , asking for a show of hands for a decision is useful only if everyone is uniformly wise (or uniformly ignorant.)

In my view, the best way to ...