Organizations succeed when they have a great culture. The problem is that realizaition that you have something great, is often the best way to ruin it. MBA textbooks are stuffed full of the companies that were phenominal few years ago. Yet, the very companies that make it in to the books, commonly are the companies [...]
Culture is what makes companies great
August 3rd, 2008 · No Comments
Tags: 1. Entrepreneurial Management
Spinning off GM an opportunity for management buyout
August 3rd, 2008 · No Comments
General Motors is discussing plans to sell of a number of its brands. It appears like a phenominal opportunity to have the employees step up and say, we can run our plant better than the company has been run in the past. After all, all it would take is a change in the attitude. Should the management and the [...]
Tags: 1. Entrepreneurial Management
Minimum wage and child labor laws – the downfall of America
August 3rd, 2008 · No Comments
I have started my first business when I was 8. When I was 16, shortly upon moving to Wisconsin, I was able to get a job in OfficeMax as an Electronics Sales. Both of these facts have served tremendously to develop, mature and help me in defining my path in life. I had two advantages: 1) I grew [...]
Tags: Economics
What’s wrong with the function of the FED
August 3rd, 2008 · No Comments
For a few years now I have been teaching my students in Macroeconomics that FED’s responsibility is to balance between inflation and unemployment. Yet, the more I consider the subject, the more I come to realization that this dicotomy is a falacy. According to Keynes and many other economists economy goes in to recession when the [...]
Tags: Economics