Category Archives: Strategy and the Big Picture
High fidelity board decisions
A thousand families. When I think of Chieftan Corporation, and the role I played as Chairman of that company, that’s what I think of. If you apply the typical family size of about four people, that’s four thousand individuals. And … Continue reading
Asleep on the bridge
As a group, Americans are not known for planning ahead. We have had a negative savings rate in this country for many years, until the Great Recession demanded we rethink our profligate ways. We’re borrowing against our futures as a … Continue reading
From cowrie shells to debit cards
Somewhere between 9,000 and 6,000 years ago, humans began domesticating cattle and cultivating crops, representing the birth of agriculture and by most scholars’ accounts, the beginning of the concept of money. That concept is essentially that we all agree to … Continue reading
The 30% rule
What I’m going to describe to you is a principle of business strategy, planning and management that will help your organization for many years to come. It’s not a tool that you can implement today and see the effect tomorrow. … Continue reading