Strategic Planning

2013 – Seeing What is Next

Posted by on December 17, 2012 at 12:43 pm

Introduction Seeing differently means questioning how we are doing things, whether we are working on new solutions to old problems, or creating new ways of doing things that have never been done or even thought about before. 1.  Disruption is the New Normal.  Management performance should not be measured by how much disruption it can [...]

Wall Street “Wizards” Just Presided Over the Biggest Money Drain in History – And They Are Getting Off Scot Free

Posted by on November 27, 2012 at 12:19 pm

Executive Memorandum CONFIDENTIAL To: The New CEO From: The Previous CEO Date: November, 2012 Re: Wall Street “Wizards” Just Presided Over the Biggest Money Drain in History – And They Are Getting Off Scot Free I imagine you are as furious as I am at the way Wall Street’s minions managed their global bloodletting.  They [...]

Remember “Niche Marketing”

Posted by on November 13, 2012 at 8:47 am

Remember how we assumed that markets were already well-defined,”mature” and of relatively fixed size, so we fought only for a fractional piece of them.”Nobody bothered to figure out what if everybody settled for a fractional piece, and nobody made an effort to expand the market, the end result a no growth profit zone. Not many enteprises [...]

The New Reality

Posted by on October 2, 2012 at 10:23 am

Confidential To: The CEO From: The Former CEO, now Chairman of the Finance Committee Date: October 2012 Re: The New Reality Thanks for the extremely gracious reception you gave my last memo. I’m glad you found it useful. Thanks also for asking me to write another memo. I’m flattered. Doubly so because I really intended [...]

General Electric

Posted by on September 10, 2012 at 12:02 pm

“General Electric, during the Jack Welsh era, when the company’s flagship product was not an industrial turbine or a refrigerator or medical imaging device but a quarterly earnings number that reliably met or ever so slightly exceeded earnings guidance.  Because of Environmental’s demands for reliability, work is only secondary in the business of making stuff [...]

The Ideal Corporation

Posted by on August 15, 2012 at 1:35 pm

What should we expect from a corporation? This question has been asked many times and answered many times and the answers differ depending upon whom you ask and when you ask and what your motives seem to be in asking. Even among corporate executives, however, there is a wide variety of answers.  People, even people [...]

Larry Ellison, is creepy, arrogant, presumptions and plays God

Posted by on June 5, 2012 at 10:35 am

Larry Ellison in a Wall Street Journal interview said, “Now we can track not only what products you’re buying, but what your’s saying about those products. We know who your friends are. We know what you’re saying to your friends. We know your friends’ friends.” Larry Ellison is collecting information without are knowledge. He is using [...]

Leaders Need Followers

Posted by on May 8, 2012 at 9:13 am

Executive Memorandum CONFIDENTIAL To: The New CEO From: The Previous CEO (now Chairman of the Finance Committee) Date: March 2012 Re: Leaders Need Followers I am absolutely delighted you have decided to take the challenge of the company’s future directly to the board.  There is no doubt in my mind that you need their active [...]

The Risk of Not Being a Risk Taker

Posted by on April 19, 2012 at 11:39 am

  Executive Memorandum CONFIDENTIAL To: The New CEO From: The Previous CEO (now Chairman of the Finance Committee) Date: February 2012 Re: The Risk of Not Being a Risk Taker Thank you for your prompt response to my last memo.  Thanks also for asking me to write another memo.  I am flattered. We are a [...]

Instruction Manual Update: Build-A-Bear.

Posted by on February 24, 2012 at 10:03 am

In my book, I discuss Build-A-Bear being a prisoner of the past. Last week the stock was down approximately 25%. The traffic in the retail stores were down, sales and earnings were below estimates and marketing did not drive sales and earnings. Build-A-Bear has the following choices; it could sell the business, it could find [...]