From the Admiral
Posted by Randy Boek on July 09, 2014
Steve is the president of a manufacturing company and a client. His company develops and produces electronic products that are installed in large facilities around the world. Last week he got a uniquely unexpected letter. One of Steve’s employees is a National Guardsman in the mid-west. His unit was deployed to Louisiana to help with [...]
You’ve got all day.
Posted by Randy Boek on July 02, 2014
When someone is impatient and says, “I haven’t got all day,” I always wonder, How can that be? How can you not have all day? We don’t have enough time but we have all the time there is. There are twenty-four hours every day, 168 in a week, 672 in a month, 2016 in a [...]
Prestige, Price, Performance
Posted by Randy Boek on June 25, 2014
BMW M3 or Mustang GT? European or American? Motor Trend Magazine tried to answer those questions. The MT article begins, “Are you high or just stupid? An M3 against a Mustang GT?” Then, the narrator says, “The Mustang GT 350 is every bit as good as the BMW M3.” The Mustang GT costs $27,000 less than [...]
No Touch Pad for Common Sense
Posted by Randy Boek on June 18, 2014
The wine list had good by-the-glass options. I ordered two glasses of a wine at $12.25 each. It was near the end of the day and our business meeting was in the lobby of a four-star international hotel chain that I like. Errors in the merchants favor happen often enough that I pay attention. In [...]
Basic Strategic Discussion – Who is Your Customer?
Posted by Randy Boek on June 11, 2014
It may sound like a brain-dead simple question, but in the process of creating a business strategy for growth, the question begs challenged assumptions, divergent thinking and a consideration of new possibilities. I recall when St. Louis manufacturer and retailer, Furniture Brands International, did just that. Under economic and board pressure leaders orchestrated significant change with [...]