A ship leaves New York Harbor bound for Great Britain and it’s one degree off course. What happens when it gets to the other side?

TEACHABLE MOMENT #3 One of the hardest things any of us can try to do is just sit back and do nothing. Let’s not equate that past statement with laziness. No. Sustained laziness is actually hard work. It’s not as passive as it’s reputed to be. I am referring to doing nothing because we are…

Teachable Moment #2: “If I have to stand over your shoulder and watch while you work, there’s one too many people on the payroll.” — John Predney

I’m 17 and graduating from high school in about a month. My portfolio is on exhibit at the school and the owner and senior-most manager of a New York studio decide that, for the first time ever, they are going to the “high school around the corner” to look at portfolios. As a result, I…

Entry #1: An Introduction

“The opportunity to try to make a profit is one of the foundations of our private-enterprise system, and the danger of suffering a loss is one of the risks assumed by every entrepreneur.” —From, “Introduction to Modern Business: Analysis and Interpretation” by Vernon A Musselman and Eugene H. Hughes April of 2007 will mark the…

Annual reports focus on a point in time. If annual reports were required to contain EEOC statistics, what would we learn about most companies?

Asked by Sarah F While it may be true that many factors contribute to the employee mix within any company, the very fact that your question targets annual reports as the information repository implies that the analysis would be focused on mid-sized and/or large companies. The point that an annual report focuses on a point…

Relationship Management

“Most of us probably acquired our mentors more by luck than through planning. But with the erosion of traditional career ladders and the increasingly unstructured composition of the modern firm, individuals and companies alike are seeing ever-greater merits to institutionalizing this once-informal relationship called mentoring.” — From, “Business: The Ultimate Resource,” Perseus Publishing For most…