We all place a different value on what we receive and we’re willing to pay a comparable price. It has nothing to do with the cost to the producer or provider. Sally doesn’t care if the manufacturer of those $450 jeans is going bankrupt.
Models. No, not the skinny kind in a magazine. But conceptual frameworks. Like global warming “models” or even Obamacare.
Some hospital attorneys and, therefore, some hospital administrators, believe that every contract for professional services should be subject to a request for proposal (RFP) process.
You’ve heard that old expression to the effect that it’s better to do and then ask for forgiveness than it is to ask for permission in the first place. I’m not sure if that’s always right in a social setting, but in business it often works out in your favor. After all, there’s a lot […]
As a recent Wall Street Journal article recounts, Japanese manufacturers, once the world’s leaders in electronic goods and especially in cell phone technology, lost big in the switch to smartphones.
A congressional study compared the performance of San Francisco International (SFO) Airport’s privately contracted screeners with those of LAX’s TSA staffed screeners. SFO’s staff screened 65% more passengers per screener than the government employed TSA personnel at LAX.
It’s one thing to understand that playing to self-interest motivates. Harnessing that self-interest advances the business’ own interests.
The smarter you work, the more you make.
Grace, not her real name, was very pretty. Long blonde hair. Tall. Fun.
Many professionals, from architects to anesthesiologists, from structural engineers to surgeons, make the mistake of focusing solely on developing their skill sets and in delivering those skills to their customers, patients or clients.