Maximizing current profits by definition sacrifices the long term investments that attaining your mission requires. My concept of “strategic profits” addresses how to think about …
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Building Business Muscle
Category Archives: Economics
Are You Today’s Buggy Whip?
An enduring business must offer more than today’s product and serve more than today’s industries. Products come and go, as do industries. Just ask the …
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Your New Business Model
Is there a business anywhere that has not been impacted by the changes of the last few years? I can’t think of one. Is there …
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Your Energy Crisis
Energy around the world is now expensive and in many places unavailable. The transition from carbon-based to renewables is coming, and brings with it complexities …
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Cheap Labor is NOT the Goal!
It wasn’t difficult to see this coming. This podcast from 2013 explained how chasing cheap labor was very short sighted and doomed to fail. The …
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Your Age of Discontinuity
I wish we would all quit acting like everything was “normal,” implying steady and predictable, before Covid. It’s like we’ve all decided to recall “the …
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How Contract Manufacturers Can Thrive
Manufacturers typically fall into three categories: those with proprietary products sold under their brand names, those who contract manufacture for others, and those who do both. …
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Your Dreams Were Just An Illusion
The aftermath of COVID-19 and the associated socioeconomic impacts have thrown ice water on the dreams of most manufacturers. Markets are gone; competitors are arising …
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The Private Equity Game has Changed for Manufacturers
While your experience working for a PE firm-owned manufacturer may have been miserable and driven by short term views, that world is changing significantly. More …
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Design for Reuse Continues to Evolve
If you’re not designing for re-use, your operations are making a serious mistake. You may not believe in Global Warming, but maximizing market share and …
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