Tag: Planning

Are You A Bird or A Squirrel?


There are two ways to reach your objectives.  Like a squirrel or like a bird.  Each has advantages and each has disadvantages.  You will do better if you can see both methods. Think of a tree as the set of all possible opportunities. A… Continue Reading “Are You A Bird or A Squirrel?”

All ‘Round Like An Orange


GE is a company that understands management and they have systematized their knowledge.  They have developed techniques that help them.  Some are useful elsewhere. Suppose you have a clearly defined opportunity or a problem that is large enough to affect the entire business.  How… Continue Reading “All ‘Round Like An Orange”

Prophesy Is Difficult


Prophesy is difficult and it is especially difficult with respect to the future. Planning however, is possible. I found the desktop model crystal ball to be too cumbersome. Now when someone asks for my prediction of the future at lunch or a party, I… Continue Reading “Prophesy Is Difficult”

Stewardship As An Element of Estate Planning


Last week I talked about sterile money and how money has value only in use. Dynamic rather than static money. In terms of advancing the wellbeing of a family, taken as a whole, some assets that the parents own are sterile. Good estate planning… Continue Reading “Stewardship As An Element of Estate Planning”

New Year’s Resolutions


“What you’ve done becomes the judge of what you’re going to do especially in other people’s minds. When you’re traveling, you are what you are right there and then. People don’t have your past to hold against you. No yesterdays on the road” From… Continue Reading “New Year’s Resolutions”

It’s Not The Work


“It is not the work I don’t like. It is the having to work I don’t like.” As told to me long ago by my client Carmen Birney. Pretty much sums it up for most of us. As we approach the New Year Resolution… Continue Reading “It’s Not The Work”

Compelling Details


People understand simple things better than they understand complex things.  But, you probably already knew that.  What you may not have thought through is what it means. People act on things they understand, so you can expect action, or at least an urge to… Continue Reading “Compelling Details”

Half The Advertising Money Is Wasted!


“Half our advertising money is wasted,” is a common whine. There are four problems with that. Nobody knows which half, It is not the same half all the time, It is not the same half in all markets It is not the same half… Continue Reading “Half The Advertising Money Is Wasted!”

A Well Defined Problem Is Half Solved


Albert Einstein said, “If I were given one hour to save the world, I would spend 59 minutes defining the problem and one minute solving it.” With few exceptions, we start solving problems before we have rigorously defined them. Sometimes that works but most… Continue Reading “A Well Defined Problem Is Half Solved”

What’s The Greedy Algorithm?


Many people instinctively use a greedy algorithm to solve problems, but they should have no expectation that it will generate optimal or even good results. Back in the depths of history, I took a course in operations research. Essentially the process of applying mathematical… Continue Reading “What’s The Greedy Algorithm?”

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