Displaying posts tagged with

“trust”

Why Not to Compete Based on Price

It can be tempting at times for a business owner to contemplate competing based on price – that is, offering a product or service at a price lower than their competition. The net result of this is hoped to be a quick influx of customers who will take advantage of the lower price, and then […]

Willing to Say No

I belong to a small network of businesses each of which provides similar and related services, though it is rare for any of us to compete directly with one another. This allows us to forward projects and clients to each other with little risk of losing the client. A few days ago, the owner of […]

Working for Equity Doesn’t Always Work

Working in IT, a common occurrence is to hear about projects being run by a group of people who believe in the product, and are essentially donating their time. Money is generally budgeted in such projects toward difficult-to-avoid expenses, such as incorporation fees, or for services which they cannot get donated. However, occasionally a skill […]

Where Does Your Loyalty Lie?

I was reading the expose in the Wall Street Journal on how Facebook applications have been discovered to be sharing more information about the users of those applications than people may have realized. This is not the first time, and I suspect not the last time, that the giant social networking site will be criticized […]

Watch Your Back

I’m much too young to remember this, but there was a time when a man’s word was as good as done. A handshake was worth more than a contract written by a team of top lawyers. This was mentioned in the play Jersey Boys when Frankie Valli and Bob Gaudio seal a deal with a […]

Your Word is Binding

When working with small companies, and in particular, when it is an individual doing the work, there is often a significant amount of work that is done informally. An email is sent, responded to, some phone calls exchanged, and the work begins. The terms may or may not be clear to everyone involved, the expectations […]

Lessons from Aircraft Carriers

If you watch a movie involving aircraft carriers, you may have noticed this. On the carrier, the crew are wearing different colored jackets. Some of the crew are wearing blue, others yellow, others gray. Watching more closely, you’ll notice that each crew member interacts almost exclusively with other crew members wearing the same colored jacket […]

Elimination of Process by Process of Elimination

Time spent on dealing with process is wasteful, and yet, many companies find that they spend more time with the process than they do with actual work. Make sure you’re not one of those companies!