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Tag Archives: creative thinking

Your Business – Mission Statement or Manifesto?

What is the difference between a business having a 'manifesto' and a 'mission statement'? I have done very little research on this topic, but I don’t think there is much difference in theory. But I just like the word  'manifesto'. (Did you see my hands moving when I said it?) A manifesto is just a better and cooler way to state what your busin... Continue reading

The Lean Launchpad Educators Course

This week I am delighted to join with University of Windsor professors to take the Lean Launchpad Educators Class at Stanford University. Steve Blank's latest blog provides some interesting information regarding this course.   While the focus is on teaching students entrepreneurship experientially, I will be wondering how the knowledge can be le... Continue reading

Billing by the Hour

This blog is to poke a little fun at the traditional concept of billing by the hour. I apologize in advance for grief it may cause for hard-working professionals. Is the productivity of every hour the same? Is the 8 hours of work the day before a two week vacation the same as 8 hours of work the day after a great Super Bowl party? Are the first ... Continue reading

Expert Knowledge as a Product

How many times does the boss have to politely and respectfully deliver the same message to the same employee for them to get it? Why is it if an outside expert comes in and tells the employee the same thing, they suddenly get it? It can get really expensive hiring experts to come in and work with your employees every day.  Fortunately, the world... Continue reading

Soft Skills for Business

I was at a meeting last week, where the idea of increasing the soft skills training in the business community might help the region grow. It was confirmed by another participant that the region who could get the jump on this would really differentiate themselves. So what are soft skills anyway? Communication skills – This would include developm... Continue reading

A Video is Worth 228 Pages of Words

I just finished Simon Sinek’s book Start With Why – How great leaders inspire everyone to take action. It is a very enjoyable and worthwhile book to read. Simon Sinek also recorded a talk on ted.com as an 18 minute video.  Having read the book and watched the video, I can confirm if you watch the video you don’t need to read the book. Sinek... Continue reading

The Virtual Office of the Future is Now!

The virtual firm is becoming a more common reality. We at The Business Therapist® Inc. are certainly living the dream. Take today for example: This morning I woke up in a 1884 hand-hewn log home in Pennsylvania and reviewed a business advisory proposal which I then sent via email to Rich Thornton, (the Director of Research and New Product Develo... Continue reading

Carrots or Sticks – How Do You Motivate and Engage Your Employees?

I have observed the spectrum of management styles. I happen to believe more in the ‘carrots’ or positive reinforcement style. I have witnessed tyrant bosses wielding a large ‘stick’ too. There is some good research reported in the best selling book, The Carrot Principle, by Adrian Gostick and Chester Elton. They report that the practice of ... Continue reading

The Importance of Thinking Outside the Box

How long will it take before you or your competitors start thinking outside the box? Just remember: "You'll have all eternity to think inside the box." Related Articles: How Will Digital Mobility Affect Your Business? The Lean Start-up - Pivot or Persevere? Strategic Planning & Business Inspiration... Continue reading

The Power of Habit in Business

I just finished reading a good book about habits. The book is “The Power of Habit” by Charles Duhigg. When you think about it, business owners, employees and customers’ days are made up of millions of habits – most of them operating subconsciously. At our firm, part of any successful profit improvement strategy involves recognizing and chan... Continue reading