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17 August 2013 - 22:37, by , in People Issues, No comments
When I read a non-fiction book, I keep a pen in hand. I underline meaningful concepts, useful recommendations and relevant examples presented by the author. After I’ve read a book, I flip through the pages. If it has lots of underlines, I keep it. If there are few or none, I sell it. Here are...
17 August 2013 - 22:36, by , in People Issues, No comments
The ICMS staff and I frequently remind our customers that Activity Based Cost Management is both a noun and verb. An ABC software system is an example of a thing one can pursue or own. But only when a person or organization applies the principles, repeatedly using their ABC software data to improve decision-making, will...
17 August 2013 - 22:34, by , in People Issues, No comments
Sixty-three year old Coach Lou Holtz was coaxed out of retirement in 1998 to turn around a struggling University of South Carolina football program. When asked January 1, 2001, his secret for turning the winless 1999 team into the 2001 Outback Bowl winner, Coach Holtz simply replied, “We went back to the basics.” Is 2003 the...
17 August 2013 - 22:33, by , in People Issues, No comments
“Executives in profitable companies couldn’t tell us how they made money, and executives in unprofitable companies could.” (1) This quote comes from a newly published study by the Accenture Institute for Strategic Change. Researchers found that most executives of profitable non-dot.com companies knew their strategic plan but had no understanding of their business model. Conversely, most...
12 August 2013 - 23:08, by , in People Issues, No comments
When confronted with a battle, I want people on my side with scars. Scars are a sign they’ve been attacked and survived. I value people with physical, emotional or intellectual scars that have lived through and understand my situation. They speak from experience. A person with scars has confronted personal and professional issues and either...
12 August 2013 - 23:07, by , in People Issues, No comments
Shortly after “Gone with the Wind” had been published, a young woman sat beside a history professor at a dinner. Trying to make conversation, she asked him if he had read it. “No,” he answered. The woman admonished, “You’d better hurry up. It’s been out 6 weeks.” Then the professor asked, “Have you read Dante’s Divine Comedy?”...
12 August 2013 - 23:07, by , in People Issues, No comments
Did you make any New Year’s Resolutions for 2000?  To improve yourself?  To improve your job?  Or to improve your organization’s performance?  Both your personal and professional goals can be simultaneously achieved in 2000 by learning about and implementing an Activity Based Management (ABM) system. Everything that we experienced during the ‘90’s was simply a...
12 August 2013 - 23:06, by , in People Issues, No comments
At the crossroads, I look at my grandsons; take a coin from my pocket and say, “Heads we turn left. Tails we turn right.” I use a simple coin game to teach my grandsons an important life’s lesson. We walk to the end of the driveway and flip a coin. If it comes up heads,...
8 August 2013 - 23:35, by , in People Issues, No comments
Our local baseball team, the Texas Rangers, is mired in a losing slump. Even though the Rangers have one of the highest payrolls in major league baseball, management and players have not been able to turnaround the team’s dismal performance. Webster’s dictionary defines slump as “to decline suddenly, as in value or business activity.” The...

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