Accountability in a Compassionate Enterprise

By John D. Beckett Dr. Gonzales was a highly skilled dentist who presented himself to his patients as unusually caring and compassionate. He took extra time so clients were reassured and understood the procedures they would be experiencing. He occasionally provided services without charge for those who could not afford them, and typically followed up to make sure his patients were making good progress after major procedures.
Tags:  Accountability

The Purpose of Business

By Jim Mathis In 1968, at the start of a class on financial management at Kansas State University, my professor entered the room and wrote on the board, “The purpose of every business organization is to increase the wealth of the owners.” This statement appeared on every exam. Owners of a publicly traded corporation are the stockholders, the professor explained, so the purpose of a publicly traded corporation is to increase the value of stocks or dividends to benefit them.
Tags:  Business

Do Your Homework First

By Rick Boxx Watching a TV “reality” show called “Shark Tank,” in which five accomplished investors consider funding a number of innovative ventures, a young entrepreneur made a major strategic error. He failed to properly prepare for his presentation to gain their interest and support.
Tags:  Homework, First things first, Prayer, Trust

The Value of Having Many Advisors

By Robert J. Tamasy Some time ago I received a phone call from a friend who told me about a new business venture he was planning. He asked if I, being a writer, could come up with a catchy, marketable title for the enterprise. My friends know me as the guy who is never at a loss for words. Before starting to think of clever names for the business start-up, I asked my friend if he had done his due diligence in researching the pros and cons of this particular type of company. He said he had already done that, and was eager to get underway. I had no background in that type of business, but two of my friends had engaged in ventures like that in the past. So I urged my friend to contact them and ask for their feedback. My desire was not to discourage him or change his mind, but to ensure he had examined all aspects of the proposed business to avoid problems in the future.
Tags:  Value, Advisors

Monday Manna - The Bottom Line Friend or Foe

By John D. Beckett Gunter was reeling. The unexpected turn of events had caught him totally off-guard. After all, the board of Mastech had brought him in as CEO to move the company forward. He knew he had been selected not only because of his proven business skills, but also his genuine care for people. In fact, Gunter had always regarded his commitment to his employees as one of his greatest strengths as a leader.
Tags:  Leaders, Leadership, Bottom Line, Business

Monday Manna - Great Commissions…And The Great Commission

By Robert J. Tamasy If someone were to ask why you go to work, how would you respond? There are many possible answers to that question: To earn a living and pay bills. To earn enough money to support one’s desired lifestyle. To build a rewarding career. To find expression for one’s skills, expertise and interests. Some might sarcastically reply, “To fill in the time between weekends, holidays and vacations.”
Tags:  Great Commission, Commissions

Monday Manna - An Unorthodox Marketing Strategy

By Rick Boxx In the business world it seems normal to emphasize a company’s unique qualities and capacities. We try to define our “niche,” promote our strengths, and show how we differentiate from our competitors. It is less common, however, for business leaders to publicly acknowledge their weaknesses. They are either ignored or, even worse, disguised or concealed in hope that no one will recognize them.
Tags:  Marketing, Marketing Strategy, Unorthodox, Honesty, Business

Monday Manna - Is It True We Can’t Take It With Us?

By Robert J. Tamasy Occasionally we hear the cliché, “You can’t take it with you.” The implication is that on the day we pass from this life, we will not be taking suitcases filled with our belongings. No moving van will be following the hearse. Following the death of a wealthy, internationally famous entrepreneur, when asked how much the businessman had left behind, a company spokesman accurately responded, “All of it!”
Tags:  Possessions, Material Things, Treasures on Earth, Treasure in Heaven

Monday Manna - Confusing Joy With Happiness

By Jim Mathis My topic for today – joy – is not something we often talk about in the business and professional world. We commonly speak about happiness and being happy, whether it concerns finalizing a contract, attracting a new client, making a sale, receiving a promotion or a pay raise, or finding a new job we feel certain will be more fulfilling and rewarding. Such events make us happy. But when was the last time you heard someone speak about experiencing joy?
Tags:  Joy, Happiness