In his latest book blink, author Malcolm Gladwell (also author of The Tipping Point) examines how people make snap judgments. He is fascinated by how, in many circumstances, the snap decisions are better than those using more analysis and information.
Read More I pose this rhetorical question to examine some of the decisions we make in our propane companies that fly in the face of reaching for maximum financial performance.
Read More Many family owned businesses in this industry do a lot of things very well, yet can blunder terribly when it comes to financial matters. These errors can cost the family significant value and prevent it from achieving the very goals it set out to achieve when the business was started.
Read More Family-owned propane companies are significantly more complex in their organizational dynamics than the traditional mom and pop label often used to characterize them.
Read More Family owned businesses are unique in personality, behavior and culture. They operate with the complexities associated with the three overlapping components of ownership, the business and the family.
Read More The most successful propane companies are comprised of highly competent people who work together towards a common objective. But what do we mean by competency and how do we discern the traits of a potential employee regarding their level of competence? What competencies are most important?
Read More We all are basically in the same business, yet it is a curious fact that many of us see value in a very different way. This difference is important to understand as we attempt to grow and presumably increase the value of our companies.
Read More Work on the most expensive resource — time — and set goals for productivity and improvement.
Read More This is the eighth in a series on business topics inspired by the 20th century business management icon Peter Drucker.
Read More As an owner and/or manager of a retail propane business, you’re required to make many daily decisions involving employees. These decisions include all aspects of your operation and, when combined, reflect the direction and character of your company.
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