Author Archives: lou

Choosing the Form of Business Organization

Basic Business Cents One of the first questions facing an entrepreneur is what type of organizational structure is best for the start-up company. This is a key decision that could have serious consequences later; one that many entrepreneurs are ill … Continue reading

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Lagging, Keeping, or Leading

Basic Business Cents A System for Enterprise Excellence Competition today comes not just from the competitor across town, across state, or even across the country. With the improvement and innovation in transportation and communications, we are faced with competitive forces … Continue reading

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Nuggets of Knowledge

Basic Business Cents Advanced Strategic Improvements Practices 2014 Conference Dr. Charles Liedtke, owner of Strategic Improvement Systems, hosts the Advanced Strategic Improvement Practices Conference each year in the Twin Cities where representatives from selected organizations present their performance improvement initiatives, … Continue reading

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Strategy Execution

Basic Business Cents Football coaches are fond of explaining a loss by assuring reporters that they had a sound game plan but the players just didn’t execute. In my opinion, that is just a cop out by insecure coaches as … Continue reading

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Strategy Execution

Basic Business Cents Football coaches are fond of explaining a loss by assuring reporters that they had a sound game plan but the players just didn’t execute. In my opinion, that is just a cop out by insecure coaches as … Continue reading

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Written Communication

Basic Business Cents “I cannot forecast to you the action of Russia. It is a riddle, wrapped in a mystery, inside an enigma; but perhaps there is a key. That key is Russian national interest.” Winston Churchill in a radio … Continue reading

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Reinventing Your Organization

Basic Business Cents Are you in the business of manufacturing buggies or people movers? Most industry-changing innovations come from without the industry. Why? Because companies are so focused on their competition that they lose focus on the needs of their … Continue reading

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Successful Public Speaking

Basic Business Cents So you have been asked to give a talk; are you excited or apprehensive? It doesn’t make any difference if you prepare and rehearse properly, you will become comfortable with your ability to effectively get your message … Continue reading

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Improving the Health of Your Business

Basic Business Cents Everyone would like to find the magic recipe to improve his or her business. I have a secret; it doesn’t exist unless you consider thought and subsequent action a secret.  Deming said people hope for instant pudding. … Continue reading

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Improve Your Decision-Making Process

Basic Business Cents I have a friend who used to become so stressed when faced with a decision at work that he became physically ill. His doctor finally advised him to resign from his position and he retired early. That … Continue reading

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