Today we close out the first week's summary with part 5 of a 5 part, 45 show series on the Technology of Business. It runs 5 days a week over the next 9 weeks and is structured by our approach to a Balanced Scorecard for measuring and managing the business.
A quick reminder for anyone unfamiliar with our methods:
F = (O + C + P)E
Financial Performance is the result of how well the Entrepreneur/Owner/Executive leads and manages Operations, Customer acquisition and retention, and has People invested in the future of the business.
The previous shows we covered Financial Performance, Processes Under Control, and Inside the Customer. This show is an overview who you need to hire and move them from trading time for money to invested in the business's future.
Here is how the Balanced Scorecards converts into our weekly programming:
Like you, we have been annoyed and then mystified by the Covid19 Flu and the response. I wrote several articles on the topic, one taken down by our ISP for detailing the truth and I'll repost if your ask.
Moving on and this is critical - how do we make our business's idiot proof? I don't mean from you, you're paying the bills so being stupid is part of the deal, my objective is put your business beyond bad decisions by politicians and bureaucrats.
Also I have read a great deal about the "New Normal" or "The Great Reset" and couldn't disagree more. These two, among many redefinitions of the future, talk about how the post-pandemic future will be different. Their comments are political, not economic.
Business has not changed since the days of the Bagdad Bizarre - you make something, sell it to somebody, and try to keep as much money as possible. Make it more complicated if you want but nothing has changed in 2,500 years except how to use technology.
Our reading of the future is very different and is based on four principles:
My goal on Owner Friday is simple, defend capitalism and provide you a path to the future that works.
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WHAT YOU NEED TO DO
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