The 3 Types of Businesses

The 3 Types of Businesses

When people think about their own business skills, some don’t understand there are three contexts. First, people usually know their own business, meaning their functional duties. The duties they do day-to-day within the larger organization.  This amounts to a great...
A Big Tip on Strategic Planning!

A Big Tip on Strategic Planning!

“Envision the future first, …the end change can be dramatic” Strategic Planning is often a misunderstood tool. Both from a complexity and methodology standpoint. It is, in fact, when used properly, the ultimate management tool for leading a company to successful...
Choco-Hollick Candy, Inc.(Part B)- NPV Practice Problem Series #3

Choco-Hollick Candy, Inc.(Part B)- NPV Practice Problem Series #3

We are back with our Practice Problem Series.  This is part B of our Choco – Hollick Candy Company Inc. practice problem.  If you missed Part A of this Practice Problem, you can catch up and read it HERE. These Practice Problems will put to use the skills and...
3 Accounting Statements and Why You Need to Know Them

3 Accounting Statements and Why You Need to Know Them

Why should technical professionals be familiar with the basic three accounting statements: Income Statements, Balance Sheets, and Statements of Cash Flow? Among many good answers is this: They can answer for themselves many key questions in making financial...
Been There: Done That!

Been There: Done That!

I get it. I understand. I have been there. I have been right where you are; struggling with your new role as a leader in your company. Early in my utility career, I was an engineer thrust into leadership. I was leading a team of engineers on a significant...
What Is Business Acumen & Why Do You Need It?

What Is Business Acumen & Why Do You Need It?

Business acumen is a buzz word you hear all the time. “He has great business acumen.” “Build me a team full of people with business acumen!” “That young employee needs to learn some business acumen.” So what is business acumen and why do you need it? The word acumen...