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Integrity and Your Reputation (part 2)
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Many of us never have that
kind of contact with the media, so we are very vulnerable to a media blitz that
puts our company in a bad or unfavorable light. |
by Jack Marino | October 10, 2011 | Comments (4)
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Integrity and Your Reputation (part 1)
| I recently read where Warren
Buffett said that reputation takes 20
years to build and five minutes to ruin. |
by Jack Marino | September 12, 2011 | Comments (0)
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More on Personal Integrity
| “Reputation is what you do when
others are watching. Character is what you do when no one is watching.” I don’t
know who first said that, but it certainly rings true. |
by Jack Marino | August 22, 2011 | Comments (0)
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Personal Integrity as a Manager (part 2)
| Could your lack of integrity
put your company or yourself in danger? |
by Jack Marino | August 8, 2011 | Comments (0)
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Personal Integrity as a Manager
| What can we say when some of the best and brightest business leaders and politicians have failed us except that they have dangerously undermined our country. |
by Jack Marino | July 25, 2011 | Comments (0)
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Final Thoughts on the Office of the Future
| The N-Geners will want to bring their social-networking life into the office and make it as much a part of their business life as it is their social life.
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by Jack Marino | July 11, 2011 | Comments (0)
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Office of the Future - The Wiki Workplace
| We previously finished by talking about the type of office most of us have spent our careers in and the office where many probably are still working. But what can we expect in the near future?
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by Jack Marino | June 20, 2011 | Comments (0)
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Managing in the Office of the Past
| Last time, we took a look at what the workplace of the past looked like as we continued our series on the workplace of the future. We wondered what it was like to manage in that environment.
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by Jack Marino | June 6, 2011 | Comments (0)
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Workplace of the Past
The Global Factory (continued)
| Over the last several weeks we have been reviewing Wikinomics, the word coined to describe a new global manufacturing era where openness, peering, sharing and acting globally are transforming manufacturing into the Global Factory.
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by Jack Marino | May 9, 2011 | Comments (0)
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The Global Factory (part 2)
| Last time, we began the discussion about how companies will have to define their core competencies in this new global workplace.
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by Jack Marino | April 25, 2011 | Comments (0)
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The Global Factory
| In discussing the subject of Wikinomics – a term used to describe a new model for collaborative economic activity in the global, digital age – we have shown how companies can offer new technologies faster than ever thought possible using resources that are not part of their traditional structure.
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by Jack Marino | April 11, 2011 | Comments (0)
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The New Role of Video Games
| There was a recent article in The Wall Street Journal by Andy Kessler discussing how video games have supplanted the military in the development of some of our newest technologies.
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by Jack Marino | March 28, 2011 | Comments (0)
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The Internet Business
| Over the last few weeks, we have been discussing some ideas of how businesses will be transformed by forces under the description of Wikinomics. |
by Jack Marino | March 14, 2011 | Comments (0)
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The Emergence of the Net Generation
| Some call it the “baby-boom echo,” but the generation born between 1977 and 1996 is actually bigger than the boom generation.
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by Jack Marino | February 28, 2011 | Comments (0)
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The Emergence of a New Order
| A few weeks ago we talked about the changing role of management in the new economy. We only touched on the tip of the iceberg.
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by Jack Marino | February 14, 2011 | Comments (0)
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Is the Recovery Finally Under Way?
| This latest recession supposedly ended in late 2009, but many companies are just beginning to see the turn.
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by Jack Marino | January 31, 2011 | Comments (0)
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Straight Talk on Taxes and Revenue
| This week I want to wander a bit from our discussions on management problems to discuss the insane debate going on in Washington about tax rates.
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by Jack Marino | January 17, 2011 | Comments (0)
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The New Corporate Model
| We have been discussing how Alan Murray, in some new work, and Peter Drucker, from work published many years before the modern world of instant communications, saw the demise of the modern corporation.
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by Jack Marino | January 3, 2011 | Comments (0)
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New Management Structure for 21st Century?
Change and the Role of Management
| Last time, we began a discussion prompted by a recent article by Alan Murray in the WSJ titled “The End of Management.”
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by Jack Marino | December 6, 2010 | Comments (0)
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Is Our Current Management Model Going to Survive?
The Perils of Outsourcing
| A couple of blogs ago we discussed the part outsourcing can play as a means of generating additional cash for the owners.
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by Jack Marino | November 9, 2010 | Comments (0)
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More Owner Betrayals
| We’ve been discussing how outsourcing manufacturing capability is a cost saving because it permits the owners to focus on “core businesses.”
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by Jack Marino | October 25, 2010 | Comments (0)
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Betrayal by the Owners
| Last week we began a discussion on how foreign ownership of some of our key industries in industrial heating technologies is jeopardizing much of this capability.
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by Jack Marino | October 11, 2010 | Comments (0)
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Our Manufacturing Industries are at Risk
| For the most part, the owners of America’s businesses that aren’t publically traded are looking out for the long-term interests of their businesses.
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by Jack Marino | September 27, 2010 | Comments (0)
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It’s Called “Eating Your Seed Corn”
Boss, I Need a Raise
Performance Reviews and Raises Continued
| For the past couple of weeks we have discussed the problem with the annual performance review.
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by Jack Marino | August 23, 2010 | Comments (0)
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More on Pay Raises, Performance Reviews
| We began a discussion last time on the uselessness of the annual performance review.
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by Jack Marino | August 9, 2010 | Comments (0)
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Talking About Raises and Performance Reviews
| Due to the market conditions for the last couple of years, your company probably hasn’t given out too many performance raises.
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by Jack Marino | July 26, 2010 | Comments (0)
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Developing New and/or Improved Products (part 2)
| Last time, we began discussing the development project focused on a new and improved version of an existing product line.
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by Jack Marino | July 12, 2010 | Comments (0)
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Developing New and/or Improved Products
| For the last few weeks we have discussed the development of new product lines that are not related to current production items.
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by Jack Marino | June 28, 2010 | Comments (0)
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New Product Development (part 4)
| Like everything else in life, a new product-development plan will not go as planned.
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by Jack Marino | June 21, 2010 | Comments (0)
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New Product Development (part 3)
| After you have investigated the design and marketing aspects of the new project, it is time to examine if new manufacturing technology or machinery will be required to bring this technology to market.
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by Jack Marino | June 7, 2010 | Comments (0)
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New Product Development (part 2)
| Last week our discussion began with the need for developing a brand-new line of products, which required the addition of a new expert in that area as project manager.
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by Jack Marino | May 24, 2010 | Comments (0)
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Developing New Products
| One of your goals during this current recession – now one of the longest on record at over 2 1/2 years – should have been the development of a new product to introduce during the coming recovery.
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by Jack Marino | May 17, 2010 | Comments (0)
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Environmental Crisis Management – Oil Spill Continued
| The oil spill from the gas station on the top of the hill was now a serious problem.
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by Jack Marino | May 10, 2010 | Comments (0)
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Environmental Crisis Management – An Oil Spill
| Old gasoline service stations that don’t have new double-walled tanks and concrete retaining walls could be subject to leakage into the surrounding soil.
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by Jack Marino | May 3, 2010 | Comments (0)
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Environmental Crisis Management – An Environmental Audit
| When you contract for the sale of an industrial building or land, the purchaser or bank will most likely want to conduct an environmental audit of the property to determine if any environmental liabilities exist.
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by Jack Marino | April 26, 2010 | Comments (0)
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Environmental Crisis – Three Mile Island
Managing an Environmental Crisis
| We’re going to take the next few weeks to discuss managing an environmental crisis.
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by Jack Marino | April 12, 2010 | Comments (0)
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Protecting Trade Secrets
Company Trade Secrets
| Most of us work in companies that have methods for manufacturing products or processes, which we have developed, that differentiate us from the competition.
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by Jack Marino | March 29, 2010 | Comments (0)
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Dealing with Insubordination
| The classical definition of insubordination in the workplace is an employee’s willful disregard for a manager’s direct order.
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by Jack Marino | March 22, 2010 | Comments (0)
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Acme’s Long-Term Solvency
| Over the last two weeks we have looked at Acme’s cash flow and short-term liquidity, and the results are not good.
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by Jack Marino | March 15, 2010 | Comments (0)
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More Analysis of Acme Combustion’s Financial Health
| Beginning this week we will examine a number of financial ratios to measure the health of Acme.
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by Jack Marino | March 8, 2010 | Comments (0)
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Final Review of Acme’s Financial Report for 2008
| For the last few weeks, we have been reviewing the simplified financial report from a non-accountant's perspective.
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by Jack Marino | March 1, 2010 | Comments (0)
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Acme Combustion’s Cash Flow
| As we continue our analysis of Acme’s financial reporting for the years 2007 and 2008, we will look at the most critical item of cash flow.
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by Jack Marino | February 22, 2010 | Comments (0)
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Review of Acme’s Income Statement and Balance Sheet
| Let’s review what we learned about these reports from Acme Combustion’s 2008 year-end report.
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by Jack Marino | February 15, 2010 | Comments (0)
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Acme Combustion: Balance Sheet Liabilities
| We continue with our look at the Acme’s balance sheet. This week we are examining the Liabilities and Owners Equity half of this report.
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by Jack Marino | February 8, 2010 | Comments (0)
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Acme Combustion: The Balance Sheet
| This week we will continue to look at the audited returns for Acme Combustion, the fictitious company we are analyzing.
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by Jack Marino | February 1, 2010 | Comments (0)
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Acme Combustion: Income Statement
| Last week we showed the income and manufacturing cost side of the income statement. This week we’ll look at the other half, the expenses and profits.
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by Jack Marino | January 25, 2010 | Comments (0)
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Acme Combustion Products – Audit for 2007-2008
| Last week, we set up this fictitious company as a vehicle to familiarize you with how to read financial statements so you can better understand how your company is doing.
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by Jack Marino | January 18, 2010 | Comments (0)
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Financial Statements
| We are going to spend a few weeks talking about an area with which many engineers and technical people are not that familiar – the company’s financial statements.
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by Jack Marino | January 11, 2010 | Comments (0)
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Making Effective Decisions on the Future of Your Company
| A decision is basically a judgment. One tends to assume that decisions are based on facts, but that is rarely the case.
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by Jack Marino | January 4, 2010 | Comments (0)
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The Coming New Paradigms
| It has to be fairly apparent that the end of this recession is going to usher in a new age for energy use.
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by Jack Marino | December 28, 2009 | Comments (0)
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More on the Motivated Leader
| Last week, I began a discussion on motivated leadership from a talk I heard by Mr. Rudolph Giuliani, former mayor of New York.
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by Jack Marino | December 21, 2009 | Comments (0)
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Staying Motivated
| I had the opportunity a couple of weeks ago to hear Mr. Rudolph Giuliani discuss his visions on leadership.
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by Jack Marino | December 14, 2009 | Comments (0)
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Business Planning – Contingencies
| The final part of our business plan must be a contingency plan.
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by Jack Marino | December 7, 2009 | Comments (0)
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Business Planning (Part 6)
| So far we have identified a number of key areas that you should be looking at when developing your plans for next year.
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by Jack Marino | November 30, 2009 | Comments (0)
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Business Planning (Part 5)
| Your business plan should include a number of other considerations in looking forward to the coming years.
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by Jack Marino | November 23, 2009 | Comments (0)
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Lessons from Setting Up an Overseas Operation
| We’ve spent the last few weeks discussing our experiences with first operating a direct sales office and then a manufacturing facility in China.
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by Jack Marino | November 16, 2009 | Comments (0)
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Business Planning – China (Part 4)
| The last couple of weeks we have been discussing making a business plan that would include opening new markets in the developing world.
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by Jack Marino | November 9, 2009 | Comments (1)
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Business Planning – China (Part 3)
| With management’s go ahead to set up this operation, I contacted the U.S. Department of Commerce to get any assistance they could offer.
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by Jack Marino | November 2, 2009 | Comments (0)
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Business Planning – China (Part 2)
| With our new partner reselling our products in China, we had found a ripe new market that developed very rapidly.
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by Jack Marino | October 26, 2009 | Comments (0)
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Business Planning – China
| In developing your business plan for next year, we discussed how new markets may be the key to growth in these difficult times.
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by Jack Marino | October 19, 2009 | Comments (0)
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Business Planning (Part 3)
Business Planning (Part 2)
Business Planning
| Most companies at this time of the year are putting final numbers to their plans for next year. We’ll take this time to review some of the important aspects of making business plans.
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by Jack Marino | September 28, 2009 | Comments (0)
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More on White-Collar Dishonesty – A Story
| When hiring a new employee, we all try very hard to run background checks and interviews to determine the veracity of the applicant and his ability to fit into our culture and do the job.
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by Jack Marino | September 21, 2009 | Comments (0)
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White Collar Dishonesty
| Last week, we discussed dealing with dishonesty from theft or improper behavior. However, the dishonesty that can really hurt your company can come from some of your most trusted employees.
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by Jack Marino | September 14, 2009 | Comments (0)
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Leadership – Dealing with Dishonesty
| All dishonesty is bad. Some dishonesty needs to be dealt with by dismissal and even prosecution if laws have been broken.
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by Jack Marino | September 7, 2009 | Comments (0)
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More on Leadership in this Time of Crisis
| During my early career I had a string of some unusually bad bosses who had very little respect from their subordinates.
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by Jack Marino | August 31, 2009 | Comments (0)
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Leadership in This Time of Crisis
| Management is always about leadership. During these more difficult times, your leadership can be crucial to the very survival of your company.
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by Jack Marino | August 24, 2009 | Comments (0)
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How’s Your Company’s Morale?
| We are at least one year into this current downturn, and from the looks of the situation, you may not see a substantial recovery until a year from now or longer.
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by Jack Marino | August 17, 2009 | Comments (0)
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Where’s the Recovery?
| Six months after I began writing these articles on "Managing in Difficult Times," we are still in difficult times.
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by Jack Marino | August 10, 2009 | Comments (0)
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Senior Management Making Sales Calls
| Senior managers with technical expertise and presidents and CEOs need to make periodic sales calls on key customers as we have previously discussed.
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by Jack Marino | August 3, 2009 | Comments (0)
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Staffing and Managing a Sales Organization
| There is no business without customers for its products or services.
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by Jack Marino | July 27, 2009 | Comments (0)
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Marketing and Sales (Part 3)
| One of the most successful and often-copied sales strategies is the protected geographic sales territory.
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by Jack Marino | July 20, 2009 | Comments (0)
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Marketing and Sales (Part 2)
| Last week we discussed the importance of marketing. Now let’s look at the role of sales.
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by Jack Marino | July 13, 2009 | Comments (1)
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Marketing and Sales (Part 1)
Managing Technology: An Example
| A couple of weeks ago, I discussed how a manager needs to be able to evaluate results from complex computer calculations with simple analytical models.
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by Jack Marino | June 29, 2009 | Comments (0)
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Managing Innovation
| The key to managing a successful engineering activity or department is to manage the innovation of the key members of that organization.
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by Jack Marino | June 22, 2009 | Comments (0)
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Managing Engineering and Technology (Part 4)
| Last week, we discussed a time when much engineering was done with slide rules.
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by Jack Marino | June 15, 2009 | Comments (0)
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Managing Engineering and Technology (Part 3)
| Transient heat-transfer problems are not easily solved without applying complicated differential equations.
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by Jack Marino | June 8, 2009 | Comments (0)
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Managing Engineering and Technology (Part 2)
Managing Engineering and Technology (Part 1)
| I spent a great deal of my career in the industrial heating business managing an engineering department.
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by Jack Marino | May 25, 2009 | Comments (0)
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Making Effective Decisions on the Future of Your Company
| A decision is basically a judgment. One tends to assume that decisions are based on facts, but that is rarely the case.
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by Jack Marino | May 18, 2009 | Comments (0)
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The Effective Executive
| "To properly address the new paradigms you will need to be an effective executive."
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by Jack Marino | May 11, 2009 | Comments (0)
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The Coming New Paradigms
| It has to be fairly apparent that the end of this recession is going to usher in a new age for energy use.
|
by Jack Marino | May 4, 2009 | Comments (0)
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Additional Roles for Management in a Recession
| After you have made all the cuts in staff and budgets to match the reduced sales volume, what else should management be doing?
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by Jack Marino | April 27, 2009 | Comments (2)
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Layoffs of Older Employees
| Employees older than 40 years are protected from arbitrary layoffs by The Federal Age Discrimination Act.
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by Jack Marino | April 20, 2009 | Comments (0)
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Other Useful Cost-Cutting Ideas
| Times of crisis are great opportunities to reflect on what we do and how we do it.
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by Jack Marino | April 13, 2009 | Comments (0)
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Temporary Layoffs
| Temporary layoffs, sometimes called furloughs, are a very good way of controlling costs with minimal disruption to the longer-term goals of the company.
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by Jack Marino | April 6, 2009 | Comments (0)
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Permanent Layoffs
| The new business plan must obviously address the cost of labor, both direct and indirect.
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by Jack Marino | March 30, 2009 | Comments (0)
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Developing an Alternate Business Plan
| We all make the three- or five-year business plan showing our company’s growth when times are good. Rarely does a plan forecast a downturn where sales and profits will be dramatically reduced.
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by Jack Marino | March 23, 2009 | Comments (0)
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Managing in Difficult Times
| What are the key issues management needs to address?
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by Jack Marino | March 16, 2009 | Comments (2)
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