Tag Archives: business

Disasters

Foodie Friday, and the topic is disasters. Like anyone who does a fair amount of cooking, I’ve had my share of disasters in the kitchen over the years. No, I’m not talking about the time I dropped a full pot of soup on the way to the fridge. I mean those times when the best-laid plans of the cook, as Robert Burns said, gang aft agley – often go awry.

In my case, there is a seafood sausage that has become the stuff of legend amongst those who were (un)fortunate enough to have seen it made and attempted to eat it. There was also the time that egg rolls refused to stay rolled and sent the cook (that would have been me) into a utensil throwing rage since I was cooking for my new bride and my parents and was pretty embarrassed.

There is a business point within my true confessions today. First, each of these things was a learning experience. Second, each has become a story that’s been retold over the years. While our main goal in business shouldn’t be to avoid being a bore at cocktail parties, having a few self-effacing tales in your repertoire isn’t a bad thing. The bigger takeaway is the first point.

Disasters are often the result of pushing the envelope. Hopefully, they don’t originate in sloppiness or willful ignorance or haste but rather is boldly going where you’ve never gone before, whether in the office or in the kitchen. When we fail in the latter venue, there is always some take out food we can get to serve. When we fail in the office, we can use the experience to rethink how we plan, how we prepare, and how we execute so that it becomes a teachable moment and not a complete waste. Besides – you just got another great story to tell at the party where you’re celebrating your company’s latest success!

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Filed under food, Helpful Hints

Slow Play

Another Monday, another golf-related rant. But as with most things golf-related, there are points to be made about life well beyond the links.

An animation of a full golf swing displaying t...

(Photo credit: Wikipedia)

I played a couple of rounds over the weekend (you’re surprised, right?) and both were slow. By slow, I don’t necessarily mean any specific time. It’s more about the general pace of play when compared to the conditions. I also accepted something I have learned about younger (Millenial) golfers. Both have implications for your business.

I’ll admit upfront that I play more quickly than many golfers. I also tend to play early in the morning when the course tends to be empty. When I play 18 holes by myself, it generally takes about two and a quarter hours; two and a half if I’m stinking it up. My regular Sunday game with another gentleman takes up about 2:45 to 3 hours. My regular foursome used to take about three and a half hours. Those are fast times but they’re also times made by doing a few simple things. Keeping up with the group in front of you. Being ready when it’s your turn and not waiting for someone else to hit if they’re behind you but looking for their ball. Lining up your putts while someone else is putting, parking the cart so you never have to walk backward to it, and a few other things that make a few seconds’ difference that add up to many minutes saved in a round.

So what have I learned about many Millenial golfers? I play with them all the time and they are slow. I hate to generalize, but they are. Rather than socializing while traveling between shots, they stand on the tee, staring at an empty fairway, and talk rather than tee off. They are very polite and allow the golfer farthest back to hit even if that golfer isn’t ready. Why aren’t they ready? Another thing: they take forever to make up their minds. They take multiple practice swings. They park both carts together to watch someone hit rather than splitting up, dropping one golfer by their ball and moving on to be ready. In short, they’re not focused on making decisions and on getting things done, and because of that, they fall behind. We played in over four hours yesterday and were never held up once by anyone in front of us. Arrggghh….

What does this have to do with your business? We need to do what faster golfers do. We need to assess the situation, make a decision, and go. We can’t wait on others, we can’t take forever to think, we can’t make endless practice swings (read that as internal meetings and discussions). Golfers have GPS devices and laser yardage readers to help them know where they are on the hole. Businesses have analytics, financial data, and staff meetings.  I’ve yet to play with any golfer who played better because they lollygagged around the course nor have I met many businesspeople who were more successful because they fell behind.

Golfers find a rhythm as they go and so too do businesses. Slow play disrupts that rhythm whether it’s golf or business. The PGA Tour assessed its first slow-play penalty in over twenty years yesterday, this despite 5+hour rounds being routine on tour. That’s ridiculous (and a bad influence on young golfers!). Let’s all speed it up on the course and in the office, ok?

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Filed under Reality checks, Huh?, Thinking Aloud

Sampuru

This Foodie Friday, the topic is sampuru. No, you probably don’t call anything by that name but you’ve seen it. It’s the fake food you often see in the lobby or window of Japanese restaurants. Great sampuru is incredibly realistic and can negate the need even to look at a menu. Like many seemingly simple things (such as making the rice for sushi), sampuru artists require years of training.

Typically for this space, as I was thinking about sampuru, a business thought came to me. Fake, plastic food has its business counterpart although they’re not called sampuru. I call them empty suits, but I’m not sure we should limit the term to people.

Your typical empty suit, like great fake food, gives the appearance of being real and nourishing. The reality is that they look great but can be toxic if ingested. In fact, I think they’re easier to spot than great sampuru. Ask an empty suit for an opinion and it will either be the same as either the boss’s or of whomever in the room they’re trying to please if they have an opinion at all. You see, empty suits rarely have enough knowledge about a topic to give a well-reasoned opinion about anything. They may rattle off a number of industry buzzwords but if you try to dissect what it is they’re saying it becomes obvious that, as Gertrude Stein said about Oakland, there’s no there there.

Oddly enough, I think entire businesses can be sampuru. Coincidentally, I ate at a Japanese restaurant the other evening that I would call an empty suit. It looked fine – a sushi bar, teppanyaki tables, etc., but the food was nondescript, the service was lackadaisical, and the teppan chef I saw was just barely going through the motions. It was a sampuru – a plastic model of a business that looked like the real thing but wasn’t even close to being it.

We need to make sure our businesses don’t fall into the trap of being sampuru – of looking like we’re fresh and flourishing when, in fact, we’re dead and toxic. As executives, we need to stay informed and not be afraid to offer our own opinions about things. We’ll be wrong sometimes but by being true to ourselves maybe we’ll also advance the conversation to new, more profitable ground. You with me?

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Filed under food, Thinking Aloud

Dreaming Again

I’ve posted what follows each year for the last few on the days we celebrated the birthday of Dr. Martin Luther King. This was written in January of 2009 as we prepared to put President Obama into office. Last year I expressed my disappointment that we hadn’t come further over the last few years, given the election of our first African-American President. Like many, I’m doing my best to remain hopeful for the immediate future, despite some troubling incidents. But we keep dreaming, right?

Dr. Martin Luther King at a press conference.

(Photo credit: Wikipedia)

Last week was actually Dr. King‘s birthday but since we’re celebrating it today I thought I’d add my two cents. I’m old enough to remember him and while he didn’t light the fire of the civil rights movement in the US (I’d say Rosa Parks is that hero), he certainly brought the fire to life and tended it well until his assassination (and I remember that as well – how horrible a day it was!).

What inspired me, a young (then) white kid was his notion of bringing a dream to reality. OK, the words and delivery were pretty inspirational too, even when you read them off a page. Yesterday the Inauguration Committee had a concert on the very place where Dr. King gave his “I Have A Dream” speech to celebrate, nearly 46 years later, a big piece of that speech coming to reality. One can’t help but wonder what Dr.King would have felt and said – he certainly should still be alive – he’d just be turning 80.

Robert Kennedy said “There are those who look at things the way they are, and ask why… I dream of things that never were, and ask why not?”  I think that’s great business advice as well, even if George Bernard Shaw had the notion before Bobby.  Mark Twain wrote that Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.

So today, I celebrate Dr. King’s dreaming of a better world and making it happen.  Tomorrow, we can watch it become real.  What are you dreaming of?  Can it be real?  Why not?  Or better – why not!!

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Filed under Growing up, Reality checks

Tastes And Trends

Foodie Friday! This is the time of year when there are all sorts of articles written about the best and worst of the previous year along with some predictions for the upcoming one. Food writers go along with this, of course, and I was reading a piece on some predictions for food trends in 2017. The predictions range from many foods with breakable crusts (think along the lines of creme brulee) to mixed use restaurants (co-working space by day, eatery by night) to more complex vegan food.

I must admit that I’m not really one who pays attention to food trends. For example, a friend taught me a chopped kale salad (finely chopped kale, arugula, toasted pine nuts, some grated parmesan cheese, EVOO and a squeeze of lemon!). It has become a staple on my dinner table. It’s not there because kale was trendy at one point or even because it’s particularly healthy. It’s there because it’s delicious. Which is, of course, the business point.

Do you buy heirloom tomatoes because they’re en vogue? Will you buy bread made from heirloom wheat because you want to impress your friends? The answer to those questions is a firm “no.” You buy those things because they taste better than many alternatives, even if they might cost a little more. No one repeatedly patronizes our businesses because they want to be a style maven per se. Sure, if you’re selling this month’s fashion there is a segment of the population that needs the ego boost of wearing the latest thing. But as with the puffy shirt episode of Seinfeld, style or trends can be fleeting. Customers want reliability and great value as you solve their problems.

As I’m writing this I’m realizing that many of the things I like in this world – foods, musicians, golf courses – tend to be classics that have endured over time. I’m also realizing that many of the businesses I patronize – even if they’re relatively new – have the characteristics that are eternal in business. They put the customer first, they deliver great value, and I can rely on them to always deliver what they promise and more. That’s a trend that’s always in fashion.

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Filed under Consulting, food, Thinking Aloud

Where Do Business Ideas Come From?

I participated in a business forum last week for veterans who have separated from the service and are looking to start businesses. One question that came up is about the origin of business ideas. Where do business ideas come from? Why do businesses fail? What are the best businesses to start?

Gnomes' three phase business plan

(Photo credit: Wikipedia)

There were a number of folks like me in the room who tried to provide some answers and perspective. I think where we all came out was that the best business ideas are those which solve a problem worth solving. How does one know if it’s worth solving? Well, if it’s a problem that only you have, it probably isn’t. If a lot of people have this problem you then might have a market. If it’s a problem that keeps needing solving, then you have a really good market. If people care less about the cost of solving the problem than they do in just getting it solved, you have an excellent market. And if you’re the only one with a solution that solves the problem in a way where the cost to do so is outweighed by the value you’re providing, you just might have a great business idea.

It was interesting to hear the responses as we went around the room and heard about the businesses these veterans either had started or were contemplating. Many fell nicely into the paradigm, above. In some cases, they needed help expressing their idea succinctly and clearly and in a way that demonstrated they understood the problem they’re solving and the market presented. A couple stood out as being fantastic ideas while a couple of others clearly needed more refinement and thought.

I’d encourage you to try that exercise. What problem are you solving? Is it a problem shared by enough people to make it worth solving? Who else is solving it? Why is your solution better? With those answers, you’re well down the road both to a solid business plan and to finding people who will invest in making that plan a reality. You in?

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Filed under Consulting

Dead Wrong

There are a lot of lessons to be learned from the events of the last couple of days and not all of them pertain to our politics. One question I think I hear from people who fall all across the political spectrum is “how could almost every prediction be so wrong?” After all, putting aside the prognostications of loyalists on either side, none of the pollsters and data-based predictors got this right.

I’m not going to go into the politics but we can learn some valuable business lessons here. I’m not sure this was a case of garbage in, garbage out. That said, it’s clear that the legacy systems from which samples are drawn such as calling landline telephones are not accurate anymore. The real issue is one that I think we have in business, though, which is the inability to tell the difference between “good” data and noise. More importantly, we tend to rely on faulty data to the exclusion of both external factors and our own common sense. We like to tell stories that can be believed, and that happens when the stories echo popular beliefs. We focus on things that have happened already and in so doing we often miss subtle undertones that tell us what went before may not indicate what will come next.

We also suffer from the echo chamber in business. We talk to our coworkers and reinforce faulty information. We tell the tales that our tribe shares and miss those from the outside – the other tribes.

I was just as bad as many of you on Tuesday. I said more than once “unless every poll is dead wrong, it’s going to be a short night.” Well, they were and so was I. While the pollsters will have to wait 4 years to show they’ve learned how data can’t be the only thing we consider as we make decisions about the right path, you get that chance the next time some information crosses your desk. Take it!

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Filed under Consulting, Huh?