October 27, 2011 · 10:59 am
Not surprisingly with the weekend approaching, your writer’s thoughts turn to golf. Every golfer who plays regularly should have a handicap index. This is probably the most misunderstood statistic that golfers use. The short explanation is that for every round one plays, you (or a computer, usually) figure out the stroke differential between what you shot and the stroke rating of the course. You adjust that for something called the slope rating (a measure of how difficult the course is relative to other courses) and add it on to your list. Your handicap index is 95% of the average of the ten best (lowest) adjusted stroke differentials of your last twenty rounds. Clear? Good, because it’s a great business lesson too.
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October 21, 2011 · 8:57 am
To end the week in our usual food-themed way, I want to talk about a piece of advice I was given a long time ago. I thought it concerned shopping and it turns out it’s important business advice as well. I’ll admit that it was given to me in a different time, when much of the food didn’t come from a supermarket the size of several airplane hangers. Shopping involved going to the butcher or the cheese store as well as the larger store where one would get grocery items and the advice was to make friends. Despite the change in store sizes, it’s still great advice for shopping and business. Let me explain.
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Filed under food, Helpful Hints
Tagged as business, Business and Economy, Butcher, Cheese, Grocery store, life, life lessons, management, Shopping, Strategic management, Supermarket, teamwork
October 14, 2011 · 10:36 am
This Foodie Friday, I want to share something I discovered from my grandmother, who knew very little about cooking and even less about business. Nevertheless, I came upon something the other day which is instructive in both areas. We bought a GroupOn to have some videotapes transferred to DVD and are in the process of going through the old stuff to make sure that what we’re sending isn’t just hours of babies laying about (which a lot of it is, not surprisingly). At one point during some family gathering, my grandmother is asked about making matzoh balls and how she did it. The answer? Continue reading →
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Filed under food, Growing up, Thinking Aloud
Tagged as business, business thinking, cooking, life, life lessons, management, managing, Matzo, Passover Seder
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