Guident Newsletter – February 2018 – Issue 22

Does it matter how the towels are folded? Once in awhile, I get a chance to ride along with a project manager or foremen to visit a job site.  This gets me out of the client’s office and onto a job site, but more importantly, it allows me time to talk with employees in a neutral environment, usually a pickup truck.  On my last ride-a-long, I heard about a business owner who was a micromanager.  He set the policies and procedures for all areas of his company.  Now he has every right to do so, but at times it could be counterproductive. In this situation, I asked the employee how he would change a procedure to improve a problem area we were discussing.  He gave me a comprehensive outline that seemed to have a lot of merits and could improve efficiencies.  I asked if he suggested it to The Boss.  He just smiled at me and said, “When was the last time you remember ‘The Boss’ changing his mind?”  Well, I thought about it, and he did have a point.  The Boss didn’t change his mind often, ok seldom if ever.  I thought about this ride and the lessons the […]

Guident Newsletter – January 2018 – Issue 21

Understanding financials, as easy as riding a bicycle? Imagine being introduced to a bicycle for the first time as an adult. You are told all you have to do is hop on and start peddling, it’s easy! You think about it and you have your doubts. After all, you have had classes on Newton’s Law of Gravity and you understand that the force which caused the apple’s acceleration (gravity) must be dependent upon the mass of the apple. Common sense tells you that with your mass, you will hit the ground hard when you tip either to the left or the right. Yet, you see small children enjoying riding their bicycles without falling. How does this work, the rider should tip and fall, this riding a bicycle just doesn’t make sense. It won’t make sense until you are taught how to ride the bicycle and more importantly until you believe you can balance the bicycle and NOT fall to either side. I am suggesting you think of financials like riding a bicycle, they will not make sense until you are taught how they work and more importantly until you believe you can understand them. I have worked with several artists […]