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| Much has been written about the use of technology as a force for significant productivity improvement in businesses large and small. But once you’re dependent on it, what do you do when it’s not available?
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| Posted by Don Bloom at | | | |
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| To minimize the risk of software updates, larger companies actually set up test environments to apply them and review the impact on daily operations. The smaller the business, the less practical this approach is since it requires significant expenditure for IT and Human resources. So how can a small company reduce the risk of applying the software patch that comes with its own problems, making things worse, rather than better? |
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| Posted by Don Bloom at | | | |
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| What is it about “risk” that makes it so hard for people to evaluate?
I've thought about this for a long time, but it came to head recently while listening to a conversation about, of all things, lottery tickets. Here's the simple scenario – People pay for a lottery ticket in the hopes of winning prizes, even though the probability of winning is extremely low. |
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| Posted by Don Bloom at | | | |
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| I don't think very many business owners would disagree that when you hire an employee you expect them to do or produce something of value. In effect, as a business owner you are investing in the new employee and want a return ... |
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| Posted by Don Bloom at | | | |
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| A few of months ago was the 130th anniversary of Alexander Graham Bell's first successful experiment with the telephone. On that fateful day in 1876 ... |
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| Posted by Don Bloom at | | | |
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