Appreciating what it takes to make a “creating transferable wealth” transition requires a clear understanding of its fundamental components—leadership and management. (more…)

by Art McNeil

Performing activities at home, at work or in the community; without the active use of your imagination, relegates you to engaging life as a human doing, rather than a human being. The psychoanalyst Sigmund Freud assumed the primary human drive to be the pleasure experience. Pleasure is a chemical process brought on by endorphins released when the body sheds tension. For example, food eases the hunger tension, creating a pleasurable sensation that hopefully, will encourage you to eat again. The tension/pleasure process is nature’s way of promoting essential functions that preserve us as individuals and as a species. (more…)

by Art McNeil

Companies achieve market dominance by introducing innovative products or adopting a unique way of doing business that their customers perceive as adding value. A timely innovation often changes the rules of the game and creates a barrier to entry for the competition. But success associated with a major innovation is not achieved because of market impact alone. If the innovation is sufficiently powerful, congruent patterns of behavior form around the breakthrough and the innovator evolves a supportive corporate culture*. As the innovative company adapts to capitalize on its advantage, the cultural alignment creates focus and clarity of purpose. Profit is realized because alignment fosters operating efficiency. Compatible ideas, products, and decisions are embraced, while the ‘out of the box’ suggestions of nonconforming challengers are rejected. (more…)

by Art McNeil

What’s your end game?  Business owners seldom have an answer to that question—they usually lament about being too busy to even consider possibilities.  It’s an undeniable fact that your game will end.  Will you sell the business…turn it over to the next generation…or perform a daily grind until you die—leaving your family and the government to sort things out? (more…)