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Summary of Thinking in Systems by Donella Meadows: Part 1
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From the Editor, Diana Wright Introduction Definition of a System The Path to Solutions To get your own…
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Say This if Your Prospects are Indecisive
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Most people will agree that, unless you’re acting impulsively, before making an important decision, you think things through…
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One of Your Five Profitability Ratios Might be Too High
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As the name suggests, profitability ratios help you understand how effective your company is at generating a profit.…
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How Reciprocity is Used to Control Our Behavior
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The reciprocity rule says that we should try to repay, in a similar way, what another person has…
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How to Create a Cash Flow Statement
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Here are a few questions for you: Why look at cash flow as a key measure of the…
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Can You Handle Crucial Conversations Well?
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A crucial conversation is not limited to one that takes place when presidents, prime ministers, kings, and princes…
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Cash Is Not the Same as Profit. And You Need Both.
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Alright. We’ve already seen how profit is not always the same thing as cash. So, now let’s look…
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Profit is Not the Same as Cash. And You Need Both.
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As a business owner, it’s probably no secret that one of your main goals is to make a…