Business 300

The game of inventory is a balancing act, if there ever was one. If your business revolves around products anywhere on the supply chain – from production, through wholesaling, to retail – inventory management is a part of your business plan. What parameters should you have for inventory management?

The post Ep. 112 – Playing The Inventory Game first appeared on Philip Kulishov.

Nobody cares about the business like the owner does. The owner see and knows that. And usually it frustrates him. He cares about it, so he wants others to care about it too. He wants his employees to care about the well-being of the business. But is that a reasonable outlook? Is it good?

The post Ep. 111 – Your Business Is Not Your Employee’s Baby first appeared on Philip Kulishov.

The size of your business affects how it should be run. You can have a relatively small business, or a relatively larger one. And if you attempt to manage either one as if you were managing the other one, it wouldn’t work. When it comes to structure and systems, size matters.

The post Ep. 110 – Size Matters first appeared on Philip Kulishov.

Your goal is not to make our customers’ experience with you exciting and unpredictable. You want your customer’s experience to be boring. And even though doing the work might be exciting, that’s also not your goal. Even inside your business, your goal is to make things boring. You want a boring business.

The post Ep. 109 – You Want A Boring Business first appeared on Philip Kulishov.

Your organization needs a lot of things to get done simultaneously. So, each functional department has its own work to do, and is focused on its local efficiencies. But what’s missed in this approach – and most often is in competition with it – is the Global Objective. How can you optimize to meet our […]

The post Ep. 108 – The Global Objective first appeared on Philip Kulishov.

The need to balance autonomy and control is prevalent in nearly every area of our life and business. We want and need the freedom to explore and play and hunt. And, we want and need the security that comes with predictable stability. Our customer and employees value the same sort of things when interacting with […]

The post Ep. 107 – Balancing Autonomy & Control first appeared on Philip Kulishov.

How the people in a business are organized and how they interact with one another affects how that business serves it’s customers. That’s another way of saying: structure enables strategy, and your purpose directs them both.

The post Ep. 106 – Structure Enables Strategy first appeared on Philip Kulishov.

The more people are involved in your business, the more disorder will manifest. It’s better to maintain order as you move along, than have to fix it all later. But, what does that mean? How do you do that?

The post Ep. 105 – More People, More Disorder first appeared on Philip Kulishov.

There are times when our business falls into a sort of disorder, and we need to perform a turnaround, or overhaul, if you may. But nothing is ever so bad that you can’t make it worse. What kind of approach ought one take when working through a business turnaround?

The post Ep. 104 – Business Turnarounds first appeared on Philip Kulishov.

Even though I don’t like the term “Fake it, ’til you make it,” I do understand some of the intent behind it. But I don’t think the best name for that sort of entrepreneurial mindset is “Faking it.” Entrepreneurs aren’t faking it. But they are failing. What’s that about?

The post Ep. 103 – Fail ‘Til You Succeed first appeared on Philip Kulishov.