Archive for 'Management Action Items'

What’s Next

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What’s Next

What’s Next?

What’s next?  It’s June 2020.  We have been through the Coronavirus lockdown, murder hornets, and protests/riots/looting.

Sometime mid-March 2020, the Coronavirus rolled into town — and summarily into just about every country around the globe [Although, as of this writing, some healthcare professionals believe exposure may have been much earlier…e.g., in California].

History will reveal the true nature of this pandemic.

  • Was it a natural mutation from a wet market in China (e.g., happenstance)?
  • Was it a mistaken release (e.g., a mistaken release ...
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The Golden Rule

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The Golden Rule

The Golden Rule

You’ve probably heard someone mention the golden rule.  Do you know it?

“So in everything, do to others what you would have them do to you, for this sums up the Law and the Prophets.” – Matthew 7:12

It’s as simple as that.  But, as we say, simple isn’t always necessarily easy.

So, how do we apply this simple, yet powerful rule in our everyday lives?

At Blue Elevator™, we would call “The Golden Rule” a Principle.  And, ...

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Triple B (More Like ‘Quadruple B’)

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Triple B (More Like ‘Quadruple B’)

Triple B

Triple B was not the original title.  I would have preferred to call this article the Three Bs.  But, URLs don’t like apostrophes.  And, calling it BBB would be infringing on the Better Business Bureau’s branding.

Nevertheless, big or small, every business needs to be about the Triple Bs.  And, as we indicated in the title, probably more like four Bs.

Your Vehicle’s Dashboard Gauges

Most vehicles will have the following instrument gauges on the dash board:

  • A speedometer
  • A gas gauge
  • A volt-meter (this ...
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Jungle Fighting

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Jungle Fighting

I remember when I first heard the term ‘jungle fighting.’  It was many years ago.

During my career, I served in various organizations as the Controller and/or Chief Financial Officer, as well as General Manager.

And, I would say for providential purposes, I was called to serve during some very challenging times.  Both, in terms of a company’s development and the overall economy.

It’s Lonely At The Top

I was having lunch one day with the partner of a CPA firm.  I was ...

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A House Divided

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A House Divided

A House Divided

“If a house is divided against itself, that house cannot stand.” – Mark 3:25

Back Story – A House Divided

Many years ago, I was managing a relatively large company.  We had a lot of departments.  We had a lot of managers.

In my immediate case, we were coming out of a turnaround situation and forging ahead, but we were experiencing some turbulence.  We had seemingly committed and focused managers.  The trouble was, for various reasons, sometimes they seemed to be ...

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Completeness

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Completeness

Completeness

It is an audit objective.

As a former auditor for what’s now PricewaterhouseCoopers, we dealt with audit objectives.  These audit objectives were also learned in my Accounting/Auditing classes in business college at California State University, Fullerton.

The audit objectives were also reinforced in the CPA review course.  That is, a CPA examination test preparation course I took from Newt Becker my senior year.

Let’s see if I remember … ECVARP was the acronym Newt used.  Existence, Completeness, Valuation, Accuracy/Validity, Rights/Obligations, Presentation/Disclosure.  But this ...

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Be Thorough

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Be Thorough

Be Thorough

It’s not a word you hear much anymore.  At a quick glance, it looks like the preposition “through.”

And given our society’s propensity for a “point and click” existence, “thorough” is being relegated to the sidelines of business.

But if you want to be successful in life and business, be encouraged to embrace it.

Merriam-Webster defines it as follows:

  • marked by full detail
  • careful about detail
  • complete in all respects
  • having full mastery (as of an art)

Being Thorough – A Practical Lesson

I was exposed to the ...

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Write It Down

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Write It Down

Write It Down

If you have landed on this article, welcome!  The introductory article is titled WDF – A Three Part Series.

In this article, we discuss WW helps us remember to Write It Down.

Setting The Stage

I remember my first day of real professional work at the Big 8 accounting firm, Coopers & Lybrand – now PricewaterhouseCoopers (The Big 8 was a term used in the 1980s to reference the world’s 8 largest accounting ...

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Sweet Tea and Economics

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Sweet Tea and Economics

Sweet Tea and Economics

This article could have also been titled A False Sense of Security.  But hopefully you’ll understand the title selection in a bit.

Sweet Tea

When I was a kid, I would enjoy an annual pilgrimage to my parent’s home state – Arkansas.  I would enjoy my grandmother’s freshly-boiled sweet corn, french fries, fried okra, and all other types of Southern comfort food.  But what I didn’t enjoy so much were grandpa’s fresh shot, squirrel and dumplings.  I didn’t like ...

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Simple And Easy

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Simple And Easy

Simple And Easy

I am constantly entertaining the tension between two words: simple and easy.  At face value, the two words would appear similar.  Synonyms.

But they are not.

As we grow in business and life, these words begin to carry more impact.  Easy could mean simple.  But simple doesn’t necessarily mean easy.

In actuality, these words couldn’t be more different.  In fact, they could be antonyms.

A True Story

Once upon a time, there was a valiant soldier named Naaman.  He was the commander of ...

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