Effectiveness of Rules and Regulations in Achieving an Organization’s Mission

What’s the importance of rules and regulations in an organization? Except for rules and regulations mandating ethical and legal behavior (a code of ethics), why do so many rules and regulations exist in business and other entities? How effective are they to achieving the entities vision and mission? Several companies have many rules because they […]

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Tax Reform Should Encourage Job Creation Not Penalize Job Creators

Tax reform should encourage sustained job creation. Thus, governments should not tax retained profits (undistributed profits) but allow firms to use profits to reinvest, create jobs, help to grow the economy, and pay dividends. In turn, governments will tax additional salaries, wages, and dividend payments. Besides, allowing businesses to keep retained earnings tax-free will help […]

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Board of directors in NonProfit Organizations – Choosing Members

The primary role of the board of directors of an entity is to steward owners’ investments in that entity. I served on several boards of directors in many countries representing former Alcan Inc. Some were publicly listed, such as our affiliated companies in Japan (NLM) and Malaysia (Alcom). Others were non-public subsidiaries in Australia, Bermuda, Brazil, Canada, China, India, Jamaica, […]

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Solution-Driven Marketing Themes 

Solution-driven marketing can reshape a firm’s view from product or money focus to  customer-needs’ focus. Solution-driven marketing applies to every organization—profit, and not for profit. A key challenge is to change customers’ wants to valuable needs. In the long run, this will provide significant value to the firm, too. Solution-Driven Marketing Has Four Distinct Parts First, […]

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Are Students their Universities or Colleges’ Customers

Are university or college students customers of their institutions (subsequently I refer to college and university interchangeably)? I am not referring to a student-as-customer’s movement that attempts to hike revenues by lowering standards and pandering students. That approach merely compromises the college’s mission, vision, and values while enabling entitlement-minded students; I disagree with it. Instead, I […]

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