Comments for CEO Tools Blog

Comment on Ten Ways to Capture Niche Opportunities! by Paul Welch

Paul Welch — Fri, 04 Jun 2010 06:28:01 +0000

After attending Kraigs vistage day in London the key failure is the follow up action. I recently attended another event in London where they got each person to write down the three action points on a card. The presenter then collected the cards and they will be posted back in 3 weeks time.

To make sure you took action you also had to walk and introduce yourself to another individual and tell them what you were going to do and by when. That person then has to call you in three weeks to make sure you took action.

This may help you.

Comment on Lightening-Rod Links to Key Indicator Websites by Kraig

Kraig — Sun, 07 Feb 2010 16:00:12 +0000

Hey, I’m commenting on my own blog, but we’ve added http://www.bls.gov/data/ as a great key indicator source for unemployment and productivity – but remember, these are Government-reported numbers…

Comment on Customer Survey: Great Example! by Rose Grabowski

Rose Grabowski — Fri, 29 Jan 2010 14:29:26 +0000

Kraig,

Our pleasure!

Comment on New Tools for 2010 and Cash Ain’t Cash by Jon Gauthier

Jon Gauthier — Mon, 25 Jan 2010 14:32:20 +0000

Kraig,

Great point in your recent article on cash management. Credit is no longer cash! The fine print on any line of credit states that the lender can reduce or revoke the line of credit, or possibly require immediate repayment of drawn funds. You don’t find such small print on a twenty-dollar bill! (Or a checking account balance, for that matter.)

Jon

Comment on Customize & Track Your Economic Indicators by Bud Mingledorff

Bud Mingledorff — Sun, 20 Dec 2009 23:13:00 +0000

Kraig: Thank You for locating these links for the rest of us. I agree with the comment from Bud Carter that the debt calculator is sobering to say the least.

I have also signed up for the Econoday Email updates.

Bud Mingledorff
Mingledorff’s Inc.

Comment on Customize & Track Your Economic Indicators by Bud Carter

Bud Carter — Thu, 17 Dec 2009 20:37:19 +0000

Kramers’ web site is rich with content offering bottom line impact.

And while the debt calculator is soberijng, it’s message is clear.

Would not have been aware of the Econoday service had Kraig not commented. Have already signed-up for their daily email.

Bud Carter
Businessquotes.com

Comment on Great Stock Market Principles by Reverse Merger

Reverse Merger — Tue, 09 Jun 2009 04:20:14 +0000

Great information, I will be linking back to you and going to look around at your other posts.

Comment on CEO-to-CEO –> Success! by Tom

Tom — Sun, 03 May 2009 16:28:41 +0000

Awesome post!

Comment on Better Your Business – Three Tools by John Smith

John Smith — Tue, 07 Apr 2009 20:59:43 +0000

Hi Kraig,
We’ve had a couple of great successes recently that I want to share with you.

1. Collections – for a customer who was at 180 days with no hope of improving we wrote up a separate, collateralized note. We moved all of the old debt to the note with small, weekly payments that spread out for the next 3 years. That allowed us to get the customer back to terms. Now that we are back to terms we don’t allow the customer to go past due even by one day. We receive the weekly payment for the loan and invoices get paid on time. It solved a problem that we were fighting for the past 12 years. All that the customer really needed was some structure.

2. Employee Motivation – In 2008 we came out with a “Company Coin”. I based the idea on the “General’s Coin” that soldiers receive from a General for doing something great. Our coin has our logo on the front. Each year we will change the back to show the one thing that had the biggest impact on the company. It might be a new machine, a product that we made, etc. We use these as “Challenge Coins” to determine who does the dirty jobs, etc. This has been a huge hit. You can find out more info about the coins at http://www.montereycompany.com

Thanks for all of your tips and charts. We get things done at Package Right because we measure them!

Comment on Concentrate on Cash, Corral Credit by ceotools

ceotools — Wed, 11 Feb 2009 03:47:10 +0000

Hey Bob — Great to hear from you and hope your book is doing well! Sending you the PDF in a separate email. Very best, Kraig