Back to Basics

Business Basics

I started out doing consulting by forming BASIC Management Group.  The focus being that a solid business needed to be grounded in basic business fundamentals. Recalling what has happened in the past few weeks, BASIC developed during a significant economic cycle in the late 70’s, early 80’s. The cause of what has just occurred in the financial world has been:

  • A deviation from sound business practices
  • Lack of ethics/morals
  • Flawed leadership

I am sure there will be countless theories about this whole mess. I have confidence that the pendulum of reason will swing back to a sensible level of balance.

Enterprises/organizations of all kinds will encounter plenty of challenges.

The foundation for success will always be business basics.

One thought on “Back to Basics

  1. A basic of my public relations/media consulting career was “when all else fails, tell the truth”. I’m still waiting for our politicians to follow that basic.
    Woody

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