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Recession = Opportunity

Certainly, there's a recessionn going on.  But my perspective is that this recession, like all before it, spells "opportunity."  And you're reading about that opportunity almost daily as major and minor companies alike go through downsizing.  In the face of all this bad news, it's my belief that many companies use this backdrop to take actions that they might think twice…

Managed Care Math

Here's an interesting depiction that might explain the ongoing struggle over profit margins in the managed care environment.  Perhaps, what ECPs are faced with, is a misunderstanding over basic math. Download Managed Care Math

America’s Economic Problem is Simply Explained

There's much that's been written to explain our current crisis and it's root cause.  While the pundits dialogue about derivitives and sub-prime mortgages; and Washington wrestles over whether our grandchildren need a $1trillion...$2trillion...or $3trillion haircut (plus interest), I think I've figured out what's caused our problems. It's really pretty simple.  Ever wonder why your bank sends…

Our Government at Work???

I was contemplating our country's current financial situation and our government's attempt to figure out a solution.  It reminded me of some poetry that I wrote a decade ago.  Perhaps you'll see the connection and humor...perhaps not.      The Economics of Firewood It started with three deadwood trees, to pros I had to turn; Twelve hundred…

And The Answer Is….

Hand-written sign spotted on employee bulletin board at a Home Depot: THE RIGHT ANSWER IS "YES."  "NO" REQUIRES MANAGEMENT APPROVAL. Whomever posted this sign wins the Al Cleinman customer service award.  While I doubt that it's made it into the corporate training manual at Home Depot, the walk of 1000 miles begins with a hand-written…

This is NOT 1929 Revisited!

It's easy to get caught up in the doom and gloom promulgated by the press.  While certainly we are operating in unprecidented times, it's important to place things in perspective.  I came across this chart which may help you understand where we really are.  There's no doubt that this mess will be with us for a long…

Jack be Nimble!

The numbers are in.  While the U.S. eyecare market contracted a bit in 2008, down a "mere" $500 million, the market share of the independent actually increased.  Congratulations!   But the key question is "why?"  In an environment where chains of all kinds are consuming the independent (clothing, restaurants, technology, etc), why is it that the independent optometrist is…

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