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The 800# Gorilla gains a few more pounds!

You heard it here first. On April 21st, VSP filed to acquire a "Vision Care Company" for 700 million big ones.  What Vision Care Company has a $700 million worth?  Who might VSP be acquiring?  Also, interesting to note on VSP's financial statements that they've a net worth (that's book value, not market value) in…

VSP – The 800# Gorilla

Definition:  800# Gorilla - An overbearing entity in a specific industry or sphere of activity. A seemingly unbeatable presence always to be reckoned with; whose experience, influence, and skill threatens to defeat competitors with little effort. Fact:  VSP proudly communicates that the company has been voted "100 Best Companies to Work For in America" by…

Stop Painting the Wall!

Many of you have heard me repeatedly use the comment..."that's a strategic decision." Sometimes, you question me..."Al, I don't get it...what's the difference between strategy and tactics." Simply stated: Strategy is an integrated set of choices which positions your practice so as to create sustainable advantage relative to your competition and deliver superior financial results.…

InfantSee provides a business lesson

Go to the AOA's InfantSee website (www.infantsee.org) and you'll hear former president Jimmy Carter tell the public that "two of my grandchildren suffer from vision problems that could have been prevented had they been given an eye exam as infants."  He appeals to consumers to take their babies to an optometrist so that the most…

Opening up to the Opportunities

I just returned from the "Gathering of the Games" in St. Louis.  This is the national meeting of companies that embrace open book management.  When my CFO and I arrived at the St. Louis airport, I rented a car to go to the hotel.  This is not my normal modus operandi, but I thought I…

It’s about Attitude

I just returned from a Strategic Review retreat.  During our meeting with this client and his wife, I learned that they had had a $26,000 day just the week before.  That's a big day for anyone.  But what amazed me was that this particular practice is located in a county with 6000 people.  That's not…

I bet you can!

I'm vindicated. A few weeks ago, I had a discussion with an eye care industry publisher who told an audience of industry leaders "let's face it, eyewear is just a prosthetic device."  I argued that words like those set the industry back by twenty years.  Ours is an industry just waiting to "pop" I said,…

Independent ODs

Industry-wide Growth is Flat but Independent ODs Don't Need To Accept Mediocrity. Performance of Cleinman Performance Network Members Refute Industry Study. Oneonta, NY -- A recent study completed by Jobson Medical Information and the Vision Council of America found that total vision care market sales from 2006 to 2007 were virtually flat. Alan Cleinman, President…

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