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Category: Al's Blog

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Unlocking Your Own Vault

In our vision plan/managed care world, with increasing write-offs compounding the challenge of increasing costs, managing cash flow is ever more critical.  Recently, I’ve had several clients lament about increasing Accounts Receivable and, as a result, declining “Collections.”  During these discussions, I outline the “MIS” of collections…namely Management, Incentives and Systems. First, from a management…

Blow Something Up!

It’s near the beginning of the fourth quarter. Of course, by now, you’ve got a good understanding of how this year will conclude. You’ve compared your 2016 plan to your actual performance and have made the mid-course corrections necessary to meet your goals. You’re starting to get an understanding of your 2017 objectives and have…

On Gaining Perspective

Step back for a moment. Take a deep breath. Now ask yourself two important questions. Where am I? Where am I going? If you’re like the majority, you’ve likely never even asked yourself these questions. Like most, if you’re not fooling yourself, you’re simply on the road of life. And your daily activities are largely…

A Message from Dylan

Optometrists are generally a conservative bunch.  You don’t like to rock the boat.  You have the lowest divorce rate of almost any profession (not a bad stat).   You seek a balanced life and camaraderie among your team.  You do business with folks with whom you are NOT strategically aligned because change comes hard.  The majority…

“Yours is not to question why…

…yours is just to do or die.”   You have likely heard these words before, which originate from a military chant.   It’s understandable that the military must operate with a system of command and control.  But, in my opinion, blind adherence to tradition or authority has little place in a business enterprise. Certainly, no firm can…

Hot Off the Press!

I've been a bit quiet for the past few months.  I've been busy.  After five years and lots of hard work by a great team, I'm pleased to announce the publishing of my first book. A Different Perspective: An Entrepreneurs Observations on Optometry, Business and Life Thanks for your support!  

Perspective on the Marriage of Essilor and Vision Source

Before I make comments about this latest consolidation development, I feel obligated to disclose: • I have many friends at Essilor and have had business relationships with them in the past. Our firm does not currently have any business relationship with the firm. • Our firm does currently have a formal alliance relationship with HOYA, and…

Freedom Marches On

I believe in the “law of the marketplace.”  Under that “law,” businesses and professions operate without artificial restrictions (but with reasonable regulation necessary for consumer protection).  Artificial control of one party over another — whether the result of oligopoly, policy manipulation, or special-interest statutory interference — is bad. Competition is good. Competition results in continuous improvement. With fair competition,…

Pac-Man Returns!

As VSP gets firmly into bed with Luxottica resulting from the addition of Pearle Vision as providers, it seems logical that there's a strategy behind the tactic. What might it be? Having closely observed both firms' leadership and the eye care landscape for many years, I offer up the following: • Luxottica just wants to…

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