The Laws of Profit
Many of nature’s laws have been explicitly recognized and named. Others have not, but they demand adherence just the same. I was surprised when my Internet searches came up empty for any reference to the “law of profit.” I suspect life’s dependence on profit is so obvious that it has escaped formal definition, until now. Based on observation and simple logic, three corollary natural laws of profit are as follows: First Law of Profit: Survival of life requires that the sum of life-sustaining gains be at least equal to the sum of expenditures during life-sustaining activities. Second Law of Profit:…
Defining Features
BestPossible is possible - by definition. It is where we should all be heading. It is where we can be given our limitations, resources, capabilities and opportunities. Whatever our company's mission, that mission will be more effectively served by discovering and applying the concept of BestPossible for our increasingly competitive journey ahead. 1. Universal The concept of BestPossible is universally applicable and useful. All companies have ways to improve. They all have to create and execute new plans for advancement. At any point in time, they all have best-possible levels of achievement that are defined by their unique sets of…