Since it wasn’t cold enough in Chicago, the “Kraemer Gang” (as usual) drove up to Minnesota to spend Christmas with all of our Jansen and Kraemer relatives — always a fantastic time! Luckily, the day after Christmas, as the Minnesota temperature descended to negative 10 degrees (that doesn’t include wind chill), we all flew down to Sarasota — resulting in
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As the former CEO of a multi-billion dollar company and a business school professor at Northwestern Kellogg, I definitely understand the concepts of efficiency and economies of scale. I also realize the benefit of leveraging operating expenses and improving the operating margin. Yup, that all makes sense. However, as two recent incidents reminded me yet again, too many businesses take
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As many of you know (and as I have blogged in the past), I have been doing a three-day silent retreat up in Lake Elmo, MN (near St. Paul, MN) every year at the beginning of December for the past 30 years. This year it is Dec 7-10. My father-in-law explained to me many years ago that this timing was perfect, and I gradually came
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