When Increasing Capacity Becomes a Priority

One Sunday morning, a homeless woman at a traffic intersection was approaching cars and begging for alms.  Some drivers give but most don’t.  But the woman persists anyway; she shows a sign saying she’s homeless and asks for money for food.  I thought as I observed the homeless woman:  if the government could spend soContinue reading “When Increasing Capacity Becomes a Priority”

Owning versus Managing: What’s the Difference?

Do you own the business or do you manage the business?* A senior member of the board of trustees of a high-rise building walked into its administration office and asked the accountant there to order parts for a diesel generator set.  The senior board member believed that the generator needed a minor repair and notContinue reading “Owning versus Managing: What’s the Difference?”