Posts tagged " Terach "

Forged in Steel

November 13th, 2018 Posted by Thought Tools 28 comments

You may have heard of the possibly apocryphal tale of the Detroit manufacturer of buggy whips early in the twentieth century.  Although he heard rumors of a newfangled horseless carriage that some chap called Ford was building down the road, he made no changes to his profitable business.  Needless to say, he was soon out of business.

When steel eventually was discovered in the nineteenth century and began to replace cast iron, a vast part of American and British wealth that lay in the many old-fashioned foundries and iron-casting operations was tossed aside as these now obsolete operations were destroyed and replaced with early forms of steel-making furnaces.  Then Englishman Henry Bessemer invented the Bessemer converter and made possible the economical manufacture of steel, which quickly replaced cast iron as the building material of choice for bridges and other constructions.  All the earlier furnaces were scrapped and replaced with the faster and more efficient system. 

Later, the Bessemer converter itself was replaced with the Siemens Open Hearth Furnace, which in turn was replaced in the middle of the twentieth century with the Electric Arc Furnace.  Innovation, even in the mature steel industry, is not over.  Mini-mills are famously encroaching on larger and less flexible operations many of whom have scrapped their plant and replaced it with several mini-mills.

We all must recognize that change is an inevitable necessity in business.  Regardless of exactly how we serve our fellow humans, we need to wake up every weekday morning asking ourselves, “How has my world changed since yesterday?  What should I be doing differently today?”  In business, we look towards the future.  Tomorrow will be different; embrace it.   

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Did You Respond ‘Yes’?

June 27th, 2017 Posted by Thought Tools 19 comments

Here is a quick yes/no quiz which will reveal important information about your personality:

  • Do you occasionally make thoughtless remarks which you later regret?
  • Are you usually concerned about the need to protect your health?
  • Is it normally hard for you to own up and take the blame?
  • Do you sometimes resent the efforts of others to tell you what to do?
  • Do your past failures sometimes worry you?
  • Do you have a small circle of friends rather than a large number of acquaintances?
  • Do you sometimes find it difficult to express your emotions?
  • Would the idea of making a complete new start cause you any concern?
  • Do you find it challenging to ‘start the ball rolling’ at social gatherings?
  • Do you ever find yourself wondering if anyone really cares about you?
  • Are there any things about yourself on which you are a bit touchy?
  • Do you sometimes put off doing things and then discover it is too late?
  • Do you ever feel that your age is against you (too young or too old)?

Finished?  Now, how many times did you answer ‘yes’?  More than 3? More than 8? What! You answered ‘yes’ to more than 10 of the questions? Well, then you clearly need to purchase our special program for social stragglers available at a special price of only $10,000.  (Just joking)  The above questions came from a Scientology questionnaire but they resemble the questions often crafted by hucksters of all kinds trying to prey on our all too human weaknesses.

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