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The Debt Ceiling and Default

  The easiest way to spark a financial crisis and wreck the US economy would be to allow the federal government to default on its debt. It would be an epic, unforced error and millions of Americans would pay the price. And yet that unlikely situation is once...

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Is Your Company A Disruptor?

  Today’s business world continues to be quite challenging, regardless of how a company is faring in figuring out the post-COVID recovery. While many CEOs have made changes to take advantage of new opportunities, others are still struggling to develop plans to...

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Reacting to a Lack of Employees

  The help wanted signs are everywhere. Despite the national unemployment rate of 5.4%, companies continue to have difficulty finding employees. This is especially hard with lower paying jobs, but the problems occur with higher paying blue-collar positions as...

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The Need for Independent Board Directors

Most small and mid-sized businesses already have a board of directors. In fact, if they are organized as a corporation, they are required to have a board. But many of these boards are made up of family members in a family- owned business or friends and sometimes...

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You Can’t Fix Stupid

  Normally this blog posts articles related to distressed companies, management concepts and financial management or activities. This week is different. This blog is about the country, which is in as much difficulty as any distressed company.    ...

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Mr John Smith

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