Business Explained by Stever

Archive for August, 2006

31 Aug

Fantasy football costs business $1.1 billion/year. NOT!

Reading Fortune Magazine’s “Leading Indicators” in the September 4, 2006 edition, I ran across this tidbit:
$1.1 billion. Projected value of work hours used for playing fantasy football this season. The player (there are 36.8 million of ‘em in the U.S.) earn on average about $36 an hour and will spend about 50 minutes playing each [...]

29 Aug

Thinking ahead. How far? And how certain?

At a recent physical exam, my weight was a tad above what I want it to be (probably all muscle, but you can never be too sure). So I went web surfing a bit about weight gain trends and found an article proclaiming that obesity is becoming a world-wide problem. It seems the availability of [...]

16 Aug

Focus days are heaven!

Too much to do? Use a focus day to take care of the big stuff.

08 Aug

How much privacy should businesses guarantee?

Privacy isn’t just about hiding what you do. It’s about confidence that your information can’t be falsified, forged, or misused.

03 Aug

Investors warn against eliminating guidance… especially if they have no talent.

Investors say it’s a bad idea for companies to stop giving quarterly guidance. I think investors are just flat-out wrong. Quarterly guidance certainly distorts management decision-making, so we know it’s bad for the companies. It’s good for investors because it relieves them of the burden of having to research the companies they invest in, and [...]

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