Featured Article

IDEX Pricing Spineometer: 2 of 5 Vertebrae

By Tim J. Smith, PhD January 9, 2025

IDEX, a global applied solutions provider, had a mixed Q3 2024. Revenue rose 0.6% to $798 million while earnings before interest and taxes fell 6.1 % to $168 million over the same period last year. A review of IDEX’s 30 October 2024 earnings call and associated financial reports provided insight regarding the importance of pricing on performance. IDEX is a diverse and complex business. It has three reporting units, Fluid & Metering…

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In This Issue

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Effectual Decision Making of Revolutionary Entrepreneurs

By Tim J. Smith, PhD May 6, 2009

Entrepreneurs are a different breed, but what is this breed? Recently, Reed et al. examined the decision making practices of highly successful entrepreneurs, individuals who have grown a company to $200 million or more in annual revenues. They found that entrepreneurs tend to use a more effectual logic rather than predictive logic. What is effectual logic versus predictive logic and how does it help entrepreneurs? … Read on.

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Two Harvard Experts Provide Perspective On Building Entrepreneurial Businesses In Troubled Economic Times

By James T. Berger May 2, 2009

“Never let a crisis go to waste.” Two leading Harvard University entrepreneurial specialists provide some interesting insight into building entrepreneurial business during these troubled economic times.

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Top 6 – May 2009

By Tim J. Smith, PhD May 1, 2009

Turtles have shells, but they only progress when they get their head out of their shell. Get your head out and move…

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What Can Business Learn from Nonprofit Organizations about Inspiring Customers?

By Tim J. Smith, PhD May 1, 2009

To inspire the consumer, you must help him believe in something that he once thought was impossible. This is where innovators will thrive and institutions will die. Innovators will think in quantum leap fashion. “Institutions” will think incrementally

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