The growth of risk management in companies has been staggering in the past few years. The practice itself makes a lot of sense if you are working closely with your supply network. I have seen the adage, “You miss 100% of the... Read More »
We’re taking advantage of the lull in activity as an opportunity to further prepare and... Read More »
The title captured my attention recently (I was reading one of my dad’s old navy journals) and hasn’t let me go. As with many subject matters, they represent disciplines that are timeless truths (axioms) that each... Read More »
Yogi Berra, a former American baseball player and member of Major League Baseball's Hall of Fame, is... Read More »
An entrepreneur knows what they want, and by watching others, they know they can do it better.... Read More »
There is an entire symbiotic system in your business that can flourish or flounder depending upon your company’s ability to collaborate and share information. I know what collaboration means to Plains Fabrication, and according... Read More »
Chapter 1: The Big Boys Financing Tale Once upon a time, there were three companies. A really big,... Read More »
When the economy is booming, many companies (and salespeople) believe they are succeeding because... Read More »
It takes a certain type of person to be involved in the oil and gas industry. One must be prepared... Read More »
In our current environment of low commodity prices, producers are taking hard looks at their... Read More »
More than just a marketing pitch, a focus on solutions is critical in the new economic reality in oil and gas. As the price of oil continues to lag, companies are struggling to realign with the new environment. New environments mean... Read More »
As a business owner, you've heard the phrases “cash is king†and “cash management†from financial gurus and business commentators. A diligent review of your monthly cash balances, existing banking arrangements, and... Read More »