Instead of paying for power at peak load prices, we had completed our day s work before electricity prices peaked. This made the employees happy and reduced the plant s costs a win-win situation for both. Trust is difficult but its rewards are incredible, both in terms of reduced cost and improved employee morale. Once an employee has been through a process like this and has seen his ideas valued, he or she can t so easily be lured away to a company that exercises a command and control management structure. We try to continue to take reasonable risks.
Risk is what an entrepreneur is all about.
Most of you got where you are by taking risks and reaping the resultant rewards. But then human nature steps in. You want to enjoy what you ve built and don t want to put it on the line by taking risks the way you used to. And as a result, it s tempting to hire platoons of management consultants to help make decisions and strategic planners to tell you where to go next. And certain companies promote program acronyms to keep everyone focused on a single goal and speaking the same vocabulary.