Archive for March, 2006

Friday, March 31st, 2006

A Sucker Born Every Minute

P.T. Barnum is assumed to have made the famous quote “There’s a sucker born every minute,” but the truth is Barnum would probably never make such a remark because he openly stated that “the public is wiser than many imagine.”
The quote instead was actually said by his competitor and the story begins somewhere around [...]

No Comments » - Posted in Principles of Good Business by Tom Fairbanks

Friday, March 24th, 2006

Persistence with a Flair

LIFE magazine choose P.T. (Phineas Taylor) Barnum as one of the 100 most important people of the millennium and dubbed him “the patron saint of promoters” because he was probably the first person to use showmanship successfully in North America. In his 80 years, Barnum gave the 19th century everything from peerless spectacle to shameless [...]

No Comments » - Posted in Principles of Good Business by Tom Fairbanks

Thursday, March 16th, 2006

Limitations – ‘The Miracle Mile”

In 1946, it was widely assumed that to run the distance of a mile in under four minutes was impossible for a human being. But one man, Roger Bannister, a medical student attending Oxford University and an accomplished middle distance runner, had a fascination with breaking the four-minute mile barrier. Believing it was possible; he [...]

No Comments » - Posted in Principles of Good Business by Tom Fairbanks

Friday, March 10th, 2006

Order out of Chaos

Many people believe that the theory of chaos is a theory about disorder, but the reality is that order can be found at the very heart of chaos. Order is inherent in systems, even if it is sometimes hard to see. Complexity is derived from simplicity and simplicities are the soul idea of order.
The [...]

No Comments » - Posted in Principles of Good Business by Tom Fairbanks

Friday, March 3rd, 2006

Responsibility vs Accountability - Inspecting What You Expect

It is unfortunate that when we attempt to use different words in the English language to define the same thing, the process ends up completely obscuring the meanings of the words we use… Two of those words are Responsibility and Accountability.
Responsibility is defined as one being the primary cause, motive, agent, or explanation of [...]

No Comments » - Posted in Principles of Good Business by Tom Fairbanks