Last month, Wendy’s floated the idea of using dynamic pricing. Just like Uber and many airlines, Wendy’s considered changing their food prices instantly based on high demand. Imagine going to Wendy’s. When you arrive, you see a cheeseburger is $3 but there’s a long line. When you finally reach the front of the line the board says your sandwich ...
California recently passed a law increasing the minimum wage for most fast-food restaurant employees. There was one exception, however; those restaurants who offer bread as a menu item. Panera’s is one of the few restaurants that fit this exception. When it surfaced that the CEO of Panera’s had donated significantly to California Governor Newsom’s campaign, outrage surfaced. Immediately there ...
When I was a foolish young banker, I was scheduled to work one Saturday morning a month. Rarely was I needed, so I felt justified one Saturday spending the day with my girlfriend instead of going to work. Monday morning, my boss confronted me. He was angry, but he courageously rebuked me in a way that grew my admiration ...
Many people believe it’s fine to lie to the Internal Revenue Service about their taxes and still maintain integrity. When I was a commercial lender, I was meeting with a small business owner who, while handing over his tax returns as part of his loan application, said, “I sure hope you aren’t making your loan decision based on those numbers. ...
According to a recent Christian Post article, one of Chick-fil-a’s independent franchise owners was arrested for allegedly having sex with a 15-year-old girl. Chick-fil-a has assured the public that this franchise owner will no longer be present in the restaurant. Chick-fil-a has one of the most rigorous hiring processes and diligence in selecting great people. But regardless of how well ...
In this series, we’re talking about guarding ourselves from Grifters. Years ago, some colleagues invited me to a conference of a controversial ministry. I prayed fervently that the Holy Spirit would reveal to me what was pleasing to God and what wasn’t. That night, the keynote speaker prophesied some disturbing proclamations. I felt a grieving from the Holy Spirit and ...
As the world’s richest man, Elon Musk’s tweets are watched closely. Last fall he forwarded someone’s tweet that many claimed was antisemitic. He endorsed the tweet by commenting, “You have said the actual truth.” Musk only wrote six words, but those words cost his company, X, an estimated $75 million in advertising. Musk eventually apologized, but the cost for ...
Hindsight can be a humbling critic. At year end there are typically some economists and political futurists who reflect on how well their predictions for the year faired. I admire those who are willing to admit when their predictions fall short. Many business leaders also speak publicly about their beliefs on the future of their industry or their business. When ...
Recently, I’ve been following a messy situation locally that involves an international ministry leader. If the allegations prove true, this leader has been involved sexually with underage young ladies on and off for over forty years. The fact that these multiple offenses are just now surfacing begs the question, “How long can sin hide?” Falling into sin usually leads to ...
When I played baseball as a kid there were players who had a knack for excelling when we were behind. We called them “clutch” players. While receiving the Vince Lombardi trophy recently, KC Chiefs quarterback, Patrick Mahomes, said, “The Chiefs are never underdogs!” Mahomes is known for his ability to rally in the clutch and win games that seem impossible. ...
Equipping Others to Do Work Differently
