2018-02-20 16:38
LET US NOT DESTROY THE AMERICAN DREAM Due to the deep recession and the large number… Read More
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Business essays by an experienced CEO on how to manage a business successfully through hard and easy times.
2018-02-20 16:36
THE BIRTH OF AN INCENTIVE PLAN: A Shocking Surprise (Who's to blame when workers can do better, but don't: the workers or management? Mary Barra, president of GM knew very little about why… Read More
2018-02-19 21:13
REFLECTIONS ON BEING AN ENTREPRENEUR by Hugh Aaron A few months after starting my own business, I discovered that an entrepreneur’s life is radically different from that of an ordinary… Read More
2018-02-19 19:35
A MODEL FOR POOR NATIONS TO FOLLOW What Business Contributes to the National Welfare Upon reading David Wessel's discussion on "Why Economists Are Still Grasping for Cure to Global Poverty"… Read More
2016-10-11 19:16
A recession had begun, the cost of money remained high and promised to go higher, and my company’s sales were falling. For most of its thirteen years of existence, our small manufactur… Read More
2016-08-23 16:12
After a string of good years, our company of a hundred employees was now in the midst of the oil embargo. The phone had virtually stopped ringing; each month our P&L statement showed acc… Read More
2016-07-06 21:50
I can no longer add essays to this blog with punctuation. Sorry. I'll no longer add more essays as a result. Hugh Aaron Read More
2016-06-15 00:14
We weren’t surprised when our team incentive system improved productivity, though it far exceeded expectations. And we weren’t surprised that a negative incentive for allowing de… Read More
2016-05-17 21:55
Some years back I had sent the manuscript of my autobiographical novel DRIVEN to a successful New York literary agent that had sold CHARIOTS OF FIRE. Shortly afterwards he phoned to tell me… Read More
2016-04-28 20:07
THE MAGIC OF ARTThe cold logic of a 2004 article, entitled PICTURE OF PRIVILEGE, that Charles Murray wrote in The Wall Street Journal is irrefutable. His proposal: why not use our superior t… Read More
2016-04-14 17:30
(Who's to blame when workers can do better, but don't: the workers or management? Mary Barra, president of GM knew very little about why no action was taken to correct the safety defect in&n&hell…Read More
2016-03-25 21:56
Let’s explore the evidence of why our unemployment is so high and persistent. When I ran my company, we laid off people during recessions but as soon as business picked up we hired the… Read More
2016-02-24 20:00
By Hugh AaronPicture an organization, whether a business, a nation or an army, as a ship. All the participants are its crew, and the leader is the helmsman. He or she - the CEO, the Presiden… Read More
2016-02-13 19:25
FOREWORDIt is common for authors of book introductions to say that they've known and admired the book's author for years. Not so here: until recently I didn't know Hugh Aaron from a Ma… Read More
2016-02-13 18:53
DURING RECESSION, MANAGE DEFENSIVELYWhy didn’t I, as CEO, anticipate the recession in order to take the proper defensive steps? Wasn’t I warned in advance that bad times were com… Read More
2016-01-25 21:07
At a conference of communications specialists the interviewer asked, “What message would you give to help us do our jobs better?” In almost knee-jerk reaction, I replied: “… Read More
2015-11-06 20:59
Conventional wisdom holds that if anything is rational in our culture, it’s business. Yet I found irrationality dominating the policies of most of the companies I worked for as a young… Read More
2015-10-29 21:10
Trust and Generosity in BusinessWhen I was an employee working for a simple wage, I believed that the top boss was a ruthless self-seeker. When I was fired (Yes, it happened occasional… Read More
2015-10-19 14:02
The veterans who returned from WWII and who took advantage of the GI bill that paid their college tuition and a monthly stipend to live on, became the most successful, most creative generat… Read More
2015-10-17 15:51
Due to the deep recession and the large number of unemployed we are currently obsessed… Read More
2015-08-09 20:20
From BUSINESS NOT AS USUALI consider this from two viewpoints: that of a CEO of my own manufacturing company, and that of a stockholder of publicly owned companies. First as a CEO. The manuf… Read More
2015-07-11 19:53
CHAPTER VIIYear SixMy sixth year in business has been a good year on the surface: Sales are growing by more than 50 percent; the plant is operating around the clock five and a half days a we… Read More
2015-06-26 18:18
I want to take issue with Peter Drucker’s article in The Wall Street Journal, “Don’t Change Corporate Culture—Use It.” I have no argument with Mr. Drucker… Read More
2015-06-11 15:46
I was chagrined to read in Peter Drucker’s article in the Wall Street Journal that the Ford Motor Company’s design team had “serious problems,” that the General Motor… Read More
2015-04-21 16:59
The small publicly held company on Long Island was in trouble. It was running out of cash and, worse yet, bank credit. Only the tiny satellite division I managed in New England made a profit… Read More
2015-03-15 19:39
Being a member of the World War II generation, and old enough at the time of the Great Depression to understand its impact on my parents and on the city in which I lived, I cannot help but c… Read More
2015-03-10 00:13
The free enterprise system endures. We are now the economic model for the failed socialist nations. Their failure vindicates our stubborn insistence that capitalism is the best way. But is i… Read More
2015-02-13 22:18
THE IMMORALITY OF CAPITALISMBeing a product of the capitalist system, born into it, raised in it, educated in it, I never questioned its morality. I saw that it created a disparity in income… Read More
2015-01-14 21:58
Founded in 1966, our company experienced several recessions, one as nearly severe as the current one we’re recovering from. Below is a description of how we coped with recession, and s… Read More
2014-12-23 22:08
In business we operate under the subtle assumption that everyone with whom we must deal is our adversary. Take our employees. Don’t they try to wrangle as much pay as possible out of u… Read More
2014-12-02 21:59
Like parents raising a child, most people in business learn on the job. Even those who attend business school are inadequately equipped. Such facilities provide the tools but not the essenti… Read More
2014-11-08 17:54
INCUBUS AMERICANA The American Dream. I don’t recall when I first heard about it: probably in a high school American history course. But it seems I’ve always known of it, much as… Read More
2014-11-08 17:53
What—a Japanese businessman calling for Japanese management to emulate us? Doesn’t Yoshimichi Yamashita, whose appeal for change in The Wall Street Journal, “Japanese Execu… Read More
2006-06-07 11:16
In most of the companies I worked for, often as a middle manager or a salesman, I soon became disgruntled. I’m not an easy person to please. But most of my fellow employees at my level… Read More
2006-06-07 11:16
I write this from two points of view: that of a CEO of a manufacturing company, and that of a stockholder in several publicly owned companies. First as a CEO. The manufacturing company began… Read More
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