The Expert cow is all about not being a know it all. Sometimes having a fresh set of eyes to look at what you’ve been looking at for years can be the most beneficial for your company. You may be overlooking a simple mistake that could be costing you millions. Ask the stupid questions, because most of the time there …show more content…
In today’s world customers look for not only price, but also the quality, and service and value of the items as well. The book also talks about Loss Leaders Lose. This is items that are sold at a cheap price to try and get customer to buy other items at a higher price, therefore increasing revenue. Companies must be cautions to not appear to customers a way that they are not intending.
In some companies they have a 1 plus 1 equals 4 rule. This means one mistake one time equals forever. This rule falls under the one-mistake cow. While this rule may work for some, for others it is the exact opposite. Bill gates went out of his way to hire people who had made mistakes, he felt that they were brave and could adapt to their surrounding as they change. The only good type of mistake is those that come from trying something new, not from …show more content…
While it was found that wasn’t the case, often companies who cut positions did not see an increase in revenue. It’s not just people that are cut either. Companies cut things such as marketing, human resources and advertisement in times of low income. When this happens in tends to lower people motivation and increases stress throughout the company. People tend to become worried and think maybe they are next to go. This can be a wonderful more for a company if done correctly but it can also be devastating.
Working too hard can be detrimental to your health, your family, and your work. If a single mother spends more time at work then she does with her kids, that is not a healthy relationship for her or her children. People need breaks, they need to stop and clear their heads every once and a while. Take a vacation, take a nap, just give yourself a minute to breathe and reset. You may find that your work your health and your family benefit from