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You are here: Home / Archives for Business

Business

The Goal: A Thrilling Novel Transforming Management Thinking

April 3, 2023 by Michael J Penney

The Goal By Eliyahu Goldratt

The Goal, a gripping novel, has been transforming management thinking around the world for the past 30 years. Written in a fast-paced thriller style, the book is highly recommended to anyone in industry seeking to improve their management skills and achieve ongoing improvement.The book tells the story of Alex Rogo, a harried plant manager, who is struggling to save his factory from closure by corporate HQ. He has … [Read more...] about The Goal: A Thrilling Novel Transforming Management Thinking

Filed Under: Business, Leadership Tagged With: breakthrough, Eli Goldratt, management thinking, ongoing improvement, operations, performance improvement, The Goal, Theory of Constraints

Exploring “The Vision of the Anointed” by Thomas Sowell: Insights from a Marine

March 31, 2023 by Michael J Penney

"The Vision of the Anointed" by Thomas Sowell

Thomas Sowell is a well-known name in the field of economics and social theory. But what many people might not know is that he is a Marine. After serving in the United States Marine Corps, Sowell went on to earn his bachelor's degree from Harvard University and his PhD in economics from the University of Chicago. His experiences in the military undoubtedly had a significant impact on his worldview. In his book … [Read more...] about Exploring “The Vision of the Anointed” by Thomas Sowell: Insights from a Marine

Filed Under: Business Tagged With: economist, intellectual elite, Marine, social theorist, The Vision of the Anointed, Thomas Sowell, worldview

The Power of Intrapreneurship: How Behaving Like an Entrepreneur Within Your Company Can Drive Innovation and Growth

March 30, 2023 by Michael J Penney

intrapreneurial leader using 5Paragraph in a conference room

Intrapreneuring is a concept that has been gaining attention in the business world in recent years. Coined by Gifford Pinchot III, intrapreneurship refers to the act of behaving like an entrepreneur within a larger organization. It involves taking risks, innovating, and creating new business opportunities within the confines of an established company. Intrapreneurial business leaders are becoming increasingly … [Read more...] about The Power of Intrapreneurship: How Behaving Like an Entrepreneur Within Your Company Can Drive Innovation and Growth

Filed Under: Business, Leadership Tagged With: Business leaders, Innovation, Intrapreneurship, Risk-taking

The Symbiotic Relationship Between Entrepreneurs and Intrapreneurs

March 28, 2023 by Michael J Penney

The Symbiotic Relationship Between Entrepreneurs and Intrapreneurs on 5paragraph.com

Entrepreneurs and intrapreneurs are two important roles in the world of business. Entrepreneurs are the creators, the risk-takers, and the visionaries who start new businesses from scratch. Intrapreneurs, on the other hand, are the innovators, the problem-solvers, and the change agents who work within existing companies to create new products, services, or processes. At first glance, these two roles may seem … [Read more...] about The Symbiotic Relationship Between Entrepreneurs and Intrapreneurs

Filed Under: Business, Leadership Tagged With: business creation, Entrepreneurs, Innovation, Intrapreneurs

Peter F. Drucker: The Godfather of Modern Management Theory and the MBA

March 28, 2023 by Michael J Penney

Peter F. Drucker is widely considered to be the Godfather of modern management theory and the MBA: Masters of Business Administration. Born in Vienna, Austria in 1909, Drucker grew up in a world that was rapidly changing. His early years were shaped by the choas of World War I, which was followed by the economic upheaval of hyperinflation taking place in the 1920s, and the rise of fascism in Europe. Despite these … [Read more...] about Peter F. Drucker: The Godfather of Modern Management Theory and the MBA

Filed Under: Business Tagged With: drucker, management, MBA, peter f. drucker

Online Ecourse Certifications for Employers: A Necessity for Continuing Education

March 27, 2023 by Michael J Penney

In today's fast-paced business world, it's essential for companies to keep their employees updated with the latest knowledge and skills. Online Ecourse certifications are an absolute necessity for adult continuing education, enabling your workforce to stay sharp and ahead of the competition. As an employer, you have a responsibility to ensure that your team is equipped with the knowledge and expertise required to … [Read more...] about Online Ecourse Certifications for Employers: A Necessity for Continuing Education

Filed Under: Business Tagged With: adult education, career advancement, certification, continuing education, ecourse, employers, online learning, professional development, workforce training

Military Veteran Launches 5P System to Help Entrepreneurs Achieve Business Growth

March 26, 2023 by Michael J Penney

shift advanced life magazine cover Michael J Penney founder and creator of 5Paragraph 5P

Michael J. Penney, a U.S. Marine Corps veteran, has developed a system to help entrepreneurs achieve business growth and development using the military's standard operations order; 5Paragraph or 5P. The 5P system uses the same format as the military's five-paragraph order process to create action plans involving multiple moving parts and leadership. The system has been used by the Marine Corps to create … [Read more...] about Military Veteran Launches 5P System to Help Entrepreneurs Achieve Business Growth

Filed Under: 5Paragraph, Business, Leadership Tagged With: 5P System, Business Growth, Development, Entrepreneurs, Military

The Art of Being Creative

February 1, 2023 by 5Paragraph

The daily grind can be a blessing or a curse, having to divide our days between a personal life, and business careers.  Too often these lines are blended, or entirely too far apart.  How do you bring the harmony back to both? Personal Life: We seek personal fulfillment, adhere to responsibilities, and strive for contentment in our daily walk.  Family and friendships make up the foundation and … [Read more...] about The Art of Being Creative

Filed Under: 5Paragraph, Business Tagged With: Innovation, Leadership, News

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