Every business has six critical elements called Morphemes. Morpheme #1 is the Premise (covered in PhilTakes #16-20). Morpheme #2 is the Promise (covered in PhilTakes #21-25). Morpheme #3 is Sidelines (covered in PhilTakes 26-31). Morpheme #4 is Guidelines – internal restrictions or limitations that define how a company behaves. Guidelines define the culture of any organization. And how powerful is culture? “Management guru Peter Drucker got it right when saying “Culture eats

Every business has six critical elements called Morphemes. Morpheme #1 is the Premise (covered in PhilTakes #16-20). Morpheme #2 is the Promise (covered in PhilTakes #21-25). In PhilTakes #26-38, we discussed Morpheme #3; Sidelines --restrictions or limitations put on the organization by external forces. When a small business steps outside the Sidelines, the implications are devastating. The impact on relationships, families, and others affiliated with the organization is sev

Every business has six critical elements called Morphemes. Morpheme #1 is the Premise (covered in PhilTakes #16-20). Morpheme #2 is the Promise (covered in PhilTakes #21-25). In PhilTakes #26-30, we discussed Morpheme #3, Sidelines --restrictions or limitations put on the organization by external forces. PhilTake #37 introduced a phrase called the Opiate of the Immediate, which is especially prevalent in smaller enterprises. Possible explanations include a lack of working cap