Posts
Family Business Harmony: It’s Not all that Complicated!
The common rap about the family business is: “Don’t get caught in the crossfire of interfamily turmoil.” As an employee, advisor or vendor, you can easily become a victim of the collateral damage. And we all know that we don’t have to be bloo
Nov 19, 2012
Cars will Break and We will Fix Them…Only Not as Often!
If your service department makes the majority of its revenue fixing broken cars, then get ready for massive layoffs and a huge downsizing. If your business plan is heavily dependent on warranty revenue and customer-pay repair work, then for your serv
Nov 19, 2012
Become a Dealership Change Architect
The price of going higher is change Begin, start, commence, institute, inaugurate, initiate. There is something refreshing and optimistic about these words, whether they refer to the dawn of a new day, the birth of a child, the prelude of a symphony
Nov 13, 2012
Planning for Success in 2013
With less than two months away from the new year, the time is probably right for executive management to ask a few key questions about current results and future direction: How much in sustainable costs savings were actually generated in 2012? What w
Nov 13, 2012
10 Traits of a Top-notch Leader
Every couple of years or so, I enjoy presenting a compelling list of leadership traits for reader-evaluation. While there is no perfect list of great leadership traits—and I could never fit a complete inventory into the confines of this column even
Nov 6, 2012
Posts
Dealer ManagementFinance & Insurance NewsInventory ManagementPre-Owned Sales & Marketing Strategies
Five Used Vehicle Challenges to Address in 2013
In the past several months, I’ve spent a great deal of time discussing and researching the current and future challenges confronting dealers. This work has fed my upcoming third book, “Velocity overdrive: The road to reinvention.” It highlights
Nov 6, 2012
Massive Research Concludes: Stop Delighting Customers!
Ok, I felt it, witnessed it, calculated it, preached it and now sophisticated and comprehensive research, studying more than 75,000 customers over several years, has provided absolute proof. Bells, whistles, fluff and items unrelated to actual proble
Nov 5, 2012
From J.C. Penny Double Knit Suits to Gucci Ties
It’s been one hell of a ride, gang Looking back at Progressive Basics when the company was first started. I was a very young man, only 35, but had already sat in every seat in a dealership. I had developed my own vehicle (Nissan Pathfinder) and own
Nov 1, 2012
Partner Counseling
When I met Patricia I was head over heels in love, totally committed; crazy beyond recovery. We came from similar backgrounds, we had countless common interests and our relationship was story book magic. However, just a few short years after our hone
Oct 30, 2012