Free Lunch

What is the biggest business challenge you face right now?  Don't limit yourself to economic issues, and please don't mention any names (as in, "I'm thinking about firing Joe.")  Hit the "Comments" link directly below this paragraph, and your challenge will be posted for the world to see.  If you prefer, just send me an email and I'll keep your problems under my hat.

Comments

[Bill Kast]

In our industry the biggest challenge we face is "Driver Shortages". We hire only drivers with two years experience and that have good driving records. The driver shortage is only projected to get worse over the next several years until such time as the wages exceed other competing industries such as construction. We are faced with the possibility of training brand new drivers or lowering our standards from to 2 years experience to ?????. What's the risk of doing this? or of not doing this?

[Patrick Galvin]

In the word of mouth marketing industry, the biggest challenge is that many clients fail to realize that there are two prerequistites to generating great buzz. First, you must be have a great product or service. Second, your business must be unique and memorable so people spread the word about what your business does. Too many people think that buzz is just a switch that can be turned on.