QE2 – A prescription for hyperinflation?

After the Fed recently announced their plans to begin a new $600B phase of quantitive easing, or QE2 as it is commonly being referred to, a lot of people have voiced up their viewpoints.

As some of my readers may not know what quantitative easing is, let me give a basic description of it.  QE is a way for our central bank, the Fed, to increase the supply of money in the economy.  They do this by purchasing government debt Continue reading

Methodology before Technology

Why would I write about methodology in a technology blog? In many cases, technology is not your problem – it’s methodology, or should I say a lack of methodology, that is really causing you the problem.

Technology is used throughout a business and in each area there is a standard methodology or a body of practices, procedures, and rules used by those who work in that particular discipline.  This discipline could be sales, marketing, accounts payable, accounts receivable, cash management, order processing, inventory control, human resources, business intelligence and the list goes on and on. Continue reading

To Blog or Not To Blog? That is the Burning Question

I don’t know about you, but the idea of blogging has been nagging me for years. I’ve resisted the urge each time. I finally decided to take a deep look at it and, since you are looking at the blog, I obviously decided to start.

In my consulting business and during interactions with entrepreneurs, business owners and executives, I find that there is a lot of confusion, anxiety and at times disdain for technology. Continue reading