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Made in Missouri: James Cash Penney is Born
“I would never have amounted to anything were it not for adversity,” J.C. Penney once said. “I was forced to come up the hard way.” From being born on a poor farm in Missouri to creating a company that today brings in sales in excess of $19 billion, Penney indeed managed to overcome the odds. Today, the J.C. Penney Company has become an international success for its sales of clothing, jewelry, shoes, accessories, and home furnishings. However, that was the result of a long and uphill struggle for the young entrepreneur.

Lesson #4: Cutting Costs Can Save Your Company
Penney was born and raised on a small Missouri farm. His father, a Baptist minister, was a well-respected member of the community. But, as it was an unsalaried position, the family rarely had the wealth to accompany that status. As a result, Penney grew up in a household that stressed the importance of self-reliance and self-discipline, especially when it came to financial matters. Penney took that attitude with him into the business world. Indeed, much of Penney’s success can be attributed to his willingness to penny pinch wherever he needed to.

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Relationships
Which Prime Minister would you want as a friend?
Lesson #4: Cutting Costs Can Save Your Company
Penney was born and raised on a small Missouri farm. His father, a Baptist minister, was a well-respected member of the community. But, as it was an unsalaried position, the family rarely had the wealth to accompany that status. As a result, Penney grew up in a household that stressed the importance of self-reliance and self-discipline, especially when it came to financial matters. Penney took that attitude with him into the business world. Indeed, much of Penney’s success can be attributed to his willingness to penny pinch wherever he needed to.

SME's - entrepreneurs with no skills
South African universities have come under fire from the Minister of Education for producing too many arts graduates. What is the true cause of the problem?
5.2.1 The MIT-SME section: Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005
Prior to 1997, the small business development function rested within a Unit whose status was equivalent to that of a department and reported to a deputy minister.
Trevor Manuel and the "Plunder of Skills"
Trevor Manuel, South Africa's long-serving Minister of Finance, has had a busy time of it. When he hasn't been demanding reform at the IMF, he has been lecturing the US and Western Europe on their theft of valuable skilled people from our nation.
The Attitude of Gratitude
Humbly grateful or gratefully humble? In a recent sermon Dr. Jack Graham of Prestonwood Baptist Church in Dallas points out that each person in his or her lifetime will cultivate either an attitude or spirit of thanksgiving, gratitude and thankfulness, or an attitude or life as a cynic, full of anger, bitterness and arrogance. He expands on this by pointing out that a grateful child, by-and-large, is far more likely to be a happy child. He also says a person who is hostile, angry and critical, who is a fault-finder, is basically an ungrateful person.
Making Companies Thrive Today
I’m an observer and I read a lot. Why would a pastor care about such things? Frankly, some days I miss the business world and so thinking about it keeps me connected. Plus, much of my ministry is to people who live in this world every day, so keeping up with it makes me a better minister to them.

Does the Present Buy American AccordBy-Pass Popular Opinion Relative to Protectionism
In the October 1st, 2009 Procurement Insights post titled “Buy American Policy: Economic Imperative or Popular Opinion,” I provided an excerpt from my interview with Canada’s Trade Minister Stockwell Day regarding the basis for the Buy American policy. It was of course the Minister’s expressed belief that popular American opinion surrounding protectionism was the basis for Congressional support of the conditions associated with the stimulus bill that would block Canadian firms from accessing the US government market, versus the existence of legitimate economic imperatives. In short, the U.S. Congress was yielding to public sentiments.
How to build a brilliant team
In the coming weeks, Prime Minister Julia Gillard will face a challenge that entrepreneurs know only too well - how to make teams work.

Women in business
I was speaking to someone from overseas the other day and he said he never thought he would see the day when Australia elected a female Prime Minister. His perception of Australia was that our culture was very ‘blokey’. So you would think that the appointment of Prime Minister Julia Gillard was the result of great change, an indication of how successful women have become in the workforce. Think again. In the recently published report by the Equal Opportunity for Women in the Workplace Agency it made clear that the number of female key executive managers and board directors in the ASX 200 has hardly changed over the past eight years. In comparison with New Zealand, the UK, Canada, the US and South Africa, Australia has the lowest percentage of women in the most senior positions. So what exactly is going on?

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