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Lesson #3: Use Technology to Temper Your Costs
When one thinks of Costco, a company with a thriving technological edge is not necessarily the first thing that comes to mind. But, while Sinegal might not be your typical CEO, he does understand the importance of utilizing technology to his benefit. Not only has modern technology helped Costco automate many of its operations, but in keeping with Sinegal’s all important goals, has helped the company lower its costs.

Other energy management and conservation Related Articles

Stock Prices Rise 21% When Firms Announce Energy Management Projects
When selecting projects under a limited budget, a firm should implement the project that will return the most value. Ultimately, firm value is measured by stock price, which can be impacted when the firm makes a major announcement. This paper shows that announcements of energy management projects correlate with a 21.33% increase in stock price within 150 days of the announcement. This increase is in addition to the risk-adjusted return the firm would normally experience. For example, during a “bull market” a firm’s expected return was 10%. After the announcement, the return would increase by 21.33%, for a net return of 31.33%. These results suggest that investors react positively to energy management projects. This outcome demonstrates one more strategic incentive for firms to implement energy management projects.
Defying the 3 Main Barriers to Energy Efficiency or "Green" Projects
Although the popularity of Energy Management & “Green” projects is improving, there are MANY good projects that are postponed or cancelled due to common barriers. This article discusses these barriers/problems, as well as effective, proven strategies to overcome them. These timeless, as well as cutting-edge strategies involve marketing, educational resources and financing approaches to make your projects irresistible. The goal of this article is to help organizations get more “good” energy management/green projects approved and implemented and help slow global warming.
The Key to High Sales Productivity
Issue most often raised by my clients is better time management. People have tried prioritizing tasks, blocking out parts of their day for certain tasks, implementing new systems and getting better at delegation. But, the key to high sales productivity is energy management.
Small Business Tips - Energy Conservation Isn't Just For Light-Bulbs And Water
One thing that most small business owners forget with all of this focus on the environment is their own personal energy conservation. It is nothing for a business owner to try and cram in a few hours after the kids are asleep – even if their eyes need superglue to remain open. But when you are a business owner your personal energy conservation is vital. In most cases without you there is no business. Unless you conserve your own energy, your body will eventually exhaust itself and force you to slow down, usually at the most inconvenient times when you have clients on a deadline.

Empowerment and Other "Programs"
Be careful when management wants to do another "program." Short term bursts of energy may be well intended, but they actually sap the energy of an organization. This paper describes the pitfalls and gives some antidotes.

Your Renewable Energy
Are you fueling your life and passions with “renewable energy”? Renewable Energy is considered to: be energy generated from natural resources; or energy that is replenished at the same rate it is used; energy coming from sources that can be replenished; or even energy produced from inexhaustible sources. As I thought about this topic and thought about Winter in Michigan, staying indoors or bundling up to go out, I was reminded that Spring will be here soon.

Green Power; A Home Built Headache?
One of the primary focuses of anyone looking to live a greener lifestyle is of course, energy. Energy consumption is something that we simply cannot avoid. At home and at work, we are almost always using up some form of energy. The goal of many people ( and hopefully yourself) is to find alternative energy sources for the energy we need. Ideally, this green power source should not only be more environmentally friendly, it should also be cheaper than the current energy source. So just where do we find these alternative energy sources?
Inspiring Local Success - April 2011
Take your business from good to GREAT by fueling your business with “renewable energy.” Renewable Energy is considered to: be energy generated from natural resources; or energy that is replenished at the same rate it is used; energy coming from sources that can be replenished; or even energy produced from inexhaustible sources.

Incentives For Energy Conservation
Energy conservation

Overview of ISO 50001 Energy Management System
ISO 50001 gives organizations the requirements for energy management systems (EnMS). ISO 50001 provides benefits for organizations large and small, in both public and private sectors, in manufacturing and services, in all regions of the world. In particular, ISO 50001 follows the Plan-Do-Check-Act process for continual improvement of the energy management system. ISO 50001 gives organizations the requirements for energy management systems (EnMS). ISO 50001 provides benefits for organizations large and small, in both public and private sectors, in manufacturing and services, in all regions of the world. ISO 50001 will establish a framework for industrial plants; commercial, institutional, and governmental facilities; and entire organizations to manage energy.
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