“SATISFICING”

“ACCEPTING WHAT IS MINIMALLY ADEQUATE INSTEAD OF WHAT IS OPTIMAL”

- The word satisfice was coined by Herbert Simon in 1956

In business, “satisficing” is common, insidious and destructive.

RESULTS: Chronic Business Problems

ALL DAY LONG, PUTTING OUT FIRES!: You are having difficulty distinguishing between when to focus on leading and when to focus on managing - you feel unproductive at the end of the day...read on...

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What We Can Do For You

When you are ready, willing and able to break from the vice grip of 'chronic satisficing' and implement your firm's plan for excellence - R B Lewis & Associates - is ready, willing and able to serve up a meaningful assist or two. Our expertise is in the areas of:

  • Leadership & Management
  • Project Management
  • Vendor Relations
  • Human Resource Management
  • Pre-construction, Value Engineering (Especially for Single Family and Low / Mid-rise Multi-family Projects)
  • Cost Controls & Procurement
  • Planning & Scheduling
  • Quality Assurance
  • Financial Performance

Along with our expertise, we provide the right integration of knowledge, experience and passion. Our focus is on the right transfer of skills and how your firm will be improved when our work together is done.

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The Math is Compelling

From a financial perspective, if you were to make a 1% improvement in Net Profit Margin per month, by ridding yourself of chronic satisficing, the compounding effect in one year is tremendous. 8% NPM grows to 9.14%:

  • At $3 MM in revenue, expect more than $30,000 in additional profits.
  • At $5 MM in revenue, expect more than $50,000 in additional profits.
  • At $10 MM in revenue, expect more than $100,000 in additional profits.

How much improvement are you planning for?

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Site by: Dawud Miracle, Business Coach & WordPress Websites