Richard Nimphie's Blog (3)

What is Your Leadership Ratio?

Which Leadership Ratio Matters Most?

 

debt to equity…………….?

 

price to earnings…………?

 

net to sales………………..?

 

 

NO!    It’s the proportion of praise to criticism.

 

 

HINT:              …

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Added by Richard Nimphie on May 1, 2024 at 3:50pm — No Comments

Are you consistent with a U/C aging process?

  • Determine what your aging policy is going to be, then stick with it!
  • Aging policy has to be “pure”. In other words, if your aging policy is 60 days, then a vehicle must be off the books in 60 days, as opposed to, "Well, its 60 days so let’s determine what we will do with it".
  • The best approach to aging is to review your…
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Added by Richard Nimphie on August 7, 2023 at 2:33pm — No Comments

Management by Wandering Around (MBWA)

The first time I came across the term MBWA was in one of my  college text books over 40 years ago. Admittedly, I felt the author was  attempting humor to describe an unprofessional approach to managing a  business and communicating with company associates. Little did I realize at the time, that this would be the most important management tool I  would use in my career as a dealership manager and owner.

Employee turnover has plagued the automobile industry for decades. Many articles…

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Added by Richard Nimphie on October 10, 2013 at 9:17am — No Comments

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