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bakken \ Bakken oil production \ Bakken Rig Count \ Bank of North Dakota \ Dr. Joe Michels \ Solomon Bruce Consulting
Is the Bakken Dying?
The recent crude oil production decline in the Bakken has given some cause to worry that the “Good Times” are ending. The failure to hit oil production targets in October and November 2012, have caused some initial concern. This decrease in production, the first in 19 months, was blamed on weather conditions, as well as [...]
Core Values \ Corporate Citizenship \ Dr. Joe Michels \ Financial Discipline \ Fort Knox Gold Mine \ High Performance Culture \ Kinross Gold Corporation \ Solomon Bruce Consulting
Kinross Core Values
Kinross Gold Corporation runs the Fort Knox Gold Mine near Fairbanks, Alaska. The mine, located 26 miles North of Fairbanks is one of the best producing gold mines in Alaska. The company is run with four (4) core values. Those values are: A. Putting People First B. Outstanding Corporate Citizenship C. High Performance Culture [...]
Bakkn Business \ business \ Dr. Joe Michels \ Solomon Bruce
I’m Only Going to Sell You What You Need !
Editor’s Intro: As I frantically grabbed for the television remote to switch the channel to programing that doesn’t invade my viewing space with yet one more politician peddling more snake oil, I released that with only five more days to “E” Day, it was an exercise in futility. All the marketing experts tell us that we all want [...]
Bakken business \ business \ Dr. Joe Michels \ energy efficiency \ Rush Co Energy Specialist \ Solomon Bruce
Energy Savings Increase Corporate Profitability
The Ashton Hotel in Fort Worth, Texas had a new air conditioning compressor installed on the roof of the building the other day. As I watched the crane operator delicately move the new compressor from the truck to the roof and remove the old one, I was impressed with the skill of the operator. After [...]
Bakken business \ business \ creating your brand \ Dr. Joe Michels \ Solomong Bruce Consulting
This is a Really Nice Place ! I’d Like to Stay Here !
I was touring the new Hilton Garden Inn Fort Worth Medical Center property the other morning with manager Jim Rickards. A guest got on the elevator and told Mr. Rickards, “This is a really nice place! I’d Like to Stay Here!” Thus the title of this blog! The guest mentioned she’d had some medical procedures being performed at [...]
Bakken business \ business in the Bakken \ Dr. Joe Michels \ Solomon Bruce Consulting LLC \ value added
Value Added Services Increase Profits
When one of our consultants visited with a business owner the other day, he said that he had increased his business 33% in the past year, had to add additional staff and it appeared that adding additional staff was imminent. What business is he in and what is he doing? This business owner is in the printing business. That’s [...]
Bakken business \ Dr. Joe Michels \ Solomong Bruce Consulting
Leadership Traits of Successful Business Owners
Steve Wahrlick, principal of the Best Western Clocktower Inn, in Billings, Montana recently spoke to a group of college business students about the key successes he has learned in the hospitality. I have copied his list here: People are very complex Dollars are the common measurement Relationships rule, “communication” drools (communication isn’t what it’s cracked [...]
Bakken business \ business \ business challenges \ Dr. Joe Michels \ Solomon Bruce Consulting LLC
Road is Closed-We Have to Go Around to Get There !
I was in the grocery store the other day and the buzz throughout the store was the road detour a couple of blocks away. Many of the customers, the clerks as well as the delivery drivers were all discussing how the road closures were making them drive about 1 mile further, taking more time to [...]
Bakken jobs \ Dr. Joe Michels \ Job Openings \ Jobs in Montana \ Solomon Bruce Consulting LLC
We Cannot Find Good People to Work For Us !
We cannot find good people to work for us, but we do have openings ! That comment is something that I hear continually when visiting with business owners. Well, OK, let’s explore why this appears to be the case. Do you have a good work environment? Is it bright, well lit, airy, clean and fresh? [...]
business exit strategy \ business planning \ business succession planning \ Dr. Joe Michels \ Solomon Bruce Consulting LLC
We Hope To Sell the Business So that We Can Retire!
A business owner and her husband told me the title to this blog the other day while in the grocery store. I had asked how the business was doing and the owner said, “So-So. We are keeping our heads above water.” The husband said, “We will continue to work a few more years and then [...]





