Comments for All Hat & No Cattle http://hatandcattle.com Mon, 28 Jun 2010 13:32:07 +0000 hourly 1 http://wordpress.org/?v=3.0 Comment on Flying High (Planes Part 2) by Anonymous http://hatandcattle.com/2010/06/884/comment-page-1/#comment-22 Anonymous Mon, 28 Jun 2010 13:32:07 +0000 http://hatandcattle.com/?p=884#comment-22 Two great discussions on airplanes. Thank you! When I was COO about 12 years ago, we bought an airplane to fly customers to our new headquarters. It turned out that we did not fly many customers but we found it to be a real time machine (I believe what your guest called airplanes). We found that if 3 people were flying and the flight was no more than about 2 hours it actually was a cost reduction not to mention a time machine. This allowed us to bring others for development reasons etc. When we sold the plane we still used the company that provided the service but used their planes. Based on the information I heard in the two discussions, if a company only needs one maybe two planes, I would just go with a charter. It seems to complicated for a plane or two. Having said this, one thing that was not discussed was safety. The service we used and we knew them well said many companies did not service planes as well as they should and did not get the best of pilots. It was hard to believe until about 6 years ago someone I know told me that her husband had to take over the controls from a recently retired military pilot. They were taking off (or landing) and the military pilot would have crashed the plane into the mountains. My friend's husband told the other guy to change course but he did not and even after he took over the controls the guy did not get it for a period of time. The owners of the plane did not realize that there was even a problem. I am not sure how you judge safety and maint. from a provider of these services standpoint but my guess is that your guest would know. Take care and thanks again for two great programs. Two great discussions on airplanes. Thank you!

When I was COO about 12 years ago, we bought an airplane to fly customers to our new headquarters. It turned out that we did not fly many customers but we found it to be a real time machine (I believe what your guest called airplanes). We found that if 3 people were flying and the flight was no more than about 2 hours it actually was a cost reduction not to mention a time machine. This allowed us to bring others for development reasons etc. When we sold the plane we still used the company that provided the service but used their planes. Based on the information I heard in the two discussions, if a company only needs one maybe two planes, I would just go with a charter. It seems to complicated for a plane or two.

Having said this, one thing that was not discussed was safety. The service we used and we knew them well said many companies did not service planes as well as they should and did not get the best of pilots. It was hard to believe until about 6 years ago someone I know told me that her husband had to take over the controls from a recently retired military pilot. They were taking off (or landing) and the military pilot would have crashed the plane into the mountains. My friend’s husband told the other guy to change course but he did not and even after he took over the controls the guy did not get it for a period of time. The owners of the plane did not realize that there was even a problem.

I am not sure how you judge safety and maint. from a provider of these services standpoint but my guess is that your guest would know.

Take care and thanks again for two great programs.

]]> Comment on Flying High (Planes Part 2) by Ron http://hatandcattle.com/2010/06/884/comment-page-1/#comment-20 Ron Sun, 27 Jun 2010 20:34:49 +0000 http://hatandcattle.com/?p=884#comment-20 Jim, I really enjoyed the 2 sessions on Company planes. Since I was in the aerospace and defense business my entire business career, I was vary familiar with the various topics that Dave Norton presented and discussed. I was very impressed with his breath of knowledge and insight in a very complex and highly regulated industry. I remember the many times I attended the NBAA shows and conferences in the United States. I also remember many of the corporate and buz jet manufacturers exhibited their latest aircraft at the air shows in Paris, Farnborough, Germany, Singapore, and now China and Russia. Ask Dave if his firm provides legal counsel to some of the manufactures or just the potential buyers. Finally, I remember our corpration had a few Lear Jets and Cerssna Citations which we where able to use out of Grand Rapids even those they where based elsewhere. The decision was based on a formula involving the number of people traveling from our site and the total cost of commercial flights/rental cars/hotels. Many times we could make a one day trip for major customer meetings/program review that would normally take 2 days. We could fly to Dallas in the early morning, meet with 1-2 key customers and be home for the evening news and dinner, very productive business tool. Ron Modreski Jim,
I really enjoyed the 2 sessions on Company planes. Since I was in the aerospace and defense business my entire business career, I was vary familiar with the various topics that Dave Norton presented and discussed. I was very impressed with his breath of knowledge and insight in a very complex and highly regulated industry. I remember the many times I attended the NBAA shows and conferences in the United States. I also remember many of the corporate and buz jet manufacturers exhibited their latest aircraft at the air shows in Paris, Farnborough, Germany, Singapore, and now China and Russia. Ask Dave if his firm provides legal counsel to some of the manufactures or just the potential buyers. Finally, I remember our corpration had a few Lear Jets and Cerssna Citations which we where able to use out of Grand Rapids even those they where based elsewhere. The decision was based on a formula involving the number of people traveling from our site and the total cost of commercial flights/rental cars/hotels. Many times we could make a one day trip for major customer meetings/program review that would normally take 2 days. We could fly to Dallas in the early morning, meet with 1-2 key customers and be home for the evening news and dinner, very productive business tool.

Ron Modreski

]]> Comment on Good Ranching by The Boys http://hatandcattle.com/2010/06/good-ranching/comment-page-1/#comment-13 The Boys Tue, 15 Jun 2010 02:33:52 +0000 http://hatandcattle.com/?p=786#comment-13 <strong>Jim: Hey, we got our first “hat”! <strong></strong>Chris: I know, I went straight to the saloon and ordered a bottle of whiskey. <strong>Jim: Well, I appreciated the constructive criticism. </strong></strong>Chris: Me too. I took Dave’s advice to heart and decided I only had 30 seconds to extract all of the value I could. <strong>Jim: And? </strong>Chris: Well, I was in such bad shape after downing the bottle that I fell off my horse and landed in a bed of prickly pears. When I finally woke up, my inclination was to wait around to see if anyone would come by to help. I waited about 3 minutes, and then I thought of Dave again. So I extracted everything I could in 30 seconds. <strong>Jim: Did you learn anything? </strong>Chris: Yeah, that guy Dave is a genius. Think he's with McKinsey? <strong>The Boys: Thanks Dave! Jim: Hey, we got our first “hat”!
Chris: I know, I went straight to the saloon and ordered a bottle of whiskey.
Jim: Well, I appreciated the constructive criticism.
Chris: Me too. I took Dave’s advice to heart and decided I only had 30 seconds to extract all of the value I could.
Jim: And?
Chris: Well, I was in such bad shape after downing the bottle that I fell off my horse and landed in a bed of prickly pears. When I finally woke up, my inclination was to wait around to see if anyone would come by to help. I waited about 3 minutes, and then I thought of Dave again. So I extracted everything I could in 30 seconds.
Jim: Did you learn anything?
Chris: Yeah, that guy Dave is a genius. Think he’s with McKinsey?
The Boys: Thanks Dave!

]]> Comment on Good Ranching by Scott http://hatandcattle.com/2010/06/good-ranching/comment-page-1/#comment-8 Scott Mon, 14 Jun 2010 16:04:42 +0000 http://hatandcattle.com/?p=786#comment-8 Cattle - Your approach to this is unusual enough that you arroused my curiosity... Cattle – Your approach to this is unusual enough that you arroused my curiosity…

]]> Comment on Good Ranching by Mark http://hatandcattle.com/2010/06/good-ranching/comment-page-1/#comment-7 Mark Sun, 13 Jun 2010 19:14:37 +0000 http://hatandcattle.com/?p=786#comment-7 Guys: The fact that this topic is debated in many businesses(and it is) is a disappointing reflection on corporate management today. C.S.R. is absolutely the obligation of top management to stakeholders and a cornerstone to any profitability plan. C.S.R. takes risk and costs out of the business (ie. compliance to environmental and safety regulations, lower WC costs, etc...), motivates employees (by letting them know you care about them), and serves the Board and Shareholders in higher profitability and less risk (ie. sustainability) long term. To avoid C.S.R. is short sited and eventually brings on costs and risk to the company. Guys:

The fact that this topic is debated in many businesses(and it is) is a disappointing reflection on corporate management today. C.S.R. is absolutely the obligation of top management to stakeholders and a cornerstone to any profitability plan. C.S.R. takes risk and costs out of the business (ie. compliance to environmental and safety regulations, lower WC costs, etc…), motivates employees (by letting them know you care about them), and serves the Board and Shareholders in higher profitability and less risk (ie. sustainability) long term. To avoid C.S.R. is short sited and eventually brings on costs and risk to the company.

]]> Comment on Good Ranching by Dave http://hatandcattle.com/2010/06/good-ranching/comment-page-1/#comment-6 Dave Sat, 12 Jun 2010 19:50:40 +0000 http://hatandcattle.com/?p=786#comment-6 HAT: Watched through 3:00, got nothing. Speaker said, "Long story short," I thought "too late!". Lesson: provide value in the first 30 seconds. HAT: Watched through 3:00, got nothing. Speaker said, “Long story short,” I thought “too late!”. Lesson: provide value in the first 30 seconds.

]]> Comment on Cowboy Oratory by bobalu http://hatandcattle.com/2010/06/cowboy-oratory/comment-page-1/#comment-5 bobalu Wed, 09 Jun 2010 19:53:35 +0000 http://dev.hatandcattle.com/?p=527#comment-5 cattle! cattle!

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