brown flywheel standing in font of a white brickwall

How Can You Apply Flywheel Thinking to Your Company's Budget?

Introduction Budgeting is a critical process for any company, as it helps determine the allocation of resources, track expenses, and ultimately achieve financial goals. The process of budgeting can often be overwhelming and complex, with many competing priorities and constraints to consider. However, by applying a strategic and focused approach to budgeting, companies can achieve better results and create a sustainable path towards success. One such approach is flywheel thinking, a popular and powerful business strategy that emphasizes the use of small, deliberate and consistent actions to drive sustainable change....

January 31, 2023 · 7 min
a batch of black coal bein picked up by a shovel

Coal Was Wealth

Today I stumbled upon an interesting acronym COAL WAS WEALTH, which is a list of on-scene considerations for first arriving officers and command staff during a fire incident. The acronym stands for Construction, Occupancy, Area, Life hazard, Water, Auxiliary systems, Street conditions, Weather, Exposures, Apparatus and personnel, Location, Time and Hazards. Each segment of the acronym is important to understand and consider in order to accomplish tasks and tactics associated with a prolonged fireground progression....

January 28, 2023 · 3 min
metalic figurine woman holding scales in right hand and sword in left hand

Does Democracy Require Equality of Income or Wealth?

Democracy is often heralded as a system of governance that not only allows but facilitates equal opportunity for participation and representation. The question of whether this extends to economic equality, particularly in terms of income or wealth, is a complex and multifaceted issue. This essay explores the interplay between democracy and economic equality, drawing on insights from Scheve and Stasavage’s work, to understand the intricacies of this relationship. The Link Between Democracy and Economic Equality The intuitive assumption that democracy naturally leads to wealth equality is scrutinized by Scheve and Stasavage....

January 5, 2023 · 4 min