The vital few and trivial many
September 1, 2008 By Carl Hughes
In the early 1900s, Italian economist Vilfredo Pareto developed a mathematical formula to describe the uneven distribution of income and wealth in Switzerland.
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In the early 1900s, Italian economist Vilfredo Pareto developed a mathematical formula to describe the uneven distribution of income and wealth in Switzerland.
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I’m not sure what concerns me more about propane accident stories in the news – the apathy of the public or the apathy of some propane marketers.
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When your company is faced with a catastrophic and/or complex claim or lawsuit, it is difficult to know what to do and where to turn.
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Marketing is even more important in the retail propane business today than it has been in the recent past. Skyrocketing energy prices, customer conservation, energy switching, global warming and the green movement are a few of the new considerations we didn’t have to think about much just a few years ago. External factors are changing the propane business environment faster than at any time in the history of our industry. If marketing has been on the backburner in your company, you need to move it forward. Do it yourself or delegate marketing to a key employee if you want your propane business to succeed.
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Nobody can say for certain that residents face a greater safety risk by cooking on a backyard grill that has a plastic sleeve across the belly of its propane cylinder.
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The virgin cylinder exchange business of the early 1990s found its groove in the willingness of American homeowners to pay a premium to replace their battered, empty propane tanks with clean, full ones wherever they bought gasoline, grills and groceries.
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As the cost of steel keeps going up, with propane-tank pricing bursting at the seams, marketers are facing a conundrum when trying to save money on LPG delivery by making fewer runs and installing larger vessels at accounts drawing heftier loads.
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Of all the useful managerial tools available to retail propane distributors, none may be more underutilized than a well-designed, performance-incentive compensation plan.
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Whenever someone is perceived to exaggerate probability and consequences, they are accused of making a mountain out of a molehill. This catchphrase is usually applied when bean counters and actuaries point out the cost of addressing some problem that seems unlikely to occur.
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Ferrellgas Partners has withdrawn its membership from the National Propane Gas Association (NPGA) over claims of inequity in service provided to major retailers and independent marketers.
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