If you’ve ever been frustrated by short, impersonal visits to your primary care doctor, you’re not alone. Turns out, that conveyer-belt approach is a symptom of how most practices work: The physician is forced to increase patient volume as much as possible to keep the practice profitable. James S. Hahn, MD, is one of the […]Read More
We all know that we are going through one of the worst economic downturns in US history. But how bad exactly is the downturn? The recently released Gross Domestic Product data for the second quarter of 2020 paint a very grim picture, with the headline number suggesting that the economy contracted by -32.9%. GDP is […]Read More
If any state has the spirit of perseverance baked into its soul, it’s Texas. Our long and storied history as a state shows that even though we may get knocked down, we always get back up. When COVID-19 followed us in the spring of 2020, many entrepreneurs and businesses struggled to find their fiscal footing. […]Read More
2020 will go down in history. Not only because of the global pandemic, but due to the lasting impact it will have on the business community at large. Leaders are being asked—no, forced —to retool their businesses to be successful in what many believe to be our new normal. COVID-19 has changed our economic environment, […]Read More
While the last several months have presented various challenges for industries across the state, for local small businesses, it has been a season of survival mode. As small business owners balanced decreases in revenue, extended executive orders, and a desire to support and keep staff as long as possible, it quickly became clear that without […]Read More
In early April, long before we had all the data in on the economic impact of COVID-19, Texas Comptroller of Public Accounts Glenn Hegar stated unequivocally that Texas was in a recession. At the time, many others were shying away from the word. Hegar, on the other hand, warned that the only question was how […]Read More
In recent months, many business leaders have been laser-focused on the financial health of their businesses. But as Texas continues to reopen the economy, leaders must also remain focused on the health and safety of their employees. This means taking steps to keep the workplace safe for everyone who enters it, which in turn reduces […]Read More
Hiring at the director level and above has a significant impact on a company. People in these positions typically set and execute the strategy for a department, division, or the entire company, meaning that wrong hires can have a magnified negative impact, even catastrophic! As dramatically illustrated in Indiana Jones and the Last Crusade, you […]Read More
As shutdowns and unknowns surrounding COVID-19 drag on, the times feel overwhelming for many business leaders. Or, to use my nomenclature, many of us feel we’re stuck in the proverbial alligator pit. How do we keep our sanity and stay out of the swamp during this period of uncertainty? Though many of us are facing […]Read More
Creating your board agenda for 2020 will require a balance of near-term focus, agility, and long-term thinking. Based on our work at KPMG with directors and C-level executives throughout Texas, we’ve identified three key issues for boards to consider as they refine their agendas to respond to the risks and opportunities in the year ahead. […]Read More
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