Our philosophy

 

The Profit Think Tank is an organization which focuses on profitability strategies for business owners and managers. The organization centers on small to medium sized businesses, typically that are closely held.

There are two guiding premises behind The Profit Think Tank, as follows:

Profitability as a management discipline - We believe that managing a business with an understanding of ways to grow profitability in the company. This is a broader based, more holistic thinking approach. Designing companies for profitability is not a "greedy" concept, but rather one that has a a mature view of the importance of profitability to the sustainability, and impact of the company.

User driven, evolving content - Businesses evolve and so should ideas used to manage them. The "think tank" element of the program encourages participants to not only learn, but to contribute back to the content. This mindset allows the content to expand and grow with user experience and feedback.


We have a few other principles which impact our approach...

* Management philosophies can often be boiled down into over arching, simple principles - however, there are often significant details under those broad concepts ... we attempt to highlight both

* Because of the details discussed above, this increases the value of breaking the material down into small segments and revisiting over the course of time, this increases both retention and the "reminder factor"

* Jargon should be used sparingly, if at all. Most management systems can be explained in standard (even basic) language; the tendency of content experts to use sophisticated language and complex jargon is (in our opinion) mainly for the benefit of the writer, not the reader ... so we make all attempts to make our materials the most accessible by using standard language (hey, it might even take more genius to explain complex things in simple terms than to dress up basic concepts with jargon)

* Learning about profitability is about a bigger concept than just making more money and growing a career. There certainly is an element of service and or a "greater good" to these skills. We challenge all users to look for the "bigger meaning" of them and to use them in the way that leads to the best good for you - and your greater contributions, including, importantly, to others.

The organization is a for-profit business, however, has an emphasis on supporting not-for-profit organizations who support entrepreneurs and to ensure high quality management content is widely available to business managers. We believe this access promotes a better business world, and contribution. The company publishes content and provides business services around the concepts.

Curt Clinkinbeard, a marketing and strategic planning consultant, is the Founding Member of The Profit Think Tank, but recognizes the spirit of the organization is to be member-driven and organized in a way to create the greatest value to the members and create a format where entrepreneurs can use, and contribute to excellent management practices.