The Soul of Enterprise: Business in the Transformation Economy by THRESHOLD

Ron and Ed are thrilled to have as a Guest this week, the self described anarchist-anachronist-economist David Friedman. David is an American economist, physicist, legal scholar, and libertarian theorist. He is known for his writings in market anarchist theory, which is the subject of his most popular book, The Machinery of Freedom. Join us as we talk to him about that work and much more including the results of the US election.

We interview pricing expert Tim Smith, a fellow Professional Pricing Society faculty member and author of two fantastic pricing books, Pricing Done Right: Pricing Framework Proven Successful by the World s Most Profitable Companies, which was identified by chief executives as “Essential reading…While many books cover the concepts of pricing, Pricing Done Right goes the additional step of applying the concepts in the real world;” and Smith’s textbook, Pricing Strategy: Setting Price Levels, Managing Price Discounts, & Establishing Price Structures, which has been described by independent academic reviewers as “the most comprehensive pricing strategy book” on the market. Tim has a wealth of experience in consulting on pricing to many companies around the world, so be sure not to miss tapping in to his expertise!

The last Friday of every month Ed and Ron will do “Free-Rider Friday.” Most of our shows are “topic” driven, where we dive deep into one subject. Free-Rider Fridays are designed to be “event” driven, whatever issues are in the news that we -or you- find worthy of commentary. In economics, free riding means reaping the benefits from the actions of others and consequently refusing to bear the full costs of those actions. This means Ed and Ron will free ride off of the news, and each other, with no advanced knowledge of the events either will bring up. If you’d like to call-in during the live show, the listener line is: 866-472-5790.

On Monday and Tuesday, Ed and Ron facilitated a workshop in Niagara Falls on The Post-Professional Society. Might there be entirely new ways of organizing professional work that's more accessible, affordable, and better quality than the traditional approach? Does it follow that all the work that our professionals currently do can only be undertaken by licensed experts? To what extent do we actually trust professionals to admit that their services could be delivered differently, or passed along to non-professionals?” -“The guest will judge better of a feast than the cook”—Aristotle. Is the grand bargain -monopolies granted to the professions- actually working? Are professions serving our societies well? What will be the future roles for professionals? Join Ed and Ron as they share the lessons they learned from this workshop.

Timothy Chou has been lucky enough to have a career spanning academia, successful -and not so successful- startups and large corporations. He was one of only a few people to hold the President title at Oracle. As President of Oracle On Demand he grew the cloud business from it’s very beginning. Today that business is over 2 Billion. He wrote about the move of applications to the cloud in 2004 in his first book, “The End of Software”. Today he serves on the board of Blackbaud, a nearly 700 Million dollar vertical application cloud service company. You may not be sure why your coffee pot should talk to your toaster, but precision technology powering an Internet of Things has the potential to reshape the planet. To help clarify, Dr. Timothy Chou authored Precision: Principles, Practices and Solutions for the Internet of Things to introduce the basics of the Industrial Internet of Things -IoT.

We are pleased to have the chance to interview Dr. Reginald Lee, author of 'Lies, Damned Lies, and Cost Accounting: How Capacity Management Enables Improved Cost and Cash Flow Management,' and the founder of the Cash Flow Innovation Lab. Companies need cash flow to sustain themselves and to grow. Cost accounting was created to help determine the cost of products, services, and activities. For optimal cash performance, cost accounting is not the answer. Allocations and accruals create a gap between cash and what accounting reports. The answer? Don’t allocate costs. The Lab’s R and D objective is to create models that do not allocate costs and offer the same, and even better cost and cash flow data than you currently have. Join Ed and Ron as they discuss the further loss of relevance of cost accounting to businesses everywhere.

Live Broadcast at the The IPBC IGNITE Conference.IPBC IGNITE is the Business Advisor education event of the year! You will have access to experts and thought leaders in key areas of professional business practices that will ignite your business, your employees, and your life! Our conference is a unique opportunity to collaborate, network and educate yourself in the most critical aspects of your professional practice. You will learn crucial insights in tax, software, technology and best business practices that will elevate your knowledge to the next level.

Live Broadcast at the The IPBC IGNITE Conference.IPBC IGNITE is the Business Advisor education event of the year! You will have access to experts and thought leaders in key areas of professional business practices that will ignite your business, your employees, and your life! Our conference is a unique opportunity to collaborate, network and educate yourself in the most critical aspects of your professional practice. You will learn crucial insights in tax, software, technology and best business practices that will elevate your knowledge to the next level.

Live Broadcast at the The IPBC IGNITE Conference.IPBC IGNITE is the Business Advisor education event of the year! You will have access to experts and thought leaders in key areas of professional business practices that will ignite your business, your employees, and your life! Our conference is a unique opportunity to collaborate, network and educate yourself in the most critical aspects of your professional practice. You will learn crucial insights in tax, software, technology and best business practices that will elevate your knowledge to the next level.

Live Broadcast at the The IPBC IGNITE Conference.IPBC IGNITE is the Business Advisor education event of the year! You will have access to experts and thought leaders in key areas of professional business practices that will ignite your business, your employees, and your life! Our conference is a unique opportunity to collaborate, network and educate yourself in the most critical aspects of your professional practice. You will learn crucial insights in tax, software, technology and best business practices that will elevate your knowledge to the next level.