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October 29, 2012
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  Top Story 
FEATURED ARTICLE: Understanding the Power of the Pareto Principle
Here's how the Pareto Principle, also known as the 80-20 rule, can show you which customers you should spend the most time with. Read the article to learn more.

  Industry Buzz 
  • How to select the right kind of snow thrower
    To select a snow thrower suitable for your needs, consider the size of the properties you work and the amount of snowfall they get, Becky Garber writes. A single-stage snow thrower works when you need to clear smaller areas, while a two-stage snowblower is appropriate for larger properties. Summit Daily News (Frisco, Colo.) (10/28) LinkedInFacebookTwitterEmail this Story
  • Other News
  Economic Indicators 
  • Consumer spending increased Q3 economic growth in U.S.
    U.S. economic growth rose to an annual rate of 2% in the third quarter, up from 1.3% in Q2, the Commerce Department said. Expansion from last-minute consumer spending was more than what most economists expected but not enough to significantly affect the unemployment rate. Reuters (10/26) LinkedInFacebookTwitterEmail this Story
  • "Fiscal cliff" could be much worse than predicted, economists say
    Economists at the International Monetary Fund and academic institutions say damage by the "fiscal cliff" to the U.S. economy could be far worse than the Congressional Budget Office predicted. IMF research indicates that when interest rates are low, every $1 of deficit reduction drains as much as $1.70 from the global economy. Reuters (10/28) LinkedInFacebookTwitterEmail this Story
  Hot Topics 

Top five news stories selected by OPEI SmartBrief readers in the past week.

  • Results based on number of times each story was clicked by readers.
  Inside & Out 
  • Do you lead, or do you only pretend?
    Leaders can be thought of as the actors of business: The bad ones are transparently inauthentic, while the best inspire and enrapture, Alan Derek Utley writes. Along with authenticity is a need to receive honest feedback. "For most of us, our reviews aren't likely published for public view," Utley writes. "But the best leaders seek out reviews, and don't stop at the ones that are glowing. They find the truth tellers who genuinely want them to be better." LeadChangeGroup.com (10/25) LinkedInFacebookTwitterEmail this Story
  • Why sales goals have to be realistic
    Setting lofty sales goals is important, but you have to make sure the goals are realistic, or you risk setting yourself up for failure, writes Sean McPheat of MTD Sales Training. "When setting sales goals, keep the facts and reality in mind. ... Examine your closing averages, average sales commissions, the number of completed closing attempts, etc. Then set a goal that will exceed those numbers, but [is] still in the realm of possibility," he writes. MTDSalesTraining.com (10/23) LinkedInFacebookTwitterEmail this Story
  Policy Update 
  • Debt-ceiling issue will fall hard on heels of "fiscal cliff"
    The debt limit is languishing in the shadow of the "fiscal cliff," yet the Treasury Department can keep default at bay until only February or March. However, few people talking about it. "I think the idea that you would go through ... a cliff debate and then two months later a debt-ceiling debate. ... You thought August of 2011 was ugly? Why would we shock the economy?" Sen. Mark Warner, D-Va., said at SIFMA's Annual Meeting in New York last week. Politico (Washington, D.C.) (10/26) LinkedInFacebookTwitterEmail this Story
  OPEI News 
  • Outdoor Power Report: A quarterly update for OPEI members
    OPEI's quarterly summary of issues and activities is now available. Read the report. LinkedInFacebookTwitterEmail this Story
Learn more about OPEI ->OPEI Homepage  |  GIE+EXPO  |  TurfMutt

  SmartQuote 
Being inexhaustible, life and nature are a constant stimulus for a creative mind."
--Hans Hoffman,
German-American abstract expressionist painter


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