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Our policy for share buybacks has been slightly changed. We have commented on this recently before. The policy is now that we will return up to 100% of free cash flow after dividends and acquisitions via share buyback.
. Top Bakken producers: CLR, EOG, KOG, WLL, HES, XOM, OAS, NOG, EOX, MRO. Companies in shale fields from North Dakota to Texas are talking tough in the face of Saudi Arabia’s price war, believing they have more staying power than many of the OPEC partners. Arabia is really taking a big gamble.
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Another thing to do to get people on board is to make sure your people understand enough of the basics of business that they can see how the strategy is going to make them better off, increase their job security, increase the likelihood that they get promotions, and how it will increase the likelihood that they see pay increases in the future. Without these conceptual tools, it will be much more difficult to get buy in and intelligent support of the strategy from an employee. Several companies with whom we have worked have had well designed performance compensation systems fail simply because the employees didn’t understand income statements.
I hope you do. It is just fun to try to guess though. I always had fun with it.
. Select the flex type that feels best when you swing the club, then use that flex type for all your clubs. Look for clubs labeled “game improvement,” which are more forgiving of mis hit shots. You can purchase a beginner set or assemble your own.
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