In this interview episode, you will hear about the business solutions that he has developed, the business model he is working on, the ideas that he is creating, the marketing strategies he is using, and the business models that he is creating.
Henry Schein is an American Business Analyst, Author, and Entrepreneur. After graduating from Harvard Business School in 1983, he joined McKinsey & Company. In 1994, he founded Schein & Associates, a consulting firm. In 1999, Schein and his partners founded Schein Consulting, a consulting company that provides services to business and industry clients.
It’s no secret that Schein is a very successful entrepreneur, and he’s been successful as an entrepreneur for over 30 years. His first business was a consulting firm that was founded in the late 80s called Schein Associates. But that was just a start, that started out with just two people. So he grew it to become a consulting firm that has become a billion dollar company with over 100,000 employees.
Schein specializes in executive search and human resources, and his consulting clients include all of the world’s largest companies and non-profits. He also specializes in business development and strategic planning, and he has a unique method for developing and executing a marketing plan that allows him to keep costs under control.
This is another example of his method for planning and managing his business to keep costs under control. Schein developed this method and it’s called the “Cascade Approach” or the “H-Plan”. Instead of just following a formula, Schein has a “H” followed by a number (which he’s told he calls a “Cascade Number”) that represents his business’s current needs.
The Cascade Approach is an extremely methodical way to approach marketing. Schein has a number that he calls a Cascade Number that represents his current business growth. As he continues to grow his business, this number grows. After his Cascade Number reaches the number he calls a Cascade Limit, he begins to shrink the size of his business. When his Cascade Limit reaches zero, he stops.
If you’ve ever found yourself in an argument with a partner and you have the courage to tell them what their business is, you might be a Schein. Our business is the same. We’re a small, family-owned business that sells house cleaning services. We have a Cascade Number that represents our current needs, and our Cascade Limit is the number at which we’re no longer able to grow.
The Scheins are one of the most successful types of small businesses in the world. They are essentially, “one-man-band” companies. The idea is that you work alongside your partner (or you manage your own small business) and you share the profits. Scheins don’t have partners, they have their own network of partners. The more Scheins you refer, the more your company grows.
The Schein business can be pretty confusing, so we asked Henrich Schein CEO, Henry Schein, to help us out. He’s been with the company since 1995 and has been instrumental in its success. He also helped us understand the company’s goals and strategies. We were also able to get him to tell us about his newest venture, Cascade, a new company that looks to revolutionise the way we think about growth.
Henry Schein is the CEO of Schein, an online business management software company that is headquartered in Scottsdale, Arizona. At Schein we’ve been doing our own research, and the company is now a family of 20 employees. The company grew by 35% in 2015 and has been named to the “Most Valuable” list by Forbes magazine.
