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Category Archives: Strategy/Planning
Critical Element Missing from Fast Company 3M Article on Innovation
Fast Company published an interesting article about an old story, 3M’s innovation culture yesterday, “How 3M Gave Everyone Days Off and Created an Innovation Dynamo” by Kaomi Goetz. The article repeats the well-known story of 3M’s policy of giving employees time to … Continue reading
Why Should You Develop a Business Plan for Going Concern, How to Do It, and How Do You Convert the Plan Into Action?
Why Should You Develop a Business Plan? For every startup the development of a business plan is a required first step. It is so obvious – business schools have course on writing the business plan and it is impossible to … Continue reading
The 6 New Management Imperatives by Bruce Temkin – comments
Bruce Temkin has published a free book on his blog[[1]], The 6 New Management Imperatives – Leadership Skills for a Radically Changed Business Environment. Mr. Temkin sets out to define a “new set of skills” for managers. These are the … Continue reading
Posted in Book Reviews, Business structure, Functional Skills, Operations, People, Strategy/Planning
Tagged bruce temkin, business processes, customers, Deming, Drucker, EFQM, empowerment, high performance, high performance organization, leadership skills, management, management principles, Marketing/Sales, Productivity, senior managers, strategic plan, Toyota Production System, TPS
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Podcast – Delegation (Outsourcing) and Keeping a Focus on Strategy and Results
Delegation and Outsourcing Share a Common Management Focus on What Needs To be Done, What Are the Results Required, and When?
Delegation (Outsourcing) and Keeping a Focus on Strategy and Results
Delegation and outsourcing share many management requirements. And they illustrate the overlap between the personal and organization spheres. Both benefit from a more nuanced use of the general management maxim, “Build on Your Strengths”. Both require a substantial understanding of what needs to be done, how it should be done, the results required, and the needed timelines. And, finally, both require ongoing management involvement to assure that those responsible for the tasks or functions, whether individuals or vendors, succeed. Continue reading
Podcast: Outsourcing – not a strategy that is as simple as a make or buy decision
Outsourcing is sometimes seen as a panacea, especially for startups. However, a sound knowledge of business practices is required to make outsourcing really work.
Outsourcing – not a strategy that is as simple as a make or buy decision
Outsourcing functions is a key element of every business’s strategy. Richard Mammone, Rutgers University BEST Institute, has written a brief article, “Humility and the Successful Startup: Every skill required to form a business should be judged on make-or-buy grounds. If … Continue reading
Time Management – is now the time to get beyond this distracting oxymoron?
Time management is an extremely popular topic. Is this productive? A Google search for the phrase “time management” returns the droll news that there are more than 14,900,000 responses. Amazon lists 448 books with ‘time management” in the title or … Continue reading
Podcast – Increase Your Value Through Customer Perception in Professional Services
Increase customer perceived value by managing expectations, making services visible, and following up.
Increase Your Value through Customer Perception in Professional Services [ 12:41 ] Play Now | Play in Popup | Download (1031)
Increase Your Value through Customer Perception in Professional Services
Most professional services firms, and many other companies where services are a significant component, are troubled by customers who do not perceive or understand the true value of what they are providing. They have difficulty getting customers to pay for upfront diagnostic/assessment work, concept modeling, … Continue reading