Managing a business is an ongoing balance of decision making, problem solving, future telling, and system building.
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There is plenty of talk about management versus leadership, often pitting the two in opposition to one another. Generally the contrast is based on a leader being focused on inspiration, and a manager being focused on activities. I agree with these assessments, but I also believe both are necessary in a well-run company. Leaders and…Read More
Decision Making in business is a common subject of mine. This blog is about strategy, and strategy is about knowing how and when to make the right decisions. In addition, I have been quoted on the NCR Silver blog on this topic, and one of my Udemy courses is a framework for making group decisions…Read More
Roger Federer, the great tennis player, was not always the Roger Federer we know today. In his early competition years he was known to make unforced errors and throw tantrums at his own mistakes. As he tells it, he had a natural affinity for tennis. Many complicated decisions and techniques came easy to him, and…Read More
Values are all about self-reflection. The good news is: you have complete control over your corporate values. There are few things in business over which you can claim to have full control. But values is one of them and that makes it essential to your strategy. The bad news is: we often get lost in…Read More
I have written in the past about the similarities between good management and Italian food. Today let’s elaborate on how to make this happen. “Nonna” is Italian for grandmother, and it is typical for people to use their “Nonna”‘s classic recipe for whatever they are cooking – the previously mentioned secret ingredient or special step.…Read More
Lasagna – a quintessential dish of the Italian cuisine. Originally from the Emilia Romagna region, which is really the home of pasta. It includes all the best of the regional cuisine: tasty pasta, creamy bechamel sauce, and flavorful ragú bolognese. This last is a meat sauce. With so many elements it is typical to find…Read More
It is everywhere, both praised and maligned but never ignorable. Agile. You may have heard of it in the technology sphere, as in Agile Development, and perhaps also in the business sphere as the methodology permeates all part of business management. To close off my series on process, it is worth addressing Agile as the…Read More
I mean… what’s not to enjoy? Building a process that begins at point A, understands the arrival point B, and connects all those dots with effective steps and outcomes is actually the sort of thing I might do for fun. But then, that’s why I am in this job and my clients are in theirs,…Read More
To close out this content series about resource audits, how about a mini case study… a story, if you will, about a resource audit applied? The client A software business with an established product in its chosen market. The management board had a development plan for a new product, and data to prove a market…Read More
I will often say that there is no set formula for something: there is no one correct method. There are, however, plenty of incorrect ways to do things. Resource Audits are no exception. Here are some common mistakes made when performing a resource audit. Looking only at revenue Revenue is nothing but a number. Without its…Read More