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Searching
for New Profit Ideas in Your Company? Look No Further than the Services Department!
by Jim Sakaguchi
If you're a maker of hardware or other products with profit margins getting
squeezed by the competition, you may want to consider developing new revenue
streams from your services department. You may be surprised to learn there are
several ways to turn service offerings into a competitive advantage and create
new profits for your company.
Eight
Strategies for Achieving SMART Goals
by Merlyn Sanchez
Are you tired of setting goals and not achieving them? Learn the eight strategies
for setting and achieving "SMART" Goals.
We're
Going Lean, Where's the Payoff?
by Rick Pay
Lean manufacturing, Lean operations, Lean administration, Lean accounting.
It seems that everywhere you turn, Lean is permeating American industry. Yet,
a mere 2% of the companies have fully achieved their objectives
and only an additional 24% reported they have had significant results. Why
are more than 60% of the companies implementing Lean not making the progress
they would like to see?
Beyond the “Balanced” Scorecard: How an “Un-Balanced” View of Performance Could Dramatically
Increase Your Ability to Execute
by Dr. Dan Roller
If you are thinking about “ordering” a Balanced Scorecard, think again, or rather, think first of your organization’s specific needs around strategy execution. Once these needs are clear, ask what type of scorecard will best help you address these needs and best facilitate the effective execution of your organization’s vision, mission, and strategy.
Culture
KOs Strategy ... Again
by Ed Horrell
I
often write about the importance of corporate culture and how it affects
a business. I found a great example of a company that had a clear
culture, lost it for a while and brought it back with a vengeance.
If you've ever doubted the impact of culture, read on. You'll like
this story.
Ma
Bell Uses Fuzzy Math
by Ed Horrell
I challenge
you to read your next corporate telephone bill with any comfort that you
are getting what you paid for. Then
remember that there is a company watching out for you.
Hunting
Gorillas in the Corridors
by Peter de
Jager
The ugliest 600lb purple polka dotted Gorilla in most organizations is “the
pervasive unwillingness to confront problems.” Recognize THAT specific Gorilla and all the other ones will go away.
Improve
Your Time Management Skills by Limiting Distractions and Eliminating Excuses
by Denise Landers
Once you deal with the top ten distractions and eliminate the top six excuses
you can improve your time management skills, increase your productivity,
lower your daily stress, and gain control.
Do
Your People Let You Down? - Unintelligent Dressing
by Peter Landau
The subconscious mind is an amazing machine, it takes in information all
the time and computes it and most of the time one is unaware it’s happening.
What you wear can improve your chances of success.
Watch
Out For the Red Zone of Pricing Strategy
by Dr. Reed
K. Holden
This year, we'll be hearing about more price wars then ever. To ensure your
company doesn't fall into the Red Zone, relentlessly monitor your competitors,
provide leadership guidance and do the necessary advanced planning.
Time
Management Systems Help Us Soar!
by Denise Landers
On a recent airplane flight, I thought of all the systems
that are in place to get us from one destination to another as efficiently
as possible. Set up the systems that will help you soar!
Lean
Six Sigma for Enterprise Resource Planning: Four Principles for Chief Executives
by Forrest W.
Breyfogle III
Chief executives of businesses large and small are using
Lean Six Sigma to improve their organizations' performance. Too often, however,
they are viewing the methodology through myopic lenses.
Designing
Deals for Lasting Value
by David A. Lax
and James K. Sebenius
Negotiation involves the art and science of drawing
up deals that create lasting value. Deal design is an essential part of 3D
Negotiation™ that is often overlooked.
Time
Management Training: Organize Your Time With The Building Blocks of Productivity
by Denise Landers
Why spend extra hours in the evenings on work that you
could have fit into the day with the right construction of your schedule?
Lean
PIZZA - Applying Lean Principles to Small Businesses
by Dan Stoelb
No, this isn't a story on how to make a pizza that has
fewer calories or is fat-free. Rather, it is a story of how even a small "ma
and pa" shop can apply lean manufacturing concepts and tools and see a significant
improvement in their bottom-line results.
Want
Higher Profits? Choose Your Customers Wisely
by Lynn Daniel
Keeping your company clearly focused on profitable customers
and opportunities will help ensure that your company is profitable, no matter
how the economy fares.
What's
Propping Up Your Leadership?
by Sam Allman
Is your leadership upheld by being liked? Being respected?
Both? Finessing these two contraries is one of the most difficult challenges
in leadership.
Getting
Things Done: The ABCs of Time Management by
Edwin C. Bliss
summarized by
Cam Howey
Bliss' book was first published in 1976, and was updated
in 1993. His ABCs are 'right on' and provide ways to better manage our precious
time. By using the tools in this book, they will help improve performance and get
the right things done.
How
CEO's Can Use Axiology to Improve the Bottom Line Part I
by Mitch Axelrod
and John Beaton
In today's fast-paced business world, CEO's are trying
to keep up with change and adapt to the global marketplace, constantly searching
the horizon for an edge over the competition. One thing they overlook is very
close to home.
How
CEO's Can Use Axiology to Improve the Bottom Line Part 2
by Mitch Axelrod
and John Beaton
In our first article we explained the little known science
of Axiology and the Value Profile. In this article we continue on to discover
additional and deeper critical distinctions the Value Profile provides.
The
Most Neglected Ingredient in Business Growth
by Sam Allman
A business short on capital can borrow money, and one
in a poor location can move. But a business short on leadership has little
chance of survival.
Creating
Powerful Management "Synergy" Via Executive Compensation
by A. Lee Westervelt
Crafting an effective executive compensation program
is complex - part art, part science. It requires a careful and thoughtful
understanding of the business, of the executives running the business, and
of the goals the two have together.
The
Game Plan – the Difference Between Small Business Success and Failure
by Jan B. King
A business plan gets you in the game. A game plan keeps
you in the game. A business plan is a sales brochure and a game plan is an
instruction manual. A game plan is about tactics.
Cut
Waste with Lean Teams
by Lewis E. Frees,
Ph. D.
Lean teams assume that the work is continuing 24/7,
whether people are spread down the hall, across town or around the world.
In addition to expecting effective interactive skills and processes, lean
teams use a combination of process redesign and technology.
Realizing
Your Best and Highest Use: Your Key to Success as a Company, Executive or
Consultant
by Andy Birol
If a company, executive or consultant can uncover their
best and highest use, there is a much higher chance they will be successful,
achieve their objectives, and have fun.
Why
"Free Agent Thinking" is Good for Your Company
by Lora J. Adrianse
Do your employees a favor. Encourage free agent thinking.
As a company, yes, you'll have to work harder to keep the talent you want
to keep. And yes, you'll probably lose some.
ISO
9002 or ISO Stupid?
by Andy Birol
How can you take the best from ISO to drive your costs
down and your quality up without risking your future of innovation, customer
value, and profitability? Here are a few key steps.
Getting
Back to Behavioral Core Competencies
by Dick Olenych
As companies take an introspective look, they are realizing that behavioral
core competencies are crucial in obtaining success in business and in life
- Competencies Really Matter!
Survey
Strategies and Solutions
by Shirley Frazier
Many firms prepare surveys with the help of outside
consultants, but this isn’t always the best option. If you’re ready to go
this alone, here are five points to steer your company toward developing an
insightful survey.
The
Five P's of a Profitable Business - Purpose, Position, Promotion, Performance,
and Phun
by Sid Smith
Having a profitable business is like a flowing river.
If you try to force it uphill it won't get very far. Allow it to flow in its
natural direction, and it will eventually get to its goal, even if that means
meandering across a long valley or pushing its way through a rocky gorge.
Don’t
Strategize, Empathize
by
Irene Etzkorn
“Who
designs these things?” We’ve all asked the question. Usually, it’s as we’re
struggling with impenetrable packaging or trying in vain to turn off the mysteriously
blaring burglar alarm.
The
Solopreneur Bill of Rights
by
Veronika Noize and Jack Rubinger
The Solopreneur (one-person business such as a consultant)
is a breed within a breed. After years of working on our own, we’ve generated
an important set of rights that all solopreneurs can recognize and appreciate.
Eenie,
Meenie, Miney, Moe ... Isn't There a Better Way to Pick a Consultant?
by Victoria
A. Hoevemeyer
Organizations spend billions of dollars for impractical
or incomplete data, ineffective or inappropriate interventions, and poorly
thought-out or implemented recommendations. This article can help you select
a qualified consultant.
What
is a SWOT?
by Skip Corsini
Successful companies constantly review their current business strategies to
make sure they are working and effective. One of the simplest and most effective
ways to do so is through a situational, or SWOT, analysis. It is a powerful
tool in creating and maintaining the necessary and all-important strategic
conversation within a company.
Saving
Money Everywhere: Uncovering Waste's Hiding Places
by David A.
Goldsmith & Lorrie Goldsmith
Corporate waste is more prevalent than most people realize. The good news
is that once you know where to look, preventing waste and pocketing profits
is an easy task.
Uncover
and Eliminate the Hidden Costs NOW!
by Lora J.
Adrianse
Now is the time to take a closer look, to find, uncover and eliminate the
"hidden costs". The hidden costs are far less obvious to the major decision
makers, and may be most obvious to the people who are closest to getting the
work done.
On
Being Proactive
by Preston G.
Smith
"Proactive" is a contemporary buzzword. But like many buzzwords, this one
is far easier to recite than it is to apply.
Increase
Your Human Capital ROI with an Alumni Network
by Christina
Morfeld
As the concept of "lifetime employment" becomes obsolete, many organizations
are finding that they have more former employees than current ones. They are also beginning to recognize the bottom-line benefits of cultivating
ongoing relationships with their "alumni."
Sales
Best Practice - The Ten Fundamentals
by Richard Ilsley
It is hard to find an organisation that is not using the term 'Best Practice'
somewhere within its sales operation. It seems that no matter where you go,
someone is talking about it and everyone wants it. But what is it and how
do we know when we have it?
Business
Dashboard
by Gary Lockwood
When
you are driving down the road, a quick glance at your car's dashboard gives
you a lot of information. In an instant, you know how fast you're going, how
much fuel you have remaining and whether the engine is overheating. What are
you looking at as you're driving your company? How easily (and quickly) can
you get crucial information on all your key performance indicators?
The
New Accountability: Part 2
by Brian Ward
Using the balanced scorecard to align accountabilities for results.
Corporate
Firefighting with the Fire Triangle
by Michael L.
Perla
The
fire triangle is one conceptual tool for the organizational problem solver's
toolbox. Like most models or tools, it is simplified and inherently iterative,
yet it provides a focus for understanding different problem elements and how
they interact.
A
"Cyber" Staffing Solution for Small Businesses
by Christina Morfeld
Consultants,
entrepreneurs, and other independent professionals often find themselves performing
a juggling act. Fortunately, advancements in technology have spawned a new
industry, called "Virtual Assistance," that provides SOHOs with the relief
that they need.
"Problem
Employee"
by Lee A. Plutino
A
"problem employee." What is that? We've all heard the term at one time or
another. How and what a company communicates, directly or indirectly, affects
how the employee interprets his relationship to the company.
Sustain
the Gain of Change
by Greg Brue
You don't make the investment in Six Sigma and take the time to train people,
to select projects, and then to drill down to your costs of poor quality once.
Six Sigma is ongoing; it's a constant, "living" methodology that needs to
continue as long as your business does.
The
Breakfast of Champions - How Organizational Self-Assessments Can Put You on
the Road to Success
by Brian Ward
It
has been said that 'feedback is the breakfast of champions.' With a comprehensive
Objective Self-Assessment, it becomes the full meal deal!
Demystifying
Value Added
by Derek F.
Martin
Despite its widespread acceptance, few people can actually define value added
in a way that enables them to apply it. Take the time to understand the components
of value added so that you can employ it in your own activities.
Managing
Risk in a Start-Up Through Trust and Foresight
by
Stacey van Hooven
The new
economy created rapid growth and sudden wealth for many young companies, a
great deal of which we all know now has dissipated. Many failed start-ups
might have better managed their risk with an extra touch of integrity and
a carefully considered risk plan.
Cutting
Costs Without Losing Your Shirt - A Strategic Approach to Cost Reduction
by
Derek F. Martin
The five-step
SCR methodology primes your organization to enact value creating and sustainable
cost savings.
Quality
Improvement: A Front Line View
by
Judy Worrell
In spite
of the broad recognition and adaptation to quality improvement, there continues
to be a challenge within organizations to fully integrate this newer approach
with the work of front line staff. This article identifies some of the factors
that contribute to these barriers, and suggests some proven strategies for
overcoming them.
Risking
to Win – How to Improve Performance by Taking Risks
by
Jim McCormick
Consistent top performers are talented and persistent
risk-takers, and it is possible to improve a person's risk-taking ability
and thereby their performance.
The
Independent Business Professional Thrives!
by
Rick Sidorowicz
Individuals and organizations share a common challenge
of adapting quickly to new and unique circumstances and re-inventing how they
can create and deliver real value to their customers.
The
CEO Challenge - Put Yourself to the Test
by Bill Fisher
Quality pictures of understanding make it easier for everyone to do better
work. Put yourself to the test.
Win
Win Conflict Resolution - High Powered Energy Transformation!
by Rick Sidorowicz
How we ‘hold’ conflict and how we ‘handle’ it can re-energize our spirits
and strengthen individuals’ alignment to a common purpose.
The
Focus is on Performance!
by Rick Sidorowicz
The set of skills, attributes and attitudes of the independent business professional
are precisely those needed by individuals and organizations alike to respond
effectively.
The
Critical, The Few, The Vital, But Not Necessarily The Only
by H. Peter
Schiller
Exploring the 80/20 rule. Our gut instinct tells us to stick with the few,
the simple, the vital. What is the 80/20 rule? How does it work? Does it always
work?
Performance
Improvement - A Classic Checklist
by Rick Sidorowicz
"Improving Performance" by Rummler and Brache remains a classic reference
for organization design, process re-engineering, and performance improvement.
Faster
Cycle Times - Just Do It!
by Rick Sidorowicz
What hurts? Where are the gaps? Make decisions in real time! Get ‘stuff’ done
fast! The ‘doing’ makes the difference.
Faster
Cycle Times - Streamlining Basics
by Rick Sidorowicz
Assess value from the customer’s point of view, eliminate bureaucracy, simplify
and accelerate action, and get closer to the customer - for superior performance.
Deming’s
14 Points
by Rick Sidorowicz
A refresher on the basics of quality - the key issues as prescribed by the
master - W. Edwards Deming.
Characteristics
of the 'Best in Class'
by Rick Sidorowicz
Fast Cycle Time - try this quick and dirty quiz to see how your firm measures
up to the best?
The
Independent Business Professional
by Rick Sidorowicz
What is really wanted and needed? Independent contractors have a different
point of view!
Related
Topics: Leading Change | Customer
Service | Project Management
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