Category :: Management Articles |
Author :: Hans Bool  |
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| Article Title :: About the Make-Buy-Outsource Question & Interfacing With Third Parties |
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| The Make-Buy-Outsource question is in many aspects a very interesting one. First of all, there is an evolutional development around the topic. Under normal circumstances, companies will first experience the –- make -- decision, in a later stage -- buy -- and afterwards -- outsource.
Make-buy-outsource is about acquiring a system that needs to fulfill a specific task in the organization. Outsourcing is broader in the way that not only a system is involved but a whole operation, including other (human) resources.The MBO-topic is not limited to the larger companies. Any small business is more flexible when it can hand-over tasks to others. For sending out a mailing you can try to (read full article) |
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Category :: Management Articles |
Author :: Ram Charan  |
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| Article Title :: The Ten Tools of Profitable Revenue Growth |
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| 1. Revenue growth is everyone's business, so make it part of everyone's daily work routine. Every employee wants to be part of a company's growth agenda, but most don't know how. Managers need to provide them with both information and tools, starting with making revenue growth an inherent part of daily conversations, meetings, and presentations.
Just as everyone participates in cost reduction, so must everyone be engaged in the growth agenda of the business. Every contact of every employee with a customer is an opportunity for revenue growth: The people answering the phones in the call center can provide valuable information on unmet customer needs. The appliance repair person (read full article) |
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Category :: Management Articles |
Author :: Steve Kaye  |
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| Article Title :: Climb out of the Box |
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| Out of the box thinking is a popular fad today. And yet, in order to leave a box, you have to realize that you are in one.
For example, the Indians who lived in the Grand Canyon believed the entire world was like the canyon. And so they didn’t try to find Kansas. This can be okay, if you’re in a beautiful place like the Grand Canyon.
It can be a rut, however, if you’re stuck in bad meetings.
For example, many leaders truly believe that it is normal to spend hours in a meeting engaged in pointless chit chat. Some believe that a meeting should be conducted like a Medieval court where the subjects listen while the boss talks. Others even believe that (read full article) |
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Category :: Management Articles |
Author :: Steve Kaye  |
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| Article Title :: 10 Characteristics of Effective Meetings |
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| Here are ten fundamental concepts that characterize an effective meeting.
1) Definition: A meeting is a business activity where select people gather to perform work that requires a team effort.
2) A meeting, like any business event, succeeds when it is preceded by planning, characterized by focus, governed by structure, and controlled by a budget.
3) Short meetings free people to work on the essential activities that represent the core of their jobs. In contrast, long meetings prevent people from working on critical tasks such as planning, communicating, and learning.
4) Three things guarantee an unproductive meeting: poor planning, lack of (read full article) |
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Category :: Management Articles |
Author :: Steve Kaye  |
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| Article Title :: Quotes About Bad Meetings |
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| Long pointless meetings are useful in that they keep incompetent people from interfering with those who are working.
Bad meetings are a cultural malady that senior executives pass on to new employees.
An employee who needs permission to buy a box of paperclips can spend tens of thousands of dollars worth of employee time on bad meetings.
Many people attempt to save time by Not planning. This false short cut guarantees that everyone will spend more time later.
Unstructured spontaneity leads to serendipity, which (in business) leads to bankruptcy.
Meetings are a magnetic opiate that keep people from the tasks they were hired to p (read full article) |
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Category :: Management Articles |
Author :: Steve Kaye  |
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| Article Title :: Lessons From the Bad Meeting Contest |
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| Here are the winning entries from a bad meeting contest and comments on what to do so that you can avoid these problems.
> Short, Expensive, and Useless.
First, she sent a letter to a prospective client in New York, proposing a meeting. Then she phoned to confirm the meeting. Although she never spoke with this prospect, his assistant seemed to agree to the meeting. So, she and her boss flew from Illinois to New York. When they arrived, they learned that the man whom they expected to meet had been transferred to another office. His replacement agreed to meet with them for a few minutes. He was polite, unprepared to discuss their offer, and not interested. It was an e (read full article) |
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Category :: Management Articles |
Author :: Jennifer Bailey  |
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| Article Title :: Non-Profit Strategic Planning |
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| It is important to mention that it is the size of the organization matters more than for-profit or non-profit status in determining the objectives, steps and activities in the Strategic Planning process. Small non-profit and for-profit organizations have a similar manner of conducting business and planning activities that are different from larger non-profit and for-profit organizations.
However, there are certain characteristic distinctions between non-profit and for-profit organizations in relation to focus of the planning activities. Unlike for-profits, which tend to focus primarily on profit-maximizing activities, the non-profit organizations generally are more focused on matters o (read full article) |
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Category :: Management Articles |
Author :: Greg Beverly  |
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| Article Title :: Tips for Collecting Past Due Accounts Receivable |
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| During a consultation with one of my clients this week, he proudly stated, "Greg, our past due accounts receivable are down from over $100,000 in October to less than $30,000 at year end! I still can’t believe what a difference those simple steps made in our collection process.” Later the same day, I spoke with a prospect who told me that more than half of his current past dues were more than 120 days. “I’ve tried everything I know to try. I’m just going to have to start beating the bushes for more business or I’m not going to make it." If both continue down the same path, which one do you think will be the most successful?My client has been very busy over the last (read full article) |
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Category :: Management Articles |
Author :: Mary Jo Asmus  |
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| Article Title :: An Open Letter to Leaders: Discovering the Power of Not Knowing |
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| Dear Leader,I’ve been working with you and watching you for awhile and, quite frankly, you talk too much. I feel breathless sometimes just trying to keep up with everything you say you know.When we talk privately, you mention that you are afraid of being caught “not knowing.” As a leader, you believe that you are expected to have all the answers. So you study long, hard hours learning what you think you might need to know for your next encounter or meeting. Maybe you do this because you fear that you’ll lose control in some way – or maybe you just want to win the next disagreement. Whatever the reason, I’m sad that you expend so much of your energy this way. Alth (read full article) |
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Category :: Management Articles |
Author :: Hans Bool  |
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| Article Title :: In-sourcing an ERP Supplier - A Quick Match of Profiles |
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| If your company is -- in the make-buy-outsource decision -- taking the step to “Buy” it will face a lot of challenges. This doesn’t mean that a decision to Make would leave you with less uncertainties. If you do opt for addressing your resources in making your own systems you will face the same level of challenges, but these ones will stay within your company. You do not have a benchmark, because you have chosen to build a proprietary solution that is specific only for your situation. There is no way to check whether you did a good job.In this sense, the step to Buy is a new one. You have chosen to go for a more best-practice approach and in the area of Enterprise Resource P (read full article) |
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