Life has a wicked curveball. You don’t need me to tell you that. And you probably have little need for a lot of the cliches that always seem to come one’s way when life takes an unfortunate turn. Cliches like, “when the going gets tough, the tough get going,” or “when one door closes, another […]
Change Management Is Dead – Transforming Culture Is the Future
Change is Transformation When faced with the rise of different technologies, significant changes in supply and demand, unexpected competition, lack of revenue or other major shifts in how they do business, they need to stay competitive. Transforming culture is designed to be organization-wide and enacted over a set time. A shift in the business culture […]
Process Improvement and Management: How to Improve Business Processes
By Frank Payne, Improvement is always on the minds of business owners and management teams. According to a case study written by Gary A. Rummler, founder of Rummler-Brache Group, to make a significant difference in an organization’s results, the current processes must be identified and weaknesses addressed. Rummler paired up with Allan P. Brache in […]
Stop the Hiring and Firing: Reducing Employee Turnover Is Possible
By Frank Payne, Consider this. The average cost of replacing an employee is estimated at $3,700! Although that is a staggering amount there is something that can be done. Reducing employee turnover is conceivable. No, you cannot eliminate the turnover but there are steps that can be taken to minimize the collateral damage. The bottom […]
Personal Power – How to Tap Into Yours
By Cindy Dachuk Understanding the principles behind the concept of Personal Power, along with your sources of power, are important contributors to your achieving what you want in life. It is often through our sense of powerless in situations that we undermine our belief in ourselves, leading us to work in ways that support others, […]
Five Signs You’re a Bad Boss .
By Diana Middleton, When the number of employees Matt Kaplan managed at a lab at the University of Arizona in Tucson mushroomed from six to 30, the school called in a management coach to make sure he was prepared. What he learned surprised him–his employees thought he was distant and didn’t trust their work. “The […]
Ethics in Business
By Anjaneya Reddy Sustainable advantage of an organization can be determined by its ethical capability. Ethical capability of an organization is its duty to do what is right. Some organizations such as Enron, Sathyam, and Tyco etc have made false statements in their accounts and cheated both the stakeholders and government. These kind of issues […]
The future of management: Back to basics
By Julian Birkinshaw (Management Innovation eXchange) — When you ask children what they want to be when they are older, how many of them say they want to be a manager? I’ve certainly never met one who had such aspirations. In part this is because management is a pretty amorphous concept to a ten-year-old. But […]
Moving past austerity: Business leadership principles for 2011
While it would be easy to label 2010 a year of business leadership failure, here are a few lessons from some of the most effective managers working today that we ought to carry into 2011. By Polly LaBarre, contributor (Management Innovation eXchange) — The authorities at Merriam-Webster have declared “austerity” the defining word of 2010. […]