As much as we want to be everything to everyone; life and business just do not work that way. Companies that succeed know they need to hone their focus on their vision. They translate this vision into a powerful mission statement. They realize that mission statements are more than pithy phrases or something to fill [...]
I’ve seen this scenario, and it drives me bonkers.
Two people pitch their ideas to insert appropriate decision maker: upper management, venture capitalists, city council, and if you could put them on mute and study the ideas objectively you would see that one is clearly superior. The problem is that on more than one occasion, [...]
Project management is a discipline that offers a lot of value outside of managing “projects”. Many managers fail to see its advantages, claiming “I don’t have a project, I manage a department and its not finite”, or “project management is all about process and its too time consuming and resource intensive”.
To the first point, I [...]
Economic signals are telling us that the worse is over and we are pulling out of the recession. Before we forget the pain, I’m curious if there was any lessons learned that we’ll take with us as the economy starts to prosper?
Make those critical connections – Get to know the people now that can help [...]
I’ve long bitten my tongue when I see entrepreneurs outsourcing the writing of their business plan because they are speaking with (insert as appropriate) the VCs, the bank, other investors in two weeks, but no more. I have some things I must get off my chest. This document – a business plan – is [...]
Anita Campbell recently posted this piece in Small Business Trends – great website. The write up appears to be based on input from Mark Cuban. I have nothing to add, its sage advice from people who have been in the trenches of start ups. I thought it was worth sharing.
“You’re not spending enough money.” That is [...]
The Income Statement, Balance Sheet and Cash Flow Statement are the trifecta of a company’s financial reports and should be reviewed frequently with key employees who impact the results. Everyone should be familiar with these reports and should not rely on the CFO to interpret. I know it seems like yet more reports to pile [...]
With the economy starting to grow once again, companies that want to position themselves for success need to have an edge on the competition. To do so, they need be plan for growth.
Some ideas to consider:
Invest in New Technology – Have the new technology in place to streamline process and add customers with little incremental [...]
From the July 2009 issue of FastCompany Magazine came Adam Werbach’s list of Nature’s 10 Simple Rules for Business. I thought they were worth repeating.
From the emerging fields of biomechanics and biomimicry, scientists are decoding rules that businesses can apply so they become as hardy and long lasting as a forest. Nature, after all, has [...]
I came across this quick idea from Harvard Business School adapted from “Trouble Shoot Your Way to Recovery” by John Baldoni, and thought it very appropriate. Too often we get caught up in coming up with an elaborate plan for resolution when what we really need is a simple, practical, methodical approach to resolve the [...]
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