focus
Getting the best out of your creative people
Creativity is even more important in times when sales are harder to come by and customers are less loyal. If you need more creative ideas and can't afford to invest more resources to get them, you'll have to get better results out of your existing creative types by better focusing their activities. Help them to think inside a very carefully designed box, by spelling out as specifically as possible the (legitimate) constraints you're under, and then demand solutions that work within those constraints. Full article. Similar article.
Good riddance to Imperial CEOs
Members of the C-suite—the CEOs, CFOs, and other chiefs who only focus on financial results run the risk of appearing unapproachable and more consumed with dividends and returns on investment than with the development and performance of their employees. This translates into the risk of being so out of touch with people they lead that they learn about bad news only when it’s too late to do anything about it. Savvy leaders understand that they need to demonstrate that they value their employees, a focus that will better serve their efforts to create and maintain a viable, effective organization. Full Article. Similar Article.
Strategy Means Knowing Your Bandwidth
One key element of strategy that is critical for all businesses—but particularly for smaller or early-stage companies—is the issue of choice, i.e. deciding on an area of focus: What you do and don’t, what products or services you offer and what you don’t, and to which customer segments. It is important that you do not try to be all things to all people, as that just doesn’t work. There are, however, several questions you can ask yourself to be sure you are making appropriate choices. Full Article.
How Companies Can Mine the Hidden Gold
As companies begin to focus on expanding revenues rather than cutting costs, it will become a far more competitive environment than when the recession began. The age of "Super Competition" is about to begin; companies will have more chance of winning in this super competitive environment if they start planning for it immediately and focus on expanding revenues. Full Article.
