Posts Tagged ‘Business Management’

Week In Review : Feb 6 – Feb 12, 2011

by Magesh Tarala on February 13, 2011

Developing Organizational Bench Strength

by Sean Conrad, Feb 7, 2011

Identifying your core, differentiating competencies, and then developing them in your entire workforce, but especially in your high potential employees helps to ensure your organization has the bench strength it needs to compete and succeed. Developing bench strength is about developing pools or groups of employees, not just individuals. It’s vital that you identify these high potential employees. If they’re valuable to you, they’re likely also valuable to your competitors and to companies in other industries. more…

Project Reality Check #8: Project Execution – Fantasy vs. Reality

by Gary Monti, Feb 8, 2011

No good deed goes unpunished” is a common project reality. It happens in spite of the best of intentions because of the disconnect between the various truth systems. One of the project manager’s jobs is working the interfaces between all those truth systems and doing so in a way their integrity remains intact. more…

Brilliant advertisements = Phenomenal Sales. True or False?

by Vijay Peduru, Feb 9, 2011

Don’t expect your product to sell more with brilliant ads and average product. 1984 Superbowl commercial for Macintosh computers is a great example. This strategy does not work in the Industrial age anymore. A product has to be first really useful to the customers before advertising helps. Now we need remarkable products or remarkable ideas, which can spread virally. more…

Flexible Focus #40: The 8 frames of life: Society

by William Reed, Feb 10, 2011

In today’s world, your place in society is not longer controlled by birth, circumstance or fortune. The amazing impact of technology to connect people and facilitate communication is firmly put you in control of your personal identity. There is plenty of good and generous advice searchable on the Internet about personal branding through Facebook, Twitter, YouTube, Linkedin, and many other popular social networks. The challenge is not so much how to get online but rather why, knowing your role, mission, and purpose in engaging in Social Media. Download a Social Media Mandalato help you think about which aspect of social media you might want to include or improve. more…

Leader driven Harmony #11: Know your Boss’s job and Your Replacement’s Name

by Mack McKinney, Feb 11, 2011

Succession planning in some organizations happen more methodically and maybe only for key positions. But in most cases, it may not be thought out or planned for. And when circumstances arise, you may be in your boss’s shoes… soon. You never know. Learn about how to get ready to take your boss’s job. more…

Week In Review – Jan 30 – Feb 5, 2011

by Magesh Tarala on February 6, 2011

Pop-up retail, meet pop-up office

by Marc Watley, Jan 31, 2011

Pop-up retail stores is a recent concept that’s enjoyed immense success. This is applicable to B2B focused organizations too. For example, consider a SaaS company in Dallas needing exposure in Silicon Valley in order for the new product to succeed. They should consider setting up a pop-up office in University Avenue in Palo Alto or Castro Street in Mountain View, for example, which are both hotbeds of Valley activity – with everyone from Googlers to Facebookers to VCs constantly rushing along these thoroughfares to coffee/lunch/dinner meetings. Despite the recent corner-turning of the economy, most cities’ central business districts like these still have plenty of empty storefronts and ground-level offices. Right now is a particularly good time to consider a pop-up office. more…

Project Reality Check #7: Cage Wrestling – Project vs. Operations Management

by Gary Monti, Feb 1, 2011

Inherent conflict between projects and operations might be called white-collar cage wrestling. Participants are focused, strong, and may carry the belief – winning means dominance of their approach. Who’s right? They both are. What is at stake is delivery of a product that performs well and is sustainable. more…

Social Media and Tribes #28: Social Media on the GO!

by Deepika Bajaj, Feb 2, 2011

In today’s world, we are no more rooted to our computer for staying connected. This is largely because of the advent of smart phone and mobile apps. If you have an iPhone and a friend of yours complains about your delay in responding to his/her email…you better NOT say, “I was away from my computer”. Similarly, if you are a smart phone user and you say to someone “I don’t have time to Tweet or FB”; most likely they are wondering if you are using any smarts of the smart phone! more…

Flexible Focus #39: The Principle of Gratitude

by William Reed, Feb 3, 2011

One of the hardest lessons of flexibility is letting go of the ego’s attachments. Pride prevents you from achieving flexibility, because it insists on being right, being first, or being better than others. It’s companions are alike, inflexible, stubborn, righteous, and condescending. The ancient Greeks called it hubris (hybris), excessive ambition or pride leading to a fall, or to total ruin. There is away to flexibility, based on a Mandala Principle from Buddhism, the Principle of Gratitude (慈悲喜捨 Jihi Kisha). You can download the Mandala of Gratitude, and start using it in your daily life. more…

Leader driven Harmony #10: Don’t Be a Baby Bird (Part II)

by Mack McKinney, Feb 4, 2011

You can spend an (enjoyable) lifetime in anything, if you get all the way IN IT. Business, retail, real estate, banking, dentistry, chiropractic, farming, nursing, appliance repair, EVERY FIELD can provide you with a lifetime of thought and involvement if you will just dive in and commit to being the best at it. Do you have a “fire in the belly” to stop being a baby bird? more…

Week In Review : Jan 23 – Jan 29, 2011

by Magesh Tarala on January 30, 2011

The Origin of Leaders #5: Habits. Routine sets you Free!

by Conor Neill, Jan 24, 2011

Aristotle says “we are what we habitually do”.  Who I am and become is directly related to my daily habits! For instance, you are not a smoker if you smoke 1 cigarette.  You are not a smoker if you smoke 2 cigarettes.  You become a smoker at some point where it becomes a daily thing! As the routine is repeated more and more regularly it takes less and less effort or self-discipline to begin and complete the routine. more…

Project Reality Check #6: Shall we Dance? Managing Change Orders

by Gary Monti, Jan 25, 2011

Over the years, PMI® has shown in the Guide to the Project Management Body of Knowledge® more and more acceptance of the need to address change as the project progresses. Why? Stakeholders rarely understand everything needed to address their needs. Regardless of the level of detail and planning brought to a situation there always is some variance in performance present. This is where change orders come into play and why they are so important. But remember, it is dangerous to believe enough change orders will compensate for vague contracting, lack of planning, and little or no discipline. more…

Social Media and Tribes #27: Gen Y changes TV viewing experience

by Deepika Bajaj, Jan 26, 2011

Gen Y watches over 3 hours of TV a day, but it’s not a couch potato experience. They’ve turned TV viewing itself into social media. If you see them watching TV, do not assume that that is ALL they are doing. Check how they are texting, commenting and tweeting. They don’t just watch a movie, they are sharing, collaborating, distributing and connecting. more…

Flexible Focus #38: Flexibility without Forcing

by William Reed, Jan 27, 2011

When your body is stiff, then physical stretching can feel more like pain than gain. A similar thing happens mentally when your values or beliefs are forcibly stretched beyond their limits. The key to expanding your comfort zone is to have more degrees of freedom. When you have more degrees of freedom in your mind and movements, then you experience flexible focus in action! more…

Leader driven Harmony #9: Don’t Be a Baby Bird (PartI)

by Mack McKinney, Jan 28, 2011

As the parent bird swoops in, the baby birds open their beaks and the parent plops a juicy worm or insect right into junior’s gaping mouth.  The baby just sits and eats.  The parent does all the work. Are you one of those?. more…

Week In Review : Jan 16 – Jan 22, 2011

by Magesh Tarala on January 23, 2011

Still busy? – Even with all the productivity enhancing gadgets

by Vijay Peduru, Jan 17, 2011

A recent article in NYT  talked about how kids are wired for distraction by always being online . Every Gadget they use is connected to the internet and the kids are always distracted. It is not just the kids even we grown-ups do this. Each one of us wants distractions and these tools are just another avenue for our distractions. We want distractions because we want to escape from things which are bothering us. Choose to face the problem and use the time previously used for distractions for more enjoyable tasks. more…

Free eBook: Freedom, money, time and the key to Creative Success

by Himanshu Jhamb, Jan 18, 2011

In Mark McGuinness’ own words: Creative people are those who work hard, but because they love what they do, it doesn’t feel like work. Your key to success doesn’t cost a dime… Get your FREE copy of Freedom, Money, Time and the Key to Creative Success by clicking here OR by going directly to the download page. It’s a light read – 34 pages in all. And it’s full of practical advice you can apply to your own situation. more…

Project Reality Check #5: The Devil is in the Details

by Gary Monti, Jan 19, 2011

Expected Monetary Value (EMV) connects the customer with the team. This tool is very powerful. At the core, an EMV calculation comprises probability times impact to get a weighted number. The EMV model is a great way to connect with stakeholders and work rationally while keeping relationships intact. more…

Flexible Focus #37: Navigate with Nanba!

by William Reed, Jan 20, 2011

Earlier in this series in an article called Mobile Mandala, we introduced an exciting new iPad Application called theMandalaChart for iPad, which is available in the iTunes Store. We are proud to announce the first of these templates, a set of 30 Mandala Charts for the iPad application called the Nanba Diary. These pages explain how the MandalaChart and Nanba Diary work for you. more…

Leader driven Harmony #8: Get a FIRE going in Your Belly!

by Mack McKinney, Jan 21, 2011

Let’s pretend you have a major, life-threatening disease and are seeking treatment.  Do you want to be treated by a physician, physician’s assistant or nurse who just kinda likes their job?  Who just muddles through the day?  Who is about as good at the job as most other physicians?  OF COURSE NOT! Same applies to you if you are providing some service or product to someone. In this article Mack tells you how do you get to be the best and how you can rise past the others in your field and become the “go-to” person?. more…

Week In Review : Jan 9 – Jan 15, 2011

by Magesh Tarala on January 16, 2011

Project Leadership #4: Trust is bidirectional

by Himanshu Jhamb, Jan 10, 2011

Trust is a key ingredient for a project’s success. Establishing bidirectional trust with the stakeholders – Client, Management and Team, lowers the cost of transaction and improves the quality of your projects. This happens only if you care for the stakeholders – all of them. Project that operate in this mode will flow smoothly and be phenomenally more successful! more…

Project Reality Check #4: Know the Business, Gain Power

by Gary Monti, Jan 11, 2011

Project managers (PMs) have to deliver; yet power to get the job done can be elusive. But PMs can take care of themselves and the team knowing they are lower on the food chain and get some power. How? By understanding and communicating in the language used by those with more strategic positions and power. This language also needs to provide a portal through which the PMs can express project concerns. The language is risk management.  more…

Social Media and Tribes #26: Social Media in 2011. Are you still in the GAME?

by Deepika Bajaj, Jan 12, 2011

By the end of 2010 the concept of social media became part of our lives because there was a need for an “Online Conversation” – to talk, listen and engage with your influencers. “SO WHAT? WHAT NEXT?”. You may have just scratched the surface of social media…new challenges and new opportunities are in the horizon. The bars are being raised and the learning curve is steep….What matters is Are You Fatigued or Are you Adapting? more…

Flexible Focus #36: Charting New Territory

by William Reed, January 13, 2011

It is time again to look back and gain some perspective on where we have been in the last eight weeks. Revisiting these articles will help you re-explore the territories where we have been, and see also how they fit together. And also reflects the amazing range of topics possible to address with the Mandala Chart. more…

Leader driven Harmony #7: Failure is required (Part II)

by Mack Mckinney, Jan 14, 2011

In the previous post Mack discussed the danger of not experiencing enough failure in life and how well-meaning people who shelter us from failure can rob us of the mental toughness that we need to get through life. Now a days, people who have tried and failed are much more attractive to most employers than people who have led sheltered lives, protected from failure, with teachers and parents hovering over them and protecting their increasingly brittle self-images. So, push yourself hard enough that you sometimes screw-up. more…

Week In Review : Jan 2 – Jan 8, 2011

by Magesh Tarala on January 9, 2011

ROI for Business Intelligence

by Matthew Carmen, Jan 3, 2011

There are many other direct and indirect efficiencies and benefits that can be realized through the proper planning and implementation of BI tools and systems.  The more end-user groups that participate in the planning of a company’s BI system, the easier it becomes to change the ultimate corporate culture. Once the buy-in from the users is attained, the real savings begin, and a platform to accelerate corporate growth now exists. more…

Project Reality Check #3: Hangman – The Triple Constraint

by Gary Monti, Jan 4, 2011

Project management has a lot in common with the game “Hangman” in that the project manager is expected to figure out what the stakeholder(s) in control want without them telling the PM directly. But project managers also have to ensure sufficient time and money are left to implement the scope. This is the triple constraint. more…

Keys to a successful Strategic Planning Process

by Steve Popell, Jan 5, 2011

Marrying the Vision and Mission statements is essential, because it helps to get across to your employees how truly important each of their jobs is in the grand scheme of things. You want your employees to make the connection between them. If your strategic planning group crafts meaningful Vision and Mission statements, you will create an environment in which this kind of connection will be a small step, not a leap. more…

Flexible Focus #35: Move less, Attract more

by William Reed, Jan 6, 2011

The abundance mentality is a shift in mindset, a broader and more generous view. It is also the realization that you are not stuck with what you start with. Regular practice with the Mandala Chart gives you the ability to take any idea and quickly multiply it by eight to generate new ideas, applications, perspectives, or connections. more…

Leader driven Harmony #6 : Failure is required (Part I)

by Mack McKinney, Jan 7, 2011

It is important that you fail in order to succeed. When learning a new skill, you have to be allowed to fail. If not, you will not be prepared to face situations in real life and you may panic in those situations. more…

Week In Review : Dec 19 – Dec 25, 2010

by Magesh Tarala on December 26, 2010

Reaching Corporate goals using Business Intelligence

by Matthew Carmen, Dec 20, 2010

Noble intentions expressed in a company’s mission statement do not provide an actionable corporate strategy. But this strategy is rarely known by the “workers” who are the majority of the workforce and the operational part of the company. Business Intelligence (BI) is key to successfully aligning corporate operations with its strategy in order to achieve its goals and mission. But what exactly is BI? more…

Project Reality Check #1: The Challenge!

by Gary Monti, Dec 21, 2010

No matter which part of the world you are in, project management is always challenging or you can even say nightmarish. And the reasons for this are the same: Lack of clear requirements, Arbitrary dates / budget, inadequate resources / skill, etc. So how does a project manager get the job done? Answer is, by sticking to the simple path grounded in the 9 areas of project management. But the secret lies in completing a simple sentence  that will be explored in this series: If everything were okay I would see ________________. more…

Social Media and Tribes #25: Sharing ideas gets a discount this holiday season!

by Deepika Bajaj, Dec 22, 2010

Most writers don’t make a living out of simply writing. They do it to change the world, like James Baldwin. Or because like Seth Godin believes, there is no better way to spread ideas. For Deepika, it is because of the power of sharing ideas through social media. That’s what she discovered while writing PINk and Grow RICH. She also found an aspect of “creativity” and “community” along the way. So, as a gift this holiday season, she’s taking 40% off the price on her ebook (regularly priced at $9.95,now $5.99). Gift it to as many people this holiday season…and become an agent to spread the ideas. more…

Flexible Focus #33: The Wonderful World of Flow

by William Reed, Dec 23, 2010

Mihaly Csikszentmihalyi drew the world’s attention to an ancient phenomenon which is at that core of what makes life worth living, the state of being in Flow. The state of being in Flow is associated with intense enjoyment, deep concentration, and optimal performance. He describes it as a state of ecstasy, as if standing outside of oneself and watching things unfold effortlessly. You can download a PDF Mandala on the BENEFITS OF DEEP PRACTICE, and use it as a reminder of how to enter the Flow state through the art or discipline you practice. more…

Leader driven Harmony #4: How to make your writing Crisp, Flavorful and Satisfying (Part II)

by Mack McKinney, Dec 24, 2010

Last week’s post discussed the importance of understanding the purpose of anything you write, long before you hit the first key on the old laptop.  This post discusses the crucial importance of understanding the likely audience of your document, the main content and the most appropriate style for your purpose. more…

Week In Review : Dec 12 – Dec 18, 2010

by Magesh Tarala on December 19, 2010

The Origin of Leaders #4: Self-discipline. Cultivating the habit of completion

by Conor Neill, Dec 13, 2010

The only people who can change the world are those that want to. Many don’t want to. Some want to, but don’t accept the discipline of hard work. Anything you want will never be as hard as you imagine it will be! So, get started and push on through. Do it “just because.” Even if it is a failure as a product, it will teach you. You will come out stronger. more…

Chaos and Complexity #14: What makes Complexity complex?

by Gary Monti, Dec 14, 2010

The hallmark of complex systems is emergent behavior. The components of this behavior are Adaptability, Connectedness, Interdependency and Diversity. It is the responsibility of the leader to maintain a balance among all four variables and each of these attributes must be at the “in-between” setting to create positive tension. more…

Social Media and Tribes #24: Getting better with Social Media – Christmas Wishlist

by Deepika Bajaj, Dec 15, 2010

Social media was a boon for Deepika while she was confined to bed rest after undergoing surgery. She could stay in touch with friends, help others, blog, shop and more. If only Social Media could make you Starbucks and chicken soup:) more…

Flexible Focus #32: Folding the Square

by William Reed, Dec 16, 2010

Origami and general the art of folding is deeply ingrained in Japanese culture. This is an essential aspect of Japanese sense of creativity and aesthetics. The reason is that, not only does it result in a host of useful and practical solutions to problems and products, but it also illustrates how many possibilities open up when we work within a certain set of limitations. The Mandala Chart can facilitate the process of connecting discipline and spontaneity through flexible focus. more…

Leader driven Harmony #3: How to make your writing Crisp, Flavorful and Satisfying (Part I)

by Mack McKinney, Dec 17, 2010

Clear, sharp writing is almost a lost art.  And it is sad because to get along in life you must be able to explain yourself clearly. In business if you cannot craft a grammatically correct, well-written document that people find pleasing to read, you will always be working for someone else who can. There are five key considerations in writing: Purpose, Audience, Content, Style and Mechanics. This post is about Purpose. more…

Week In Review : Nov 28 – Dec 4, 2010

by Magesh Tarala on December 5, 2010

Social Media and Tribes #22: Pink and Grow Rich – My thanksgiving gift!

by Deepika Bajaj, Nov 29, 2010

Deepika has released her e-book “PINK and Grow RICH“. If you believe you have to characteristics of a leader or you see yourself as a person who has one reason for not being who you could be, this is a must read for you. more…

Chaos and Complexity #12: Terrorism

by Gary Monti, Nov 30, 2010

Terrorism thumbs its nose at best-practice, top-down approaches. And terrorists are good at it. They create large force multipliers extending beyond the battlefield. They are always looking for tipping points.Terrorists work to make things chaotic (if not random) and committed security team members work to build the bonds needed to trap the terrorist and keep things safe. That is complex behavior. At times the best that security teams can do is reduce the chaos to complexity. This means trade-offs are inevitable. more…

Getting off on the right foot with a neutral business valuation specialist

by Steve Popell, Dec 2, 2010

Collaborative divorce is a splendid out-of-court process that can assist the spouses to communicate more effectively and to negotiate more productively.  If the parties make the necessary commitment to the process, they have a much better chance to maintain human decency, protect their children, and to help the entire family to get on the other side of the divorce decree in one piece. more…

Flexible Focus #30: The 8 frames of life: Home

by William Reed, Dec 2, 2010

Home is the 4th in the 8 Frames of Life of the Mandala Chart. Yet, broken homes, dysfunctional families, domestic violence, and broken hearts are pandemic in our society, an outward reflection of an inner conflict. The Mandala Chart is a comprehensive compass for life, and provides helpful perspectives on themes surrounding our Home. more…

Leader driven harmony #1: Communication by Handshake

by Mack McKinney, Dec 3, 2010

This Series is about life and business and the first topic should be of interest to anyone doing business anywhere –the business handshake. A predictable, firm handshake is an important tool in business, in fact, in life, in general.  A handshake is over in a few seconds yet it helps us reach a number of conclusions about the other person. more…

Week In Review : Nov 21 – Nov 27, 2010

by Magesh Tarala on November 28, 2010

Project Accounting – Do you really need it?

by Matthew Carmen, Nov 22, 2010

Excel spreadsheets provide a level of project accounting capacity that is not sufficient even for some small companies. To reach successful conclusions, you should deploy additional resources such as project accounting software. Whether implemented on a small or large scale, Project accounting can provide great value to more efficient management of business. more…

Chaos and Complexity #11: The soul of a Project

by Gary Monti, Nov 23, 2010

The soul of a project is the reflection of the people, commitment and capability along with what is being attempted. You achieve this by connection. It opens the door for two-ay communication and support. Complex and chaotic projects only thrive in the presence of connection. Top-down approaches and the associated boundaries must be relaxed for the soul of the project to begin to take shape. Initially, the best results are bottom-up. When workable rules begin to surface then top-down can be considered. more…

Should you satisfy your customers?

by Vijay Peduru, Nov 24, 2010

What if you customer is fully satisfied with your product? This will prevent you from selling anything more to them. But cycles of satisfaction and dissatisfaction exist. If not you need to take your customer through that. For example, a lot of people are satisfied with the camera in iPhone 3G. But when they hear the buzz around the one is iPhone 4G from media and friends, many of them will consider upgrading! more…

Flexible Focus #28: Activate your mindset

by William Reed, Nov 25, 2010

In the art of flexible focus, activating your mindset is the fast track to flexibility. In this installment, William has selected for review eight Mandala Charts which have appeared in earlier articles in this series. Revisiting these articles will help you activate the respective mindsets they describe. They also correspond to the primary eight categories covered in the series, so this review provides an overview of one trip around the wheel, and also reflects the variety of topics possible to address with the Mandala Chart. more…

The origin of leaders #3: Learning – Growing through the crucibles in your life

by Conor Neill, Nov 26, 2010

You can get more output by working more and working harder. But there are obvious limits. So, the trick is to increase the effectiveness of your time. In order to accomplish this, you need to be humble enough to learn continuously. Experience is the greatest teacher, especially bad experience. You have to try things and see how they work. In business, your trials will be visible to others, but you cannot let that stop you. more…