Posts Tagged ‘business planning’

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 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 : Dec 5 – Dec 11, 2010

by Magesh Tarala on December 12, 2010

Data Backup: Ignore at your own Peril

by Marc Watley, Dec 6, 2010

You can lose your precious data in a flash just like Marc when he was robbed at gun point. Corporations though seem to live at gun point all the time. Whether personal or corporate data, you better back it up or suffer the consequences. Thankfully there are a variety of solutions for individuals and businesses that offer a wide variety of features. Marc has some recommendations. more…

Chaos and Complexity #13: Earned Value versus Sunk Cost

by Gary Monti, Dec 7, 2010

Chaos and complexity play a huge role when working with schedules. In this article, Gary has a list of measurement scales and the more your project lies to the left of these scales, the better are the odds of creating a credible schedule. That’s when traditional project management tools can be applied and hence earned value can be calculated. What ever it takes, avoid entering the world of sunk cost! more…

Social Media and Tribes #23: Customer service tribe hits a home run!

by Deepika Bajaj, Dec 8, 2010

There is no better PR than a compelling customer service story and that too FREE of charge! That’s the home run that United Airlines scored when Deepika was afforded an wonderful in flight experience. This is an example of how customers are sharing their experiences.  more…

Flexible Focus #31: Mobile Mandala

by William Reed, Dec 9, 2010

One of the best ways to benefit from the Mandala Chart is to put it to use, engage in it physically. There are four primary ways of doing this and the best way is to combine one or more of these for full engagement. Now, doing that may be at your finger tips with the introduction of MandalaChart iPad application. more…

Leader driven harmony #2: Communication by Handshake (Part II)

by Mack McKinney, Dec 10, 2010

Who would have thought there are so many nuances in a handshake? Well, first impressions leave a lasting impression and most assessments of a person is made in the first few crucial seconds of meeting them. So, read this article and practice a good handshake. 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…

Week In Review: Nov 14 – Nov 20, 2010

by Magesh Tarala on November 21, 2010

Building a workplace culture that is focused on performance

by Sean Conrad, Nov 15, 2010

A number of organizational practices need to work in sync to effect a change in workplace culture. It starts with hiring the right people for the right job, but does not stop there. You need to have the mechanism to instill corporate values and culture. Coaching regularly and providing continuous feedback will clarify the message and reinforce the culture. Finally, rewarding high performance and dealing with low performance will make the corporate direction all the more visible. more…

Chaos and Complexity #10: Spin and the myth of best practice

by Gary Monti, Nov 16, 2010

Either you have it or you don’t. If you spin, be prepared to fail. The bigger the spin and higher the level of the person spinning, the greater will be the impact. That’s the moral of the story. “Best Practice” is sometimes nebulous and is often misused. In this article, Gary describes what happened to a Wall Street firm because of the CEO’s spin. more…

Social Media and Tribes #21: Bday becomes a Big Day

by Deepika Bajaj, Nov 1, 2010

You must celebrate life. Otherwise, what’s the point of living and working. But as we get more engrossed in our work we drift away from the close friends we used to celebrate with. Thanks to Facebook, we can be close again even if we are far away! more….

Flexible Focus #28: The Principle of Innovation

by William Reed, Nov 18, 2010

How often do you kick yourself and ask “Why didn’t I think of that?”. If it’s any comfort, that’s the case with the vast majority – hindsight is 20/20. But innovation is more about foresight than hindsight. You start with mastering the established pattern and then breakaway to explore variations of what you have mastered. The Mandala Chart in this article will change your approach to innovation by helping you think inside, outside and beyond the box. more…

Cash Bonus: An important companion to the Stock Appreciation Rights (SAR) program

by Steve Popell, Nov 19, 2010

In his last post, Steve discussed the structure of a Stock Appreciation Rights Program as part of your ongoing effort to retain and motivate key employees, and as alternative to issuing equity.  For some individuals, such as “hunter” salespeople, the lack of short-term feedback can be a demotivator.  This shortcoming can be remedied by an effective cash bonus program. more…

Week In Review: Oct 31 – Nov 6, 2010

by Magesh Tarala on November 7, 2010

Project Leadership #3: Courage and Stupidity

by Himanshu Jhamb, Nov 1, 2010

Well, you think Courage and Stupidity are two separate categories of actions? May be not. They may be separated by a very fine line indeed. Asking what may seem to be a dumb question or taking a stand for your team in front of your boss may seem stupid. But they may end up saving the project. more…

Chaos and Complexity #8: Governance, Boundaries and managing Time

by Gary Monti, Nov 2, 2010

As a leader you do not have enough time to get involved in every decision the team has to make. Traditional management technique of dealing with individual situations or exception management is not the solution. Applying management efforts across a boundary will decrease the number of interactions a leader must and returns some of their time. more…

Social Media and Tribes #19: Travel tribe takes medieval ages online

by Deepika Bajaj, Nov 3, 2010

Prague still uses the local currency and does not accept the Euro. It lacks a reliable taxi service, among other things a tourist would need. Thanks to social media, in spite of these handicaps, Prague is successful in attracting a fair share of tourists. more…

Flexible Focus #26: Leveraging your time

by William Reed, Nov 4, 2010

We all perceive time in different ways and not all of them are equally powerful. Some approaches are to redefine it as experience or think of it as change. But the first step to gaining a flexible focus on time is to free ourselves from the tyranny of a single perspective on time. more…

The Origin of Leaders #1: Imagination – Developing your most powerful human talent

by Conor Neill, Nov 5, 2010

Imagination is what sets humans apart from animals. We don’t just respond to the world, but can begin to see a new world and thus plan and act accordingly. Especially true for a leader. A leader must see a future that is not yet here. The clearer you can see and touch and feel this potential future, the more compelling you can communicate it to others. So, how can you develop your imagination? more…

Week In Review: Oct 24 – Oct 30, 2010

by Magesh Tarala on October 31, 2010

3 Ways to Save money and Increase Productivity

by Matthew Carmen, Oct 25, 2010

Save money and increase productivity need not be an oxymoron, especially in the IT department. But if that strategy starts with cutting the labor force, it will be detrimental to the company. Matthew suggests several ways to achieve these seemingly conflicting goals and some of them may be applicable to your situation. more…

Chaos and Complexity #7: Black swans, Randomness and your Career

by Gary Monti, Oct 26, 2010

If you believe in sustained stable outcome in complex situations, you will be doomed. Chaotic systems (like our life and career) have deterministic, interrelated rules producing nonlinear, unpredictable results. In order to be successful in your career, you need to practice a form of cognitive dissonance and learn to carry two streams of thought simultaneously : What is the best outcome and what is the worst outcome. more…

Social Media and Tribes #18: Better than Google

by Deepika Bajaj, Oct 27, 2010

Every tool has its purpose and each tool has its strengths and weaknesses. Once you get accustomed to using a tool, the tendency could be to to use it for purposes it is not effective for. Google is great when you need information, but it may not relate to your situation. That’s where your friends can come to your aid on Facebook! more…

Flexible Focus #25: Assessing your situation with a Mandala SWOT analysis

by William Reed, Oct 28, 2010

The SWOT Analysis model is originally attributed to Albert Humphrey from his work at Stanford University in the 1960s and 1970s. This gives you more clarity, but risks leading to 2-dimensional or checklist thinking. A better way to go beyond is to use a Mandala Chart. You can start by using the downloadable A-frame Mandala SWOT Chart. more…

Cloud: A truly nebulous term

by Marc Watley, Oct 29, 2010

The term “cloud” is one of the most over-used technology terms in recent times. We have been using the so called “cloud” for a long time. Think about Yahoo!, Hotmail, Gmail, Facebook, LinkedIn, etc. So what exactly is the meaning we are trying to convey when we use “cloud”? The answer is simply “on-demand”. more…

Week In Review: Oct 17 – Oct 23, 2010

by Magesh Tarala on October 24, 2010

Project Leadership #2: Keep Relentless Planning Going (RPG) on your projects!

by Himanshu Jhamb, Oct 18, 2010

Planning is not an one time task. It’s a continuous activity through out the life of the project. You can come up with any number of reasons why you don’t need a project plan for your current project. But there are many overwhelming reasons why you need one. And, by the way, don’t forget Mr. Change.  more…

Chaos and Complexity #6: A Checklist that works!

by Gary Monti, Oct 19, 2010

When you are dropped into a situation, how do you figure out if the situation is complex and if so, what the level of complexity is. In this article, Gary provides a comprehensive checklist that will enable you to ask the right questions to gauge the level of complexity. more…

Social Media and Tribes #17: SMSing 2.0 – Mobile in India

by Deepika Bajaj, Oct 20, 2010

SMS (Texting) is huge in India. In fact it may be more widely used in India than any other country. It is used for everything ranging from hiring domestic help to connecting with family to voting in the “Indian Idol”. The cultural aspect that makes it possible is the because people are more trusting and are comfortable sharing their phone number. more…

Flexible Focus #24: The sky is not empty

by William Reed, Oct 21, 2010

Do you have the ability to see space or emptiness? In Western culture, emptiness means nothingness or void. But in oriental culture, it is an integral concept of art and life. Once you realize space is not empty, the Mandala Chart LOOKING AT SPACE can help you recognize its potential. more…

Why Talent Management should be a priority for entrepreneurs

by Sean Conrad, Oct 22, 2010

As entrepreneurs, we’re all focused on the success of our business. By ensuring our companies adopt talent management best-practices right from the start, we set our employees and our business up for success. more…