The research by Gallup shows that 82% of management appointments are the wrong people. Having the wrong people as managers is the greatest cause of employee disengagement, loss of productivity, less profit, and lost customers. On the other hand companies that choose or develop management talent outperform their competitors by 147% in earnings per share, […]
Business, whether to consumers or other businesses, can no longer afford to operate under a competitive model or mindset. Large dinosaurs (remember Kodak) that move slowly, with shareholder value top of mind, may continue to seek dominance. But they’ll be gone before they know it. Being competitive in business now when information and choice is […]
How many lists of organisational and business challenges have you seen? I bet they include the following in no particular order of priority: Finance management, including cash, borrowing and risk management Competition Marketing Regulations Staff selection and retention Culture Values adherence Technological change Uncertain economic conditions Stress Complexity of the marketplace Yet the one problematic […]
This public listed subsidiary of the global giant was ordered to cut costs by 15% by the end of the quarter. Not only was that order given, it had this condition attached – it must be across all aspects of the company. The company had already pared expenses and were operating on what they believed […]
