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By The Numbers
Workplace Survey, Findings 1.Workers are struggling to work effectively. When focus is compromised in pursuit of Collaboration, neither works well. 2. Effective workplaces balance focus and collaboration. Workplaces designed to enable collaboration without sacrificing employees’ ability to focus are more successful. 3. Choice drives performance and innovation. Employers who provide a spectrum of choices for when and where to work are seen as more innovative and have higher-performing employees.
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THREE WAYS TO MAKE SUCCESSFUL STRATEGY EXECUTIONS
- Created on Sunday, 15 May 2011 22:58
- Last Updated on Thursday, 15 November 2012 14:33
- Written by From "Making your Strategy Work on the Front Line" by Amy Gallo
- Hits: 2481
Traditionally, there has been a clear separation between the processes of strategy creation and execution. Only 5% of employees understand their company's strategy. This makes successful execution nearly impossible. So how can you help frontline employees not only understand but get behind your organization's strategy?
Even the most brilliant strategy is worth nothing if it isn't executed well, especially by your front line — the employees who interact daily with your customers. Unfortunately, these employees are regularly asked to execute strategies that others developed and that they may not understand, never mind feel committed or connected to. In fact, according to Robert Kaplan and David Norton, the founders of the Balance Scorecard, only 5% of employees understand their company's strategy. This makes successful execution nearly impossible. So how can you help frontline employees not only understand but get behind your company's strategy?
Read more...TWO WAYS TO BOOST ORGANIZATIONAL PERFORMANCE
- Created on Sunday, 08 May 2011 22:53
- Last Updated on Thursday, 15 November 2012 14:33
- Written by Adapted from Creating an Agile Organization by Peter Cheese, Yaarit Silverstone, David Smith Stacy
- Hits: 2111
The new business environment will favor those companies able to execute innovations faster, and to move their organizations forward more nimbly
Think about organizational agility in track-and-field terms. High performance for a sprinter depends on bursts of speed and strength. Long-distance runners, by contrast, require energy over a longer time, enabling them to keep going when others fatigue. Triathletes must have both attributes—and more: not only the endurance of the long-distance runner and the speed of the sprinter but also the ability to react quickly to the changing demands of running, swimming and cycling.
In an analogous way, agile organizations must excel across different kinds of activities. They must have the staying power to drive their core businesses over the long run but also the ability to shift focus faster to multiple kinds of business portfolios and to execute quickly when the time is right to pull ahead of competitors.
Read more...TOP TEN REASONS SMALL BUSINESS FAIL
- Created on Saturday, 02 April 2011 10:09
- Last Updated on Thursday, 15 November 2012 14:33
- Written by Jay Goltz from The York Times
- Hits: 2019
One of the least understood aspects of entrepreneurship is why small businesses fail, and there’s a simple reason for the confusion: Most of the evidence comes from the entrepreneurs themselves.
I have had a close-up view of numerous business failures — including a few start-ups of my own. And from my observation, the reasons for failure cited by the owners are frequently off point, which kind of makes sense when you think about it. If the owners really knew what they were doing wrong, they might have been able to fix the problem. Often, it’s simply a matter of denial or of not knowing what you don’t know.
In many cases, the customers — or, I should say, ex-customers — have a better understanding than the owners of what wasn’t working. The usual suspects that the owners tend to blame are the bank, the government or the idiot partner. Rarely does the owner’s finger point at the owner. Of course, there are cases where something out of the owner’s control has gone terribly wrong, but I have found those instances to be in the minority. What follows, based on my own experiences and observations, are the top 10 reasons small businesses fail. The list is not pretty, it is not simple, and it does not contain any of those usual suspects (although they might come in at Nos. 11, 12 and 13).
LEADERS AND THE WORKPLACE IN 2020
- Created on Wednesday, 27 April 2011 00:47
- Last Updated on Thursday, 15 November 2012 14:33
- Written by (Extracted from the "Navigating Through the Storm: Leaders and the World of Work 2020" by CBOC)
- Hits: 3496
By 2020, leaders will need to integrate visible minorities into every part of the workplace, including at the top. Leaders will also need to be “intrapreneurs” who can nurture and stimulate their staff to be innovative
Leaders are facing challenges from three powerful mega-trends—globalization, population aging and diversity, and technological innovation—that are transforming every element of the world of work. Individuals in leadership roles who want to ensure that their organizations successfully meet and overcome these forces must address two great challenges, according to a Conference Board of Canada (CBOC) report released this year.
First, they themselves must have or develop the skills and understanding to lead their organizations through turbulent times. Second, they must recruit or develop the next generation of leaders and ensure that they have the full range of skills required to be successful in 2020 and beyond.
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HOW MULTI TASK EFFECTIVELY
- Created on Tuesday, 19 April 2011 00:59
- Last Updated on Thursday, 15 November 2012 14:33
- Written by (Adapted from several sources)
- Hits: 10428
In the workplace, multitasking has become a mandatory skill. According to a recent study, workplace interruptions, such as phone calls or the arrival of e-mail, consume more than two hours of the average professional's workday. So how can you multitask effectively?
In the workplace, multitasking has become a mandatory skill. According to a study by information technology research firm Basex, daily workplace interruptions, such as phone calls or the arrival of e-mail, consume more than two hours of the average professional's workday. As a result, it is necessary to sometimes work on multiple projects simultaneously. While doing so can help you save time and increase your productivity, excessive multitasking can cause the opposite to occur.
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