…There has never been a better time to align the benefits of shared services and outsourcing to empower and accelerate growth for SMBs.
For those even the least bit superstitious, Friday the 13th can be a bit spooky…
A new year,and with it comes reflection and resolutions. While few resolutions are actually kept, change comes anyhow.
Blocker (noun) - Someone who purposefully opposes any change (improvement) to a process for personal reasons.
How long should it take to play a round of golf?
There are two ways of thinking about that question. The first is to think of playing when you have the course to yourself. Then the time to play is just a question of how good or bad your own game is. If all your drives are true, you can finish your round quickly. If you are king of the three (or possibly four) putt, you’re going to be longer on the course.
What kind of CFO are you? Are you a magician or a multi-linguist? An ethics officer or athlete? Or all of the above?
For most organizations, aggressive cost-cutting and management were critical to remaining profitable while top line revenue was flat or shrinking during the recession.
However, now many organizations taking a more “surgical” approach to profitability and cost management, by understanding which products, services, customers and channels are truly profitable and which ones are draining value from the business.
How does your organization analyze and manage profitability?
We are asking the wrong questions, not calculating the wrong answers.
During an initiative to improve capital project processes I was approached by a small cadre of project managers. They assured me that they understood the goal of improving problem solving and decision-making. Then, out jumped their true reason for our little meeting. “Dave, what we really need is our own spreadsheet template to enter the costs and benefits of our projects. We’ll be able to prepare proposals faster and won’t need finance analysts on our teams.”
This group misunderstood the initiative’s goals entirely. The overhaul wasn’t to make capital approvals easier or faster (although that was a collateral benefit). The overhaul focused on producing better projects. That doesn’t come from spreadsheet templates or black box analysis models. Better projects come from asking the right questions of the right people at the right time.
Drawing from some of the most pivotal points in his life, Steve Jobs, chief executive officer and co-founder of Apple Computer and of Pixar Animation Studios, urged graduates to pursue their dreams and see the opportunities in life’s setbacks — including death itself — at the university’s 114th Commencement on June 12, 2005.
A short but very interesting video on how to get your work (and your life) organized. Comes from the angle of “turning off the monkey inside your head” you’ll see what I mean: