Have you stopped to think about the existence of IBM and other long-running companies like Xerox, Kodak and HP? In the case of the International Business Machines Corp. (IBM), it has existed and been in operation for over 100 years – 106, to be exact. In a time when many companies fail to survive for more than ten years, the American company has been active for more than a century. It is undoubtedly impressive. However, the source of its long-standing, and mostly successful existence lies in the way IBM addresses the concept of business innovation.
Strategic management and Innovation
Have you heard about people who suffer from burnout syndrome at work? Not everyone is aware that this disorder can cause people to become mentally exhausted. Worse yet, many people don’t even realize that they are potentially suffering from the syndrome, which is associated with high levels of stress (“work overload” sounds familiar?). Every employee and manager is vulnerable to having problems with exhaustion, even those who are the most highly engaged and motivated in their jobs.
You’ve probably had the experience of working with clients who never stop asking for revisions. It’s a highly delicate situation. It is vital to understand how to avoid getting sucked into a vicious cycle of endless revisions on projects, to prevent ruining your profit margins and possibly even losing your mind.
Today, we’re going to talk a critical aspect of your business: work management. It is a critical aspect of managing your business, and there is a huge difference between managing your own time and that of a team of individuals. If some people can suffer from stress related to managing their heavy work schedule, just think about having to be responsible for managing your team’s time and performance as well.
2017 was a year in which discussions concerning gender equality figured prominently. Although plenty of painful wounds were brought out into the open, it still seems like it will take decades for the problem to be resolved entirely. Amazingly, some analysts think it may even take centuries: according to the World Economic Forum women’s wages will take 217 years to catch up with those of their male counterparts. There are signs that people’s views of gender equality are entrenched: surveys point out that many people believe that everything is fine as it is. Here we’d like to bring some clippings to your attention in which these advances (or the lack thereof) are painfully evident.
For a long time, leadership models based themselves on mottos such as “One must lead, and the others, obey.” This kind of model is all about leadership being focused on a single person, with companies as strict hierarchies. Beginning in the 1970s, however, the changing economic context began to transform the concept of singular, absolute leaders into one of shared leadership.
These days, certain situations occur with an ever-greater frequency: companies often create vicious cycles in which capable leaders become overwhelmed. Those same leaders, therefore, have less time to train new leaders who can temporarily replace them in their absences. A longer-term result is that, when the time comes for a new generation to take the helm, the pool of possible successors is filled with less experienced and ill-prepared candidates. And this is all about millennial leadership.
Are you familiar with those large panels which are packed with multi-hued Post-its? I’m sure you are, it’s part of a long-established, well-known system that is still the favorite organizational method for many companies and individuals around the world. These boards, with their sticky notes, may seem outdated, or even archaic, but they are still widely used for personal organization and even in large projects. Its continued relevance is due to the existence of an essential methodology behind the seemingly old-fashioned design. So, here we’ll discuss what is kanban and learn what it is all about.
To a greater and greater extent, time is money. This is especially the case in a market where the competition is growing steadily. Companies which are capable of optimizing tasks and using their time wisely and in the most efficient manner already have a leg up on their rivals in the market. Therefore, firms are always looking for new ways to streamline their management, focusing on results and taking every aspect of the organization into account. One of these new methods is visual management.