In business parlance, the focus of management is to remain in business irrespective of the complexity that bedevils it. Success demands to stay competitive, but competition is merely a means to ends and not the ends itself. As such, management and managers, therefore, do more to remain relevant; reacting to business vagaries, the oddity of globalization and squaring up with negative externalities in their domain merely to meet the end; “corporate goals and vision.”
Strategic management and Innovation
What is your decision-making based on, is it intuition, opinions, or data? If you want to avoid bad decisions, everyone must be taken into account. However, a particular decision factor deserves your attention: the data. Without clear metrics, it is impossible to understand whether the results have been achieved. So the path to take is creating what we call a results-oriented culture.
Until the mid-2000s, it was very difficult to hear about agile project management methods. The most modern IT teams in more flexible companies were probably testing these methods in software design and maintenance. After over ten years, we can only hear of agile methods. If you do not have agile principles in managing your projects, you have become anachronistic. However, is this true? Alternatively, we are facing a wave created to sell consultancies and courses to the new generations?
Documents are not only used by the likes of museum and bureaucratic stuff. They are an intricate part of any company’s day-to-day, and for overriding what is required to achieve good project control. After all, there is no control without information. And, there is no information without any records.
You have probably heard of, or even taken those “Facebook Tests.” Yes, surprisingly these tests have actually been enormously successful, regardless of how unreliable they may seem at first. They are mainly used to find out if you are going to be successful this year and what historical figure you were in a previous life. There are even some that tell you what would be your name if you were a planet. So, all right then: The Enneagram Test, the test we are addressing here is going to help you discover you are in a professional sense.
Have you ever stopped to reflect on the complexity of producing a film? Take Hollywood productions, for example. Hundreds, and sometimes even thousands of professionals can be involved in the making of a blockbuster movie. From the head of special effects to individual make-up artists, everyone needs to know exactly what he or she needs to be doing so that everything stays on schedule and goes ahead as planned. A little slip can be catastrophic. When that same level of complexity starts to appear in the corporate world, it’s essential to find a tool in the mould of the RACI matrix.
In this blog, we frequently touch on methodologies that are employed to make management practices more versatile and dynamic. And it’s no wonder: the issues that we cover here tend to focus on trends in technology, and we all know how fast that market is capable of changing. Therefore, these methods gain even more importance since they are used to help simplify your processes, making your company more responsive to any new demands that the market throws in your direction. One important method is the lean methodology, which prioritizes efficiency and employee integration. In today’s post, we’ll take a deeper look at what this methodology is all about.
There we go to one more acronym. A manager’s life is really like that: an alphabet soup. It’s PDCA here, SWOT there, CEO up, SaaS down… only to mention some. Now, if you don’t know this one, it’s worth it to free up space in memory. Because the KPI dashboard is a celebrated management tool that measures the performance and success of your company.
It’s done! You’ve been promoted to coordinator and have the mission to apply your leadership skills to a team – or sector. This is all you’ve ever dreamt of in order to show your talent, but the remaining question is: Have you got leadership skills? Leadership is natural for some people, while for others it may be learned. Should you be a little puzzled about how to start, we’ve summarized in three keywords what it means to be a leader.