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Posts Tagged ‘Business_Plan’

Creative Response To The Uncertainty Paradox

Newsweek’s declaration that the recession is over and long lines at auto dealers seems to have upped feelings of angst in many circles. Reactions from ‘yeah sure’ to ‘How did I miss it’ to ‘yipee,’ indicate that maybe not everyone is on the same page. Which really shouldn’t be a surprise given folks disagree on [...]

Ways To Kill Business Innovation Through Analysis

Want to kill a good innovative idea? Analyze it in some obviously logical yet inappropriate way. It would be murder but you are unlikely to get caught.  When thinking about this I always remember an old accounting example where we try to help the owner of a diner decide if it would be a good [...]

What Doorways Have You Bricked Over?
Part II: The $20 Million Hurdle.

Rules of thumb often have unintended consequences. Several large organizations I’ve worked for instituted a $20 million in revenue hurdle. (The $ figure was sometimes higher, sometimes lower — but always a significant percentage of existing revenue.) The thought process is pretty straight forward: Why bother with an idea if it can’t make a meaningful [...]

Are You Managing From The Monkey Bridge?

Can you answer yes to any of the following questions? 1.  Does your company tends to write a plan every year but mostly it is put in a binder to gather dust?  Maybe you don’t even do planning because “what’s the point?” 2.  Do you spend too much of your time fighting fires, eliminating emergencies [...]

Breaking Down Template Thinking – Prioritization

Template thinking leads to under-prioritized laundry lists of to-do’s. If you’ve been in the business world for more than a few months then you have probably experienced the damage such thinking causes. Lots of work being done, nothing truly important to the organization being accomplished. Sound familiar? My favorite solution to this problem occurred in [...]