Management

The economic challenges of the past several years have driven home the significant need among corporate real estate managers, real estate developers, brokers and building managers to find ways to cut costs keep space filled and seek alternative way to reduce energy consumption. The rising price of electricity and other fuels along with the growing...

Innovation represents an act of spontaneity or being creative, yet most people recognize it to be a change in the thought process for doing something or “new stuff” that is made. It may refer to an incremental emergent or radical and revolutionary change in thinking, products processes or organizations. Scholarly literature on innovation typically distinguishes...

Unlike Corporate Boards, as found in Public or near Public Companies, advisory boards have no fiduciary responsibility. Times to meet and frequency are up to the needs and matters to be dealt with. What all boards share is this? a. They advise b. They evaluate c. They play devil’s advocate If you want to build...

Most of us probably think we know our customers pretty well. But do we? At a recent meeting that I attended, the President announced that their best client had taken their business to a competitor. The president explained that with our increased reliance on E-mails, faxes and computer to computer technology to do business, the...

Critical Success Factors (CSF’s) are those things that must be controlled to make (keep) your business successful. They also have specific outcomes –set by you- to allow you to know whether you are achieving your target. They cannot, however be managed because they are not ‘activities’. To achieve a specific CSF, you must first, identify...

WHEN MANAGERS HIRE CONSULTANTS TO HELP THEM… …improve their business, they often don’t identify exactly what they hope to achieve and then evaluate whether they got what expected. That is, they don’t demonstrate the value they’ve realized. Managers often think that measuring value is a complex task that takes too much time, effort and resources...

December 9, 2013 What is Innovation? To innovate means literally to renew or change something. Innovation is about coming up with a better process, creating a new product, improving an existing one, opening a new market, finding a new source of supply or creating a better way to organize ourselves. Innovation may be technology-driven but...

April 13, 2015 Some thoughts about what you should be thinking about when selecting one! Every startup needs a couple of advisors with deep experience and connections in your business domain or financial skills to complement your technical focus. Advisors need to be mentors, looking ahead and directing you on key actions to take or avoid. Unfortunately,...

October 5, 2016 For the past four weeks, I have been recovering from a hip replacement. The process is going well. Not being as agile and certainly not mobile gave me time to think. I decided before the operation to tell folks that I would be not responding to email as quickly for the next...

November 7, 2016 In the recent issue of Business Insider, they illustrated the median employee age of 17 Top Tech Companies. Yes, these are the folks we talk about everyday- the darlings of the stock market. Innovators from which we see many of the new products and ideas – often the disrupters of the status quo :...