Six Sigma And Finance

Six Sigma can be described as a set of management initiatives that aim at reducing defects by improving the efficiency of existing business processes. The only problem is that the success of Six Sigma initiatives depends on the level of support provided by all the functional departments in an organization.

Do You Promote From Within?

Does this noble, well intentioned practice have some hidden pitfalls? Most organizations are proud of their practice of promoting their own employees.

A Classic Example of Taking a Lemon and Making Lemonade

The origins of an American business icon provides us with a lesson in innovation. Our story begins at an early Wal-Mart store, located in an economically depressed region. The store gained the dubious distinction for having the largest inventory shrinkage rate of all their stores. Shoplifting was rampant.

Employee Selection - Are You Gambling at Work?

Employee Retention begins with Employee Selection. Gambling is alive and well in the modern work environment! It's amazing how many organizations gamble at work by not using advanced hiring techniques that could save resources and future headaches. Employee Selection is a key strategy that can save organizations tremendous resources, time, and energy. Proper Employee Selection is the foundation to an effective Employee Retention strategy.

Renaissance Management

The new business management model. Renaissance management is a new style of business management making its way in to the corporate world. The idea is not wholly new as it is an amalgamation of multiple references over a period of the last 20 years.

Role Of Web Based Collaboration Software And Tools In Managing Your Business

Read about benefits of web based collaboration. Check out common available web based software and web based collaboration tools.

Profit Covers Many Sins - Ten Principles for Success in 2007

Profit Covers Many Sins - Ten principles that can help us maintain our focus, uncover some of those sins that may have been covered by profitability in 2006 and create the kind of success in 2007 that you can be proud of:

Myopic Madness

Imagine, you have created something that is state of the art. The envy of the industry. You spared no expense and focused on every detail. Everyone says It's a can't miss smash success! Everyone applauds your launch, customers wishing they could be the first to use your product, and you are ready to make money by the vault-load. What could go wrong?

That Will Never Work!

Are sentiments like these torpedoing innovation and growth where you live? It may help if we understand that negative attitudes are inherent to the human condition. For parents to effectively discipline their children

How's That Working For You?

Wake Up! Live Consciously? Many of us go through our work and personal life with habits that really aren't working for us. How do we wake up to that reality and coach others in the organization or on the team to do the same?

When Business Is Slumping, Make Sure Your Assets Are Producing

When many companies go downhill, they never recover. Far too many of them continue to fall right into oblivion. They either go out of business or just become irrelevant companies. We saw this vividly in the 2001 bear market. The vast majority of the Internet companies were gone within a year.

How Busy Is Too Busy

Just as the car crested a hill it stopped. The engine went silent and the car just coasted. Thinking quickly, Simon managed to steer onto the shoulder of the road before he came to a complete halt. It was only then that he noticed the needle of the fuel gauge resting comfortably at its lowest position.

Awards and Incentives as Promotional Strategies

The job market is becoming increasingly complex. The healthcare field struggles to attract and maintain qualified employees. Educational institutions face the consequences of high turnover rates and difficulties in satisfying overworked, weary teachers.

How To Design Employee Communication Strategies That Engage Employees

This article is for anyone involved in communicating with employees. It explains the difference between whether your employee communication strategies engage employees or simply inform.

Employee Performance Issues - How to Effectively Address Problem Performance

Employee performance issues are unavoidable. The key to both addressing them and reducing their reoccurrence is to provide honest and timely feedback.