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Other Added - Does Your Culture Support or Sabotage Your Strategy?
How often do you find yourself saying: "I wish I knew how to learn more about this topic"Well, we were listening! And this article is the result.Today human resources management is opening up new horizons in many different offices around not only the United States, but the world. The reason for this is simply supply and demand. More savvy business owners –even of smaller companies, have understood the value of hiring professionals with experience working in HR. By doing so, and having HR representatives, companies have learned the importance of solid communication with their workforceThe fact is that Human Resource Management exists just for this purpose –to bridge the gap between staff and upper management. In doing so, compromises have been attained which preclude the need for unions or outside arbitration, and thus provide the services that employees feel is their right to haveA company which is not so progressive, on the other hand, neglects HR and the philosophy that goes with it. The result is, employees abandon any thought of fidelity towards their emplo
This is a common interview question that pops up and is one that pretty much sums up the point of a job interview in the first place.In other words, what can you do for our company?Essentially the company is looking to hire someone to solve a problem or fill a need.It can be very easy for people to forget this when they go into an interview and to focus on what the company can do for you.Here are some suggestions to ensure you structure the whole interview to focus on what you can do the company and hence, why the company should hire you: 1. Answer the question by telling them what you can do for this company specifically. In other words, while you want to mention some general skills that any company would desire (ie. strong communication skills, strong organizational skills, etc) you also want to mention specifically what you can do for this company. This means you need to understand exactly why the company is trying to fill the position you are interviewing for and then tell the interviewer specifically what skills and experience you hav
Amar Bhide
(Harvard and Columbia)
Is your organisation one which invests a considerable amount of time and effort (and, therefore, cost) in looking to the future and creating a strategy and strategic plan? I hope so! However, what happens if the plan is not successful and the objectives not achieved? Is the blame put on to the market, the competition, the planners, the staff, or even the plan? The problem may be something more fundamental – the culture is not right for the strategic direction!
There are a number of variations about what is a strategy and what is involved in identifying and creating a strategy. The definition below is one which covers most of the key elements.
“An effective strategy is an integrated array of distinctive choices about which markets a company serves, what unique value proposition it offers to the customers, and how it arranges its functions to deliver that value.” Prof J
There is no personal state income tax in Texas. Which means no withholding of State Income Taxes.The Texas State Agency charged with enforcing the state wage and hour laws is:The Texas Workforce Commission 101 East 15th St. Austin, Texas 78778-0001 512-837-9559 www.twc.state.tx.us/Except for taxes and student loans there are no garnishments in Texas. No creditor other than the IRS or one of the student loan collection agencies can take money out of your paycheck without your permission.The agency that collects and pays unemployment benefits is the Texas Workforce Commission. Its main office is in Austin, Texas. Their address is:Texas Workforce Commission 101 East 15th Street Austin, Texas 78778-0001 512-837-9559 www.twc.state.tx.us/The unemployment rate varies based on your company’s experience but the initial rate starts at 2.7% on the first 9000.00 of wages paid to an employee in the state.There is no requirement in Texas for a company to carry Workers Compensation Insurance. Texas
Is your organisation one which invests a considerable amount of time and effort (and, therefore, cost) in looking to the future and creating a strategy and strategic plan? I hope so! However, what happens if the plan is not successful and the objectives not achieved? Is the blame put on to the market, the competition, the planners, the staff, or even the plan? The problem may be something more fundamental – the culture is not right for the strategic direction!
There are a number of variations about what is a strategy and what is involved in identifying and creating a strategy. The definition below is one which covers most of the key elements.
“An effective strategy is an integrated array of distinctive choices about which markets a company serves, what unique value proposition it offers to the customers, and how it arranges its functions to deliver that value.” Prof J
Close your eyes and think about logos that you associate with products. All of us can name several such products in just a few seconds. The most popular logos for me are the golden arch of McDonalds and the Chevy emblem. Both have stood the test of time, allowed the company’s to change with market demands, and stay imprinted in the minds of consumers all over the world. Coming up with a logo for your business can be very difficult. You want it to be original and relative to the type of business you have. You will need to be creative, as well as make sure your logo isn’t too similar to that of another product or service on the market.Where to get a logoIf you have a medium or large sized business, you might be able to have the marketing department come up with several ideas for a logo, with the creator giving a sells pitch for their design. Another good strategy for businesses of all sizes is to have a contest open to all employees. Offering a great prize for the winning logo will entice entries to be more creative and competitive. You may also choose to simply out
There are a number of variations about what is a strategy and what is involved in identifying and creating a strategy. The definition below is one which covers most of the key elements.
“An effective strategy is an integrated array of distinctive choices about which markets a company serves, what unique value proposition it offers to the customers, and how it arranges its functions to deliver that value.” Prof J
There is one powerful strategy all event and meeting planners use to reach the level of success they really dream about. It has nothing to do with event themes or locations, or your budget. It has nothing to do with your training in the industry. What I am talking about is much more powerful, and has the potential of positioning you as #1 in your industry and to generate business you never thought possible.Let me explain.When I first started my business, I felt very much alone. I had this feeling of pulling all the weight by myself, very limiting. As soon as I started collaborating with other people, I began feeling like nothing was impossible! I would come up with an idea, pitch it to one of my partners, and we would almost immediately turn it into a new revenue source. It took me a while to understand how to approach new partners, where to find them, and what to say to get a "yes."What I've learned is that collaboration is a very powerful business building strategy. Collaboration, when done right, makes everything easier. Everyone can collaborate. Collaborating is the "ex
There are a number of variations about what is a strategy and what is involved in identifying and creating a strategy. The definition below is one which covers most of the key elements.
“An effective strategy is an integrated array of distinctive choices about which markets a company serves, what unique value proposition it offers to the customers, and how it arranges its functions to deliver that value.” Prof J
I really enjoyed the feature film Last Holiday starring Queen Latifah. In the movie the character Georgia Byrd, played by Queen Latifah, finds out that she only has a short time to live. She changes her outlook on life and becomes determined to enjoy every moment she has left.One of the first things she does is quit her retail job. She stops in at her manager’s office and knocks, but the manager is too busy listening to a greedy self-help tape (Hip and Rich). When Georgia enters his office, the manager growls at her for not knocking. He recently barked at her for offering food samples in her popular cookware section. As Georgia tries to talk to him, he takes a call on his cell phone even after she asks him not to. When she gets completely fed up and quits, he is aghast. He tells her that she can’t quit. Her area is the only bright spot, profit-wise, for the store. She quits anyway. The manager tries to entice her with little, piddling raises of fifty cents an hour and then boosts it to a dollar and then a dollar and a half . . . she is too busy leaving this part of her life behind
In creating a strategic intent, Michael Porter suggests asking 3 questions:
What is the business doing?
What is happening in the environment?
What should the business be doing?
For many years, when working with organisations in various sectors on creating their strategic plan we found that people approached the process with good intentions and wanted to be thorough and professional. The tools and techniques are generally well-known and are applied with varying degrees of effectiveness. Many managers know about the 7S’s, SWOT and PEST and suchlike. (How well they use them is another matter!) The better organisations have customer feedback data and may carry out some market research. Their analysis of the external environment is based on good information plus knowledge and experience. However, when they come to analysing the internal environment, they may not have
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