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Driving Change Requires a Lens of Accurate Costs and Profit, Part 1

So you want to survive in today’s business environment?  Create an organization focused on profit that can change quickly!

Doing business today is more challenging than it has ever been in the past.  Corporate mergers and acquisitions have increased dramatically.  Innovation continues at a pace never seen before.  Global partnerships are…

Driving Change Requires a Lens of Accurate Costs and Profit, Part 3

 

In my last blog we discussed two steps that companies can take to align their organization to be more responsive to the changing business world and more focused on profits.  The steps that were discussed, “Develop a clear change objective” and “Develop an Organizational Change Management Air Traffic Control Tower” are essential in any change initiative.  The next steps are essential when…

Driving Change Requires a Lens of Accurate Costs and Profit, Part 2

Surviving in today’s market is challenging.  The good news is that companies today have access to more real-time information than ever before.  Integrated manufacturing equipment, smart devices, CRM systems, ERP systems, MES systems, website analytics and a host of other “big data” technologies give executives instantaneous access to real-time data.  In today’s environment, the need for executives…

Sensing and Organizational Alignment in Uncertain Times

 

Recently several articles were published about President Donald Trump challenging the “One China” principle that has been the bedrock for past US-China relations.   Many say that President Donald Trump is just posturing in anticipation of future US-China trade negotiations…

Lean Six Sigma Air Traffic Control

Look at your approach

Continuous improvement approaches such as Lean Six Sigma have been around for decades.  Many organizations have used Lean Six Sigma to realize remarkable cost savings and profits. Just recently, many companies are now realizing that Six Sigma statistical tools can be used to analyze their Big Data opportunities and achieve even more benefits from their Lean Six Sigma…

Organizational Agility, the key to survival in a competitive world

Over the Memorial Day weekend, I was surfing the web and happened upon a fantastic research paper written by the Economist Intelligence Unit (EIU).  The article is titled: Organisational Agility: How business can survive and thrive in turbulent times. In 2009, The EIU conducted a survey of 349 executives around the world on the benefits, challenges, and risks associated…

Adaptive Leadership at Work

Recently the Chicago Tribune published a very interesting article about the corporate culture at Kraft Heinz which is Headquartered in Chicago and Pittsburgh and as stated in the article, “[Kraft Heinz] is one of the most ambitious and polarizing companies in the American food industry. Kraft Heinz is backed by Warren Buffet’s Berkshire Hathaway and Brazilian private equity company 3G Capital which…

Are users having problems keeping up with your Agile software deployments? Part 2 of 2

Executive Sponsorship

According to a 2014 survey sponsored by the Project Management Institute and conducted by Bain Research, Executive Sponsorship is the single biggest factor contributing to project success.  In an Agile environment, it is essential that the software solution being developed has strong, consistent and active executive support. …

Are users having problems keeping up with your Agile software deployments? Part 1 of 2

Since 2001, Agile based Scrum IT development has become extremely popular in the software development world.  When managed correctly, the Agile software development approach saves significant time and effort.  Unfortunately, in the process of embracing Agile software development, many organizations have overlooked the importance of incorporating organizational change management into the Agile approach. 

It…

Kill Your Blindspots in 2017 - Excerpt from the Uncertain Times

JP Morgan’s announced at the beginning of 2016 that it was going to replace all of their Bloomberg terminals; the contract value of which is tens of millions each year. This is another unfortunate example of how great companies can still get blindsided by market conditions or competitive moves. Like Montgomery Ward, Sears, JC Penny, and a host of other technology companies, Bloomberg rested on its…

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