February 14, 2012 by admin
Communication is the oil in the engine of any business and yet is it often neglected, careless or squandered – especially in meetings. Few people look forward to business meetings because they are frequently felt to be unproductive and a waste of time. But all too often they are also reluctant to put in the required effort to prepare in advance, be on time and stick to the agenda!
You can’t have it both ways
If any of the meetings you attend are unproductive; what are you doing about it? Are you contributing to the late starts, lack of focused agendas or digressions that make the meeting run over? A little self-discipline and efficient time management can transform the effectiveness of meetings, improve decision making and develop powerful teamwork. But it is all about keeping the fundamental principles in mind.
There is a popular and often misquoted piece of research from the 1950s by George Miller that the maximum number of items a person can hold in their mind at once is seven. More recent findings show that actually we can only hold about 4 items or concepts in our mind at any one time. It reduces rapidly to only one if things get more complex, if we are tired or if we are over or under-stressed in any way. For example, you may find it easy to keep 4 numbers in your mind, but can you recall the four sentences in this paragraph without rereading? Read the rest of this entry »
Tags: business meeting, develop powerful teamwork, improve decision making
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February 6, 2012 by admin
I know your charts are not entered in a beauty contest so what do I mean by ugly? Beauty is in the eye of the beholder. Therefore a chart that does not clearly get its point across is ugly.
There are three things that make a chart ugly:
* Lack of Focus
* Wrong Type of Chart
* Poor Color
There are two ways a chart can lack focus; unrelated variables and variables outside of the span of control.
A chart that shows unrelated variables lacks focus. Putting the Accounts Payable with Inventory and Share Price doesn’t make sense. It is like the Sesame Street game. One of these things is not like the others. Share Price is not directly related to either Inventory or Accounts Payable. Read the rest of this entry »
Tags: accounts payable, chart variables, management chart
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January 20, 2012 by admin
Have you ever stepped back and watched team members respond to a decision? It’s really an interesting dynamic to watch.
I just watched a group of mid-level managers react to a decision that their management team made – three months ago. There clearly is not commitment amongst this group (once again, these are mid-level managers).
The background – The management team made a strategic decision that impacted everyone within this 75 person company. Somewhere along the decision-making-process-timeline, they thought it would be a good idea to gather input from their employees (novel idea, ha?). So, as a result, they conducted a series of focus groups, gathered employee input, and conducted a follow-up town hall meeting to respond to input gathered during the focus group sessions. Read the rest of this entry »
Tags: business decision, decision making, strategic decision
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