Archive for the 'Management' Category

The Benefits of a Diverse Workforce

Companies all over the world are positioning themselves to adopt a more diverse workforce.  When I was at Pepsi, plans were in place to achieve diversification from about 10 years out.  They knew that there would be no ethnic majority by the year 2075, so they got the ball rolling early.
Here are 13 Benefits of [...]

Leadership Traits

Many corporations today use the controversial Myers-Briggs Type Indicator personality test, based on the work of psychologist Carl Jung, to label managers on four dimensions – as extroverts or introverts, thinkers or feelers, sensors or intuitors, and judges or perceivers.
The current research on leadership traits suggests that some factors do help differentiate leaders from nonleaders, [...]

The Process Of Empowerment

Empowerment is defined as, “the process that provides greater autonomy to employees through the sharing of relevant information in the provision of control over factors affecting job performance.”
Empowerment helps remove the conditions that cause powerlessness while enhancing employee feelings of self efficacy. It also authorizes employees to cope with situations and enables them to [...]

How To Gain And Keep The Initiative

The advantages of seizing the intiative are well documented throughout military history, as well as in countless buisness success stories. But how can you ensure that your organization gains, and keeps, the initiaitive?
These are five effective steps to do this:

Analyze the situation carefully
Seek hidden opportunities and new solutions
Act Now
Act boldly
Keep the pressure on

This may [...]

10 Ways To Link Culture And Strategy

Oftentimes, changing business strategy around a fixed corporate culture is one of the hardest things a strategist has to do.
The following is a list of ten elements that are most useful in linking culture to strategy:

Formal statements of organizational philosophy, charters, creeds, mission and vision statements
Designing physical spaces, facades, and buildings to mimic the company’s [...]

Porter’s Five Forces Are Dead

Web 2.0 has brought about interesting changes in business strategy.  Initially, the generally accepted framework for business strategy, Porter’s Five Rules, applied across the board, no matter the sector or industry.  Today, Porter’s rules are under fire.
WinMarket has a great post (although it is an ‘alpha’ version) about the differences between traditional business framework and [...]

Know-how and Know-why

“The problem is we get so caught up in the nitty gritty of implementation that we forget why we are here in the first place …. ‘Why’ is just as important as the ‘How’; they are not mutually exclusive.”

Why Starbucks is not present in Italy?

When Howard Schultz became the President and CEO of the Starbucks Corporation in 1987 the company was selling basically whole-bean coffees, and it counted dozens of stores across the United States. Less than 20 years later Starbucks is one of the most popular brands in America. It has more than 12,000 stores around the world, [...]

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