|
|
A Lesson In Money Management
It disturbs me when I read about marketers who've lost a ton of money promoting their ventures. I've seen messages by marketers who've spent as much as $9,000 without making a cent. What's even more disturbing is the fact that many of them have...
Cobra Solution To Be Launched At Benefits Management Forum & Expo
Omaha, NE -- August 1, 2004 – COCO Development, LLC is set to launch its newest HR compliance solution, COBRApoint, a web-powered COBRA, HIPAA, State Continuation and Retiree Billing system, at the 17th Annual Benefits Management Forum & Expo in...
Debt Management Advice
The best debt management gives you the most financial options.
By making regular payments and having a low debt to income
ratio, you can access credit when you choose. If you aren't in
that situation, then ask for help from the variety of...
Management Coaching vs. Performance Appraisals
The question often comes up, “Isn’t management coaching a lot like the familiar performance appraisal process?” Our answer is that the two are dramatically different. The CMOE team originally became interested in the coaching process because of our...
The ACHILLES’ HEEL OF MANAGEMENT COACHING
While heading home at day’s end, you begin reflecting on a coaching meeting you had earlier that day with an employee, Chris. You hope that, this time, you finally succeeded in getting her to understand the importance of spending less time in...
|
|
|
|
|
|
|
|
Do You Make These Ten Management Mistakes?
As a busy executive, you face some extremely difficult challenges like creating and dominating new markets or finding and keeping the best people. But then, like many executives, do you find yourself spending too much time solving everyday problems (that only you can solve, right?), which prevent you from growing your ideal business?
Most managers find themselves spending 80% or more of their time “reacting” to business events and very little time in preventing those same events from occurring again. If this sounds familiar then you may be making some of these management mistakes:
- Do you have a compelling vision for your company, that projects a remarkable future, but few of your employees have heard of it or could explain it if asked?
- Do you have a company mission that addresses your customer needs yet your operations fail to measure your progress towards your mission?
- Do your objectives focus on increasing revenue and profitability while your assets are performing poorly, generating negative cash flows, or encumbered by debt to create the profit?
- Do you talk a lot about your employees (positive or negative) without noting what your employee turnover or performance metrics are for your industry?
- Do you spend a lot of time working IN your business on tactics yet fail to spend a greater amount of time working ON your business to define your strategy, performance metrics, and real resource needs?
- Do you have regular interactions with employees yet fail to communicate the status of objectives, financials, or metrics?
- Do you make money available for training yet fail to measure how that training helps your company achieve its goals?
- Do you constantly strive to improve your company’s performance yet fail to compare your performance against external benchmarks for success?
- Do you believe that your customers, employees, and vendors all love your company yet you have no process for measuring their satisfaction on an on-going basis?
- Do you produce forecasts and budgets yet
fail to achieve the agreed upon goals or learn from the experience to improve in the future.
- Daily operational issues eat up much of a manager’s time. Too much for most managers. But by reversing this trend, you will have the opportunity to correct those mistakes and build a superior organization that keeps your best people, increases revenue and increases margins.
Start by examining how to remove yourself from your business. Look at automating or outsourcing tasks you perform now. Any task that falls within the tactical operation of your business should be transferred to another person.
If automating or outsourcing is not an option then move the responsibility down the organization and train your employees to take over those tasks. Most employees are quite capable once they have been properly trained and given enough time to become proficient.
Continuous improvement beats delayed perfection.
The business is not about the founder, executive or management that has more experience, thinks they are the smartest or can do the best job. A business is about all of the people. In fact a business is the people.
Management’s job is strategic. Manager’s must focus on the vision, mission and objectives of the organization. Then deploy the resources to see the work gets done. Then measure, monitor and communicate the results so that everyone has the information they need to improve their performance.
Management job is to do the strategic work and not to do the tactical work or else who is doing the managers job? The workers cannot.
Chris Anderson is founder and CEO of Bizmanualz, Inc. Since 1995, www.Bizmanualz.com has specialized in empowering organizations to continuously improve compliance, control and customer satisfaction using effective and well-defined management processes. Management Systems help is available via consulting, training and prewritten policies and procedures for a wide variety of industries.
chris@bizmanualz.com
|
|
|
|
|
About Management - business management - people management - and more |
THE starting place for exploring MANAGEMENT; helping new managers get started and experienced managers get better. |
management.about.com |
  |
Management - Wikipedia, the free encyclopedia |
The phrase "management is what managers do" occurs widely, suggesting the difficulty of ... The management of a large organisation may have three levels: ... |
en.wikipedia.org |
  |
Free Management Library |
Quality Management · Research Methods · Risk Management · Sales · Social Entrepreneurship · Staffing · Starting an Organization · Strategic Planning ... |
www.managementhelp.org |
  |
Welcome to the American Management Association |
Helping business professionals learn practical management skills and the best practices of world class organization. |
www.amanet.org |
  |
Project Management Institute (PMI) - The largest project ... |
The organization of choice for project management professionalism. PMI establishes Project Management standards, provides seminars, educational programs and ... |
www.pmi.org |
  |
IT Project Management and IT Service Management Ideas and Analysis ... |
Datamation provides ideas and analysis for IT managers, featuring case studies and trend spotting reports on IT project and service management issues. |
itmanagement.earthweb.com |
  |
Management |
International review on management research. Peer-reviewed, occasional. Ejournal, with tables of content, abstracts and full articles available on-line. |
www.dmsp.dauphine.fr |
  |
Society for Human Resource Management |
Advances the human resource profession to ensure that HR is recognized as an essential partner in developing and executing organizational strategy. |
www.shrm.org |
  |
FEMA | Federal Emergency Management Agency |
Agency of the US government tasked with Disaster Mitigation, Preparedness, Response & Recovery planning. |
www.fema.gov |
  |
FT.com / Business Life |
Account Manager. Recruiter: Financial Times. Part Qualified Management Accountant. Recruiter: Robert Half Finance & Accounting ... |
www.ft.com |
  |
Small Business Management: Advice and Guides |
Online guide to small business management. Find articles, advice and how-to guides. |
www.entrepreneur.com |
  |
Academy of Management Online |
Academy of Management: This is the official web site of the Academy of Management, with information on membership, journals, list servers, web sites, ... |
www.aomonline.org |
  |
Business Management, Leadership and Decision Making Strategies and ... |
Provides business management articles, webcasts, online learning, and books as well as conferences focused on leadership and decision making. |
www.bettermanagement.com |
  |
Object Management Group |
Distributed object computing industry standards group founded in 1989. Defined standards include CORBA and IIOP. |
www.omg.org |
  |
Management Reading | Global Executive | Business | Economist.com |
The one management thinker every educated person should read Nov 17th 2005 ... The story of Emerson's successful management process is fascinating. ... |
www.economist.com |
  |
Emerald: Home |
Publisher of journals in management and library and information services, engineering, applied science and technology. |
www.emeraldinsight.com |
  |
Yale School of Management |
The mission of the Yale School of Management is to educate global leaders for business and society. We pride ourselves in providing a hard-edged business ... |
mba.yale.edu |
  |
US Office of Personnel Management |
Official Federal Government site listing positions nationwide for special agent, federal police officers and related jobs. |
www.usajobs.opm.gov |
  |
Waste Management |
Waste Management is the #1 Residential and Commercial Trash Service Provider. |
www.wm.com |
  |
US Office of Personnel Management |
Includes federal jobs listings, upcoming events, numerous humans resources reports, news releases and additional official information. |
www.opm.gov |
  |
|