Category: bottom line performance

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Performance Measurement: Is There Value?

A common question that we receive from many new or recently promoted managers we work with is, “Is there really value in measuring performance. Or is it just one more “to-do” on...

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Strategy Gone Wrong

On May 11th, the Wall Street Journal published an article about JP Morgan’s $2 Billion dollar trading loss that occurred over the previous six weeks.  To the average investor, this may look...

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A Scorecard to Improve Cash Flow

Many people think that keeping a scorecard is tedious, even unnecessary. By keeping a scorecard it can help individuals and teams discover ways to change or improve processes to increase a task’s...

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Too Many Hats, Not Enough Heads

Rumor has it that smaller staffs, with people wearing more “hats,” is the new normal since the economic downtrend. Perhaps this is not very far from the truth. You no longer see...

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Data ≠ Measurement

Organizations continually try to measure performance and bottom line results.  It is common to hear someone make the comment, “We can run a report for that,” or “We can pull that data...

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Hitting Performance Targets Because They’re There

Outside of work, people are highly motivated to stretch their mental and physical limits. They complete triathalons in record time, ride dog sleds across frozen tundra, and climb mountain peaks few have...

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Acknowledge The Labor and Your Business Will Grow

Sigmund Freud and Erik Erikson’s Psychoanalytical Theories help explain positive and negative reinforcement and punishment. They believed that when a stimulus is introduced and a particular behavior is reinforced (such as a...

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Is There Value In Measuring Performance?

The vast majority of important challenges and difficult problems that organizations have to solve in order to achieve increased workplace productivity are not overcome with more technology, huge investments in equipment, or...

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I Hope Business Is Slow Today

“I hope business is slow today” is a constant theme that is present in many organizations.  This theme is about individuals, employee, and managers who do not understand or fully realize the...

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Metrics As Motivators: Is It Possible?

Many organizations track metrics in order to improve efficiency or processes.  The question is, are the metrics true motivators, or are they merely numbers, charts, or graphs posted on a wall? As...

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