You can have the vision to build a great organization that produces excellent products. But in the end, all that matters is how you manage to raise the resources required to build the organization, how you sell your product idea to bring it to fruition, and how you introduce your products to your target customers/clients…. Read more
In the last three years, the way organizations work has changed drastically due to the necessity to adapt to a new hybrid working model. Even after the end of the pandemic, the virtues of the hybrid working model are widely recognized and have been accepted, in light of the ever-expanding diversity in the workforce. In… Read more
Introduction Root cause analysis discovers the root causes of issues and comes up with appropriate solutions. It’s easier to prevent and resolve underlying problems than to treat symptoms proactively. RCA looks past the superficial causes and effects and highlights where the system or processes failed, causing the problem in the first place. Let’s examine RCA… Read more
Recruiting a strong team is vital to any organization’s performance, productivity and growth. Recruiting metrics enable and promote data-driven hiring strategies to ensure a strong team. Numerous data points and metrics aim to enhance the hiring process. It’s, therefore, essential to understanding which metrics are more effective. This removes the confusion, allowing you to focus… Read more
Meeting deadlines is crucial for any type of work. Failing to meet deadlines can often negatively affect you and your organization. In an ideal work setup, you will take up a task or a project and set a deadline for its completion, work hard to carry out the task/project and meet the deadline; it sounds… Read more
An agile strategy enables an organization to swiftly and cost-efficiently respond to changes in the market or business environment. Introduction Agile strategies help corporations thrive and survive uncertain, volatile, and complex environments. Such strategies combine adaptability, preparedness, awareness, speed, and flexibility. Traditional strategies are more suitable for industries like manufacturing, where stable, long-term, and repetitive… Read more
Our minds look for the meaning behind every good and bad thing that happens in life. We prefer positive events and results but rarely find fault in ourselves when things go wrong. Self-serving bias is when we take credit for the good and blame others for the bad. How does this bias affect our personal… Read more
Project management is a critical part of running a successful business. Project managers have plenty on their plates to balance internal and external business functions. Here are some key statistics to demonstrate project management complexities 85% of project managers have five, sometimes ten, projects running simultaneously. 54% of companies fail to track their key performance… Read more
In simple terms, the acronym OKR stands for “Objectives and Key Results”. In more detail, an OKR can be defined as a rigorous goal-setting and tracking method invented by Andrew Grove and used in Intel from its early years. Andrew Grove derived the concept of OKR from the teachings of Peter Drucker’s Management by Objectives…. Read more
No business is immune to recession, but only the best-prepared companies survive and thrive. The effects of the Covid-19 pandemic, global conflicts, political changes, energy regulations, climate change, and many other factors drive today’s hardships. Managing recession with OKRs is vital to keep businesses afloat. Let’s look at how OKRs can help your company navigate… Read more
Introduction While no business can achieve 100% productivity, there are plenty of reasons to improve performance through scheduling. For example, highly engaged employees are over 20% more productive at work, given good communication, few distractions, and the right tools to manage their tasks. Once you understand how to schedule your time, you’ll see daily benefits… Read more
Organizations often have to take important decisions that can either make or break their success. Making the right decisions at the right time matters. However, taking the right decisions is neither easy nor straightforward. You may have to measure relevant metrics, sift through enormous Parents of data, and make predictions and accurate projections to gain… Read more